As a result, certain builders could not keep up with the demand and thus its requirements for high quality and deliveries on time.
This is a typical case that has been experienced by many countries including Spain and Portugal at the time of the initial wave of demand. It is said that the above countries needed between 5 to 8 years to get rid of those 'bad apples'
However, the Government of North Cyprus is stepping in, a first for any Mediterranean Country, to resolve problems faced by foreign investors. This is a very important step as disputed cases would be arbitrated in front of an independent committee formed of independent government officials and the head of The Turkish Cypriot Estate Agents' Association.
Currently there are 25 cases referred to this committee of which the initial two cases are reported to being resolved.
Golden Estate Agents.
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