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Cornelius Desmond O'Dwyer's Press Release

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Postby Gasman » Sat Oct 30, 2010 10:29 pm

What most foreign purchasers do not realise is that Cypriots rarely sell their homes. There is no such thing as an active domestic housing market, and this is why over 130,000 properties in the Republic lack Title Deeds, never mind building inspector approval. If you’ve no intention of ever selling why incur the cost of acquiring approval and paying registration taxes, totalling in most cases over €10,000?
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Postby Gasman » Sat Oct 30, 2010 10:32 pm

International Ratings Agency, Moody's

The Island’s once booming property market “remains a risk area with weak demand and unclear growth prospects” according to Moody’s, the international ratings agency.
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Postby Gasman » Sat Oct 30, 2010 10:39 pm

Cyprus Overseas Property Market Collapse

The Island’s once booming property market “remains a risk area with weak demand and unclear growth prospects” according to Moody’s, the international ratings agency.


IT seems hard to believe that in 2007 the Cyprus property market was extremely buoyant with the number of properties being sold to non-Cypriot buyers reaching an all time high of more than 11,000.

But since that time the global financial crisis, the fall in the value of Sterling, the Title Deed fiasco, and reports of developers abusing property laws making headlines in the UK have all precipitated a collapse in sales of property to foreigners. And it is the British in particular who have all but deserted the island in search of safer places to invest their money.


It's not just Conor you know. And the problem is well known. And it's not just ONE crooked developer either. Perhaps the developers who have nothing to do now could be put to work building some more jails, to put their colleagues in!
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Postby Get Real! » Sat Oct 30, 2010 10:46 pm

Gasman wrote:The Brits certainly aren’t buying anymore...

Well halleluiah! :roll:

I’ll be very blunt with you Gasman, I just can’t stand you snotty Brits anymore!

Here’s hoping you’ll all go back to the shithole you came from and never return!

You’ve been nothing but a nuisance to this country! Actually, make that EVERY country you've ever set foot on!
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Postby Get Real! » Sat Oct 30, 2010 10:50 pm

Gasman wrote:What most foreign purchasers do not realise is that Cypriots rarely sell their homes. There is no such thing as an active domestic housing market, and this is why over 130,000 properties in the Republic lack Title Deeds,

You're finally waking up to the island's ways which obviously have nothing to do with corruption!
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Postby Oracle » Sat Oct 30, 2010 10:57 pm

Gasman wrote:And it ain't going away. His case will be featured in an ITV 'Homes from Hell' in the summer of NEXT YEAR!


Along with the likes of the Orams!

Scumbag Gasfart and the shit-bags you mix with for your money! :D

Left the occupied north to defame the south for richer pickings, you foulmouthed racist anti-Greek, ousted Brit! :D
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Postby Milo » Sun Oct 31, 2010 6:23 am

Get Real! wrote:

Actually, make that EVERY country you've ever set foot on!


You,re not being fair GR we have given MOST of the countries back now :lol: :lol: and some have even done well since :D
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Postby Milo » Sun Oct 31, 2010 6:24 am

New Poll please GET THEM SNOTTY DEVELOPERS OUT OF THE UK ADVERTISING PROPERTIES FOR SALE IN CYPRUS NOW!!!!
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Postby Milo » Sun Oct 31, 2010 6:31 am

Get Real! wrote:

I’ll be very blunt with you Gasman, I just can’t stand you snotty Brits anymore!

Here’s hoping you’ll all go back to the shithole you came from and never return!



Do you think ALL the Brits like immigrants living in their country? Its quite normal and certainly expected, sort of water of a ducks back really, who really cares :wink:

GR its fairly obvious to many that ONLY those who have a vested interest in the property market here and possibly part of this hideous Cyprus Triad would ever stand up with them in trying to pick holes in Conors sad plight. Basically one has to be human first to care. So that lets you out.
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Postby Milo » Sun Oct 31, 2010 6:37 am

Gasman wrote:And it ain't going away. His case will be featured in an ITV 'Homes from Hell' in the summer of NEXT YEAR!


ITV UK producers from 'Holiday Homes from Hell' are filming on the island with Conor tomorrow and parts of this month also.
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