Immovable Property Purchase in North Cyprus

basheer



Joined: 22/12/2008
Posts: 949

Message Posted:
03/11/2011 15:34

Dear Client, 2.11.2011

Re: Immovable Property Purchase in North Cyprus





This e-mail inevitably will be sent to all our clients on our e-mail system so please just ignore it if you are not involved in immovable property purchase in North Cyprus or if you are registered title holder already or sold your property to others.

I was intending to write to our clients in the process of obtaining deeds and specially to those who lodged with us charges and taxes for a while. The valuation since 2008 was more or less based on the contract price because since 2008 contracts stamped and registered with Tax Offices and Lands Offices but lately we started getting very high valuations over the contract price. When we disputed this with the Lands Offices they said this is the current value taking into account plot size and square meter of the house or apartment. So I was going to write to all the client

paddywack


Joined: 04/05/2009
Posts: 959

Message Posted:
03/11/2011 15:54

Sounds like the one floating about from Akil.

Deniz1


Joined: 28/07/2009
Posts: 3829

Message Posted:
03/11/2011 22:18

He of the wet fish handshake yuk.

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
03/11/2011 23:05

My goodness



Your all learning slowly but surely

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
04/11/2011 12:54

so how many people selling their houses since 2008 have obtained a higher price than the contract price?

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
04/11/2011 13:03

This is what the lands office was /is doing to buyers in the roc so government sponsored

contract price 200,000 euro their valuation 200,000 euro .The trouble was the market value had fallen over say 5 years to 150,000 euro Also non cypriots were being charged on a higher value to cypriots