Cyprus Mail

Rip-off merchants not a huge factor for property buyers

Real estate agent, Antonis Loizou, recently stated in your paper that local rip-off merchants in tourist areas have a direct effect on real estate sales. Surely, this is only a minor factor in the sale of real estate when the reputation of Cyprus, as commented recently in the British press, and my own experience of waiting over 18 years with still no title deeds in sight, would make any reasonable prospective purchaser consider that these factors are born of incompetence, corruption, or probably both, and would, therefore, seek to buy elsewhere.

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