Leslie Hardy

Leslie Hardy is the UK Chairman of Wellington Estates Ltd, a North Cyprus property development company. Read the full text of this article about Cherie Blair, the Orams case and Cyprus property at  www.wellestates.com

 Articles by this Author

Stress is considered to be the main cause of many medical conditions, including heart problems. At the same time, the nature of stress is multifaceted and difficult to define, and the reasons for its increase are poorly understood.

Stress in the workplace can have a disastrous effect on peoples' health and lead to sickness and absence. It can also seriously disrupt the business and reduce profits.

Property in North Cyprus is relatively low cost and is some 40% cheaper than equivalent property in Southern Cyprus, and around half the price of property in Spain.

The reason for this is the fact that Cyprus is a divided island. The South is referred to as the Republic of Cyprus, and is part of the EU. The South is Greek while the North is Turkish.

Buying a property which is not yet constructed is a popular option in many real estate locations including the USA, Caribbean, the Middle and Far East, and the EU. Terminology may vary from one location to another and include a Pre-construction Project, Off-Plan Purchase or a Stage Payments Purchase.

The basis of the deal is that the property developer, for a variety of legitimate reasons, does not wish to construct properties on a speculative basis and then attempt to find buyers for them.

Cherie Blair, wife of the British Prime Minister, Tony Blair, has become involved in the controversial issue of British ownership of North Cyprus Property.

Linda and David Orams paid around £160,000 for a detached house in Lapta in 2003. A Citizen of the Greek Republic of Cyprus, Mr Meletis Apostolides, claims that he is the rightful owner of the land on which the villa is built.




No popular authors found.
No popular articles found.