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Lawmakers sound alarm over foreign property buying spree
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Lawmakers sound alarm over foreign property buying spree
Cyprus has become a ‘free-for-all’ as non-EU foreign nationals are snapping up real estate in quantities vastly disproportionate to their numbers, some MPs warned on Thursday. Parliamentarians were discussing a recently released report by the auditor-general, which found that last year 27.4 per cent of properties were purchased by non-EU…
·Nicosia, Cyprus
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