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property market in TRNC

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» North Cyprus Property Development Reviews

» Property Buying Guide to North Cyprus



coolkid


Joined: 24/07/2008
Posts: 64

Message Posted:
19/01/2009 20:16

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Message 1 of 4 in Discussion

the property market in the UK is dire due to lack of confidance and the availability of finance unless you have at least 25 to 30 % deposit how is it effecting trnc.



pilgrim



Joined: 11/05/2007
Posts: 1404

Message Posted:
19/01/2009 20:30

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Message 2 of 4 in Discussion

TRNC has enough problems, loss of equity in UK probably adds to them, but title questions and talks outcome uncertainty probably doing most damage.



Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
19/01/2009 21:05

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Message 3 of 4 in Discussion

Not to mention corrupt/incompetent lawyers, builders going bust, site maintenance costs scams, unfinished roads, kocan blackmail etc. etc



wackyjim



Joined: 04/06/2007
Posts: 760

Message Posted:
19/01/2009 21:16

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Message 4 of 4 in Discussion

3 of my neighbours in Alsancak have had their properties on the market for the past year. I have just received an e-mail from one of them over this weekend to say that all of them have now sold!!!

I am amazed as I too thought that the market in NC was dead and buried but obviously not..



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