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Donaghy and Beyler Auction

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Bigcheese


Joined: 12/01/2009
Posts: 51

Message Posted:
07/05/2009 20:15

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Message 1 of 49 in Discussion

Is anyone going to the auction on Friday? Seen it advertised in the newspaper and though it was a good idea to try to kick start the market. Looks like there is a good selection of lots for sale.



karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
07/05/2009 20:27

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Message 2 of 49 in Discussion

A bit early for a fire sale, thought we British had more bottle!



Like Corporal Jones used to say "they dont like it up em !"



Dixie Normus


Joined: 22/02/2008
Posts: 820

Message Posted:
08/05/2009 02:41

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Message 3 of 49 in Discussion

Give it another 6 months, reserves seem high better deals with private sellers at the mo. Good to see D&B getting this off the ground may be only way to sell out here soon.



D.N



keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
08/05/2009 03:27

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Message 4 of 49 in Discussion

It'll be interesting to find out if many lots do actually sell and for what final price. They seem to be keen to rush bidders into signing binding documents on the day of the auction,no cooling off period by the looks of it.



This auction may set the guide prices for the future.....



hasan1


Joined: 25/03/2009
Posts: 44

Message Posted:
08/05/2009 05:53

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Message 5 of 49 in Discussion

keithr no cooling off, auctions are auctions all over the world no cooling off



negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
08/05/2009 08:10

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Message 6 of 49 in Discussion

Beware of auctioneers "trotting" bids up and spurious "buyers" creating artificial interest....



With the Orams thingy looming, you wouldn't would you ?







Nick



keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
08/05/2009 08:31

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Message 7 of 49 in Discussion

Absolutely Hasan.



NN. I'm sure there'll be loads of "helpers" there from the vested interests brigade. I'm going to see if I can spot them,should be a good days sport.



Anyone else going along for the cabaret ???



Geejay


Joined: 18/04/2009
Posts: 475

Message Posted:
08/05/2009 10:36

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Message 8 of 49 in Discussion

A word of warning..Steve Donaghy's company, Donaghy & Heath Developments Ltd. have failed to honour their contractual obligations to me and others. They have refused to provide mains electricity and infrastructure on my site unless further no contractual payments are made. They also have not provided de-snagging or aftersales service.

My personal experience would lead me to have no further dealings with this person or any associated companies. This matter was the subject of an article in the Cyprus Star last year which was not responded to by Donaghy & Beyler.



Storm



Joined: 03/03/2009
Posts: 240

Message Posted:
08/05/2009 14:24

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Message 9 of 49 in Discussion

Dixie Normus?!!! How'd you get away with a name like that - oh perleese!!!



TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
08/05/2009 14:29

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Message 10 of 49 in Discussion

There are enough problems as it is!

auctioned property?

I am a gambler but not that much of a gambler.



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
08/05/2009 14:30

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Message 11 of 49 in Discussion

going...going...let's get outa here



keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
08/05/2009 14:50

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Message 12 of 49 in Discussion

Maybe they'll do BOGOF deals towards the end of the auction....



2 compensations for the price of one....



cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
08/05/2009 14:56

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Message 13 of 49 in Discussion

If anyone goes , it would be interesting to get feedback on the sort of prices stuff is fetching.



Ask them if they'll take a 1000TL deposit pending receipt of PTP !

After all , it's only a formality and shouldn't take long.



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
08/05/2009 15:03

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Message 14 of 49 in Discussion

I think only one of the properties for auction is Turkish title. Will be very interested to know what happens.



cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
08/05/2009 15:05

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Message 15 of 49 in Discussion

Hi Martin.....do you think that the proximity to military bases will feature heavily in the sales blurb ?



ROBIN HOOD


Joined: 26/05/2008
Posts: 238

Message Posted:
08/05/2009 15:31

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Message 16 of 49 in Discussion

What's the advice? If you don't have a PTP then don't part with your money. Make a bid by all means, but make it dependant with getting a PTP for the property and part with your cash when you get the title. If the seller doesn't like the idea.... Then the deal is "fishy" , or if not the get the seller to change the system.



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
08/05/2009 15:35

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Message 17 of 49 in Discussion

"Make a bid by all means, but make it dependant with getting a PTP for the property and part with your cash when you get the title. If the seller doesn't like the idea...."



I don't think auctions work that way. If you make a bid you are bound by their conditions which I presume you sign before being allowed to take part.



Meanwhile the 40,000 Turkish soldiers are taking part in the annual camouflage exercise so you can't see them anywhere near any of the properties being auctioned



dozza67


Joined: 11/07/2008
Posts: 607

Message Posted:
08/05/2009 17:53

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Message 18 of 49 in Discussion

I hadn't noticed Dixie Normas name until Storm but had to laugh when it registered.



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
08/05/2009 21:04

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Message 19 of 49 in Discussion

Come on people, what happened?



The-Wicks


Joined: 27/05/2007
Posts: 2279

Message Posted:
08/05/2009 21:07

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Message 20 of 49 in Discussion

Message 20 - yeah - surely some of us must have snapped up a few bargains by now!!!



J



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
08/05/2009 21:40

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Message 21 of 49 in Discussion

Not still bidding on lot 1 do you think?



Sideways



Joined: 21/01/2009
Posts: 529

Message Posted:
08/05/2009 22:30

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Message 22 of 49 in Discussion

It's on Friday 15th, not today.



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
08/05/2009 22:41

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Message 23 of 49 in Discussion

Ah, the excitement was getting to me there. I shall wait with bated breath.



keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
10/05/2009 22:38

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Message 24 of 49 in Discussion

Does anyone know what is to be sold at the auction on the 15th?

Is it a house only, or are there contents etc up for sale?

I heard that the sale is going to be held at the Malpas, is this correct?

Sorry for all the questions!



Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
10/05/2009 23:02

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Message 25 of 49 in Discussion

Hi all its all listed in this weeks C today. Im told the last auction by Ian Fraser had so much interest and sold everything xxxxxxxx



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
10/05/2009 23:28

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Message 26 of 49 in Discussion

I think the last auction you refer to was the pre 74 english title villa and all contents. Villa sold for 195k. It was a lovely property. I also think it was the first property auction in NC.



keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
11/05/2009 13:06

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Message 27 of 49 in Discussion

Thanks Liz,

I must pop out and get a CT before they all disappear - bloody British keep buying them all...

Did you spot me on Thursday night? I was with the crowd that came in quite late with Stacey - I was the one in the snazzy blue shirt!

Keith

xxx



Moomin


Joined: 04/12/2008
Posts: 19

Message Posted:
11/05/2009 13:25

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Message 28 of 49 in Discussion

I think its a bit naughty to do this when there are so many bods out there who cant afford to let their property be auctioned off. They have to sit and wait while D&B pump all their energy into this. I would imagine most of their current vendors fall into that category and are probably wondering what chance they now stand. Its hard enough as it is to sell but you can bet your bum D&B are steering people towards properties in the auction rather than the properties that aint.



johnty


Joined: 03/06/2008
Posts: 257

Message Posted:
11/05/2009 14:01

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Message 29 of 49 in Discussion

I am a renter having been lucky enough to sell my property. Why dont people you want to sell their properties rent them out long term there is very little choice out there when you want to rent



Moomin


Joined: 04/12/2008
Posts: 19

Message Posted:
11/05/2009 14:43

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Message 30 of 49 in Discussion

Renting out is not a viable option for some people. If you are lukcy enough to be in a position to have more than one property (one for yourslef and one to rent out) then ok, but I think most people need to get their money and move on.



coolpools888


Joined: 13/05/2009
Posts: 3

Message Posted:
14/05/2009 11:17

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Message 31 of 49 in Discussion

Hi just noticed one of the properties being auctioned is on marina villas,People should be aware there is no sign of this development ever been finished.This development is under the ownership of DH DEVELOPMENTS LTD(STEVE DONAGHY + WAYNE HEATH)STEVE DONAGHY is married to HAYAT BEYLER OF DONAGHY AND BEYLER ESTATE AGENTS.This would not be a good investment caveat emptor.



rtddci


Joined: 29/12/2007
Posts: 842

Message Posted:
14/05/2009 23:14

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Message 32 of 49 in Discussion

The plot thickens as they say...



SAFFI


Joined: 01/07/2008
Posts: 342

Message Posted:
15/05/2009 00:47

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Message 33 of 49 in Discussion

www.donaghyandbeyler.com



I think the properties for auction are listed on their website.



Mr Vince


Joined: 24/07/2008
Posts: 696

Message Posted:
15/05/2009 16:43

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Message 34 of 49 in Discussion

I went to this auction this morning. They sold a plot of land. Most of the lots did not even raise an initial bid. Plenty of people in attendance but very few buyers.

Prior to the sale, a 10 minute break was arrainged for after lot 15. Unfortunately the break came after only 20 minutes of selling. Auction over within the hour. I doubt if the commission on the sale covered the cost of coffee and cake.



Plan B now being looked into.



keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
15/05/2009 17:00

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Message 35 of 49 in Discussion

My friends went and only one property sold ,all others were under the lower estimate. Time for sellers to get real methinks ???



zerochlor


Joined: 03/04/2009
Posts: 4024

Message Posted:
15/05/2009 18:03

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Message 36 of 49 in Discussion

isnt buying here on the island just like a auction anyway?



you buy and take ur chance, i dont think many of us believe the speil that some of the agents come out with.



i think the auction idea will be put on the back burner and they will revert back to plan A!!



who knows what plan A was or is ?



keithr


Joined: 20/08/2008
Posts: 720

Message Posted:
15/05/2009 18:52

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Message 37 of 49 in Discussion

Plan A is realism,as in Europe and GB,prices are falling,why should here be different ??? Most of the money is from the GB anyway....



Let's see how the 55k 1 bed flats fare.....



cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
15/05/2009 19:11

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Message 38 of 49 in Discussion

Keith....I would imagine the 55K 1 bed flats will fare the same as the 120K 1 bed apartments in the UK (which now struggle to reach 95K ! )



fire starter


Joined: 19/06/2008
Posts: 3401

Message Posted:
15/05/2009 19:27

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Message 39 of 49 in Discussion

i was back in the uk last week, anything for sale in a good area is still making its money.



pinkchilli


Joined: 30/11/2008
Posts: 689

Message Posted:
15/05/2009 19:41

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Message 40 of 49 in Discussion

Mr Vince.



I believe the 350 plus KDV cost of putting your lot in the auction, will have ensured a nice profit for D & B.



cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
15/05/2009 19:43

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Message 41 of 49 in Discussion

That goes against everything else I've heard or read on the subject firestarter !

Are you an estate agent?.....only joking.



Our house was valued at 485K 18 months ago.....we would have to pitch it at 399K to get a sale now.



sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
15/05/2009 20:04

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Message 42 of 49 in Discussion

pinkchilli ya takes yer choice - did they have a gun at owners heads to do it come on please ! you enter an agreement if you don't want to run with the costs involved yer don't do it!!!!



pinkchilli


Joined: 30/11/2008
Posts: 689

Message Posted:
15/05/2009 22:08

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Message 43 of 49 in Discussion

sienna



To answer your question, of course they did not have a gun at owners heads!



I suspect, most of the lots entered, were not from the "owners" as we understand the word.



I never made a derogatory comment about the cost of entering a lot, so why the attitude?



Some sellers may be in a very desperate situation and therefore, they may have felt they must pay what is asked, otherwise they may have missed the boat. Many prospective sellers may have waited for the outcome of this auction before "risking" the costs.



How many more auctions do you think that there will be? Auctions thrive on matching buyers with sellers at the same time at the right price. Too many sellers and not enough buyers = very few/no sellers next time.



Have a nice evening.



sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
15/05/2009 22:14

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Message 44 of 49 in Discussion

quote >>>I believe the 350 plus KDV cost of putting your lot in the auction, will have ensured a nice profit for D & B<<< unquote



Read what you put no attitude from me - BUT if you make comments like above expect a response! which ever way you enter the auction buyer or seller that is up to them



Have a nice eveining too



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
15/05/2009 23:38

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Message 45 of 49 in Discussion

Been trying to sell a 1 bed flat in south east london, last year it was on for 170k................Now its 115k.......still no interest.



Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
16/05/2009 00:06

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Message 46 of 49 in Discussion

i have now susses siena its julie i beleive my sixth sence has kicked in. anuybody want a reading x. Pink dont get involved my love xxxx



sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
16/05/2009 08:32

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Message 47 of 49 in Discussion

Nope never heard of Julie your sixth sense is wrong lilli dont know anythign about pink or you lilli either - sorry have no idea what you are on about.



Only expressing my feelings if it doesnt fit sorry about that alternative opinions is what forums are about - you stick your chin out then expect it to get slapped as they say !



have a good day



Danatnorth


Joined: 25/04/2009
Posts: 105

Message Posted:
20/05/2009 14:44

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Message 48 of 49 in Discussion

Does anyone know why there was absolutely no interest in the property/land auction at the Malpas hotel last week? There were plenty of people with bidding paddles but no bids,i thought there would be a few sales as the prices were'nt too bad and some of the land had turkish deeds!! is everyone really that short of cash at the moment! Most of the people there were ex pats that left the uk when property had hit an all time high so there must be plenty of money floating about at the moment.

Oh and before i forget to mention, i had a great time over there last week! the weather was spot on, the efes went down well, the Ravine restaurant is still serving up a great food and who ever recommended Erols restaurant big thanks the lamb chops were GREAT!!!!!

Dan.



pilgrim



Joined: 11/05/2007
Posts: 1404

Message Posted:
20/05/2009 15:24

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Message 49 of 49 in Discussion

I bid , but didn't win



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