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 buy real 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 buy real estate, including old rums in the KCTCS.

Recommended real estate
Buy in Cyprus for 239000€

Sale villa in Protaras 258 082 $

2 Bedrooms

2 Bathrooms

96 м²

Buy in Cyprus for 830000€

Sale cottage in Paphos with sea view 896 269 $

3 Bedrooms

4 Bathrooms

153 м²

Buy in Cyprus for 230500€

Sale loft in Esentepe with sea view 248 903 $

2 Bedrooms

2 Bathrooms

75 м²

Buy in Cyprus for 66000€

Sale flat in Famagusta with mountain view 71 269 $

1 Bedroom

1 Bathroom

66 м²

Buy in Cyprus for 67700€

Sale flat in Esentepe with sea view 73 105 $

1 Bedroom

1 Bathroom

50 м²

Buy in Cyprus for 116300€

Sale townhouse in Lapta with sea view 125 585 $

3 Bedrooms

2 Bathrooms

140 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