Auction of 460 square-metre house attracts protestors, no bids

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Auction of 460 square-metre house attracts...
 © CyprusMail 2017
Hellenic Bank was unsuccessful on Friday in selling a foreclosed house in Latsia, a Nicosia suburb, as the auction once more attracted protesters and not a single bid.

Members of the movement against foreclosures and the single parents’ association gathered at the auction venue to protest the bank’s intention to foreclose the residence of a single mother and her underage child, the Cyprus News Agency (CNA) reported.

The house, with a covered area totalling 460 square meters, is the collateral of a €600,000 loan extended to the family in 2010, a source familiar with the matter said...


Auction of 460 square-metre house attracts protestors, no bids


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