Nicosia District Court has remanded a 40-year-old man for seven days on suspicion of being involved in the sale of Greek Cypriot property in the north on Friday.

The man had been arrested at Larnaca Airport on Thursday as part of an ongoing police investigation into conspiring to commit fraud and the usurpation of Greek Cypriot property, or the sale of real estate that belongs to someone else.

He was arrested on a court warrant as he tried to leave the island for another European country.