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Investment advice in North Cyprus

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ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
15/11/2011 23:21

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Message 1 of 4 in Discussion

A)Property (Kochans in hand)?

B)Cash in bank,Buy when TL high, sell when low, live off the Interest and rent?



And No!!, the builder/Developer hasn't mortgaged the land, so the Doom and Gloom merchants need not respond.



Cheers



No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
15/11/2011 23:28

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Message 2 of 4 in Discussion

Do nothing at the moment. Wait and see what happens at the end of the 'talks'



walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
15/11/2011 23:36

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Message 3 of 4 in Discussion

A = only ever if you can get the Deeds, depending on whether you actually get the PTP

B = Cash in Bank, but only limited up to the guaranteed sum, Buy high/sell low is normal, no longer a guarantee that you can live off the interest, and renting in TRNC is good ... whilst taking advantage of the best travel industry offers!



blade


Joined: 19/06/2010
Posts: 1286

Message Posted:
16/11/2011 12:18

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Message 4 of 4 in Discussion

I would say invest elsewhere, does it have to be the TRNC?



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