International Property Investment » Real Estate Investments in Cyprus http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Wed, 10 Mar 2010 12:12:40 +0000 en hourly 1 admin admin International Property Investment Blog No No Real Estate Investments in Cyprus – The Ugly http://internationalpropertyinvestment.com/real-estate-investments-in-cyprus-the-ugly http://internationalpropertyinvestment.com/real-estate-investments-in-cyprus-the-ugly#comments Sun, 15 Mar 2009 21:11:16 +0000 Martyn Shuttleworth
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http://internationalpropertyinvestment.com/?p=2062 Real Estate Investments in Cyprus – The Ugly

Once again, the justice system in Cyprus displays its customary incompetence and reluctance to do any real work. The archaic laws concerning real estate investments in Cyprus still contain gaping loopholes, allowing unscrupulous developers to steal money from buyers. Thousands of foreign buyers have been scammed by property investors, in a scheme dating back to the 1980’s, with little sign of any attempt to fix the system.

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