28.10.2008 - Foreigners left without title deeds as Cypriot market freezes
From Homesoverseas.co.uk: Nearly 30,000 foreigners who bought properties in Cyprus are still waiting on their title deeds, according to official statistics released by the Cyprus Land Registry. Around 4,400 Cypriot homes have been transferred to overseas nationals in Cyprus since early 2005, while the transfers of a further 29,949 are still in the balance. Recent research reveals that around 30% of all homes sold in Cyprus over the past three years were sold to non-Cypriots, suggesting that as many as 100,000 properties in Cyprus could still be waiting for their Title Deeds to be issued..... Full Article: Source
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