home auctioned — A woman has made an urgent appeal to President Nikos Christodoulides after her home was auctioned without warning, leaving her family in distress.
- home auctioned — A woman has made an urgent appeal to President Nikos Christodoulides after her home was auctioned without warning, leaving her family in distress.
- “For us, the day of the Resurrection became a day of crucifixion,” L.S. lamented in an interview with Phileleftheros, reflecting the emotional turmoil her family is enduring.
On Easter Saturday, April 11, 2026, L.S. discovered her Nicosia-area home was up for auction just days away, after prospective buyers arrived to inspect the property. The revelation was a complete shock for L.S. and her daughters, who were unaware of the impending sale. One daughter fainted upon hearing the news, compounded by existing health issues.
“For us, the day of the Resurrection became a day of crucifixion,” L.S. lamented in an interview with Phileleftheros, reflecting the emotional turmoil her family is enduring.
L.S. explained that the family’s troubles began when her estranged husband took out a loan of 160,000 euros to build their home. The financial crisis of 2013 devastated his business, leading to an accumulation of debt that seemed insurmountable due to abusive interest rates ranging from 12% to 17%.
A debt management company later acquired the non-performing loan, freezing her husband’s property portfolio and imposing severe penalty clauses. Despite selling other properties for a total of 514,000 euros, L.S. claims that the debt remained unchanged, leaving them in a precarious position.
The situation escalated when the loan case reached court, resulting in a consent judgment favouring the debt management company. With an auction date set for April 21, L.S. felt compelled to reach out to the President for help.
In her letter to President Christodoulides, she requested a delay, not a cancellation of the debt, enabling her to negotiate directly with the company managing the auction. She has already made an offer of 250,000 euros for the property, which has a starting bid of the same amount due to the high land prices in the area.
L.S. expressed her desperation in her message to the President, stating, “On Easter Saturday, April 11, 2026, to my great surprise, I learned from prospective buyers who came to view the house that the property had already been listed for sale on the website of the property management company. I kindly ask you to intervene so that I am given the opportunity to negotiate directly with the company before April 21, 2026, the deadline for offers, with a view to purchasing the property before it is sold to another interested party. If not, my family and I will have no home to live in.”
L.S. shared her personal history, recalling how her family faced similar challenges since the 1974 invasion, which forced them into difficult circumstances. “I lived in a hostel and only God knows what we went through to get back on our feet, and today, whatever the Turks didn’t take, we risk losing in the free areas,” she said, highlighting the emotional weight of her situation. “I don’t care about myself, but about my children,” she added, revealing the depth of her concern for her family’s future.
