About Us About Cyprus Property Guide Property News Property Law Market Reports Disclaimer Contacts
Search Invest "Off-Plan" Invest "buy to let" 10-30% discount UK Associates Our Services & Tips Our Fees Free Inspection Trip
cyprus investment properties - off-plan, resales, buy to sell, buy to let and many other investment property in Cyprus.

News & Articles

properties in cyprus

British couple lose Cyprus property case

(Gulf Times Newspaper)


NICOSIA: A British couple living in the breakaway north of divided Cyprus lost an appeal yesterday against a court decision to demolish their retirement home as it was illegally built on Greek Cypriot property.

The decision has wider legal ramifications, with thousands of Britons and other EU nationals having bought land in Turkish-occupied northern Cyprus that originally belonged to Greek Cypriots.

Lawyers for Linda and David Orams had argued that the property was bought in good faith, but this was done without the owner’s consent, a Greek Cypriot refugee now living in the Cyprus government-controlled south of the island.

The court upheld a November ruling that the home be demolished and damages be paid to owner Meletis Apostolides, citing rulings by the European Court of Human Rights that Greek Cypriot refugees are “the only true and lawful owners” of their land.

The Orams’ Turkish Cypriot lawyer Gunesh Mentesh said the couple would not demolish the house, in an area popular with pensioners, but would appeal to a higher court within 10 days.

Apostolides’s lawyer Constantinos Candounas said he would take up the fight through the British legal system if need be.

Cyprus has been divided since 1974 when Turkey invaded and occupied the northern third following a Greek Cypriot coup seeking to unite the island with Greece.

In 1974, some 200,000 Greek Cypriots fled their homes in the north, making property rights a key element in any move to reunify the island.

A divided Cyprus joined the European Union in May last year after the failure of a UN reunification plan.

There are an estimated 4,000 Britons living on a permanent basis in the breakaway Turkish Republic of Northern Cyprus — recognised only by Turkey — and they could now face a barrage of lawsuits by Greek Cypriot owners.

Moreover, the north has witnessed a huge property boom since the Turkish Cypriots received international praise for backing the peace plan which the Greek Cypriots rejected last year.

Lured by stunning scenery and rock-bottom prices, thousands of foreigners have in recent years purchased property in the enclave. – Agencies


Click here to go to article >>>


By Mary Antonescu - mary@cyprus4properties.com

Tel: +357-7777-7067, +357-22-760051 / Mob: +357-99-686618 / Fax: +357-25-326477 / E-mail : info@cyprus4properties.com

cyprus properties

2005 ® Cyprus 4 Properties

 

col cyprus properties