Cyprus-Forum.com

[nhowarth]

Hi Sylvia,

I'm afraid to say that there are many, many people in the same position as yourself and the other residents where you live.

I was on the radio a couple of months back with George Coucounis, Limassol MP Rikkos Erotokritou, and Lakis Tofarides (the Chairman of the Cyprus Land and Building Developers Association).

Everyone agreed there is a serious problem with Title Deeds, but little headway is being made. The developers point the finger of blame at the Land Registry & Planning Offices, who in turn, blame the developers.

Construction in vital to the Cyprus economy accounting for some 8% of the countrys' GDP and it's been estimated that some CYP 40,000,000 revenue is being lost to Government from Property Transfer Fees, etc.

In spring next year, Channel 4 will be broadcasting a program about the Title Deed problems. When the word gets out to the 4,000,000 or 5,000,000 Brits who will be watching the program, it could have very serious repercussions for the Cyprus property market and the islands' economy.

Hpefully, TPTB will act to remedy the situation; at the moment, it's a complete mess.

Regards,

[Kikapu]

nhowarth,

Do you by any chance have the website for Land Registry Department in Cyprus.

Thanks.

[nhowarth]

Hi Kikapu

You can find the Department of Lands & Surveys at: http://www.moi.gov.cy/moi/dls/dls.nsf/d ... enDocument

Also, the 'Citizens Charter' at: http://www.moi.gov.cy/moi/citizenschart ... endocument has some useful information on Land & Surveys & the Planning System.

Regards,

[Kikapu]

Hi Kikapu

You can find the Department of Lands & Surveys at: http://www.moi.gov.cy/moi/dls/dls.nsf/d ... enDocument

Also, the 'Citizens Charter' at: http://www.moi.gov.cy/moi/citizenschart ... endocument has some useful information on Land & Surveys & the Planning System.

Regards,

Thanks a lot for the info nhowarth.

[sylvia]

To Nigel

Thank you for you reply. You are correct in what you say and we have been saying this for years about the loss of revenue. I'll definitely watch that programme and will tell everyone else on the complex to do the same

thanks

Well I'm off to sunny Cyprus tomorrow so I'll talk to you again on my return, unless I can find an internet cafe

[nhowarth]

Have a good flight over Sylvia,

You can contact me via my website (click on the WWW button below this message).

The thing about the CYP 40,000,000 is that affects everyone in Cyprus, not just those buying property.

Just think what the Govt could do with that money - improve healthcare facilities, schools, pensions, etc, etc, etc.

But as we all know their mind is focussed on 'the other' property problem.

Cheers,