"Property sales in north slump over court case fears
By Simon Bahceli
PROPERTY sales in the north have hit an all time low, estate agents said yesterday, despite claims on Monday by Turkish Cypriot ‘prime minister’ Ferdi Sabit Soyer that the property boom continued unabated.
“I haven’t sold a single property in a year,” Kyrenia-based estate agent Altan Ozcihangirli told the Cyprus Mail yesterday, adding that others in the industry were experiencing a similar slump in sales.
Ozcihangirli said he believed the bottom had fallen out of the property market as a direct result of several court cases pending against those who had invested in properties abandoned by Greek Cypriots in the wake of the Turkish invasion in 1974. "
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