Israelis Buying Greek-Cypriots Property on Turkish-Occupied Side

Property seized during Turkey’s invasion of the northern third of Cyprus in 1974 are reportedly being sold mostly to Israelis, much of it agricultural land in the Karpas peninsula.

The Cypriot newspaper and news site Philenews said that was reported by the Turkish-Cypriot daily Halkin Sesi, with 2,672 permits to purchase real estate given to Israelis

Turkish Cypriot press reports say the vast majority of last year’s total of 2,672 “permits” to purchase real estate in the Turkish-held breakaway northern Cyprus were given to Israelis.

Israel has an embassy in the divided island’s government-controlled areas and is aware of the position of the Greek-Cypriot government – that’s a member of the European Union – about property on the occupied side, the Cypriot news site said.


Halkin Sesi said that some 2,000 companies in the north have Israeli shareholders and that through the that Israelis bought around 25,000 acres of land in the breakaway area that remains alone.

In return, the Israelis were given “citizenship” in a rogue self-declared republic no other country in the world apart from Turkey recognizes and remains isolated in the international community with no legal standing.



NICOSIA - The failure of a development company to renew a letter of guarantee has halted a planned €1.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Building Explosion Kills Bank Employee, Injures 7 Others in Youngstown, Ohio

YOUNGSTOWN, Ohio (AP) — A massive explosion blew out much of the ground floor of an apartment building, killing a bank employee and injuring several other people.

ATHENS - Turbulence in world markets isn’t being felt in Greece, where the economy is accelerating, and another record tourism year looms, with foreign investors - led by luxury resorts and hotels - lining up to cash in.

ATHENS - You wouldn’t know it by the number of international firms, including major Information Technology companies already in the country or wanting to gain a foothold, but Greece has been rated the most vexing country in the world for businesses.

GENEVA (AP) — A tournament co-hosting bid by Albania and Serbia is an unlikely project in European soccer and politics.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.