Will we lose our Villas?

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 17:52

As many will know, I have somewhat strong views over the Cyprus Problem.



Pikey, preaches that those of us that bought in good faith, on exchange land, risk loosing our



villas. Pikey says there is no such thing, as good faith! in the TRNC!



How many..........



1 Think he is right?



2 Think maybe we will have to pay again for our land?



3 Think we will be thrown out of our villas, and watch them demolished



4 Think Exchange land option will be ratified, and we will have our Kochans Internationally



recognised.



5 Think Pikeys thoughts have real validity, and we should take the honourable way out?



wyn

Tatlisu4me


Joined: 26/01/2008
Posts: 257


Message Posted:
30/10/2008 18:01

Untill a decision is made by the powers that be, it is all guesswork.

karakum5c


Joined: 18/03/2008
Posts: 263


Message Posted:
30/10/2008 18:19

Everybody should read the Annan Plan,although not accepted if there is a resolution to this situation the international community is sure to use it as the basis for the solution rather than do years of ground work all over again. In it many of us would have to pay compensation, in my own case £3000/£4000 not the end of the world when you consider how much the value of my flat would increase by overnight. Before anyone points out the obvious and says these amounts are small and this is why the Greeks did not accept remember there are 40 flats on my development this is £120000/£160000 for a piece of land the Greek owner had written off as hopeless cause. The Plan is fair to all and recognises all sides of the divide and it is a travesty that it was not accepted by all. Let us all hope that there will be another opportunity to revisit this issue. Cyprus is a small enough island with out dividing it and its people.

Pipie


Joined: 05/01/2008
Posts: 1262


Message Posted:
30/10/2008 18:19

Just enjoy things while we can , life is to short , however maybe we would have to pay compensation even though we were all sold in good faith .

Maggie&Bernie



Joined: 26/07/2008
Posts: 365


Message Posted:
30/10/2008 18:29

Hear hear Pipie!, Wyn don't let worrying about what may or may not happen in the future spoil your enjoyment of living on this beautiful island, Like I said on the smoking thread - one could be run over by a truck tomorrow.

Personally I think Pikey is totally wrong and scaremongering - You are right, if a property is bought in good faith and the price paid (all under the guidance of a T.R.N.C. Advocate) I cannot imagine anyone being able to throw you out of it. But I'm sure any decision/settlement is a long way off yet so why not relax and enjoy the sun (and the efes!)

Maggie

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 18:33

Bernie,



Non smoker myself, but have another fag! I could'nt agree more!



Bring back flogging I say!



Cheers,



wyn

WAZ-24-7



Joined: 18/10/2008
Posts: 252


Message Posted:
30/10/2008 18:42

compensation, as per the Annan plan of 2004 is unlikely to proceed as a viable option to settle. The United Nations and more importantly the EU do indeed need to see resolution. The Island needs to see reolution. The Cypriot people need a resolution.

So what will happen. The EU are to become more involved in brokering a deal. South Island is a member. The North needs the same status so that the Union then has an Eastern mediteranean strategic and unified member.

The EU need to provide significant funds to the Island as a whole in order to provide financial incentive to agreived parties. Money will settle the vast majority of land claims and issues. Certainly, it will not be the case that mass evictions and demolishment will take place. Anarchy and an economic castastrophy is not an option and would vetoed by the UN and EU.

Ther is a clear advancment in talks between both egimes since 2004. Latest talks on 8th October 2008 are encouraging to a solution.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 18:45

WAZ -24-7.



An interesting take on the situation!



wyn

Coachie



Joined: 29/07/2008
Posts: 812


Message Posted:
30/10/2008 18:51

Wyn ...There is absolutely no point in giving your self an ulcer worriyng what is going to happen in the futureIf you or any of the others can predict that can you let me no what the lottery numbers are for this week end are.As Pipie says enjoy it for as long as you can because you never know they may take into consideration every body who has bought property there and I dont htink they will want to loose that sort of money in the future..So heres hoping for you and every body else it turns out ok...

WAZ-24-7



Joined: 18/10/2008
Posts: 252


Message Posted:
30/10/2008 18:51

continued...



Come EU member states. Stump up some significant cash. Bring it to the table and negotiate compensation linked to a reunification ( ie removal of borders) recognition of all comunities. Economic development. EU membership of the Island as a Cypriot Republic. et al.



How much money? Well what price for human rights, harmony and a unified single and national community without the neede of UN peace keeping forces and the ever present military presence of two fueding factions.

£500 million should do it. Phased in, in conjunction with specific objectives, aspirations and targets. Let negotiation begin.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 18:59

karakum5c,



I have a copy of the Annan Plan by the side of my seat. I wholly agree with you.



IF there is to be a settlement, it is inconcievable in my opinion, that that they will try and



rework the property issues again. These issues took years to formulate what the International



community, deemed to be fair and equitable. It is my view that in respect of the immovable



property issues, a settlement will be agreed broadly around that formula.



My view, that is all,



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 19:09

Coachie,



I raise my glass, to your good health. Could I have a glass of what you are drinking? It



seems to be a lot better than mine!



wyn

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 19:11

Wyn,

Stop worrying mate and being so pessimistic.If you are on exchange land you will probably have to pay a percentage of the worth.Thats todays ruling (i think) who knows what it will be tommorrow.Be more optimistic like me lol,

Paul.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 19:14

Newlad,



I would sooner wager my UK house, on Hull City winning their next three matches!



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 19:15

Dodger,



I think you lot drugged the Baggies!



wynyardman

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 19:21

Wyn,

There at the theater of dreams on Saturday so dont waste your money.

Coachie



Joined: 29/07/2008
Posts: 812


Message Posted:
30/10/2008 19:33

Wyn..Not even had one yet but if I do it will only be a glass of three of red wine,just trying to be realistic.Live for today is my motto wyn let tomorrow look after itsself......

lovelife


Joined: 07/07/2007
Posts: 200


Message Posted:
30/10/2008 19:36

The pessimistic and cynic in me tells me that we will end up paying compensation, if they agree along the guidelines regarding property as set in the Annan Plan, I feel the respective governments (TRNC/Turkey) will not pay out and I feel it will be more than the 4-5K that we were told by our 'honest' estate agents et al, we thought long and hard about buying our plot and decided that we would have to shoulder the responsibility and deal with the consequences should a stettlement be reached.

LL

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 19:39

Coachie,

Ill drink to that.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 19:46

Newlad,



You and Coachie are plonkies! Don't let Pikey know! The refuge of the pessimistic!



wyn

Coachie



Joined: 29/07/2008
Posts: 812


Message Posted:
30/10/2008 19:47

Newlad ..Cheers...Life is too short without worry about what is or is not going to happen.Sod all you can do about it if it goes the wrong way for you.Like I said in another post its there island not yours and what will be will be...

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 19:47

Wyn,

It was pikey that sent me the drink lol.

Coachie



Joined: 29/07/2008
Posts: 812


Message Posted:
30/10/2008 19:51

Wyn ..Didnt think you thought i was apessimist.I only wear abelt. not belt and braces!!!!

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 19:56

Coachie,



I have no fixed views. I like people that enjoy life and attack it head on. in a positive vein.



It was your photograph, that did it for me.



wyn

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 19:57

Coachie,

I think Wyn has been at the three legged donkeys food and er indoors medication.He needs a good rub down with a sports mail to knock him back into kilter,

Paul.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
30/10/2008 20:09

Paul,



We can only tell you guys, the right way. It is up to you lads whether you wish to listen!



wyn



(and some fell on stoney ground)

newlad



Joined: 02/03/2008
Posts: 1513


Message Posted:
30/10/2008 20:12

Wyn,

I always listen to you matey you know that,

Paul.

no1doyen


Joined: 04/07/2008
Posts: 2739


Message Posted:
30/10/2008 21:23

Lovelife, I agree with your take on this matter.

andre 514


Joined: 31/03/2008
Posts: 217


Message Posted:
31/10/2008 02:17

wyn,



have to agree with pike on exchange land but from a different viewpoint

I am sure you bought in good faith and the last thing you did

was to deprive anyone else since "they" couldn't live there anyway

but the south and the supporters they have garnered internationally do not

officially recognise this trnc-inspired exchange process



there are however two omnipresent factors:



firstly you enjoy local as well as de-facto recognition of your property rights,

for example in the remote possibility of an amicable agreement

between the two sides you may garner a formally official status...

I think this may be implicit in the 2004 peace plan

since no mass exchange of population was really anticipated



secondly the rights and wrongs of the whole cyprus business 1878 to 1974

are subject to heated debate and bitter recrimination between those involved

and so many wrongs done by all and sundry

that it is suspicious if anyone sets themself up as moral arbitrator



andre

Groucho



Joined: 26/04/2008
Posts: 2369


Message Posted:
31/10/2008 03:52

Andre "wrongs of the whole cyprus business 1878 to 1974 are subject to heated debate and bitter recrimination between those involved and so many wrongs done by all and sundry"



Andre, you are right that this situation is extant as some of the people in power may still have blood on their hands... Certainly so from the period 1963 - 1974...



But time - the Great Healer, which catches up with us all in the end, will obviously move these power-brokers aside and then perhaps the younger generations of the two major communities can set these polarised postures behind them and take a more informed and inclusive stance on their island...



They don't seem able to do this currently probably because the soul-searching is simply too painful for them.. It's particularly hard when their leaders and teachers have been culpable in the deliberate mis-interpretation of their history. how can they now come clean?



Maybe they're going to need a Truth and Reconciliation Committee

cyprusishome


Joined: 31/03/2007
Posts: 1132


Message Posted:
31/10/2008 06:57

When we bought here we had read all the info available and were fully aware that at some future date there may be a problem with compensaton or whatever.



Anybody who bought after 2004 should have been aware of this as even the estate agents had links to some of this information, in the small print obviously but it was there.



I therefore agree that there is merit in what Pikey says. However, I believe that to sort this on any individual basis if an agreement is reached I think many of us will have moved onto a different plane.



As others have said, Wyn - STOP WORRYING. You and I have no control over this. Right now I am more concerned cos some toe rag, probably British cos Cypriots do not do bike riding, has stolen our mountain bikes. Plus they would be so noticable in a village!!!!!!!!!!!

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 07:26

CIH,



Can I make one thing clear. I am not worried!



I am deeply resentful that I have been put in a position that is outwith our control, and as the human condition dictates,we find ourselves in a period of uncertainty.



I do accept that with research, I would not have bought in the TRNC at this point in time.



We were bought up in an envoiroment where you can trust solicitors to look after your interests, in these circumstances. In retrospect we were hoodwinked with phrases such as Exchange Land, Laws based on British legal system , A government and a builder that entered a written contract that stated that they had the legal rights to the land, and therefore the right to sell it to us.



ieIn retrospect, a concerted effort appears to have been made to defraud us,



I am angry That Pikey is allowed to accuse, on a public forum, people who bought in good faith.of being in receipt of "stolen land", of knowingly acting in bad faith,and without morals,

despite their protes

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 07:36

protestations.



I believe that he was wrong, and the moderators of that forum should have intervened.



I believe that there will be a bizonal agreement to settle the Cyprus Problem and the Exchange

Land principle will be ratified.



There, that is how we see this most unfortunte debacle. We still see the TRNC as a lovely place to own a home in which to enjoy part of our declining years.



Finally if I am deeply worried about anything it is the way This UK Labour Government is

trying to get us through The Credit Crunch by spend, spend spend,(usually to save their own knecks and the unworthy) and the fact I will probably not live long enough to pay back the debts they are taking on, and therefore mortgaging my Grandchilds future,



My views, that is all,



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 07:47

Andre, Groucho,



You make very interesting observations in your postings!



wyn



CIH,



I hope that you soon recover your mountain bikes........far better hobby than mounting sheep!

Pipie


Joined: 05/01/2008
Posts: 1262


Message Posted:
31/10/2008 07:47

I do not agree with anyone who says we should have known us buyers may have been faced with problems .

When you pay a solicitor to guide you , you automaticly assume that they are right this is what i assumed , otherwise why do they act for you .

It is only after paying them and a few years down the line you find out this is not so , now this is not us buyers fault .

Pipie


Joined: 05/01/2008
Posts: 1262


Message Posted:
31/10/2008 07:51

Also if we were all to be turned out of our homes in TRNC , could you see how the economy would suffer , already there are signs of a less spend by us owners , and who would be there be left to tax , cause again at present we are the only ones who are taxed left right and centre .

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 07:57

Pipie,



Caveat Emptor........unfortunatley the information was available if we had researched properly.



The advocate (another con, they are not solicitors) position appears indefensible, but do you fancy taking one to Court in The TRNC?



Theres always a glass of Ice Cold Efes or two!



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 08:12

Suzanne,



I hope you shaved off your moustache before typing this"



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 09:30

Suz,



Waxed moustache?



wyn

fire starter


Joined: 19/06/2008
Posts: 1379


Message Posted:
31/10/2008 09:53

wyn

whats done is done, you will just have to wait and see.



the annan plan was rejected by the gc's so i don't think that any settlement will involve it.



do you know any gc's on a personaly level?



have you ever listened to what they have to say or how they feel?



how would you feel if your land was taken from you and sold to someone else?



would you not want it back?



i think you should start seeing things from bothsides, and hope that someone will

step in and save the day, for your sake.



sorry but i'm with pike on this one!

Coachie



Joined: 29/07/2008
Posts: 812


Message Posted:
31/10/2008 09:59

Wynn .. and whats in that bottle on your photo then holy water!!!!

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 12:06

Firestarter,



I hope that I make it very clear in my postings that I see both points of view.



I have consistently argued in favour of an end to the emnity, and a mutually acceptable

solution to the problem. What I am opposed to is one sided propaganda that feeds the emnity.



As I have said many times, I accepted the assurrances of my professional advisers that Exchange land, was just that, and I paid the asking price.



I do know some GCs in the UK. I find there arguments, lack balance.



Again I hope maters can be settled to the mutual satisfaction, of both sides.



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 12:27

Coachie,



Don't start this again! I thought that it was beer but apparently the beer is spelt with one "F".



It tasted divine though!



wyn

aripointer


Joined: 01/07/2008
Posts: 42


Message Posted:
31/10/2008 13:31

Wyn

In response to your concerns. Message 32



We carried out copious research in Northern Cyprus for some twenty years. In the interim we looked at buying in Spain each week the price of the property/land went up. At the time we were dealing with an English architect who was holding our hand. Hence Spain went on the back burner.



We now have a very nice house in the TRNC. The house was finished two months ahead of schedule in 2005.Electricity and water was connected before we moved in so we were quite pleased.



We have had problems with the builder but not insurmountable…it tests your ability to resolve the problems in a constructive manner. One thing we have found is the real Turkish Cypriots are a very proud group of people. The tradesmen we have employed have been very good indeed although slow at times.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 13:45

aripointer,



Very nice to hear about your positive experience.



Our villa is nearing completion, late of course, but excellent tradesmen, and quality build.

If only they realised the importance of effective communication!

The Turkish people we have been involved with are excellent and very friendly!



As Bradus once advised on this board. I will refrain from unconditional praise until all

mains services are connected, and we have our Kocan!





I remain quietly optomistic in respect of the property aspect of The Cyprus Problem negotiations.



wyn

aripointer


Joined: 01/07/2008
Posts: 42


Message Posted:
31/10/2008 13:49

Cont 2

Yes we were told about the legal system in the TRNC etc.It is my view until Mr Robb and his band of merry men are shipped out we are fair game to the TRNC building industry. I am sure the builders thought if Mr Robb can do it to Brits "so can we". After all he is one of us... so we are all fair game.



I am not worried about the exchange land problem nor should others. The EU and UN have already put aside the compensation money (if needed) for both sides. The money will be part of the reunification settlement in whatever format all parties decide on. Don't worry you will not have to pay for your land again.



Like you we still have a home in the UK. Mr Brown takes our money by stealth and lies.Our greatest concern is....not knowing what extra taxes he is going to burden us with in the future to get us out of the mire he has put the country in.

aripointer


Joined: 01/07/2008
Posts: 42


Message Posted:
31/10/2008 13:55

Cont 3



The goverment in the TRNC at least controls petrol and utility prices to some degree whereas in the UK it is a free for all, with very little concern for the residents on fixed incomes.



To conclude Mr Brown is pleased Mr Robb is in the TRNC. He would not tollerate having two robbers on the same patch.



Ends

fire starter


Joined: 19/06/2008
Posts: 1379


Message Posted:
31/10/2008 14:14

wyn



have you or anyone else ever met a greek cypriot who exchanged his land with a turkish cypriot in the north?

(i remember one gc guy trying to sell his land and he was having problems

but apart from him which was a sale not an exchange)

come on you know the answer to this . they didn't exchange anything.

where is the trnc guarenty on exchange land written? who has seen a copy?



this issue is just going around in circles and there will be no answers until a final solution with the cyprus talks.

ilovecyprus



Joined: 08/05/2007
Posts: 1571


Message Posted:
31/10/2008 14:26

Has anybody downloaded the CEPS report? I have only just started to read it. It's facinating



*Only 13% of the GC population believe that a solution should be based on the Annan plan. 60% strongly oppose the use of the plan



*63% of GC's and 66% of TC's would find it intolerable if they had to live on their own side of the island should reunification take place



*91% of GC's and 42% of TC's believe that the property issue should be resolved through restitution, so that affected individuals will regain control of their properties as they had them before the events of the Cyprus problem

markvpiazza


Joined: 14/08/2008
Posts: 43


Message Posted:
31/10/2008 15:11

There seems to be some inaccuracies posted as regards compensation terms set out in the AP



The formula was 1974 price + interest, the last time I calculated it, I think this equates to original price x 8



So, a block of 12 flats is built on a 2 donum piece of grazing land worth £50 per donum in 1974

£100 x 8 = £800 /12 £66.66 each



Those who bought ex-GC houses would obviously be in for a far bigger bill.



Mark

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 15:56

Firestarter,



Do not misinterpret what I have said. I was told by the Estate Agent and advocate that it was exchange land. I accepted their assurrance as to the validity, and I paid a full and fair price for the land and villa that was constructed on it.



I signed a contract that stated the land belonged to my builder, and he had a legal right to sell it. I paid stamp duty on the purchase to The Government of The TRNC (a legal demand) and a charge in my favour was registered with the land registry.



I paid my advocate who claimed to have been a Barrister of Law in the UK a very full price

for his professional services.



The land in question was undeveloped scrub land in Esentepe, and it is a small plot.



You are clearly seeking to argue and accuse someone of wrongdoing .I suggest you look elsewhere! It strikes me that I am as much a victim as anyone in this debacle!



I am happy for the matter to be resolved by mutual agreement, and I hope justice prevails for all concern

girne 29


Joined: 06/12/2007
Posts: 299


Message Posted:
31/10/2008 16:01

ilovecyprus



*91% of GC's and 42% of TC's believe that the property issue should be resolved through restitution, so that affected individuals will regain control of their properties as they had them before the events of the Cyprus problem"



Do you think that there will have to be some sort of population movement control.?

Kyrenia was mainly G.C. any form of bi-zonal govt would be useless if Greeks returned en masse to their land and property and TCs moved down to Paphos.

Would have a situation as in the sixties, with small pockets all over the place.



If in an apartment block of six, 3 owned by TC's and 3 owned by foreigners, GC's suddenly found themselves owners of the 3 vacated by the foreigners,would not slow assimilation be required of 3 TC families into that block to prevent trouble between the two brought together so quickly after so long apart.

Unlike in the past TC and GC will be living in very close proximity



Some sort of counselling might be needed .

ilovecyprus



Joined: 08/05/2007
Posts: 1571


Message Posted:
31/10/2008 17:28

Hi Girne 29



I have not read all of the report, it's a big read. What I sometimes find that statistics (like the property issue) sometimes get contradicted or annulled by other points , so as I read through the report, that might indeed be the case.



I think there can also be a big difference berween what people say and do in polls, also the difference between what is practical and what is just a dream but nevertheless I would never had guessed that such a large number of people, particularly GC's want to move. This has really surprised me. (Saying that I am not yet sure how they polled displaced and non displaced people)



That's a big operation to move so many people. It's got to be staged and would have to happen over an extended period of time. There would be lots of considerations i.e. employment, infrasrtucture etc. Yes, probably counselling and education. All your points Girne 29 are valid.



If the proposed solution is such that large numbrs can't move then there are

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 17:29

girne29,



Mammon comes readily to mind!



wyn

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 17:33

girne29,



Given that I paid a full price for my plot, and that it was exchange land, can someone please identify my plot of land in the "SOUTH" so that I can reposess it and sell it. I would have thought that it would be worth a lot more than scrubland in the NORTH!.



confused Wyn

ilovecyprus



Joined: 08/05/2007
Posts: 1571


Message Posted:
31/10/2008 17:36

ctd from msge 60



going to be lots of disapointed people, who probably won't vote yes to any plan.



One of the possible contradictions to this statistic that we are talking about is that 80% og GC's and 76% of TC's say that Turkey and Greece should contribute generously to the financial cost involved in the resolution of the property issue.



78% of GC's and 62% of TC's belive that before the property issue is resolved, a full cencus of all the affected properties should take place, in both communities, examining their current use and condition. This property census would then be used by the negotiators of the two communities in their deliberations.



I wonder how seriously the two leaders will look at this report or even consider it

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 17:55

I believe we are witnessing on this site is collective anxiety.



Both leaders have gone to great lengths throughout to assure everyone that the property



issue will be settled fairly and in accordance with International law.



There is little doubt that the EC will be pulling all the strings behind the scene, and they will



ensure so!



Lets leave the men to talk, Athens and Ankara to dictate, and The Internationak Community



to decide the outcome of this dispute.



My view, thats all,



wyn

ilovecyprus



Joined: 08/05/2007
Posts: 1571


Message Posted:
31/10/2008 18:45

come on Wyn, you started any anxiety with this thread

cyprusishome


Joined: 31/03/2007
Posts: 1132


Message Posted:
31/10/2008 19:27

Spot on ILC.



Wyn you are the only one that persists with this hypothesis over several different threads. Most of us have been fully aware of the situation for a long time and bought knowing the potential consequences.



I am sorry to add that it is threads like this that you keep raising that have the potential for causing anxiety. Let it rest and let nature and politics take its course. You and the rest of us have no say in what will result and we will have to accept it.

wynyardman



Joined: 15/12/2007
Posts: 2645


Message Posted:
31/10/2008 19:52

I was just seeking the views of other board members. It seems 66 members so far wished to share their opinions. I thought that was what these forums were for!



Surely ignoring current affairs will not make them go away.



My opinions on the subject matter,clearly expressed are that there is no reason to be concerned.



wyn

no1doyen


Joined: 04/07/2008
Posts: 2739


Message Posted:
31/10/2008 20:26

Wyn, most people who purcased exchanged land knew what they were doing and they knew what could happen in the future. Yes there arexsome people who say that they did'nt know but they are few and far between. I don't think there are any anxious people here. I for one am not concerned about the result either way. I took a chance and knew the risks involved. If I have to pay some compensation then I will. However if I am told that I have to give the property up the I'll do that as well. Not without a fight I hasten to add. I've had a property here for 6 years, to be honest it didn't cost me a lot of moneyand if I lost it then it wouldn't be the end of the world by any means. Sure there are some people who gave 'invested' their life savings here and it is those that will fine it difficult. Will we lose our properties? Who knows, we are all speculating at the moment. I wouldn't like to say either way. It's a difficult question. I hope we don't.

rowlo


Joined: 12/10/2008
Posts: 41


Message Posted:
01/11/2008 15:15

hi wyn we are new to the forum and just purchased in chelsey village we looked at all the building work going on and did have some reservations but hey dont think anyones going to be allowed to demolish half of trnc relax & enjoy

pilgrim



Joined: 11/05/2007
Posts: 905


Message Posted:
01/11/2008 15:51

Lose Villas, never thought there was even the distinct possibility, to many sold, to many deeds issued, past the point of no return for GC's or TRNC goverment who facilitated construction boom. There would be so much litigation it would never come to pass. Main players problem and they know and understand it otherwise they wouldn't be talking.

WAZ-24-7



Joined: 18/10/2008
Posts: 252


Message Posted:
01/11/2008 15:57

I think a realistic Western European ( EU and UN) approach to the property situation and its resolution would involve monetary compensation only.

People will not be evicted and even if they were recourse against the seller should be possible.



Anyone buying in TRNC should be very particular with their contract of sale.



You and your heirs and assigns should seek total indemnity from the seller against any claim whatsoever against title upon the said land, property and chattels as shown in the contract of sale.



Most developers will NOT agree to this because of the small risk of a claim.

I would certainly push for this clause and if it is not acheivable then a reduction in the asking price should be negotiated because of the obvious exposure of the buyer to claim risk.



In any event my belief is that the EU will stunp up significant cash as will both Republics. The risk of anarchy, violence.....cont

WAZ-24-7



Joined: 18/10/2008
Posts: 252


Message Posted:
01/11/2008 16:05

cont....

civil unrest, mass decline in tourism, etc will be too much of a threat to the economic status of the Island to be allowed. EU as well as North and South shurely aknowledge this.



Any buyers will have considered the fact that prices in TRNC are the best in the Mediteranean. This is reflected in the risk that purchase involves.



Budget for it at worst and at best protect your investment the best you can with contractual inclusions in your contract of sale.



Also Contracts would be best to follow British Law..you will be very lucky to get this. TRNC law is dubious and the courts in TRNC are not at all well respected.

pilgrim



Joined: 11/05/2007
Posts: 905


Message Posted:
01/11/2008 16:17

Although a good idea, personally I don,t think many sellers of property in NC whoever they may be will agree to total indemnity of title, and I don,t think their legal advisors would allow them to sign up to such a condition at present.

rowlo


Joined: 12/10/2008
Posts: 41


Message Posted:
01/11/2008 16:20

spot on pilgrim everyone should stop worrying our savings are already spent well mine are anyway enjoy

rowlo


Joined: 12/10/2008
Posts: 41


Message Posted:
01/11/2008 16:22