Looking to buy a villa in Northern Cyprus any tips and tricks

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 17:20

Hi Im Jason and Me and my wife are thinking to move to cyprus i would like to find out what i need and who to go to?

vicky84


Joined: 16/01/2011
Posts: 140

Message Posted:
08/09/2011 17:27

hello, Jason !





Welcome aboard!



few RULES in buying property in TRNC



BUY finished one,or from reliable builder



check if TITLE DEEDS are ready!



BUY re-sale -safes you VAT and other money, coz there are many extra costs



around 10% on a top of the price.



Good luck and if you need any help finding right on check our website RE/MAX golden estates north cyprus

tomsteel


Joined: 22/06/2009
Posts: 482

Message Posted:
08/09/2011 18:16

Rent, DO NOT buy

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/09/2011 18:54

Hi Jason,



Please e mail me brod@brod.karoo.co.uk



Paul.

russianbabe


Joined: 19/08/2011
Posts: 130

Message Posted:
08/09/2011 19:01

DO NOT BUY

RENT

forum readers please advise this people

nicola


Joined: 06/09/2011
Posts: 246

Message Posted:
08/09/2011 19:03

do not buy, please read multiple threads on this topic.

greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
08/09/2011 20:02

Hi Jason, don't take the warnings you have been given about buying in North Cyprus lightly. They are well intentioned from people who are still, after many years trying either to get their paid for house, or ownership through getting the deeds (Kocan).

Have a look at theses sites:

http://www.hbpg-trnc.net/ - to find out what you need to look for in your potential purchase

http://www.facebook.com/home.php?sk=group_144931625579220

Search this site, and then if you are still considering BUYING in the TRNC vist your doctor as you have a mental illness.

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 20:07

Whats the risks



My budget is £800.000 and we want it in a good location also we want to buy a car like a Range Rover?

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 20:08

Why rent if you dont mind me asking?

greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
08/09/2011 20:21

The risks?? The risks are that you will lose ALL your money.

Car purchase and importing is very expensive. Think Mazda 3 rather than Range Rover (only builders can afford those!!)

Have a look at this car site: http://www.tigatrading.com/ but note how old the cars are.

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/09/2011 20:23

Justme. Have you read any postings on this forum before joining? if so you should have read all about the problems with buying and why people tell you to rent. Have you been to North Cyprus?

greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
08/09/2011 20:34

It's a wind up.

Company director of KPMG LOL

£800,000 to spend LOL

Well done Justme, thought you were genuinely wanting help and the good people on this board responded.

Shame on you for abusing their good nature.

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 20:51

This isnt a wind up i wanted information whats the process and whats wrong with where i work im sorry i dont know what i have done wrong here.



So majority is saying not to buy but to rent why is that then? is there an issue from buying a villa.



Im new on this forum and i am trying to understand the rules of buying before i make a mistake

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
08/09/2011 20:53

Justme,



You could buy the TRNC for that amount!

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 20:57

Whats the meaning of this is anyone going to help please?



Is there any good estate agents i can contact please?

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
08/09/2011 21:12

Jason

There are a lot of wonderful places in the world to safely spend £800,000 on a property, where you can rely on a lawyer to represent your interests, who owes a duty of care to their client and has indemnity insurance; likewise there are places where you will get your title deeds and not have to apply to the government for permission to purchase and then be refused 2 + years later having paid for the property in full; there are places where you wont be refused permission to buy a property because you are British; there are places where it is a criminal offence to defraud people. I could go on but all I will say is that North Cyprus is not one of those wonderful places to buy a property..

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
08/09/2011 21:14

Hector



I think your fantastic

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:15

So basically your saying its not good to live in TRNC then?

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/09/2011 21:16

Justme. Have you been to North Cyprus?

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
08/09/2011 21:29

Jason

There is a huge difference between living somewhere and buying a property there as all too many people have found to their cost.

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:30

Oh my goodness ive been a few times just on holidays but i found TRNC beautiful place to live.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
08/09/2011 21:34

Jason

There is a huge difference between having a holiday somewhere and living there.

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
08/09/2011 21:36

Justme



Beauty is in the eye of the beholder :-(

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:37

Really? well thats what im trying to find out so is it bad or good to live there what would you recommend for me not just from you but i want to know from everyone.



Thank you

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:39

Well i know this might sound silly but why do you live in the TRNC if its that bad doesnt make sense to me?

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/09/2011 21:42

Justme,

Please look at mess 4,



Paul.

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:44

thanks Paul i will email you shortly.

paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
08/09/2011 21:45

Justme

You have joined a forum where most posters have an issue on property and this is where they vent their anger.

tomsteel


Joined: 22/06/2009
Posts: 482

Message Posted:
08/09/2011 21:49

Ref msg 28 - or their frustration.

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 21:50

I see im sorry if i have upset anyone i had no idea how bad it was, but yet i dont understand if its that bad why dont people just come back? no offence.

Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
08/09/2011 22:05

£800,000 is a lot of money regardless of your annual income and unless you can afford to LOSE £800,000 then don't risk it, at least off plan!!! However, there are some absolutely beautiful houses (variatable mansions) for £500,000 and upwards that have all the paper-work necessary. All you would have to get is your P 2 P.



Please dont ask silly questions (however well meaning) as to why people don't return to the UK. It is a buyers market and houses are going for stupid prices, at least by those desperate to leave here. Most people here have knowhere to go in the UK and are in negative equity in the KKTC.

stelee77


Joined: 06/06/2011
Posts: 557

Message Posted:
08/09/2011 22:05

message 17



The reaction says it all.



Buying property is fine just use your loaf and learn the pitfalls,there is half a dozen people who dont want to see people buy without problems to them it's like rubbing salt in the wound.



I asked these questions and the happy people who have bought without problems easily won the arguement that you can buy without problems if you use your head,the problem is the half a dozen people on here are relentless and they cant be bothered to argue anymore because they are happy.



stay away from off plan and use your head,do a lot of research and your be fine.

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
08/09/2011 22:07

Life is what YOU make of it.

I have learnt a lot of things I wish I had known earlier.

- DO NOT buy off Plan

- Buy a resale with kocan

- Use a good Estate Agent - My Estate Agent (Benan Kursat) of Remax in Girne has been fantasic. She's excellent and has supportive thoughout the problems we have encountered I highly recommend her.

- Use a good Advocate

- Advocates DO NOT have a 'legal' DUTY OF CARE as in the UK and this can lead to problems.

- Have it written in your contract that the Advocate has declared that the purchase has been made under 'safe' conditions with no risks to you.

- Ask for all information provided by the Advocate to be in writing - not phone calls. Ensure any phone calls are backed up in writing.

- Ensure that your Contract of Sale has on it what YOU want on it, ie that you have been advised that the property does not have a mortgage on it, is risk free and that any problems found within an agreed period of time are repaired by the previous o

Justme


Joined: 08/09/2011
Posts: 16

Message Posted:
08/09/2011 22:15

Sounds like too much hassle for retirement for, you see im 45 not getting any younger thought it might be a good idea but now i dont think i would even step foot in TRNC thanks for all your comments and advices.



All i can say is good luck to you all better you than me i guess but people should not be scared and come back UK what can i say it opened my eyes now.



Thank you

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
08/09/2011 22:17

Hildy



Your one lucky lucky lady! only a toe in the shark infested waters

vesela


Joined: 13/08/2010
Posts: 174

Message Posted:
08/09/2011 22:21

Hi Justme I am leaving in North Cyprus 4 years and i find it nice place.Ofcourse there is some minuces but i cant see any plase all over the world without it.So if you decide to come and live here follow your dreams. If you need any help you can contact me on geolineinvestments@gmail.com or +90 542 858 1969 +90 533 858 1969 I can offer you lots of villas on a price lower then your budget.

I hope to hear from you !

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
08/09/2011 22:24

Thats another one frightened off then,



Paul.

stelee77


Joined: 06/06/2011
Posts: 557

Message Posted:
08/09/2011 22:28

Well done hildy smith you are a credit to the ex pat community.

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
08/09/2011 22:31

You will be able to buy a beautiful villa and put a lot of money in the bank - banks here that I know of offer between 6% and 10% interest on high interest accounts with only a monthly contractual period.

As I said there is no DUTY OF CARE here, therefore you will need to ensure that you tie your contact up so tight that it covers any related 'duty of care' matters - if you advocate does not agree find another one.

Living here is no problem. I have just returned from 3 weeks in the UK (yesterday) and I am glad to be back home. Due to the recession I was amazed at the high prices in the UK now.

It is a good idea to rent here - I do not have the bouse I purchased and I now rent a property and wished I had done it in the first place and put the money in the bank. (Remax also do rentals). Also if you are renting here you can find out at first hand what the problems are and how to overcome them and base your decisions on them. It is wise also to try different areas first

Good l

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
08/09/2011 22:33

So a Company Director of one of europes leading accountancy - insolvency companies come on here with £800k in his pocket asking us for info about NC ?



Is it April 1st

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/09/2011 22:38

stelee77. So you have bought a property without any problem have you?

It didn't take Justme long to change his mind, did he ever have any intention of moving to NC I ask myself, another wind up. The Company Director should have had his Secretary doing the typing.

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
08/09/2011 22:39

Woody, KPMG have Partners not Directors that was the give away.

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
08/09/2011 22:41

Bloody hell - some people never learn



Turtle - the voice of reason.

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/09/2011 22:47

stelee77. Hildy had a lot of problems not yet resolved buying a property, she now rents, I am sure she did the homework and research you keep on telling people to do and they won't have a problem.

stelee77


Joined: 06/06/2011
Posts: 557

Message Posted:
08/09/2011 23:00

44

Hildy has a great attitude if you read her post she warns people of the pitfalls,she is not bitter and twisted and she has given an accurate guide on how to buy safely.



Off plan is risky anywhere



How nice is that helping others although having her own problems.

russianbabe


Joined: 19/08/2011
Posts: 130

Message Posted:
08/09/2011 23:11

this does not sound real at all

who tells other people their budget?especially 800 000 pounds

who tells other people where they work and their position?

who do you think you are kidding mr hitler

Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
08/09/2011 23:20

Justme was unreal, he has been sussed so he has now signed off.

greenman


Joined: 16/02/2008
Posts: 526

Message Posted:
08/09/2011 23:21

Exactly russianbabe.

This post should have stopped at message 12 (or sooner)

brumboy


Joined: 15/05/2009
Posts: 25

Message Posted:
08/09/2011 23:56

Lots of tosh posters on Cyp 44 lately...think it is "odd " holidaymakers to tell the truth. Have to say they are ruining what was once a great and and informative forum.

hattikins


Joined: 17/02/2008
Posts: 2793

Message Posted:
09/09/2011 02:28

This all sounds very familiar to me, I think we've been there before somehow.

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
09/09/2011 03:22

Indeed - I believe it may have been earlier today.

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
09/09/2011 07:32

And here was me thinking it was Justme !!