Cyprus Property Forum for Buyers, Sellers & Investors

If anyone has agreed to purchase at the above development in Frenaros built by A Chacholis & is not in contact with the 'Owners Group', can you please indicate here. Similar applies to their development known as FNG Coastal Palms at Xylophagou

thanks

Point taken, property market gone down was not the issue at all.

The fact that there is no REAL comeback in Cyprus against banks, lawyers, sales agents or developers, however many false promises or misrepresentations have been made, takes a bit of getting used to for a UK based professional ...

Thanks Nigel,
this is concerning as the purchasers of course relied on having been told that the bank had done a valuation. Is there any way that we can force the issue as regards whether a valuation took place & also actually get sight of it? I have noted that there is no independent financial ...

Hi Nigel,
a group of us agreed to buy houses in Frenaros off-plan from the UK in 2007/08, these are now due to be ready for handover in the next month or so. We were told in the sales literature that a 'leading bank' had valued the development & would be willing to lend us up to 80% of the purchase ...