Our team of experts found that most of the criteria was in line with the estate agent’s listing, but one thing was missing – a road.
Our next step was to get in contact with the land registry in Cyprus to request confirmation that the land path exists and that the land is as stated "directly on the beach". The land registry department confirmed our doubts that the land was listed as "close to the beach" and at an overestimated cost.
Therefore, we came to the conclusion that the estate agent exaggerated the price to receive a higher commission. As the final step, we arranged a meeting between the client and his real estate agent to open up the papers. In the end, our client asked us to find a new real estate agent to complete his investment accurately. CPV Corporate saved a client from a 2 million scam.