Property Abroad
Blog
Georgia prepares initiative to hear the Orams case before the CPCC regarding foreign real estate purchasers

Georgia prepares initiative to hear the Orams case before the CPCC regarding foreign real estate purchasers

Georgia prepares initiative to hear the Orams case before the CPCC regarding foreign real estate purchasers

The KCTCS is launching an initiative in the Orams case against foreigners buying real estate.

The Fileleftheros newspaper reported that it is preparing to launch a new legal fight against citizens of Israel, Russia, Iran and other foreign countries who buyreal estate, including the old Orams at KCTCS. It is reported that the Republic of Cyprus is preparing to launch a new legal fight against citizens of Israel, Russia, Iran and other foreign countries buying real estate, including old rums in the KCTCS. The Fileleftheros newspaper reported that it is preparing to launch a new legal fight against citizens of Israel, Russia, Iran and other foreign countries who buyreal estate, including old rums in the KCTCS.

Recommended real estate
Buy in Cyprus for 175441€

Sale flat in Portiman 186 073,00 $

2 Bedrooms

1 Bathroom

67 м²

Rent in Georgia for 2000$

Rent flat in Tbilisi 2 000,00 $

2 Bedrooms

1 Bathroom

93 м²

Buy in Georgia for 32414€

Sale flat in Batumi 34 378,00 $

1 Bedroom

1 Bathroom

46 м²

Buy in Cyprus for 143000£

Sale flat in Iskele 183 444,00 $

1 Bedroom

1 Bathroom

73 м²

Rent in Georgia for 450$

Rent flat in Tbilisi 450,00 $

1 Bedroom

1 Bathroom

60 м²

Rent in Georgia for 650$

Rent flat in Tbilisi 650,00 $

1 Bedroom

1 Bathroom

40 м²

The newspaper recalled Britons who bought property in the KCTCS and left after a case was brought against them, known as the Orams case, and pointed out that the case would form the basis of a legal fight against other foreign nationals buying property in the KCTCS.

According to the newspaper, the Cypriot government and Orams' figures show that the buying and selling of old Orams properties in the KCTCS has reached alarming proportions. The newspaper also noted that Foreign Minister Konstantinos Kombos is looking into the case of the sale of old Ruma properties to the KCTCS. The article also mentions a news story in the Yenidüzen newspaper about these sales, but does not specify how the Orams case will be used.

Comment