Buying a property in northern cyprus

steveanne


Joined: 22/05/2011
Posts: 2

Message Posted:
22/05/2011 15:28

We are looking to move to North Cyprus in the near future, is there any one out there who has not had any problems buying their property.Reading the forums it seems anyone looking to buy is facing a mine field of problems.Can any member give us any advice and help!

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
22/05/2011 15:33

be aware, be extremely cautious, take your time, try and rent before you jump in and buy ...

and good luck!

http://www.no-deeds-no-money.moonfruit.com

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 15:43

Buy the land first. Get the deeds in your name. Employ a builder and tie him to a fixed price and only pay him for the work done at any one time.



Another way is to buy an old building and refurbish it. What ever you do, no deeds no money is the best way.

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
22/05/2011 15:47

Steve Msg 1 - Buying a property in any country can be a nightmare even the country you were brought up in and know.

Different rules

Different ethics

Different laws

Different ........



If you have no experiece of North Cyprus or wherever go there and rent talk to locals and expats (who will all have different stories & different opinions) BEFORE even going to your first Estate Agent od Advokat for their thoughts

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
22/05/2011 15:50

far better places to live............

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 16:56

NN, behave yourself. Problems withy buying everywhere. Have you tried Spain or Portugal?



If you are going to an advocate, use one that is reccomended by people here.

yrret


Joined: 17/08/2010
Posts: 761

Message Posted:
22/05/2011 17:18

Had no problems at all.

Suggest you look at only finished properties with all services connected, and the Kocan held by the seller.

nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
22/05/2011 17:43

Hi there,

We have been here 7 years and no major problems. Love it. If you want to e-mail me off board I can let you know the situation re medical treatment etc and anything else I can help with.



Chris

nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
22/05/2011 17:44

Oops forgot trnchealthcare@gmail.com

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
22/05/2011 17:52

If you are looking for a stress free lifestyle, don't buy property in Cyprus; if you are looking for EU level legal system, laws and lawyers, don't look at Cyprus; if you are looking for a similar level of medical care as in Europe, look at what you can get in the TRNC first.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 18:01

In truth no one can give you the reassurances you need. What you must realise is that whilst some buy and have no problems others have lost a fortune. What makes property purchase so difficult in the TRNC is that the law gives you no protection. It's useless people coming on the forum and recommending advocates because no matter how good some might be they can only work within the current laws. At present there is no legal obligation for your builder to hand over the title deeds, even though you have paid in full, if he does not wish to do so. Can you look through a crystal ball and be assured that the builder you have chosen will do this? Unbelievable but there is also a problem with memorandums on properties. In other words you pay in full, as per your contract, but you become responsible for the unpaid bills of the builder!



The only safe way to purchase is wait for PTP first, then agree to pay up on deed transfer. Settle for no other way.

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
22/05/2011 18:12

We have no regrets but count ourselves very fortunate in that although we did buy of plan the developer we chose did fulfil their obligations. If i was thinking of buying a property today i would take heed of what was suggested in Msg 7 but only due this if the property is built on exchange title property because if it's it built on pre-74 title land you are very unlikely to be granted PTP.

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
22/05/2011 18:36

I would check out the info on the website given above. If you still want to buy try and go for pre 74 where the property was already owned by a non Cypriot. You may have a stronger case for PTP. Alternatively rent

the place is full of great houses and renting is cheap

misunderstood


Joined: 08/04/2011
Posts: 1004

Message Posted:
22/05/2011 19:16

And even when you have done all you can to safeguard yourself, be aware you are buying former Greek Cypriot land, at present you cannot get PTP on pre 74 title. There are NO guaranteees in Cyprus be it NOrth or South at the moment. THat of course could change, but no necessarily to your advantage.



No Kocan, no money , no guarantees.

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
22/05/2011 19:51

we had no real major issues buying off plan.(5 to 6years ago)...i wouldnt recommend that route.



go to estate agents and look at resales ,look only at property with kocans in the name of the seller and get a good advocate .



said and done move out and rent for a year and see if you like it



kav

Lor49



Joined: 12/11/2009
Posts: 82

Message Posted:
22/05/2011 20:51

We did as message 7 suggests, and we have had no problems at all. Started the purchase in September 09 and recieved Kochan March 11.



Also Landmark estate agency is one of the best around, Sandra is a straight talking girl and wont lead you up the garden path.



Good luck



Lor

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
22/05/2011 21:18

Steve,



I have e mailed you,



Paul.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
22/05/2011 22:45

re-mess 17,



But unfortunateley they keep bouncing back.e mail me @ brod@brod.karoo.co.uk



Paul.

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
22/05/2011 22:49

Message 1



The best advice anyone can give you is "NO DEEDS NO MONEY"



Good Luck! (you will need it)!

steveanne


Joined: 22/05/2011
Posts: 2

Message Posted:
22/05/2011 23:02

Thanks for all your replies.Please keep them coming

jay76


Joined: 17/07/2008
Posts: 532

Message Posted:
22/05/2011 23:37

You need to remember that there is no room for kindness honesty and favours in this current climate, buy a resale if any regardless of what the deeds are and enjoy I done it and would never change a thing, you learn as your going along as in who to trust and who not to, common sense is a good advantage.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 23:49

If only we could know who to trust and who not to. It would be a sure way of avoiding the many property scams. The fact that there are quite a few victims shows that this is impossible to do.

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
23/05/2011 01:16

must be a wind up thread

Hoylemiller



Joined: 03/09/2010
Posts: 240

Message Posted:
23/05/2011 11:25

Agree with msg. 7

pringle


Joined: 22/06/2011
Posts: 2

Message Posted:
22/06/2011 23:58

Can anyone recommend an independent, reliable, trustworthy advocate based in TRNC, or elsewwhere for that matter, as long as they know TRNC legal affairs concerning purchasing property in the TRNC.

cyprusman3



Joined: 09/06/2009
Posts: 297

Message Posted:
23/06/2011 09:52

buying a resale is the only safe way as msg 7 says.

laptarunner



Joined: 02/11/2009
Posts: 217

Message Posted:
23/06/2011 18:35

What's your budget? It may be worth you taking a look at our recent post re our house, also you can cut and copy link to see some pic's.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
23/06/2011 20:36

Message 25. Pringle. If you find one then please let everyone know. Others have looked for that Holy Grail that you seek but without success as far as I know.

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
23/06/2011 20:56

buy a resale , do some research on the solicitors yourself , but choose your own , tip , dont ask on here and i dont mean that in a bad way , only you can decide so no one on here can help you really , tip , spend what you can afford to loose if the worst case scenario should actually happen , dont burn your bridges back home , keep all your options open , most of all enjoy the place , good luck .

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
23/06/2011 21:01

Hector (mess 28)



I sure as hell never found the holy grail (looked far & wide) !



rowlo (mess 29)



At last your giving good advice "Spend What you can Afford to Loose" nothing more nothing less!!!!!!

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
23/06/2011 22:06

im the new ( most helpful member )

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
23/06/2011 22:12

Rowls,



Watch your head mate,lol,



Paul.

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
23/06/2011 22:37

Don't buy, RENT for a couple of years... or if it's a holiday home look somewhere else....Spain and Portugal are recognised internationally and they have MAJOR problems ,this place(TRNC) is not recognised by ANYONE except Turkey........... Changes seem to be afoot, but who knows what the out come will be...risk it or not,the ball is in your court... Personally I consider buying a property here a waste of money,they are "all" poorly built although some have advanced into standards used in the UK in the 1950's.......Be very careful....good luck....

pringle


Joined: 22/06/2011
Posts: 2

Message Posted:
24/06/2011 10:08

I think I've got the message, for which I'm most grateful. It's only gone to confirm our worst fears!

BigLou


Joined: 05/11/2008
Posts: 6

Message Posted:
24/06/2011 12:37

send me an email Steve....may be able to help you with your question.

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
24/06/2011 23:49

Watch Holiday Homes from Hell

They have recently done a programme about the problems buying here.

Katya


Joined: 30/11/2009
Posts: 7

Message Posted:
30/06/2011 16:33

You can ask any questions about moving to Cyprus here:





info@sunbeamsestate.com

Sayit


Joined: 15/10/2010
Posts: 47

Message Posted:
30/06/2011 23:21

If you don't want a HEADACHE "DON'T BUY" just rent!!!!



If you like running around like headless chicken and get nowhere with Authorities and solicitors then "BUY"!!!!



Regards!!!!

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
30/06/2011 23:56

steveanne (mess 1)



If you have any sense at all don't buy in Cyprus either North or South! keep you health, wealth and happiness!



The very best of Luck, whatever you decide

matula


Joined: 07/07/2008
Posts: 647

Message Posted:
01/07/2011 00:32

In a word----DON'T!

blade


Joined: 19/06/2010
Posts: 1286

Message Posted:
01/07/2011 10:45

Hi Steve & Ann,

We owned our house here for around 7 years now. We purchased without any problems what so ever.

You can email at sharpeisara@hotmail.com

if you have any questions.

PropertyPool


Joined: 25/09/2011
Posts: 252

Message Posted:
26/09/2011 17:01

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