I need some Buying advice

xTinkx


Joined: 27/08/2009
Posts: 4

Message Posted:
27/08/2009 17:02

Hi All





Have read through some of the posts on here and now have my own question.........



Looking to buy 4 bedroom villa (already built) with sea views, maybe a marina, walking distance to amenieties, possibly an ex pat area



where do I start?



Thanks in advnace for your help

xTinkx

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
27/08/2009 17:04

xtinkx. You stated that you had "read through some posts on here....."



What posts did you actually read through that prompted you to ask the question?

gooligan


Joined: 30/01/2007
Posts: 1591

Message Posted:
27/08/2009 17:05

Does it have water and electric connected?

That would be my first question.

2nd would be is there any mortgage on the land.

xTinkx


Joined: 27/08/2009
Posts: 4

Message Posted:
27/08/2009 18:52

Thanks guys - in reply to msg 1 have just been browsing through and reading the posts in general and you are all really helpful



Really looking for some advice with regards to estate agents who may be able to help or any to avoid and also your suggestions/recommendations on which areas would be good for me to look in. Looking for somewhere which would be good for elderly relatives to visit (hence close to amenities) but also somewhere which would be good for holiday rentals

philnles


Joined: 11/08/2008
Posts: 413

Message Posted:
27/08/2009 19:28

We used Stringer Estates and found them to be very helpfull. The only thing I would say is to buy a resale, there are some really good bargains to be had, do not buy off plan, no matter what you are offered. Lapta, I think, is a nice area.

the butler


Joined: 22/06/2007
Posts: 1958

Message Posted:
27/08/2009 19:30

Hi xTinkx,



I could recommend 2 estate agents Ian Smith and Donaghy & Beyler. I would buy a resale property, where the owners have already got title deeds in their posession. It would depend what you like on a holiday, if you like bars and restaurants then West of Kyrenia would be best but be warned it can be noisy from these bars discos etc. If you like it quieter then East of Kyrenia is best, Catalkoy and even up in the village of Esentepe might suit.



The butlers wife

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
27/08/2009 19:50

mess 7 - obvious attraction of Esentepe village is your's truely and the Mongers...

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
27/08/2009 20:22

xTinkx

though I personally hate it ,has to be Esentepe area for what you want.Expats and Marina , Dont know what stage the marina is at.

On no account buy offplan and only buy where the owner has title deed .



The info is all on this site and on HBPG.

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
27/08/2009 21:30

Whatever you decide

- DO NOT BUY OFF PLAN

Take the advice given, buy a re-sale or built property with title deeds

or you could be in the same mess as a lot of us in the future.



Remax in Kyrenia main street are excellent - I do not know how we would have coped with the problems we have had if it were not for Remax.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
28/08/2009 00:24

xtinkx

Best advice is DONT. Especially if you may have to rely on a rental income. Well done on finding this forum. Really read what people have written on buying in the TRNC.

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
28/08/2009 01:03

Hold off until new laws are introduced that safeguard buyers. The risks of something going wrong are high. You simply need to read what is on this forum to see what could and has gone wrong. Builders taking the money and never delivering, PTP refusals, Mortgages taken out by the developer on the house and land you have paid for, builders demanding that buyers pay their taxes, never receiving the title deeds.............and the list goes on.



Rent, its a lovely island and renting is cheap. Don't gamble with your money because that is what you would be doing. Sorry to be so negative but the above is reality for many purchasers.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
28/08/2009 10:07

Hector and Bradus have put the ring round it - ignore them at your peril!

xTinkx


Joined: 27/08/2009
Posts: 4

Message Posted:
28/08/2009 10:36

Thanks guy - i knew you would be able to give me some sound advice. I will keep you updated and how things progress and will no doubt as k you more questions in the near future



Thanks again



xTx

xTinkx


Joined: 27/08/2009
Posts: 4

Message Posted:
28/08/2009 10:36

Do you know when the new laws are being introduced?

MarkVPiazza


Joined: 14/08/2008
Posts: 530

Message Posted:
28/08/2009 11:53

I would not buy in the TRNC - too many risks as there are no effective laws concerning property, the legal profession are virtually worthless and government rules and regulations are constantly in danger of change.



Mark

Reg55



Joined: 07/07/2008
Posts: 110

Message Posted:
28/08/2009 12:25

Hi xTx



What is your budget ?



I am selling my 4 bed in Karsiyaka (can be seen on villasalecyprus.webs.com ).



Been in it 5 years. No probs with builders or title.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
28/08/2009 12:51

Try not to join the 'It can't happen to me' brigade!



MarkVPiazza/Msg 16 has corroborated what Hector & Bradus have already posted.



I bought pre '74 Turkish Title and was refused PTP.



Remember, HBPG are only an email away - so are ABAG!

IvorBankloan



Joined: 14/08/2009
Posts: 180

Message Posted:
28/08/2009 12:54

humbug !!

Avoid Unwin Estates and Alpan Uz.

If the land owner is Mustafa Baykan he is in legal battles with Alpan Uz over several projects including the one I bought into so you could expect a long delay ( 3-4 years in my case) or non delivery and no refund.

Be careful and avoid the pitfalls of others

elkiton



Joined: 15/03/2009
Posts: 514

Message Posted:
28/08/2009 16:39

Hi, been here full time for 18months, long enough to get a handle on just about everything...also bought off plan.

If you want to hear an "interesting story" first hand and my thoughts as to if I were to do it again, here or elsewhere, and how I would set about with the benefit of hindsight, drop me a line privately or call.

TonyE

05538444882

elkin_tony@yahoo.co.uk

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
28/08/2009 19:15

Do not buy pre 74 Turkish Title Deeds you will never get PTP.

Hector


Joined: 26/08/2008
Posts: 2352

Message Posted:
28/08/2009 19:24

So there you have it, DONT buy in the TRNC. Simples as someone else so eloquently puts it. Damn shame but there you go.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
28/08/2009 21:39

Bradus

What new laws? Hope you are right ,but after 5 years of "tough luck" why would things change now.

andre 514


Joined: 31/03/2008
Posts: 1163

Message Posted:
28/08/2009 21:45

emma,



how well do you know north cyprus?



andre

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
28/08/2009 21:51

andre - please, take a fool's advice and don't even go there.



Regards.



Jean

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
28/08/2009 22:36

Message 23



Girne 29,



I did not mean that new laws were about to be introduced just that under the existing laws it is not advisable to purchase as there is no protection, in fact there is outright discrimination towards foreign buyers.

HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
30/08/2009 10:46

I bought off plan from Cafer Yucelgazi (Also: CaSa, Aspire Tourism, Aspire Trading Ltd, Aspire Construction Ltd-who knows what else?) The land owner By Hasan Sungar President of the Estate Agents Union. I got an Advocate (I thought) Ayhan Sener who is a TC born in London (turns out she the advocates wife). She conducted all of the initial business-when I asked- what happens if Cafer goes bust/dies she said 'you will own whatever is there at the time i.e. if their is only the Karkus you will own it and you can get someone else to complete it' Well well well, 3 years on all of this has happened and we cannot do that. We thought that we had covered our backs - but unfortunately we are now in Yucelgazi/Sungar/Sener Shxx. By all means go to TRNC, but rent - there are expat rental properties which are excellent value. Now apparently Cafer is trying to buy the land from Sungar - How?? he has no money, why would Sungar selling to someone who has a reputation for building disasters in TRNC

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
30/08/2009 12:38

Tinkx - My 4 bdrm 3 bath 2 storey genuine pre '74 Turkish Title would be ideal for for you because it features all the attributes you seek. We bought this house because of ease of access, i.e. no steps to negotiate - this was vital as we had our wheelchair-bound uncle.



Even though you are unlikely to be granted PTP, pre '74 Turkish Title is still the safest buy in TRNC - this is indisputable.



If interested, please post contact details and I'll get back to you.

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
30/08/2009 12:51

Tenakatou...."Even though you are unlikely to be granted PTP"



Your honesty is admirable and says a lot about you as a person.



This is the route we will go down if and when we decide to sell our Pre-74 Turkish Title 3 bed apartment.

girne 29


Joined: 06/12/2007
Posts: 1488

Message Posted:
30/08/2009 13:10

Tenakatou

"Even though you are unlikely to be granted PTP, pre '74 Turkish Title is still the safest buy in TRNC "



Confused ,how can pre-74 be safest then? Without Title ,one has paid , but hasnt bought anything.



Surely.safest would be the in order.



Exchange with PTP

Pre-74 no PTP

Exchange no PTP

TMD

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
30/08/2009 13:11

Cronos: Whether or not 'Honesty is the best policy', I've always tried to make it mine - unlike the estate agent and 'advocates' I've had the misfortune to encounter!



Actually, otherwise, we have a great lifestyle here!



The only reason we're selling is that I need to be living in New Zealand to draw my pension, so I need to return ASAP.



However, since Turkish Title is now commanding premium prices, no way will I be giving our house away!

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
30/08/2009 13:24

Tenakoutou....."However, since Turkish Title is now commanding premium prices, no way will I be giving our house away! "



The same applies in our case....because it is in such short supply there will always be a market for it....apparantly TC's and British TC's won't touch anything else.



However,it is only right and fair to point out,as you have done, to any Brit/foreign buyers who may still want to take a chance to acquire "internationally recognised" title deeds,that PTP is unlikely to be granted.



However,to try and put a bit of positivity on this , this is the TRNC....laws change monthly,the "settlement" talks are still ongoing....who knows what the rules will be in 2 or 3 years time?

cyprusairsoft



Joined: 22/06/2009
Posts: 2066

Message Posted:
30/08/2009 13:53

xtinkx there are many people on this post who will be happy to put you off buying here



most are gc infiltraters and do there best to disrupt this site.



take knowledge from people on the forum who are in the know look round you will soon see who they are



happy house hunting and good luck welcome to trnc

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
30/08/2009 14:18

xTinx: The British Foreign Office issue the best advice for those contemplating property purchase in TRNC, also RoC.



Nobody, but nobody can argue with such guidlines.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
01/09/2009 09:05

I reiterate: read Msg 34 - because, whether right or wrong, members' posts must be deemed as 'unofficial' information.

cyprusairsoft



Joined: 22/06/2009
Posts: 2066

Message Posted:
01/09/2009 09:55

You'll be making out paint-ball fans are ex-special forces next.



nice one hookie no thats not what i am saying just avoid the deliberate posts that are trying to put off people.

nothing wrong with helpful posts



my profile says nothing about paintball and special forces but i have completed all security programs in relation to vip bodyguards getaway and the likes. i have freelanced in oman and other places but dont see that as any of your business. we could of course hook up and i can explain the finer points if you would like.



paint ball and airsoft are a way of relaxing without killing someone and as i am sure you are aware more usage of this has become part of us and uk forces training one to be realistic and one its less expensive and less dangerous then using live ammo and blank ammo. unlike the laser targeting system which is not truley accurate when you hit someone with a paintball round or and airsoft round there is a visable marker and usually a bruise to boot.

cyprusairsoft



Joined: 22/06/2009
Posts: 2066

Message Posted:
01/09/2009 09:55

ps guess you are a jolly jack tar

cyprusairsoft



Joined: 22/06/2009
Posts: 2066

Message Posted:
01/09/2009 09:58

going off thread sorry back on track