Thread: Real estate crowd funding

Thanks. Are there any safety mechanisms protecting such investment scheme in Cyprus?

Originally Posted by Medved

Thanks. Are there any safety mechanisms protecting such investment scheme in Cyprus?

Except from the right to go the court in case the owner of the project does not honor the agreement you signed with him, no!
The danger is obvious: not raise the adequate money to complete the building.
In case you arlready gave money ... you should wait. Except if there is a specific schedule with specific deadlines.