Not Suitable for Purchase by foreigners

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
22/05/2011 10:08

A foreigner of many mixed nationalities had applied for PTP for a property in the walled city of Famagusta i.e. pre-1974 Turkish title. after three years or so last week he was refused PTP with the reason that for security reasons it was not suitable for sale to foreigners. This clearly implies that the rejection was not in particular for this specific foreigner bt covers all foreigners. What did other rejections exactly say?

ismet

PS: In this particular case this person is not affected because he took my advice and sold it at cost price long time ago, unfortunately to another foreigner.

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
22/05/2011 11:14

A good piece of information which only reinforces what all now suspect. The Government should clearly state their official policy line to prevent foreigners wasting their time and money. It would also prevent further bad PR for the TRNC if the policy was made public!

http://www.no-deeds-no-money.moonfruit.com

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
22/05/2011 11:49

good old trnc govt....



who the hell would be mad enough to invest here now ??

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
22/05/2011 11:57

Have to agree Nick. Certainly does not give any confidence to foreigners buying in the TRNC. Which in turn has a knock on affect, to these foreigners contribution to the economic state of TRNC.

Short sightedness prevails by this sort of prevention to purchase.

ricooper123


Joined: 14/04/2009
Posts: 75

Message Posted:
22/05/2011 12:20

Just think if the government had any brains they would be dangerous ?.

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
22/05/2011 12:24

mess 5 - why do they have to think long term - turkey keeps wanging money over - why should the gov't care about anyone but themselves ??



more corrupt than Uncle Percy's hard drive..............

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
22/05/2011 12:57

msg 5;

"Just think if the government had any brains they would be dangerous ?. "



What does that make you?..............other then one with even lesser brains for living here!!

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
22/05/2011 13:01

msg 6;

Corrupt place/s seems to attract only the like minded.Perhaps thats the reason you bought here!

As for Turkey,all the while they are 'accupiers' they MUST pay.Otherwise the way out is the same they came in and invaded.

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
22/05/2011 13:15

Pipie Msg 4 It is most certainly "NOT" short sightedness from which the government suffer >> I detect a clever and "Dastardly Plan"...

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
22/05/2011 13:17

I think they should come out and state clearly that Foreigners cannot buy titled properties.

The reasons are clear. The basis of the chapter on property talks is that TCys own 30% of properties on the island. The reality is that to many have sold their lands or properties. Hence the Govt. has to act. The TCY are a small population of less then 100.000. If titled properties continue to be sold they will own little of there

territory and weaken their negotiating position.

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
22/05/2011 13:22

I think you have hit the nail on the head with your last sentence Visitor.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 13:24

Ismet, is there anything in law that prevents a TC buying this property and just giving to a foreigner. Surely if you are not buying it, that PTP is not rquired.

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
22/05/2011 13:28

The trouble is if there was a law allowing you to do that or any other action to find away around this issue is that they change the law more often than i change me socks.

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
22/05/2011 13:30

mess 7 - i got out by the skin of my teeth - leaving people like you, worzel......

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
22/05/2011 13:32

mess 8 - they "must" pay !



why ??



they rocked up because your lot were incapable of looking after yourselves against the GC's...



so 40 years on - perhaps its time to let you lot get on with it,.



but then again you wouldn't last 6 months................

DutchCrusader



Joined: 19/05/2008
Posts: 11281

Message Posted:
22/05/2011 13:43

@ msg 1, Elko2: (...) This clearly implies that the rejection was not in particular for this specific foreigner bt covers all foreigners. (...)

▶ This is not a new fact at all - it is this way for quite a long time now. Expats without TRNC citizenship cannot by within the Walled City of Famagusta. I always tell people about it and the reasons if they join me on a Famagusta Walk.

I know several people who were interested to buy an ancient Lusignan house there and most were told from the start that it was impossible. I only know one Brit who succeeded, but he is married to a Cypriot Turkish lady. Another lady from Australia succeeded to buy an ancient Lusignan house, ▶ [ http://www.allcrusades.com/BB_pics/S6002058_72.jpg ] but I don't know her background.

But there we go again - blame it on the Government. What do we care about facts and backgrounds in Walled Famagusta, eh?

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 14:22

If there is any lovely ladies out there who wish to make an investment in Famagusta, position wife numbers 2 to 7 are currently vacant and will be offered on first come first serve basis priorotised on attractiveness in correct order as opposed to reverse order.



Any takers?

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 14:26

I should have also added that, in true muslim tradtion wife no 1 has given her blessing to this venture and that any monies borrowed must be borrowed from Hala banking means and all that.



I have now placed my towel on my head and wating for offers to flood in.

pc4854


Joined: 23/08/2009
Posts: 243

Message Posted:
22/05/2011 19:58

YFred, I would offer but I do not want to live in Famagusta and my wife says the same!!!!!

MUSIN M


Joined: 26/06/2008
Posts: 1352

Message Posted:
22/05/2011 20:27

pricknell



how you can take the piss out of people the way they look with a face like yours is beyond me ,would you like me to post your picture from face book .



have you dropped a bra size yet .



musin



LONG LIVE THE KKTC

misunderstood


Joined: 08/04/2011
Posts: 1004

Message Posted:
22/05/2011 20:28

It seems fairly straight forward. Do not sell houses that have always been owned by Turkish Cypriots to anyone other than a Turkish Cypriot. Sell properties built on former Greek Cypriot land to to foreigners and Turkish Cypriots silly enough to buy them. In the event that the land has to go back to it's former owners, as usual, TRNC government has had its cake and eaten it. Oh and if the foreigners go to the ECHR, Turkey can foot the bill.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 20:31

PC only if you have a sex change, but you are too old and ugly for me. I was only trying to be helpful, I withdraw my services.

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
22/05/2011 21:11

misunderstood,re 21;



Ever wandered 'why' Turkey has to foot the bill?



Oh,and..............anyone out there been forced to buy disputed land or a house built on it?I did.But no one forced me.Just pure and simple stupidness.Are you man enough to admit to that?







and this one is to Mr RichardHead of the century:Where were the so called guarantor english?Perhaps one could describe them as ckicken poo oppourtunists.It is because of 'you' that we are in this mess.

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
22/05/2011 21:21

I am just so glad that I decided to rent !!!



Yorgo - Whilst I take your point, the Government is acting dishonestly by not coming out and making it clear that PTP will not be granted to a 'foreigner' who may be interested in buying pre 74 property.



I could also argue that whilst people were aware of the risk that they were taking by buying property that might be disputed by GC's, what they didn't expect was to be ripped off by TC builders and banks. I should also add that a large number were also ripped off by a certain G Robb !! Regardless, the government has done little or nothing to protect buyers from these rip-off merchants.



Paul

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 21:36

Should Permission to Purchase be replaced by Permission to Own? It just seems more apt. The very fact that you have fully paid for the property before getting permission to purchase makes a mockery of the system.

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
22/05/2011 22:08

The pure and simple reason for ptp is because some WILL be refused,just like any other requirement in any other place in the world.

Assuming one is aware of above before committing,and one still goes ahead and pays full/part of the amount,whose fault would that be when one is refused?

birdman



Joined: 20/09/2010
Posts: 690

Message Posted:
22/05/2011 22:24

Bradus mess. 25.



The whole point is that you should/must get PTP BEFORE you commence your build or buy an already built property. Failure to do so could give much heartache if permission to purchase is refused AFTER you have built or bought a ready made structure.

Permission To Purchase then becomes more relevant because if you can't purchase it then you can't OWN it.



Yfred mess 12 raises a valid point ............ What if the property is left to you in a will ? Would you then be allowed to OWN it ?.





Gerry

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 22:32

Yorgozuluu,

with the present covert system of not informing foreigners that they will be refused PTP on Pre 74, indeed even denying this, how would buyers know but for the information on forums like Cyp 44? Even then it will be disputed by those wishing to sell this particular deed.



How about a really simple, honest approach? The Government comes clean and then if foreigners buy, it is their own fault. However this could only happen if the TRNC identified the properties it does not wish to give PTP on.



In other words the ball is in the TRNC's court. The fault must lie fairly and squarely with the Government. Why not change the system so that PTP is quicker and then no money would need to be handed over? The system it appears wants to take but not give!



However our sentiments are the same. Never buy until you have received your PTP.

This does however mean that foreigners cannot buy under the present system.

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
22/05/2011 23:14

Bradus,

Spot on. foreigners should not buy until TRNC learns to act honestly and decently. The current system is geared to deceive. I cannot defend the current system. In fact I feel ashamed of those MPs representing me.

ismet

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 23:26

Thank you Elko2. I was getting concerned that some of the posts had began to centre on a TRNC v Expat conflict rather than simply basing debate on what is right or wrong and how do we all move forward?



It would be good to think that the majority of true TC's felt the same way as yourself . I hate this blame and victim culture, it serves no purpose.

YFred


Joined: 06/05/2009
Posts: 1471

Message Posted:
22/05/2011 23:26

Birdman I was thinking more along the lines of a gift between friends, is that possible. I am still waiting for Ismet to shed some light on the matter.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
22/05/2011 23:39

Yfred I am not a legal expert but I suspect that anything that requires a change of names on the deed to a non citizen, gift or sale, is subject to ptp.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
22/05/2011 23:42

Yfred,



What you propose is that a TC buys on behalf of their "foreign friend" They would then hold the deeds. A contract can then be drawn up to say that the legal owner (the TC) has no right to rent, sell, or alter the property in anyway, etc etc. safeguarding the foreign investor. This is a good way if you have complete trust in your friend but is it not sad that one who bought, respecting the TRNC law, has to go to such extremes?



Is it acceptable to have to ask your friend to buy a property on your behalf or step in when there are problems? However I accept that this could be a solution to some peoples predicament. It sure beats having to put it in Trust with an advocate and all the additional expenses that this would incur.

billybob


Joined: 29/03/2008
Posts: 576

Message Posted:
23/05/2011 00:12

Mess 4 you got a couple stuck up your ar*e, sore innit lol

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
23/05/2011 00:39

Foreigners need PTP before having title deeds. It makes no difference whether its a gift or inherited. Of course if you inherit it but have no PTP, you can sell it to me or even better give it to me as a gift and I will have the title deeds in trust for you

ismet

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
23/05/2011 00:41

when i buy a car

I want the log book

Stubs


Joined: 01/07/2008
Posts: 641

Message Posted:
23/05/2011 00:44

Ismet



re msg 29



As always the voice of reason.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
23/05/2011 00:47

When I buy a house I expect the deeds!

misunderstood


Joined: 08/04/2011
Posts: 1004

Message Posted:
23/05/2011 07:13

Yorg. No I haven't, as someone with an ECHR case in the system, I know why Turkey have to foot the bill.



My advice is dont buy in Cyprus North or South then you cannot have a problem. Who wants problems?

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
23/05/2011 07:52

So, now we have the definitive answer re. obtaining PTP on pre '74 Turkish Title property.



Why can't the government run ads. in 'Cyprus Toaday' and the 'Star' stating this; or, preferably, advise the British High Commission/Foreign Office, who can, in turn, relay this vital information to the general public?



However, one wonders if it would really make much difference, since so many property purchases are still being made by 'impulse buyers', who don't heed anyone's advice.



'It's such a luverly place - innit Mavis - an' O'ive always wanned me own villa like all them posh b*st*rds! So see that new wun we'll gerrit tuday, cos this nice salesman - real gennelman 'e is - says if we don't mek up our minds by dinnertime, we'll lose our chance!'

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
23/05/2011 08:32

like......Lambs to the Slaughter........

Visitor


Joined: 19/08/2010
Posts: 492

Message Posted:
23/05/2011 09:02

Amazing - you tell people they cannot and should not do it. There is tons of good advise, websites etc

But still people try to be clever!

Zoots


Joined: 05/02/2011
Posts: 669

Message Posted:
23/05/2011 18:35

It's a bit like the Darwin Awards except these ones are allowed to live (minus all their savings) "pour encourager les autres"! Could it be some kind of natural justice?