Reports of intimidation by thugs in Larnaca property market

On October 22, 2026, the Parliamentary Committee on Internal Affairs in Cyprus held a session to discuss concerns regarding foreign investment in real estate. Aristos Damianou, the Committee President, formally alleged that individuals acting as 'thugs' are visiting residential areas, specifically behind the old GSP stadium in Larnaca, to pressure local property owners into selling their homes. These individuals allegedly employ threats and intimidation tactics to force residents to vacate their properties.

During the same session, lawmakers raised questions regarding the lack of transparency in real estate transactions, including allegations of 'secret contracts' within the Land Registry. These concerns highlight potential gaps in the current legal framework, as it remains unclear who the ultimate beneficial owners of certain properties are. Aristos Damianou questioned the feasibility of selling land without proper disclosure of buyer identities.

The committee also discussed legislative proposals, including one put forward by AKEL General Secretary Stefanos Stefanou, aimed at empowering the Director of the Department of Lands and Surveys to reject opaque transactions. While representatives of the Ministry of Interior were present at the session, they did not immediately respond to the allegations, and further scrutiny into the regulatory framework for property sales is expected to continue.