Property part exchange

unclebrin


Joined: 23/09/2010
Posts: 23

Message Posted:
03/03/2012 11:55

Hi



Do many people consider a part exchange on property due to the slow moving market.



I have a villa and would exchange for an apartment and cash.



Is this feasible or does this just to happen?

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
03/03/2012 12:16

would you be interested in a tin of boot polish ? (brown, part used).......

onehand


Joined: 06/01/2012
Posts: 13

Message Posted:
03/03/2012 12:24

Ask a reasonable question and get a stupid answer!

Chris and Sue


Joined: 07/08/2008
Posts: 272

Message Posted:
03/03/2012 12:37

Hi



Can you let me have your email address so I can contact you? Not on your profile.

Thank you

Sue

Kaymak


Joined: 07/12/2009
Posts: 474

Message Posted:
03/03/2012 12:41

Hello,



I would like to exchange my apt (135sqm) in Central Kyrenia with full deeds. I am looking to get a villa as I have kids and need of a small garden. Locations prefered are Catalkoy,Dogankoy,Karaoglanoglu,Karakum and Alsancak. Anyone interested please email me on :



noyanlarsite4@gmail.com

maria1


Joined: 19/10/2009
Posts: 167

Message Posted:
03/03/2012 13:23

A good post and could help a lot of people out who are trapped and cannot move on without selling. Anyone considering this really should consult a lawyer to protect themselves as there are lots of things to take into consideration such as title deeds, transfer of title, property taxes and if on a communal site check if the maintenance fees paid up to date etc. You would also need to re apply for PTP, change your will.

suehowlittle


Joined: 31/10/2010
Posts: 1202

Message Posted:
03/03/2012 15:41

Just as an aside, in the event of a straight swop of properties. Would the 6% still be due even if no cash changed hands?

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
03/03/2012 17:26

Would you get PTP on both

at the same time?

magolina


Joined: 06/12/2008
Posts: 461

Message Posted:
03/03/2012 19:24

sounds a good idea . I have a large villa would like to change for bungalow

unclebrin


Joined: 23/09/2010
Posts: 23

Message Posted:
03/03/2012 20:37

Thanks for all the replies. My daughter is 13 and had a stroke last year whilst

We were on holiday. She has a small brain tumour and we due to treatment we are unable to travel.



We own a villa in sweet water bay tatlisu. We are really happy both the development and property.

I would consider an exchange for an apartment and cash. Basically a villa is too extravagant to keep

With the limited use I can now have.



My email address is glennwelby@gmail.com

northcyprus74


Joined: 11/01/2012
Posts: 275

Message Posted:
03/03/2012 21:39

Hi Glen



Please contact me off board, we may have a few alternatives for you

unclebrin


Joined: 23/09/2010
Posts: 23

Message Posted:
03/03/2012 22:51

Hi north Cyprus 74



Can you send me your email address



Regards



Glenn

unclebrin


Joined: 23/09/2010
Posts: 23

Message Posted:
04/03/2012 20:44

Can anyone help with an email address for north Cyprus 74



Glenn

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
04/03/2012 20:47

email is , northcyprus44@gmail.com

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
04/03/2012 21:02

This exchange idea is very good.



What are the implications ? is there a "decent" advocate in the house ?

babyheritage


Joined: 31/01/2012
Posts: 72

Message Posted:
04/03/2012 21:37

What is PTP in Turkish?

unclebrin


Joined: 23/09/2010
Posts: 23

Message Posted:
04/03/2012 21:49

Thanks for that.



I think there are some sensible questions being raised but it's worth exploring if you can find a swap that mutually suits both parties.



If you both have p t p could you not simply assign the property to each other in the same way a developer does when you purchase initially

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
04/03/2012 22:30

Msg 16



izin -e satın alma





I think !

TRNCvictim


Joined: 17/08/2010
Posts: 1417

Message Posted:
04/03/2012 22:32

unclebrin



I unfortunately don't know the answer to your question! but knowing the TRNC, I think it would require an awful lot of money!



Maybe Ismet could help answer the question:-



If 2 properties both have their Permission to Purchase could you not simply assign the property's to each other legally obviously with money differences taken into account?

Turtle


Joined: 28/05/2007
Posts: 2669

Message Posted:
04/03/2012 22:51

I was told a few years ago that if you wanted to sell an apartment and buy a villa you have to go through the whole procedure again including PTP.



That may have changed now and I suppose a "swap" deal may be different.