would you still buy in north cyprus

mark64uk


Joined: 03/12/2008
Posts: 67

Message Posted:
06/02/2010 15:49

would you still buy in the north despite whats happend to the orams

brandysour


Joined: 14/04/2008
Posts: 29

Message Posted:
06/02/2010 16:01

I dont know really we had a bad time with our apartment any way so if we could turn back the years i would say no because of our own bad experience and wish we had not set foot on the island and invested some where else and not had the stress of it all.

fazo1


Joined: 23/08/2008
Posts: 406

Message Posted:
06/02/2010 17:13

i dont think the oram case is the problem its the builders and goverment there is nothink in place to help people who do have problems in my case developer ran of with all ower monies

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
06/02/2010 17:47

I agree with fazo1, the risks from an Orams type case are nothing compared to the risks related to having to pay the whole amount for a property without having the deeds in your name. If the PTP/deeds problem was removed then mortgages on your property and builders running off with your money would radically reduce. Mind you, I bought land first and waited until I had the title deeds before building and then found out that I had not been sold what the builder's "Tapu-Man" told me I'd bought. Well, it is the Middle East isn't it.

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
06/02/2010 17:52

Knowing what we all now know it would be super if anyone interested in buying property in North Cyprus would:

- only buy Pre-74 Deeded properties which were checked out or newly built property on pre-74 checked out Deeded lands.

- not buy off-plan

- only buy ready built property without mortgages held against them (or set in contracts that the mortgages will be cleared before builder/developer gets any remaining monies!)

- not pay any upfront monies

- ensure that whoever the developer of an ongoing project is, has a Bank Guarantee in place to assure the Government and everyone interested in buying ready built property that the whole project will be finished.



If all stuck to something like this, it would eventually force the current situation to change. I for one will only be renting long term until i find the right property which ticks all the boxes on Pre-74 Deeded property.



North Cyprus is a lovely place to live - long live the North!!!

Corbo



Joined: 13/09/2009
Posts: 627

Message Posted:
06/02/2010 17:56

I would buy but then I have no UK assets. My Dad paid for a property to be built in Kyrenia from a Greek Cypriot builder in 1970. The builder ran off to Australia with the money. Nothing changes. There are inherent risks from all sources everywhere I guess. He did get most of the money back eventually but never got another house here. Must have been cheap at that time. Not very lucky with property my Dad.

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
06/02/2010 18:10

i'm sure most of us were warned by family and friends not to buy because of the land issue, but spured on by low property prices, estate agents that assured us that the TRNC Gov't would "guarantee" the deeds and the belief that it was like the south only "unspoilt" - we jumped in feet first....



Would i buy again ? - what do you think ??

stilluvithere



Joined: 03/12/2008
Posts: 765

Message Posted:
06/02/2010 18:12

yes I would buy again. I see on tv and the news that buyers aren't any better off in France, Spain, Bulgaria etc etc, so for me better the devil I know.

matula


Joined: 07/07/2008
Posts: 647

Message Posted:
06/02/2010 18:28

Not a chance!

sienna


Joined: 09/01/2009
Posts: 1627

Message Posted:
06/02/2010 18:37

its not just about the land issue though is it - its about the builders that dont finish off what they are supposed to its about the Mangement Companies that think they own the place and can do what the hell they like and have no respect whatsoever for owners (luckily now not in that position), I could go on - North Cypurs is a lovely place but it needs to get its act together !! In many ways .

nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
06/02/2010 18:42

Yes I would buy again I still think this is the best place to live. I do feel empathise with the people who have had builder problems and thank goodness we had none. Maybe if we hadn't been so lucky I might think differently.



Chris

scruff


Joined: 15/07/2008
Posts: 1070

Message Posted:
06/02/2010 18:51

No.

Nothing to do with the Orams but I would never buy here again, I would stay here & rent.

Buying here once is surely enough for anyone?

stockiefan


Joined: 04/05/2009
Posts: 574

Message Posted:
06/02/2010 18:53

Not a hope in hell!!

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
06/02/2010 22:23

No I wouldn't buy again n North Cyprus. Not until the whole system and legal system changes. As for only buying pre 74 Turkish title, I did that and was then refused Permission to Purchase!

nilmoney


Joined: 29/12/2008
Posts: 122

Message Posted:
06/02/2010 22:37

Just to reiterate what people have said its not the orams case that puts one off its whole the package legal system,

Builders, banks, Its just not safe to do so



likewise Love the place would I buy NO just rent

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
06/02/2010 22:39

stiluvithere message 8.



Cant speak for Spain, but as I have a property in France I am confused as to how you can say the buying process is anything like that in NC.

In France property purchase is taken very seriously ,so much so that the Notary is independant of both seller and purchaser ,though its advisable to employ a UK solicitor .He represents the state in ensuring all laws are complied with and under takes property searches.

When he is satisfied, then both sides complete the sale, and he signs the documentation that enables deed transfer,until deeds are transferred you have a provisional guarantee from the Govt that you are the owner.



It would be a brave developer who would try and remortgage property he had just sold,

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
06/02/2010 22:52

Walkerscott,

Please do more homework. You will never get PTP on Pre 74 Turkish Title Deed. Why waste your money? No estate agent or advocate will tell you this but all that have purchased since 2006 will confirm it is what they have experienced

Pre 74 now is refused on the grounds that it is "restricted land". No longer is the excuse that it is near military bases applicable as most buyers can refute this and provide evidence of the inaccuracy of this reason for refusal.

We now have this very vague reason for refusal. Contact HBPG for more information. Please don't buy a property that you will never own. Its just as risky as buying exchange.

Interestingly only one person has so far admitted that they would buy again in the TRNC and their reason sited was that they have had no problems with builders.Why might I ask have they not taken into consideration that their property might be at risk and that it is possible that they might end up in the same situation as the Orams?.

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
06/02/2010 22:59

Bradus you are wrong my advocate advised me in jan 2009 that I would not get PTP for Pre 74 Turkish Title as always you are all too quick to be judgemental and critical.

mark64uk


Joined: 03/12/2008
Posts: 67

Message Posted:
06/02/2010 23:16

thank you all for your advise i wont be buying

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
06/02/2010 23:24

No

wynyardman

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
06/02/2010 23:29

Sorry Saints, but if I am judgmental and critical it is because I speak as I find and it is based on experience and the conviction that I would not wish anyone else to go through the misery of being refused PTP when you have paid in full because your advocate, estate agent and forum members convinced you it is a rumour and thta it was only those that had purchased near military bases were affected..



You are lucky to have met an advocate that admitted that this is the truth with regards to this title deed. A visit to the HBPG would show you that this is not typical.

Ailletoo


Joined: 24/01/2009
Posts: 1003

Message Posted:
06/02/2010 23:33

YES! I did my homework.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/02/2010 10:28

Walkerscott/Msg 5:



Why on earth would you buy pre '74 Turkish Title when you know, as a foreigner, your PTP will be refused and, consequently, you can never have a 'Kocan' in your name, plus the fact that you're practically limited to selling it on only to a Turkish Cypriot?



Are you willing to risk believing any advocate, or estate agent, who tells you: 'PTP is a mere formality!'?

daffodils


Joined: 11/11/2008
Posts: 184

Message Posted:
07/02/2010 11:06

Just a thought about putting people off buying in North Cyprus. Surely, everybody who says they would rent because NC is a lovely place to live, has to be grateful to the brave people that did buy here, otherwise no properties for them to rent, rental properties will become in short supply. Perhaps,thinking about that it may be a good thing.... then perhaps also rental prices will go up to a more realistic figure, thus giving the brave or stupid whichever way you look at it a good return for their investment. We have had many issues with our builder and still have, but I for one still believe that property will do well here eventually. (my husband doesn't, he will give you a big fat NO if asked the question but then he is a pessimist!!!)

flossie44


Joined: 05/03/2009
Posts: 223

Message Posted:
07/02/2010 11:37

Definitely no, as there are too many issues. Love the house but not all the problems ie no deeds."Still love it there", as you know we have a place in Tenerife and have had no problems whatsoever on the legal side. The solicitor did everything he should and we could not fault the Estate Agents who helped us every step of the way. In Cyprus we had to sort everything ourselves, very difficult when you do not know the system and it is for ever changing.



flossie

beejay


Joined: 21/03/2008
Posts: 68

Message Posted:
07/02/2010 11:39

If only all the promises that were made to us when we bought in 2007 had been fulfilled

that would have been different. It was yes then but a resounding NO now.

How we wish we were not so impetuous, We should have rented not bought.

But we still feel this is a special place to live

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/02/2010 12:00

If one rents only as short term 'holiday lets' to Brits, one is maybe OK - but renting to Turks or locals has proved to be an expensive 'disaster' for so many hopeful investors, due to the lax rental law prevailing in TRNC.



How many 'landlords' have been left with horrendous utility bills and suffered extreme damage, or theft - all with no hope of any redress, or compensation?



Personally, I wouldn't feel safe renting the garden shed!

stockiefan


Joined: 04/05/2009
Posts: 574

Message Posted:
07/02/2010 12:46

Beejay, you thought you were impetuous, we bought three, how stupid was that!!!

tonyhickey



Joined: 13/06/2007
Posts: 413

Message Posted:
07/02/2010 13:08

Yes i would have to say . We did our home work to, and the only reason we bought was for a holiday home for ourselves in the sun . We did not think there was to much hope for rental income or large capital gains in the north of the island at present. Should circumstances change it would be a bonus

Tony

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
07/02/2010 13:43

Yes positives out weigh the negatives at present............

TopTen


Joined: 15/04/2009
Posts: 1246

Message Posted:
07/02/2010 16:06

There may be problems here but we would still sooner be here than in UK where only the criminals have rights now. So it's a YES

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
07/02/2010 16:17

Yes i most certainly would,

Paul.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/02/2010 17:06

newlad/Msg 32:



Would you be good enough to explain to all potential buyers quite why 'Yes i most certainly would...'

LostFound


Joined: 03/08/2009
Posts: 387

Message Posted:
07/02/2010 17:21

No I would just rent.

By the way am I right that the Tapu (Land Registry) no longer show on the Title Deed whether its Turkish title anyway.

laptagal


Joined: 28/05/2008
Posts: 549

Message Posted:
07/02/2010 18:08

Yes, my mantra has always been that I would rather have done so and regret it than not and forever think 'what if'......

No one knows what the future holds and for me, owning our lovely home in a beautiful country - even if not for ever - is a dream come true.

Blackbird



Joined: 11/08/2009
Posts: 1432

Message Posted:
07/02/2010 20:23

Absolutey not..I feel for the Orams

sylvie


Joined: 12/03/2008
Posts: 1081

Message Posted:
07/02/2010 21:36

girne 29



you are absolutly correct about legislation concerning properties - the legal system is sure and very simple -

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
07/02/2010 22:17

Mess 33,

Due to the fact that i am very optimistic about the future,

Paul.

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
07/02/2010 23:01

I am with you Paul....... storm in a tea cup.

sporty


Joined: 06/12/2007
Posts: 685

Message Posted:
07/02/2010 23:17

me too Paul.

andy-f


Joined: 03/05/2009
Posts: 1256

Message Posted:
07/02/2010 23:42

me and susan and our fifteen year old daughter love it , cant wait till may our next visit . as steve said " storm in a tea cup "



SO UP YOURS GCs doom mungers

Johnatcastle


Joined: 23/07/2009
Posts: 163

Message Posted:
08/02/2010 01:21

No, but not just because of the Orams!

judgejolly


Joined: 05/07/2008
Posts: 25

Message Posted:
08/02/2010 01:34

No. Not a chance. No structure here. There is no way you can follow any procedures to make sure your investment is watertight. Beautiful island, the way of life is very easy to slip into, but at the end of the day you don't have any peace of mind re property entitlement. Will always come here for my holidays but thats it !!

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
08/02/2010 02:22

It is frustrating but when you get past the hassle and get a completion hand over and deeds then things do get better. You start to rethink , stop lining incompetent solicitors pockets, do things for yourself such as chase up PTB,do your own stamp duty, deeds , utilities in your own name, formalities etc do this and you save a fortune and have the satisfaction that they have been done correct . fight tooth and nail not to be walked over by unscroupulas management companiesIif owning on a complex (YES IT CAN BE DONE )

Do all of this and you start to see the light .

We now have positive vibes like the Orams re the gov't are supporting them in a very positive way and we have been given an assurance that we will be looked after in a positive way by reports in the papers .

As we all def contribute to the TRNC economy we would be very sadly missed if we all stopped buying here . So yes know what I know now I would buy again no probs !!!!

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
08/02/2010 08:11

Pipie



I admire your optimism.



"We now have positive vibes like the Orams re the gov't are supporting them in a very positive way and we have been given an assurance that we will be looked after in a positive way by reports in the papers."



How many assurances have the govt given ? - I have lost count. How many have they delivered on ?? - None. Their support for the Orams is due to the political hot potato that the case became - please don't expect them to do the same for everyone. If the govt was dedicated to sorting out the property mess, they would have passed tough legislation on rogue builders/advocates years ago. They have allowed the situation to develop to a point where only the bravest/most foolish would dream of buying here. The amount of grey concrete skeletons littering the countryside is testament to this.



I am sorry, but unless things change drastically then the situation is not going to get any better.



Paul

Lazy days


Joined: 24/07/2008
Posts: 847

Message Posted:
08/02/2010 11:28

Lets all wait another 12 months then lets all see which hymn sheet peeps are singing from, i think there will be some surprising turn ups, it will be interesting, but for my family having owned in Turkey, Spain (trespasso) America, Ireland & UK it is still a maybe.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/02/2010 11:43

If i had some spare cash swilling about i would by a plot today,

Paul.

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
08/02/2010 11:59

friendship Paul.



Good post thank you .



Yes we must take a step at a time here .



The gov't said they would look after foreign buyers !!!!



the gov't are supprting the Orams the villa has not been demolished . (gov't have stepped )



All other buyers up to now to my knowledge have not been taken taken to UK courts ( If this happens and we can only speculate, then we will know if the TRNC gov't will continue to step in and support those buyers who have purchased in TRNC )



I would be utterly shocked if TRNC allowed anyone to bulldoze any building . If the gov't continue to step in and prevent any refuse any demolishment applications.



I have comfort knowing the army are in place in North cyprus to help not let this happen .



Re the present state of rogue/builders/advocates yes I agree these are still on the loose, but let us see if something will be put in place to prevent these and others from ripping off buyers . con't

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
08/02/2010 12:05

But we also have to remember that any future buyers now have the knowledge and can drawer from our experiences (Both good and bad ) they can then choose a more sensible way to protect and ensure all is in place before they embark on buying.

Beleive it or beleive it not, some are still buying !!!

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
08/02/2010 12:07

I also love the place but the shine is taken off by the methods and attitudes taken by the builders and developers.

The Orams case does not concern us too much although it is of importance, maybe moreso if we had bought an old Cypriot house instead of a new one.

When you buy a new house i feel you should not be fobbed off and ignored under warranty issues and have to fork out a further 7 grand for repairs, any legal recourse appears to be a no-no.

Everyone says think yourself lucky you have at least got a house!

Given the chance now i would have bought elsewhere and been happy to have a better quality property albeit a smaller one that we could relax and enjoy, probably get to easier, have a few rentals and more security.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/02/2010 12:19

I suppose we where one of the lucky few by having excellent developers and builders,

Paul.

Tesoro


Joined: 08/12/2009
Posts: 30

Message Posted:
08/02/2010 12:37

Paul

who are they?

I'm one of those crazy persons who is still interested in buying.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
08/02/2010 12:44

I'm pleased for you, Paul, that you are one of the 'lucky few' - but I think most people know that it's like diving your hand into a 'Lucky Dip' barrel!

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
08/02/2010 12:58

Pipie



For those who have a completed property and don't own anything else in the EU, then their investment is safe. However, if you are looking to buy a home here AND keep a home in the UK/EU, then you have to seriously think twice about making that commitment. The Orams case may well turn out to be a one-off that was brought to make a political point and I really hope that the government will get to grips with the situation.

However, forgive me if I don't hold my breath.



Paul

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/02/2010 13:14

Kathy,

Mess 52 mail me off board,

Paul.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/02/2010 13:21

Tenak,

Its all about reasearch,taking your time and not diving in.Some people have actually bought without even stepping their feet on the island.Which is a definite no,no.I spent over two years researching and visited the North on several ocassions before taking the plunge.I actually knew someone who had previously bought with our developers,so knew what the standard was.I suppose the best advice would be to shop around.After all it is a buyers market,and will be for some time to come,

Regards,

Paul.

Cyprusquest


Joined: 09/12/2008
Posts: 428

Message Posted:
08/02/2010 13:23

Kathy - Tesoro



Msg 52 not crazy - but you have to think about what you are doing. Which is something everyone needs to and needed to do anyway. You never know it could be a good investment and socaily a good move too.

jakki



Joined: 23/10/2007
Posts: 865

Message Posted:
08/02/2010 13:26

Our friends bought an apartment in the south a few years ago now. They are still waiting for their title deeds. They are as nervous as any foreigner buying abroad.

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
08/02/2010 13:39

friendishpaul

There are ways around protecting ones assets in the EU . I believe this has to be seeked out by each individual to suit there affairs .



(Maybe Lazy days can shine a light here after all lazy days has purchased property in and around Europe maybe lazy days could give out tips etc on protecting assets pro's and con's of buying etc etc .this would be very interesting )





Yes I agree all have to think more than twice about making a commitment to buy here in TRNC ones own decision .



We could ask those who are buying in the TRNC , but in all fairness these are probably the ones who are one step ahead, and one of the steps would be stop and think !!! not to advertise the fact that you are a purchaser taking steps by keeping cards to ones chest another way of preventing any info getting into the wrong hands so to speak . Loose lips sink ships come's to mind .

Off now for some retail therapy have a good day everyone !!!

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
08/02/2010 14:22

Personally we wouldn't buy until the laws and practices are changed to protect buyers. Because transfer of title doesn't take place at the same time as purchase, buyers are in an extremely vulnerable position, and this leads to other problems, such as developers not completing sites and infrastructure etc.

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
08/02/2010 14:24

We purchased an apartment at Seaterra Reserve and they breached our contract (and many others) by taking out a £2 mil mortgage on the site. They breached it further by refusing to return our funds, and now we are involved in a lengthy, costly court battle going on with them taking full advantage of delay tactics that they use. The last court appearance, the directors didn't turn up and Seaterra used the excuse that one of them has just had a baby, so apparently that meant both of them couldn't turn up! The previous court appearance, neither of them turned up! And so it goes on.

kibrissibel


Joined: 18/02/2008
Posts: 562

Message Posted:
08/02/2010 14:26

The government are well aware of the problems and what changes they need to make to protect buyers, but no positive changes have been made. If there is no investment it is detrimental to the TRNC's economy and prosperity for ALL residents.



If the laws change to fully protect buyers then we would reconisder investing again.

dojo1


Joined: 18/11/2009
Posts: 52

Message Posted:
08/02/2010 14:40

Yes I would...

yacht56


Joined: 23/03/2009
Posts: 25

Message Posted:
08/02/2010 16:44

i would buy more my villa is not new build had no problems my solicitor was very good.

mark64uk


Joined: 03/12/2008
Posts: 67

Message Posted:
08/02/2010 18:45

thank u all for your advise and for those who are having problems i hope thet get resolved soon

decanddyl


Joined: 17/01/2009
Posts: 792

Message Posted:
08/02/2010 19:06

NO no no

We would rent

Lazy days


Joined: 24/07/2008
Posts: 847

Message Posted:
09/02/2010 10:22

Hello peeps

Do people really find it necessary to type someones name 3 times in one sentence (mess 59) when they are making a point, it is noticable it only happens when it is directed at meand only by pipie.

I will gladly give the benefits of our family's experiences to any body on this or other boards, & Paul your mess 56 is very good advice.



but why oh why do you pipie keep on posting as if you live in the TRNC

"making a commitment to buy here in the TRNC"

taken from your own post 59,

You do not now and never have resided in the TRNC, now please do not jump in every time I post something trying to be smart, my family do not need to score cheap points, as we HAVE been there and HAVE done it - have you ??

Any body who believes everything that is written in the papers must be either of limited intelligence or living on cloud cuckoo land.

We await

BillyB


Joined: 19/05/2008
Posts: 436

Message Posted:
09/02/2010 11:49

Without a doubt I would buy in the TRNC if many of the dishonest developers, lawyers and estate agents gave £100k cash incentives.

Anyway it looks like this thread is about to become incredibly boring by being taken over once again by the "PIPIE AND LAZY DAYS SHOW".

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
09/02/2010 12:03

Ey up Billy,

All entitled to an opinion matey,

Paul.

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
09/02/2010 12:33

Stockiefan message 28. Serves you right for being so greedy,you obviously were buying for speculation and got your fingers burnt.Good. Yes,I would buy again but do like Newlad,research,research.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
09/02/2010 13:40

Ossie

Are you not being a bit unfair. Why is it"good" that Stockiefan got his fingers burnt . Ok he took a risk and didnt work out but I dont see that he deserved it. You sound like a GC, talking about carpet baggers etc.

Would it not have been good for the property market if Stockiefans investments had shown a nice return.Him and people like him should be encouraged to invest in NC.

People buy a holiday home for holidays and as an investment,why should they deserve to lose it?.Why is investment a dirty word?Why greed? my pension fund invests in property,maybe thats his pension investment

We know property values have fallen , so we get solace in saying we never wanted values to go up anyway because we bought to live here.Anyone that bought and didnt know it would lose value is stupid.Everyone knew about the remortgaging, and other failures in the system.

Dont remember all the experts and 2002-07.Now 2008-10 everybody is wise,and coming out of the woodwork

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
09/02/2010 13:58

To Stockiefan and Girne 29. Yes,perhaps I was being a bit unfair but to buy 3 properties when expats are only supposedly able to buy 1 property suggests to me some skullduggery or wheeler dealing with other parties.Of course investment isn't a dirty word, its what makes the world go round.I didn't buy to speculate so anybody who did and lost out as far as I'm concerned tough,if it had gone the other way I'd say good for them.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
09/02/2010 14:45

Fine Ossie ,I guess it was the "good"bit I didnt like.





If I buy in NC to live ,my property is still an investment in the same way as a home in UK is. Its an asset whichever way you look at it. If the property market in UK falls it doesnt help any of us in negative equity to know that property speculators have lost big.



My anti really is with all those people who new this was going to happen, and that was going to happen ,and anyone buying, speculators or not should have known

Been around these sites since 2002 and am amazed at how many people have turned up now, that knew everything about Amaranta Valley for example ,or the remortgaing scandal.If they knew all these things ,why only post 2007 onwards,why not post messages and warnings when it really mattered.

Most people are ok more by luck than by anything else,we should leave it at that and not pretend its because we were super sleuths and we are better than others.



Everyone knew who the killer was ,after he confessed

Lazy days


Joined: 24/07/2008
Posts: 847

Message Posted:
09/02/2010 15:03

Billyboy my dear we know from your profile that you will always liven things up



Girne29 how refreshing, it is always easy to be a knocker or be wise after an event (especially if you are a contributing factor) and when our family moved here we like Paul, did our research, and believe me we were among the first here, before the so called boom, we are really happy here for the most part and can see ourselves being here for many years to come and after the know it alls have moved on or returned to mother England, yes there are many sob stories and hard luck stories and pure robbery stories and the grief of it hurts those involved, but the TRNC has been around for a while and IMHO it will get better for all in the foreseeable future, if they have the wherewithall to sustain the lifestyle, because believe it, the cost of living here is about to become on a par or even more than in England and again in MHO that is key to it all, CAN THEY SUSTAIN THEMSELVES ?

stockiefan


Joined: 04/05/2009
Posts: 574

Message Posted:
09/02/2010 15:16

Ossie, Message 70 "you obviously were buying for speculation"



Well you always get one smart arse on here who "thinks" he knows other peoples business!!! Not that its any of your business but, I am retired, my wife and I came to the TRNC with a view to buying the villas for rental income and to live a quiet life from the income however, that never worked out. We tried it, it didnt work for us. We will actually sell at a loss, it had nothing whatsoever with making a quick buck. So, before you make "obviously" statements you need to work from facts or keep your nose out!!!

Ossie


Joined: 19/01/2008
Posts: 311

Message Posted:
09/02/2010 19:43

Hi Stockiefan,I never intended to get my nose into your business.You're the one that brought up the fact you had bought 3 properties and "how stupid was that".Why you wished to advise the forum of your"stupidity "only you know that.I'm sure it wasn't to get our sympathy or was it? End of subject as far as I'm concerned.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
09/02/2010 19:51

And maybe the end of the thread mods,

Paul.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
09/02/2010 20:03

To get back on thread.

I wouldnt buy in NC or anywhere else at this time .Rocky times ahead and would rather have cash under my mattress and rent .Age a major factor .

If I was younger I would definately take a chance , buy at the moment,and sit on it till things get better both in Cyprus and in Europe ..Will be some great bargains to be had, and nows the time to buy if you have money you can afford to forget about.

mikeyCBBR


Joined: 05/01/2009
Posts: 168

Message Posted:
10/02/2010 10:41

Short term investment no, but where else in the world could you buy a 2 bed villa 100 yards from the beach, glorious sea and mountain views.



Cost of living no where near the euro horror, yes there is risk but it should be factored into your investment.I bought with a long term view, bought off plan without seeing the plot TRNC title . Money upfront so should have been a total disaster.



Yes there have been frustrations, but for £41,000 what do you expect.There have been hundreds of thousands lose money in Spain, Portugal, Bulgaia and even the UK its all relavant.



I love coming over but too much of a pipe dream to live full time.I think the future is good the political and economic climate is not far from a solution although I cant see a unified island.



Turkey is the 4th fastest growing nation and has been a sleeping giant and will become a major force on the island.If you want to make loads of money here, lots of ways but not all property.



Buy somewhere you love not a h

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
10/02/2010 13:18

Go on, everyone, invest in Northern Cyprus - don't worry about Mr. Cadounas's bailiff knocking on your door!

littleme


Joined: 04/07/2009
Posts: 299

Message Posted:
15/02/2010 04:19

When hell freeze's over we may think about thinking about it. but until then not in a million years.......

Mary & Geoff

kaiserphil


Joined: 14/12/2008
Posts: 1096

Message Posted:
15/02/2010 11:38

And who can blame you Mary and Geoff? And all those court appearances! What is the latest?

Troodo


Joined: 12/06/2008
Posts: 1002

Message Posted:
15/02/2010 12:31

Yep! But I would have rather have bought now. Knowing all the pitfalls would have saved a heap of dosh.

jakki



Joined: 23/10/2007
Posts: 865

Message Posted:
15/02/2010 15:58

NO - even though we have a wonderful villa - have made some lovely friends (but there are some on our site who are just trouble makers and have nothing better to do) - I said to my boyfriend wish we had saved the £200K and spent it on something else!!! LIKE - wonderful holidays in far flung places - a trip around the world etc.

CyprusChill


Joined: 08/05/2009
Posts: 666

Message Posted:
16/02/2010 00:03

Same as message 79.

Love the place and the people.

A few teething problems still ongoing but that was to be expected.

North Cyprus just grows on me and i look forward to visits with eagerness.

apples


Joined: 10/11/2009
Posts: 43

Message Posted:
16/02/2010 17:25

I have friends who are still very interested in buying but are waiting to see if there is any positive statements from the TRNC regarding the safety of future investments here.



If anyone has heard any positive news I would love to hear it as I can't find anything at all !

NoveltyBubble


Joined: 11/11/2009
Posts: 46

Message Posted:
17/02/2010 11:42

Hey Apples



If its positive news you want you are on the wrong forum mate.



Positive news on this site is as rare as rocking horse shit!



I tried to be positive once and the doom mungerers came down on me like a ton of bricks.



NB

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
17/02/2010 12:09

Surely, NoveltyBubble/Msg 87, it depends on what an individual's experperiences are, as to whether they are positive, or negative; and that equates to balancing the 'pros' and the 'cons'?



From what I glean from this forum, there are many people, who, having been the victims of 'sharp practice', which most people, who know anything about the island, know is rife, still continue to post their positive feelings and experiences.



Unless one has been a victim and involved in litigation in TRNC, I politely put it to you that to label those that have as 'doom mungerers' is both naive and ignorant.



Be that as it may, I am sure that forum readers will enjoy reading about your current positivity, should you see fit to enlighten us with it all!

Redwine


Joined: 15/01/2009
Posts: 565

Message Posted:
17/02/2010 12:26

We bought a villa in Esentepe and had no problems at all

Redwine


Joined: 15/01/2009
Posts: 565

Message Posted:
17/02/2010 12:29

But there again we are in someone elses country and a little respect for the builders goes a long way. Our builder did everything we asked for and more only because we should him respect and he respected our wishes on any changes. Too many people think that because we are English we own the wolrd - not so.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
17/02/2010 13:06

Redwine.



'You should respect people wherever you are ,your own or anyone elses country.'

Like wise ,you should be respected wherever you are.



"we", are not English but,

Can you give an example of where a builder didnt comply to the contract because of being "disrespected".

To intimate to anyone with a problem that it might be because they have been disrespectful is rather crass.

Can you give one example out of the thousands of posts on this site, of the "too many" who think they own the world because they are English,and even if someone did, what has that to do with a business transaction being completed.

I know many English people, and most are nice ,pleasant , accommodating and just want a quiet life and getting what they paid for ,be it in the UK ,France, TRNC, ROC or anywhere else.

jakey


Joined: 15/05/2010
Posts: 1

Message Posted:
15/05/2010 14:25

hi victor,

just read yr message, re refused permission to purchase. want to buy nc, seen property love it, any advice... what is your situation now.

new to cyprus44 hope that you are able to respond.

thanks jakey

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
15/05/2010 15:03

I think it's still a good place to buy - at the right price. I know of some people that are looking around at the moment to buy here.

measey


Joined: 07/02/2009
Posts: 1037

Message Posted:
15/05/2010 15:10

Do your homework speak to people that allready have, make sure you have reputable solicitors , the bottom line its worth the risk to go to such a beautiful island nowhere better.



Measey.

nilmoney


Joined: 29/12/2008
Posts: 122

Message Posted:
15/05/2010 15:43

After much thought and trying to put a positive spin on it I'm afraid i would not



We did "our homework" and still are having terrible problems with Banks, advocates, but not so much the builders,what homework can you do BRS!, Legal bar, trnc forums, newspapers, visits summer/winter, done it all still problems!

It does seem the whole industry has deep routed problems have been told by locals don't trust anyone and took it with all with a bit of salt but they were proven to be correct.

Like many have said I Love the country, Love most of the people, but the Legal system, Banks, electricity company, local services its a continued battle do you want all this when in your senior years no not realy.



Still musn't grumble there are many others in a far worse position than us and you know what they probaly do not even know it!

Ballyboffin


Joined: 25/08/2007
Posts: 903

Message Posted:
15/05/2010 16:03

We also did our homework and bought a Pre-74 title, on which we are lucky enough to have or Kochan.



Again though the 'goalposts' have been moved and if we sell our house to non TC's they won't be getting PTP on the title deed.



Message 5 walkerscott are you interested in this 'Safe' Title?

honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
15/05/2010 17:29

bought in spain and TRNC . Spain has had some horrendous stories with expats and houses being demolished beacause of corrupt local government.



solicitors over there are usually good and do what you pay them for but properties are still not exempt from the various laws that exist ie land grab law.



From experiences of off plan buying it is always risky, no matter how good a builder, even more riskier in this country due to the lack of respect a lot of builders have for the clients and after all as I keep getting told, it is their property they have the title deeds!!!



I have said it so many times, if it was made law and a straight forward criminal offence to not transfer title deeds on full payments etc then a lot of the prpblems would not exsist. There will always be problems with new build and snagging and builders trying to shirk responsibilities whatever country but as most of the comments on this forum show, people still want to live here.

honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
15/05/2010 17:35

msg cont



It would be interesting if it was a criminal offence to not transfer the title deeds to see how many of the bullders/landowners would be charged with these offences. I am sure should it be the other way round and I refused to transfer when I had the deeds and taken the money bla bla bla I would be arrested and in prison.



I am at the moment involved in a legal case myself and if not for the fact it was myself involved it would be certainly be interesting the stokes that are pulled.



I would buy her if I had the deeds and the place had been built for a few years and all probs sorted. As for the Orams case I think thats something out of our hands and in the policticians!

Ballyboffin


Joined: 25/08/2007
Posts: 903

Message Posted:
15/05/2010 18:57

honestie, Hello, Hello, Hello!



D'ya want to buy a villa in Ozankoy, built 5 years all probs sorted ( & there were many, as you know )

Pre-74 Turkish Title in our name ??????



Ash cloud permitting be in TRNC Wed.



See you soon,



Pat xxx

honestie


Joined: 22/02/2009
Posts: 468

Message Posted:
15/05/2010 19:02

Ure quick Pat



hope you get here this time let me know will be round after my court appearaces of course.



ps wont get PTP in fact dont think they will ever let me buy again or have a business!!!



see you soon xxxx

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
15/05/2010 19:41

Nice thought that if you do your homework and lots of research you will be OK. Perhaps its remarks like these that make some people feel safe and willing to buy?

Can I ask those on the thread that did their homework, if they actually followed the governments advice about getting their PTP prior to entering into any contractual or financial agreement to purchase? This also being the advice of the HBPG. Or did you listen to your developer and go ahead anyway? If you did then you left yourselves as wide open as the rest of us and your safe purchase may be more to do with luck than research.

Did you not hand over the final and largest payment on the day you received your title deeds? Or did you have to wait, leaving time for memorandums to be taken out? Did you buy from a builder that LOTS of people on this forum were recommending? I know Wyn did and look where this has left him?

I have done lots of homework and the only thing I can say with certainty is you take a big risk buying here

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
15/05/2010 19:48

and you cannot make any sale safe because this countries laws and system do not allow this.



I'm not saying don't buy but I am suggesting that people buy fully informed and knowledgeable about the risk they are taking and if you cannot afford to take a risk perhaps buying in the TRNC is not for you?

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
15/05/2010 20:48

Also, when you make an application for PTP, it has to be for a specific property - so without a Sales Contract, how can you apply for the house you intend to buy?



'Caveat Emptor!'

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
15/05/2010 21:38

ballyboffin

You say.

"Again though the 'goalposts' have been moved and if we sell our house to non TC's they won't be getting PTP on the title deed. "



that in effect means a non TC cannot own a Turkish title property?Thats definate is it?



We have friends considering buying but will non touch anything other than pre 74 turkish or british title. The estate agents do not mention this 'slight'problem.



Will have to look into it.

Ballyboffin


Joined: 25/08/2007
Posts: 903

Message Posted:
15/05/2010 21:43

honestie,



So sorry to hear that. The place is a b@llocks. You will have loads to tell us and I hope that there may be some good news.xxx



bradus,



We did do all our homework 7 years ago before we decided to buy off plan, on a Pre-74 Title.



There were some problems in our beautiful villa through the dodgy building work and we have paid a lot of money to sort them. However we were probably one of the 'LUCKY' ones, since on our site of 14 houses in Ozankoy there are only 2 British owners who have received their Kochan. The other 3 British buyers on the site have been told that they will NEVER even get PTP on the properties.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
15/05/2010 22:07

ballyboffin



Thanks for the warning. Can safely say pre-74 is now a non starter.

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
15/05/2010 22:14

I hear that Timbuktu is very pleasant this time of year and property prices have seen little movement in the last few decades but deeds of title are solid!



Richard

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
15/05/2010 22:38

girne 29,



having looked into the issue of pre 74 Title Deed and discussed this with everyone from others that have been refused to HBPG, BRS, Interior Ministry, Military and British High Commission I can safely say that pre 74 is not being given to foreigners. Tell your friends not to waste their money.

Blackbird



Joined: 11/08/2009
Posts: 1432

Message Posted:
15/05/2010 23:16

I really love North Cyprus... but taking a chance with my money to buy there....no thank you...

RedSnapper


Joined: 12/08/2008
Posts: 540

Message Posted:
15/05/2010 23:32

I was very keen on TRNC and have previously owned in France and Spain without any problems whatsoever regards builders Lawyers or Government. I am now trapped in TRNC with my purchase.

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
15/05/2010 23:35

No!!!



Not until they sort out their legal system. At present it is a thieves charter.



Maybe, just maybe, if it was not "off plan" but I would urge the utmost caution, with your choice of advocate, and ask for a`



written definition of Exchange Land.



wyn

Ballyboffin


Joined: 25/08/2007
Posts: 903

Message Posted:
16/05/2010 00:24

110, RedSnapper.



SNAP.

SAFFI


Joined: 01/07/2008
Posts: 342

Message Posted:
16/05/2010 04:03

In short NO !

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
16/05/2010 07:30

Since there will be no re-unification of the island, no GC will want to live in a TC community, and visa versa.



At present GC's are obliged to go to the IPC for compensation on property 'lost' post '74.



This relegates the 'Orams' case obsolete in terms of having any current relevance to 'Exchange' property ownership, as Mr. Cadounas's bailliff has knocked on an expat's door for the last time!



So, so called 'Exchange' land/property now comes within a whole different risk category - it appears that such property, as far as any GC threat is concerned, now risk-free!

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
16/05/2010 11:49

Agreed Tenakoutou, so with the current state of affairs in my view its better to buy a completed property with all services already in place on exchange land opposed to on Pre-74 land.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
16/05/2010 12:06

cooper: I understand that the TRNC constitution states that it is permissable for foreigners to buy and take title to pre '74 property - but how can this 'right' be challenged?



How can such a clause be arbitarily repealed?



Maybe elko2 can furnish a definitive answer?

LOvegod


Joined: 22/03/2009
Posts: 161

Message Posted:
16/05/2010 15:52

when purchasıng a resale would ıt not be possıble for the buılder to transfer the tıtle deed to your solıcıtor who would hold thıs ın trust untıl ptp was granted. so no remortgagıng problem or extra payments to the buılder/landowner.

keithcaley



Joined: 13/06/2008
Posts: 2521

Message Posted:
16/05/2010 16:19

msg117,

Apart from the fact that the Koçans would have to be issued twice, and all taxes and legal fees paid twice (2 separate transactions) there arises the questıon "Could you trust your Advocate?" (no solicitors in TRNC) - I won't answer that one!

A fairer way to do business would be to apply for PTP, then when it was granted, and the house completed to your satisfaction, the vendor could transfer the Koçan to your name.

And only THEN do you pay him ANYTHING

If you don't pay, then HE is left with the option of suing YOU...

I wonder how they'd like that

In the meantime, you could invest the purchase price in a YTL account - £100,000 or whatever, in a YTL account would more than pay for the rent of a luxurious Villa while you are waiting for yours to be finished, and if there are any problems whatsoever with the build / Koçan / Electricity / Memorandums / PTP etc. they are HIS problems, not yours - you just leave your money in the bank

Ain't HINDSIGHT a wonderful thing?

maddy


Joined: 12/01/2009
Posts: 24

Message Posted:
16/05/2010 16:27

Would I buy in TRNC? Had hoped to be living there now in our villa that I signed the contract for in 2006. The joke is that we are no nearer to living there in Bahceli due to unscrupulous developers and wonder if the nightmare will ever cease. Having bought in Bulgaria 6 years ago with relative ease we cannot believe that the Government tolerates the situation with rogue developers - will it ever change? Do hope we can experience life in the TRNC before being carried out in a box!! Here's hoping!!



Best wishes Maddy

maddy


Joined: 12/01/2009
Posts: 24

Message Posted:
16/05/2010 16:28

Would I buy in TRNC? Had hoped to be living there now in our villa that I signed the contract for in 2006. The joke is that we are no nearer to living there in Bahceli due to unscrupulous developers and wonder if the nightmare will ever cease. Having bought in Bulgaria 6 years ago with relative ease we cannot believe that the Government tolerates the situation with rogue developers - will it ever change? Do hope we can experience life in the TRNC before being carried out in a box!! Here's hoping!!



Best wishes Maddy

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
16/05/2010 18:12

tenakoutou message 116



"it is permissable for foreigners to buy and take title to pre '74 property"



The dictionary '-permissable'=allowed to be done by a law or rule.



Therein lies the problem ,it is allowed, but doesnt have to be,done.

The same as I am 'allowed' to sue my builder for non enforcement of contract,and I am 'allowed' to sue a bank for knowingly mortgaging land that I have paid for.

I guess you are 'allowed' to apply for title in much the same way.



Pray the TRNC never gets into the EU, the Construction industry and associated businesses,will have to cease operating overnight.See the South are already running into problems on that score.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
16/05/2010 19:03

Yes I have also been interested in what is now happening in the South as many of the problems experienced there were similar to those of the North.



Music to the ears to see the ROC government and developers being held accountable for their actions and legal actions now being successful. This has only happened because of EU intervention though.

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
16/05/2010 23:43

Interesting but mainly heart rending to read the foregoing experiences. After 5 years of being rubber dicked by solicitor, builder, officials, etc we have Title Deed and villa registered thereon. We hold proof positive that we had PTP and deeds, gained by ourselves, whilst the solicitor some 3 months later was still billing client account for imagined journies to check for the PTP, which we held but did not tell him ! Also proof positive that solicitor paid from client account taxes for which the builder was responsible in spite of verbal and written instructions from us not to. So all tucked up then and we should be free of worry and stress, but we are more stressed now than 2004 when we arrived excited at the prospect of retirement here. As Tenakoutou says unlikely EU standards will ever apply here. Equitability with the locals eroded year upon year and if the housing market ever improves enough to recover monies paid we anticipate a new law for a heavy tax upon the vendor.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
17/05/2010 00:10

if i had another 150k spare i definately would .

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
17/05/2010 07:45

Rental is comparatively cheap here so I would recommend renting the 'property of your dreams' and putting the money you would have spent on a villa into a TL account in the bank. A good rate of interest that should easily cover your rental and living costs, coupled with the option to pack up and leave without the stress and uncertainty of having to sell your property.



We looked at buying for a long time but eventually went with the above and I have to say that it is the best decision I ever made !!



Paul

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
17/05/2010 08:20

deputydawg/Msg123: 'As Tenakoutou says unlikely EU standards will ever apply here.'



Excuse me! - Tenakoutou has not made the above statement on this thread - you have misquoted me, please be more careful as to whom you attribute such incriminating statements.

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
17/05/2010 11:21

Tenakoutou. Unreserved apologies if I have miscontrued your meaning. I interpreted your comment that there will be no reunification of the island as meaning the North will not join the South as a unit of the EU. Thus the pressure that the EU is evidently bringing upon the South over the rights of immigrants and land is unlikely to apply here any time soon. I suppose the view I was trying to share, obviously now not very clearly, is that in our time here as a family, rather than feel progressively embraced and welcomed as foreigners, year on year, having jumped through the hoops and paid dearly, we feel less secure and are treated less equally. We feel for those who are having to do so much to gain their deeds etc, many suffering great hardship, and wish that we could say that we believe the effort in the end will always bring great peace of mind so that this beautiful country can be enjoyed by all.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
17/05/2010 11:58

deputydawg/Msg 127:



Apology accepted - no worries!



Your Msg 127 is most eloquently and sensitively expressed and I both share and concur with your thoughtful sentiments.

MickytheHat


Joined: 20/03/2010
Posts: 8

Message Posted:
17/05/2010 12:41

Somebody I know has paid a large deposit and further stage payments totalling 60% of the total price in South Cyprus for a 3 bedroom apartment 'off plan', that even now only has a concrete base built after 2/3 years. The problems are regarding an electricty line that has to be moved to continue, so there are the same problems over there. After last talking to him he didn't have any idea when it was going to progress.

Stubs


Joined: 01/07/2008
Posts: 641

Message Posted:
17/05/2010 14:45

the original question it is not just what has happened to the Orams which plays a significant part of who wants to buy in North Cyprus.





Judging by the nature of replies on this thread it seems to be with the legal system, rogue builders etc etc.



Most of the problems encountered in the TRNC seem to be self inflicted however if they pulled their fingers out they could be solved



If you work out how many PTP's have still to be issued and the subsequent tax money that would then go into the coffers it blows my mind why a government would not issue these with some degree of urgency. How much money is sitting there in unpaid taxes it must run into 10's of millions of ££££'s.

swannee7


Joined: 21/08/2009
Posts: 394

Message Posted:
17/05/2010 17:59

The more of these comments I read the more convinced I am that the govt. of the TRNC URGENTLY need an advisor - preferably an intelligent, articulate ex-pat - to explain to the powers that be how they're losing money hand-over-fist, and foreign investment is unlikely to re-appear until there is a cohesive plan to eradicate corruption, establish an official & efficient body of conveyancers, ensure strict building regs., and limit the number of developers.

Fiendishpaul (125) sums up the best options in the sad (and very bad) situations so many of you out there have found yourselves. If Bulgaria can get things 90% right, why can't N.Cyprus?

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
17/05/2010 21:56

NO - definately NOT!!!!!

Not because of the Orams case but what has happened to me.

4 years on, sold my house in the UK to buy one here

Didn't need furniture or white goods - included

Now Builder won't finish it.

We are pensioners and now we have no home or furniture in the Uk

and no home or furniture in TRNC.

Cafer Yucelgazi has £90,000+ of the money from our UK house and

We are having to rent - should have done it in the first place.

Stubs


Joined: 01/07/2008
Posts: 641

Message Posted:
17/05/2010 22:16

Swanee



Gordon is looking for a new job after leaving 10 Downing Street lol

wynyardman



Joined: 15/12/2007
Posts: 4580

Message Posted:
17/05/2010 22:24

Does Dolly Parton sleep face down?.................no chance!.............never again!



Pass my Efes!



wyn

deputydawg


Joined: 30/03/2010
Posts: 1727

Message Posted:
17/05/2010 22:32

Dear Swannee 7, I genuinely wish that your suggestion comes true. However I doubt that there is not total awareness of the potential millions of £s laying dormant, just no will. During the housing boom around 2004 officials regularly confirmed increased numbers of PTB being issued then, when the Annan plan collapsed, said none were granted in previous 3 years. Not suprised that again a hold up whilst Talat negotiated with South using favourable data nor suprised that permanent residentia changed from 5 to 6 completed years and I believe citizenship increased beyond the 10 year qualification. Perhaps equally difficult to believe that the South have not spent some 40 years ensuring that land records in their possession now show over 80% of land as G Cypriot, the truth perhaps in earlier times being that the 80% was common land not owned privately by G or T Cypriot. My belated conclusion, only rent here, unless a possible loss of purchase monies will only dent a piggy bank

Blackbird



Joined: 11/08/2009
Posts: 1432

Message Posted:
17/05/2010 23:41

Last time we were in NC we got talking to a young couple. They had just bought a two bedroomed villa - which had no titled deeds.....but the estate agent said it would be OK.

C'mon - how can people be so naive..................

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
18/05/2010 00:09

"C'mon - how can people be so naive.................. "



Because they were told by their nice lawyer, estate agent, builder etc. that all would be well. Anyone else remember that?

Blackbird



Joined: 11/08/2009
Posts: 1432

Message Posted:
18/05/2010 00:47

Yes Hector... everyone told them it would be OK....Can you believe this???