Compensation Issues for Turkish Cypriot Properties
October 31, 2024
Turkish Cypriots are continuing to seek compensation through 46 lawsuits against the Custodian of Turkish Cypriot properties. The claims in these cases range from €500,000 to over €2 million. The government feels somewhat secure since the Custodian's authority has been ruled constitutional. However, there remains uncertainty regarding whether the legislation covers expropriations for which lawsuits have been filed.