Latest News on the Orams Case

The much anticipated London Court hearing for Mr & Mrs Orams have issued their final verdict which found in total favour of the TRNC residents.

The ongoing case has witnessed many twists and turns not to mention the over zealous Greek Cypriot press statements and propaganda which in the end bore no assistance to their case.

We are pleased to say that the judgment made by London's high court in September says that under protocol 10 of the EU accession for the republic of Cyprus, the Greek Cypriot government has no legal jurisdiction regarding any issues within the boundaries of the Turkish Republic of Northern Cyprus.

The statement also concurred that any foreign purchaser that successfully invests within the perimeter of the TRNC government property laws cannot rightfully have any enforceable charges or claims regarding the title at any time in the future either in the TRNC or on any of their UK assets.

Following the successful judgement, we are now anticipating a major upswing in the market within the next 12 months.

Many people have been waiting for the outcome of this case before investing here and we now foresee that due to the reinstated confidence this will now bring to potential buyers, we should start to see a definite increase in buyers and eventually in prices.

Although Greek Cypriot Lawyer Constantis Candounas has lodged an appeal against the courts decision,  the head of the legal team representing Linda and David Orams is confident that ‘nothing new’ has been added and citied that the case was never about David and Linda Orams, but about stopping the economic growth of Northern Cyprus.