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Cyprus property market tarnished by London protest

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Postby Paphitis » Sat Apr 03, 2010 12:07 pm

The signs were part of a high-profile campaign organised by Conor O’Dwyer who is embroiled in a lengthy legal battle with local developers.


The Cyprus Property market has no need to be concerned since this guy has a very serious chip on his shoulder.

We are all familiar with Conor O'Dwyer's case, and quite frankly, he has made a big fool of himself and does not have a leg to stand on.

We are also familiar with the well known property developer, who has been in business for many years and has completed many projects and has others still underway.

Water off a Duck's back!
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Postby Gasman » Sat Apr 03, 2010 12:48 pm

We are all familiar with Conor O'Dwyer's case


You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.

And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.
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Postby Paphitis » Sat Apr 03, 2010 1:29 pm

Gasman wrote:
We are all familiar with Conor O'Dwyer's case


You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.

And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.


The Cyprus Property Market has overcome more serious obstacles in the past, and I don't believe the developers would be overly concerned.

The fact of the matter is, Cyprus is an idyllic Mediterranean island with an excellent climate, and so property demand will always be present despite slight variations in demand brought about by natural economic cycles.

But let's say it turns away a few British investors. Many of us believe that this is a good thing, because those investors have already caused overinflated property prices by Cypriot standards meaning that the younger generations are finding it increasingly hard to buy their first home. By international standards, Cypriot property is still very cheap and affordable, and international investors see Cyprus as a good place to invest (sadly).
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Postby Tim Drayton » Sat Apr 03, 2010 1:57 pm

Paphitis wrote:
Gasman wrote:
We are all familiar with Conor O'Dwyer's case


You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.

And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.


The Cyprus Property Market has overcome more serious obstacles in the past, and I don't believe the developers would be overly concerned.

The fact of the matter is, Cyprus is an idyllic Mediterranean island with an excellent climate, and so property demand will always be present despite slight variations in demand brought about by natural economic cycles.

But let's say it turns away a few British investors. Many of us believe that this is a good thing, because those investors have already caused overinflated property prices by Cypriot standards meaning that the younger generations are finding it increasingly hard to buy their first home. By international standards, Cypriot property is still very cheap and affordable, and international investors see Cyprus as a good place to invest (sadly).


Excellent use there of the word 'idyllic'. Well done!
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Postby Paphitis » Sat Apr 03, 2010 1:59 pm

Tim Drayton wrote:
Paphitis wrote:
Gasman wrote:
We are all familiar with Conor O'Dwyer's case


You may well be. I too have read about his former protests. However, I am sure the thousands of visitors to the exhibition are not as familiar and it cannot have done the Cyp property market any good.

And if you think O'Dwyer is the ONLY purchaser of a property in Cyprus who feels they have cause for complaint - you must have been living on another planet for the past few years.


The Cyprus Property Market has overcome more serious obstacles in the past, and I don't believe the developers would be overly concerned.

The fact of the matter is, Cyprus is an idyllic Mediterranean island with an excellent climate, and so property demand will always be present despite slight variations in demand brought about by natural economic cycles.

But let's say it turns away a few British investors. Many of us believe that this is a good thing, because those investors have already caused overinflated property prices by Cypriot standards meaning that the younger generations are finding it increasingly hard to buy their first home. By international standards, Cypriot property is still very cheap and affordable, and international investors see Cyprus as a good place to invest (sadly).


Excellent use there of the word 'idyllic'. Well done!


Thanks! :?

Happy passover to you.
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Postby Milo » Sat Apr 03, 2010 3:39 pm

Paphitis wrote:
The signs were part of a high-profile campaign organised by Conor O’Dwyer who is embroiled in a lengthy legal battle with local developers.


The Cyprus Property market has no need to be concerned since this guy has a very serious chip on his shoulder.

We are all familiar with Conor O'Dwyer's case, and quite frankly, he has made a big fool of himself and does not have a leg to stand on.

We are also familiar with the well known property developer, who has been in business for many years and has completed many projects and has others still underway.

Water off a Duck's back!


If you are so familiar with this particular developer father and son then maybe you would know that twice they have beaten him up, they should be in jail for GBH. They have helped to ruin what could have been a decent property market in Cyprus, they and quite a few others should be thrown off the island to live in a more suitable country like Mexico.

The chip on his shoulder is the £75k that these criminals decided to 'award' themselves in so called 'damages' is not good enough reason for this man to be mad, then I give up. You may also know that Conor because of this very case now has friends in high places both here and in the UK. High profile it now is, BUT only because he had to fight for his days in Court, three just last week (a straightforward GBH that has took 3 years to be heard and the case started in April 09 why is it STILL going on??) to fight two assaults and one private prosecution, what this 'duck' has become is a massive thorn in the side of bad Developers who beat you up when you disagree with them, unethical lawyers who work for 'brown envelopes' and a protracted justice system not geared up for anyone to use IF you don,t know someome :wink:

At the same time an icon for thousands of others in similar positions many who have also been threatened by the Developer.

You need to live here to know exactly what is going on with this particular case, this developer may have been in business for many years, but thousands of people will take to the streets IF he is in business for much longer and does,nt get his punishment.

Its a pinnacle case being watched very closely believe me, the outcome unless very fair will cause lots more trouble. Of that I have no doubt.

This is not a them and us situation anymore as some wish to make it, being much more serious overseas as some people just won,t 'lie down'

The latest property 'K' Development I know of has been sitting still for nigh on two years. The K bad name has gone far and wide as a man from SA came here last year looking for property and specifically asked not to be directed to a 'K' development.

You are talking absolute pish :roll: :roll:
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Re: Cyprus property market tarnished by London protest

Postby Get Real! » Sat Apr 03, 2010 3:43 pm

Gasman wrote:Image

That's a huge turnout! :lol:
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Postby beverley10 » Sat Apr 03, 2010 4:06 pm

This man has been treated appallingly by people he trusted with his hard earned money.Not only has he not got the property he agreed to buy and paid a large deposit on,he has been assaulted not just by the developer he dealt with but by the whole judicial system in Cyprus!Yes,Cyprus should be ashamed of itself and I feel sure that there are many Cypriots that secretly agree that this man and many others have been taken for a ride and are embarrassed by it all.The corruption is like that of 3rd world dictatorships and not as a lovely mediterranean island.I really wish that the vast majority of decent Cypriots would stand up and be counted as I know they really hate this situation as much as we do.
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Postby kafenes » Sat Apr 03, 2010 5:01 pm

With signs like 'Cyprus, island of fraud' he is only creating hatred between the locals and the Brits living here in Cyprus. Rather then generalising he should aim his campaign towards the particular developer he has the problem with.
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