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Monday, March 2, 2026
B1 Intermediate ⚡ Cached
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Cyprus Investigates Management of Turkish Cypriot Properties

The Cyprus government has started a big investigation. It is about how Turkish Cypriot properties are managed. These properties have been under state control since 1974. Officials recently took important files. This shows they want to fix problems with how these valuable properties are managed. These properties are worth a lot of money. They were meant for Greek Cypriot refugees who lost their homes.

However, there are signs of problems. For many years, the allocation and control of these properties may not have been fair. This has reportedly caused big money losses. It also did not help the people who needed homes. The Interior Ministry and the Guardian of Turkish Cypriot Properties are now looking closely at these issues. They want to make things right.

Last Wednesday, officials took specific case files. They took them from the office in Paphos. These documents will be checked carefully. Many people complained to the legal guardian and the ministry. They gave information about possible unfairness with these properties.

The Interior Minister, Constantinos Ioannou, promised to stop "abuses and exploitation." He gave an example of a building worth €4 million. It was rented for only €30 per month. This is a very low rent. The actual rent should be €6,000 per month. This shows there are many problems. These include not reporting all money from rent. Also, some people rent out properties they are not allowed to.

The House refugee committee is also questioning how properties are given out. An MP, Nikos Kettiros, wants to change the rules. He thinks properties should go to people who really need homes. He said the old way sometimes gave properties to richer people. The Audit Office is also checking the money management.

Police are also investigating. They are looking into claims about a suspended official. The government wants to make the rules for these properties clearer. They want more openness. They also want to make sure properties are given fairly. The goal is to get more rent money. This money will help displaced people.

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