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Stewart
Joined: 19/07/2008 Posts: 1107
Message Posted: 10/05/2009 08:59 | Join or Login to Reply | Message 1 of 17 in Discussion |
| Does anyone know when this was built..and was it built on "GC" land? |
cypwine
Joined: 09/05/2009 Posts: 177
Message Posted: 10/05/2009 09:37 | Join or Login to Reply | Message 2 of 17 in Discussion |
| as far i know it is built on gc land, why do you ask ? |
Stewart
Joined: 19/07/2008 Posts: 1107
Message Posted: 10/05/2009 09:49 | Join or Login to Reply | Message 3 of 17 in Discussion |
| Just wondering....the Greeks are very keen for it to open for international shipping...as they still own it..why do they not go to the courts for repossession as in the Orams case? |
cypwine
Joined: 09/05/2009 Posts: 177
Message Posted: 10/05/2009 09:52 | Join or Login to Reply | Message 4 of 17 in Discussion |
| i`m sure it will all come out in the wash after the cyprus solution is finalised. |
AlsancakJack
Joined: 14/08/2008 Posts: 5762
Message Posted: 10/05/2009 10:11 | Join or Login to Reply | Message 5 of 17 in Discussion |
| Stewart 'why do they not go to the courts for repossession as in the Orams case?' So has the Orams home in the TRNC been repossessed? All that has happened with the Orams is there may be a remote possibility that they will have their UK assets seized. How could anyone seize their land and villa in the TRNC? |
Stewart
Joined: 19/07/2008 Posts: 1107
Message Posted: 10/05/2009 10:28 | Join or Login to Reply | Message 6 of 17 in Discussion |
| Hi.....just thinking....Turkish goverment assests could be seized in the UK ( based on the same ruling )..as they are the "occupiers"?..or perhaps this would be too big a case...GCs would rather pick on a retired couple? am I correct in thinking this? |
cronos
Joined: 26/10/2008 Posts: 2093
Message Posted: 10/05/2009 10:45 | Join or Login to Reply | Message 7 of 17 in Discussion |
| Aces...msg 7 If there was even the remotest chance that they could do it...then they would have tried ! As someone else said...it's easier to pick on individuals as soft targets to make an overblown,misguided and ultimately futile political statement. |
Stewart
Joined: 19/07/2008 Posts: 1107
Message Posted: 10/05/2009 10:51 | Join or Login to Reply | Message 8 of 17 in Discussion |
| Dear aceshigh....sure...if it is built on GC land Where does it all stop...pretty stupid picking a costly fight with no happy endings. Thought the GCs were offered their property back, under the Vienna agreement signed in 1975 between the Greeks and Turks..surely they gave up their "rights" at the time? and again through the IPC? |
cronos
Joined: 26/10/2008 Posts: 2093
Message Posted: 10/05/2009 11:01 | Join or Login to Reply | Message 9 of 17 in Discussion |
| Anything is possible in theory.....but in the real world we all know it wouldn't happen. You have to think about the reprisals. |
Bradus
Joined: 25/02/2007 Posts: 2641
Message Posted: 10/05/2009 12:22 | Join or Login to Reply | Message 10 of 17 in Discussion |
| If what I read on the other forums and pro GC newspapers is true, there will be a a steady but sustained flow of claims and legal battles with a view to keeping this in the public domain. Remember this has never been about getting compensation or land returned for some GC's, it is about doing everything possible to prevent more homes and land being sold to foreigners. The message they wish to give to the rest of the world is "if you buy in the TRNC you will never truly own the property it belongs to the original owner". This action cripples the construction industry and has a massive impact on the TRNC's economy. There are several other Orams type cases currently being pursued. We will no doubt hear of these over the next few months. Finally with a view to causing even more damage to the economy, there is the real worry, that some GC's ( ? financially supported by the government) will now also start actions against Hotel owners and Casino owners. |
Dusterbruce
Joined: 03/08/2007 Posts: 1125
Message Posted: 10/05/2009 21:50 | Join or Login to Reply | Message 11 of 17 in Discussion |
| It is my understanding that hotel owners in the North pre-74 had their loss compensated by being given government 'help' to build new hotels in the South. |
cypwine
Joined: 09/05/2009 Posts: 177
Message Posted: 10/05/2009 22:15 | Join or Login to Reply | Message 12 of 17 in Discussion |
| msg 14 some hoteliers did get help from the roc goverment to start over, but they are still the legal land owners of the hotels being used by the mainlanders. |
rtddci
Joined: 29/12/2007 Posts: 842
Message Posted: 10/05/2009 22:19 | Join or Login to Reply | Message 13 of 17 in Discussion |
| AJ "All that has happened with the Orams is there may be a remote possibility that they will have their UK assets seized" 'Remote possibility'? You didn't once work as a spin doctor for our glorious labour government by any chance? |
rtddci
Joined: 29/12/2007 Posts: 842
Message Posted: 10/05/2009 22:23 | Join or Login to Reply | Message 14 of 17 in Discussion |
| A friend of mine in the south had this letter published in th Cyprus Weekly. He paid for it when his car was blown up. 'Some would says it serves the Orams right for buying in the North, no security, no title deeds. Well I bought in the South, no security, no title deeds, see the difference? The problem for Cyprus is the average Brit just sees it is no longer safe to buy here, ‘per se’. Contrary to popular belief the British have little knowledge of the North/South divide and even less interest in what caused it. Why on earth should they? They are however concerned about bad publicity. Spain’s building industry was in decline long before the ‘credit crunch’. Headlines referring to the string of property scandals, corruption, oversupply of housing, dodgy legislation, and "land grab" laws, along with the demolition of houses bought in good faith by expats killed the market dead. Over 97% of building in Spain had already stopped before the problem with sterling.. cont |
rtddci
Joined: 29/12/2007 Posts: 842
Message Posted: 10/05/2009 22:24 | Join or Login to Reply | Message 15 of 17 in Discussion |
| cont ... 'If you could change Spain to Cyprus, the only difference here is we are still in denial and still building for the day the customer will return. Truth is we like the British money, just don’t like the British. Well Cyprus don’t hold you breath. Indifference to our customers, poor construction, leaking roofs, along with the title deed fiasco has also killed the market. We have now have 50k empty buildings, shops and houses many of which will remain unfinished, and Cyprus needs more unfinished developments to add to the character of the Island. Then there is the problem with the €3-4b owed by developers, raised against land which has been sold on to their customers, and the denial that there is any financial problem here with the banks. So when will the light dawn and the bubble burst? We all know people are going to lose their homes. It’s not if, but when.' |
rtddci
Joined: 29/12/2007 Posts: 842
Message Posted: 10/05/2009 23:45 | Join or Login to Reply | Message 16 of 17 in Discussion |
| I thought the above would draw one or two comments at least. Perhaps I should start a new thread? |
cronos
Joined: 26/10/2008 Posts: 2093
Message Posted: 11/05/2009 00:10 | Join or Login to Reply | Message 17 of 17 in Discussion |
| Martin.....maybe reality fatigue is setting in ? |
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