Publication

This paper examines the technical apparatus proposed by the fifth and final version of the Annan Plan for resolving the property aspect of the Cyprus Problem in order to examine under what conditions the proposed property regime would be viable. The authors find that despite barriers to international trade, tourism and investment in the north, both incomes per head and property prices already appear to be converging very fast with the south. They also find that property prices would be subject to both negative and positive price pressures if Annan V was implemented.