Investments in Trozena: Turkish and Israeli Investors Purchase Village
A Hungarian-Israeli investor named Uriel Curtis acquired 94 plots in the abandoned village of Trozena near Limassol, partly for only 1-2 euros per square meter. The rapid investment activity by foreign investors in Cypriot cities and villages is compared by critics to modern colonialism. The areas are divided between Turkish and Israeli investors, raising concerns about foreign control of Cypriot assets.