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The Independent UK
The Independent UK
National
Menelaos Hadjicostis

Selling Greek Cypriot property in the breakaway north of split Cyprus? You could end up in court

Cyprus Property Courts - (Copyright 2023 The Associated Press. All rights reserved)

Cyprus won’t stop launching legal proceedings against realtors and developers who illegally make money off Greek Cypriot properties in the breakaway north of the ethnically divided island nation, with four such cases currently being adjudicated, an official said Friday.

A Ukrainian man, a German national and two Israelis — among them real estate developer Simon Aykut — are being tried on a variety of charges including illegally advertising the sale of Greek Cypriot property, illegal possession and use of such property and conspiracy. All four defendants remain in custody.

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