Properties being sold

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 10:51

Has anyone heard of any properties being sold in the last 3 months or so?

elko2



Joined: 24/07/2007
Posts: 4400

Message Posted:
05/01/2010 11:23

Yes, I bought a villa for my daughter at the beginning of November 2009 almost finished and they moved in just before the end of the year and we celebrated the New Year there. Mind you, as interior architects they had all the right contacts and finished most work in a very short time. She designed the cupboards etc. the day she signed the Sale Contract and the manufacturing started next day. We hope to have the title deeds this month. No pain, no worries and everything going according to plan.

Thanks C44 and thanks Vaughan for helping us find this villa.

ismet

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
05/01/2010 11:26

I also know of a couple who sold thier house in the last few week in Girne , so thats another one (unless its the same one ?)

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
05/01/2010 12:13

Dear Client

With the dawning of a new decade, comes a definite positive atmosphere and the climate of change seems to be breathing a refreshing wind of optimism through this idyllic island.

Talks between North and South have been increasing in their intensity to bring a solution to the island. Further negotiations for direct flights are making this the island to definitely invest in!

With property prices poised to take a step up again we recommend all our buyers get there flights booked and pop over at some point in the spring to check out what is available – you won’t be disappointed!

The greatest benefit to the property market today is the introduction of payment schemes to foreign and local buyers alike with payment options for up to 12 years at very reasonable rates of interest.

So with prices low, easy payments and a good chance of a settlement here – now is most definitely the time to get moving!

They must be selling fast I got this from an agent who forgets we already

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 12:13

apartments selling quickly on Sea Terra Marina Tatlisu owing to there Sea view position but also all of the title deeds are now through .

TheSaints



Joined: 28/01/2009
Posts: 1369

Message Posted:
05/01/2010 12:14

contd....



bought through them a year ago..............



Mike

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 13:07

Would it be fair to say that all the deeds are esdegar?

Blackpoolfan


Joined: 03/12/2008
Posts: 1568

Message Posted:
05/01/2010 13:17

Buyers market for sure, as my uncle Dennis used to say "it will be all right on the night"

spanna


Joined: 12/01/2009
Posts: 544

Message Posted:
05/01/2010 13:22

My partner works in the property sector and despite a very slow 2009, November and December suddenly seemed to see a resurgence in interest - from virtually no customers to customers most days... Several sales in December... and yes, mostly esdeger land.



Hope that helps.

Vidal


Joined: 14/05/2009
Posts: 867

Message Posted:
05/01/2010 13:26

Where does he work Spanna. If he has customers he can have my commission, with pleasure!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 13:40

Thanks Spanna..

eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
05/01/2010 14:02

Msg 4...you can fool all of the people some of the time,...and some of the people all of the time,..but you can't fool all of the people all of the time.....of course the agents will talk things up but me thinks that people are not so gullable any more regarding NC.

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
05/01/2010 14:48

We rent and it is the best decision we ever made. For buyers from outside the EU, NC may be a good option but until the Orams case pans out, anyone from an EU country should keep their money in their pockets.



Only my opinion of course



Paul

negativenick


Joined: 10/11/2008
Posts: 6023

Message Posted:
05/01/2010 14:57

mess 13 - and a good opinion (in my humble opinion...)

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 15:09

Paul message 13. That makes perfect sense (wish I'd have thought of that!) )

daisy dukes


Joined: 06/09/2008
Posts: 3815

Message Posted:
05/01/2010 15:36

Well i wish i could sell my blooming house.....



DD

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 15:57

daisy dukes get feedback from clients you show around and it could be something quite simple for the reason you are not selling . You could then possibly put it right for you to get a sale . Hope this helps .

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 16:38

Pipie. Do you think there are people out there looking to buy at the moment?

mikea11


Joined: 15/06/2008
Posts: 254

Message Posted:
05/01/2010 16:50

Sold ours, now renting, no title deeds. Are we happy? yes!

ROBnJO


Joined: 30/06/2008
Posts: 1289

Message Posted:
05/01/2010 17:03

A lot of people now seem to be long term renting rather than buying.





You have to remember though, that every 'renter', rents from an owner!



So, ultimately, every renter is supporting property ownership in NC, and potentially helping to pay off the 'owners' borrowings, or making a contribution to their savings/pension fund.



Renters can support a property market as much as buyers.





Rob

pilgrim



Joined: 11/05/2007
Posts: 1404

Message Posted:
05/01/2010 17:08

good time to buy, if looking for investment choose wisely.

AlsancakJack



Joined: 14/08/2008
Posts: 5762

Message Posted:
05/01/2010 17:09

Bill

'Do you think there are people out there looking to buy at the moment?'



On our development of 4 Villas one has just been resold to a TC couple and another is in the process of being resold. So I guess the market is not totally dormant.

AJ

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
05/01/2010 17:15

re msg 13



Anyone from outside the EU or from a part of an EU country where the EU Aquis is suspended maybe ?

daisy dukes


Joined: 06/09/2008
Posts: 3815

Message Posted:
05/01/2010 17:23

Pipie msg 17....i have done exactly that, and am now in the middle of a slight remodelling job, hopefully this should do the trick...Also because years ago this house was the local coffee shop, so with this slight remodel it could once again be turned into a very nice little restaurant...something that's not actually available in Karsiyaka......





DD

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 17:48

Messege 18 we have friends who are going over in March to look for property . Also at Christmas we met up with Cypriots from the South who were looking for property could have knocked me down with a feather so to speak !!

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 17:51

Daisydukes . Good luck with it . Frank and Joan got feedback from there estate agent and like you are making changes on there property in order to sell ,

daisy dukes


Joined: 06/09/2008
Posts: 3815

Message Posted:
05/01/2010 17:56

Thnaks Pipei...we can but only hope....





DD

Jeannie


Joined: 04/08/2009
Posts: 3283

Message Posted:
05/01/2010 19:12

Sheila (Smithy) sold her apartment recently, and very quickly, too.



J

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
05/01/2010 20:42

Pipie and No 1 Doyen - I was meaning to start a new thread regarding selling homes in NC after seeing Frank and Joans website also but never got around to it, never saw this one and it would have been my question also. What I would have asked is "was it necessary to spend more money to get a sale". If you take the example of Frank and Joan their property has been up for sale for nearly a year and now they are advised to change the staircase from spiral to an L shape. Surely the agent should have mentioned this earlier if it was to be a selling problem. Obviously Frank has not gone into detail what his conversation was with the Agent but if it were me I think I would be pretty miffed to find out after all this time that more expense was needed to sell a property. I realise there are properties personally designed and not to everyones taste but surely the Agent should be targeting the different markets regarding potential buyers. .................cont

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
05/01/2010 20:44

....continued from 29........if obviously every person who viewed his property was saying the spiral staircase is a problem then maybe its worth doing but in Franks case as far as reading his website he only had 2 people view, I could be very wrong on that there could have been hundreds. Don't see why people should continue to spend their money like this. Sylvie

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 20:49

dalartokat , not sure if feedback for F/J was just from 2 viewers maybe it was more as F/J in my opinion would not go to this expense for just 2 views, never know though !!!!

dalartokat


Joined: 14/04/2008
Posts: 734

Message Posted:
05/01/2010 20:53

Pipie, understand what you saying.

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 21:02

Are these properties being sold through agents, or word of mouth?

Moover321


Joined: 11/04/2009
Posts: 649

Message Posted:
05/01/2010 21:04

Renting for the last 6 months or so - the best way to really assess how the TRNC would suit us! The property market is just ONE aspect of moving here, albeit quite an important one



There is a lot of uncertainty in the market but like everywhere else people still move (buy / sell houses) for the 3 D's - Debt, Death and Divorce.



Also, never forget there is the local population - who don't look to the TRNC as a place to have a holiday home or a second home etc., The Orams case doesn't affect them unless they are TC's from the EU!



From what I understand the market looks like it is finding a 'floor' - but time will tell.



Much talk about a settlement - but it is just that 'talk'.



As I have said on previous posts - the legal system here needs reforming and the property sector needs to get its act together if they want to rebuild trust!



Don't have high expectations and you will not be disappointed



As always, 'Caveat Emptor'

Magbs


Joined: 26/02/2009
Posts: 278

Message Posted:
05/01/2010 21:27

Considering the weak market sentiment and extremely unpredictable PTP procedure has anyone heard whether rent to buy options exist in TRNC?

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 21:30

Jean. Did Sheila use an agent?

Pipie


Joined: 05/01/2008
Posts: 5499

Message Posted:
05/01/2010 22:51

Friends intend to use agents , and on SEA Terra Marina i think agents are used !!!

No1Doyen


Joined: 04/07/2008
Posts: 16617

Message Posted:
05/01/2010 22:52

Thanks Pipie..

Garythegeezer


Joined: 05/02/2007
Posts: 102

Message Posted:
06/01/2010 23:18

We have had our property on the market for some time and if we made all the changes

that people suggested we would have re built our house. I do take these reasons for not buying with a pinch of salt because 99.9% of people viewing so far have not been in a position to buy (need a mortgage and we have shared deeds) The question has to be asked why an estate agent would even bother showing someone round in this circumstance.



Having spoken to the agent they have basically said that they do not want to offend any local buyers as word would soon get round and would affect their business, meanwhile all and sunder were trapsing around our place. Not anymore I hasten to add.



Having been advised on the selling price by the agent we put it on for less and still no joy, when you speak to the agent their only response has been try a lower price. We are now down to the price level I thought we should be at months ago. 2010 brings new opportunities to sell I hope!



Regards

Gary