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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Lawsuit against HSBC for illegal trading in the occupied area of Northern Cyprus

   
Lawsuit against British bank HSBC to facilitate illegal buying and selling real estate in the occupied area of Northern Cyprus filed in US courts of British buyers group.
According to a report in the Daily Telegraph, the applicants have invested their life savings in real estate for which they believed that receiving valid ownership titles issued by the TRNC.
 
Reproaching the HSBC to "illegal transfer of money for the sale of these properties, while knowing that the property titles of these are illegal and / or void because the 'TRNC' does not hold the power sovereign to issue or acquire property rights".
 
The British plaintiffs say the bank is involved in this way in a "fraud case with buying and selling real estate biblical proportions." They seek damages of $ 50 million. The lawsuit was filed in Washington.

- See more at: http://www.sigmalive.com/news/oikonomia/308674/agogi-kata-hsbc-gia-paranomes-agorapolisies-sta-katexomena#sthash.AuukE4B3.U63msHJX.dpuf