Retiring to Northern Cyprus

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
30/08/2010 20:32

Hi new member here. We are hoping to retire to Northern Cyprus and are coming out in Novembef on a fact finding mission. We are going to be looking at areas to live, house prices and general day to day living. We are looking to rent a 2 or 3 bed villa for the month of November. Any help that we can get would be greatly received.

Thanks Kate

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
30/08/2010 20:46

Kate.....welcome to the forum.



Rent a place in November....and if you like it only consider RENTING a property to retire to.



It is not safe to BUY here....you could very easily lose your life savings !



The TRNC has much to offer, but property purchase should be avoided at all costs.



Please read all previous postings on this subject ( should keep you busy for a month ) and make an informed decision.



Good luck !

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
30/08/2010 20:49

Wealth Warning

Severe Wealth Warning



Many people visiting Cyprus fall in love with the island and immediately go on a property buying spree. It’s as if they put on their ‘holiday heads’ when they step off the plane throwing common sense and caution to the wind.



Added to this the different business practices, legal systems and cultures, and their dreams of owning property in Cyprus can sometimes turn into expensive nightmares.



Remember to protect yourself by thoroughly researching what could happen if you were one of the many victims of title deed scams, mortgage scams and memorandums.Follow the "no kocan, no money" rule and you will avoid these increasingly common scams.

BigMart


Joined: 26/02/2009
Posts: 423

Message Posted:
30/08/2010 20:56

Have a look a Kayalar, beautiful place, nice and quiet, some nice places to rent or buy. Don't take too much notice of the negative, back biting ,holier than thou people on this forum come and have a look for yourself.



Martin.

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
30/08/2010 21:00

Thanks Martin I was despairing that all the information was going to be negative

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
30/08/2010 21:04

Kate....with all due respect , if you don't want to hear the truth then don't ask !



Find out for yourself.

waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
30/08/2010 21:09

Do your homework first - come rent for a month - then go back and come again in a different season - rent again in a different part of the Island. Then go back and come again in a different season - rent again somewhere. Learn a little Turkish, please and thankyou are good to start with. Rent in a Turkish area - visit shops all over in villages not just the Tempo/Supreme or Starling chains. Do more homework. Don't bring a car! Check on the law time and again becaused it changes by the minute and that is the same for TC's as for anyone else. Don't come here to work - unless you are used to working in 40+ you will not handle it.



The Island is beautiful, the people (Turkish, can not speak for the Greek) are wonderful and the weather is only "Too Bloody Hot" for about 6/8 weeks of the year. The food is good for you and so is the lifestyle - leave your worry and stress behind BUT - do your homework first, lots of it - then you will be OK! Good Luck.

cronos


Joined: 26/10/2008
Posts: 2093

Message Posted:
30/08/2010 21:12

Waddo.....that sounds like genuinely good information.



But I note that you never once advised her to buy a property...just to rent.



Why might that be?

jamestalbot


Joined: 20/12/2009
Posts: 958

Message Posted:
30/08/2010 21:14

Hi Kate, First of all welcome to the forum, I would advise to rent first, see if you like it, I did I rented for 8 months then bought.



Regards



James

nurseawful



Joined: 06/02/2009
Posts: 5934

Message Posted:
30/08/2010 21:18

Kate,



I would say best place on earth to live BUT be prepared for the NC winter it is damp and cold and not what you would expect.. But we are still here 6 years down the line.



Welcome to Cyprus 44.



Chris

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
30/08/2010 21:20

Hi Cronas I appreciate all your comments however I was trying to get a balanced viiew. Good as well as bad

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
30/08/2010 21:30

Thank you everybody for all your comments .Yes, we will rent first then decide whether to buy.

Thanks



Kate

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
30/08/2010 21:30

http://www.northcyprusdaily.com/news/Business/Property-sales-in-northern-Cyprus-have-dropped-by-nearly-50-percent.asp



http://www.hurriyetdailynews.com/n.php?n=north-cyprus-property-sales-stagnate-2010-07-29



http://famagusta-gazette.com/horror-in-cyprus-at-public-auction-of-british-expats-houses-p10591-69.htm



http://www.freewebs.com/trncpropertywarning/



http://www.northcyprusdaily.com/news/Life/Readers-Comments-on-British-court.asp



Just to help you make a balanced decision. Lovely place but rent don't buy. No problems then!

spider


Joined: 03/01/2009
Posts: 5527

Message Posted:
30/08/2010 21:47

Hi welcome to the forum and all the very best wishes in finding a new home, just take your time and you will be fine its when people rush into things that mistakes can sometimes happen.





Spider,X

Chelpet


Joined: 10/03/2010
Posts: 253

Message Posted:
30/08/2010 21:58

Kate it might be idea to do what we did, obviously not sure of your finances, but we downsized the home we had, that was enough to buy a smaller place in UK and also left enough money to buy outright in Cyprus, so we have always got a bolthole should things turn sour.

We also bought a resale would never consider an off plan development, in saying that it has still not been without its traumas, the Turkish idea of building and shall we say less than the best quality materials, at the moment we are only spending about 2/3 months a year out there, but will probably be spending more next year on.

Up to now we really look forward to coming out there 13 days to go and counting, but doubt whether we could stand the 6 weeks in July and August when it goes right over the top with heat and humidity, also Jan, Feb & March with the damp and winds.

Best of luck with whatever you decide





Peter

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
30/08/2010 22:00

Msg 1

Google the 'Dom-Toms', worthy of investigation on an EU passport.



Richard

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
30/08/2010 22:49

Hi Richard not sure of what dom-toms are .I googled it and it was all about France

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
30/08/2010 22:51

I think Richard is suggesting this would be a much better place to retire to!





Richard wish you had made this suggestion to me back in 2005!!!!!

katty


Joined: 05/07/2009
Posts: 43

Message Posted:
30/08/2010 22:53

Hi katenian we have a three bedroom bungalow in Karsiyaka available after the 4th november please call

05338665289 for details

katty


Joined: 05/07/2009
Posts: 43

Message Posted:
30/08/2010 22:58

Hi katenian we have a three bedroom bungalow in Karsiyaka available after the 4th november please call

05338665289 for details

Brinsley


Joined: 04/04/2009
Posts: 6858

Message Posted:
31/08/2010 00:06

Msg 17

The current colonial Countries under French control, scattered around the World which are, by default, part of the EU and under Brussels regulations. Though, be careful, the 'Doms' are slightly different to the 'Toms' if wishing to have full EU status. Guadeloupe or Martinique are well worth a look at.



Richard

Lilli



Joined: 21/07/2008
Posts: 13081

Message Posted:
31/08/2010 00:19

just look at all the posts, make your mind up, yes there is so much beauty,there is corruption that could teach the mafia.The animal situation leaves most of us in despair,the government that implements change without warning all to our cost. The auctioning of homes to poor unsuspecting people, it goes on and on. Sorry to be negative when sun sea and mountains overtake these factors

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
31/08/2010 01:31

Hi Katty thanks for response .Is it possible to e-mail details, pictures and price



Thanks

Kate

waddo


Joined: 29/11/2008
Posts: 1966

Message Posted:
31/08/2010 07:25

cronos,



It is very simple. When you are learning about the place you may very well spend the rest of your life, you need to see a great deal of it not just one small area. If you buy in one spot and travel around you only get glimpses of the rest. So don't buy - "Until you are sure" - that is why I say come and visit and rent, then go away and think.



You don't buy a new car unless you test drive it do you? So why spend all your money on the house of your dreams only to find out you hate the place because of the cold and damp high in the mountains in the winter? If you only went there in the summer - you would never know!!!!

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
31/08/2010 12:53

Kate, Try to stay longer than a month if you can.

Then you can do this in three stages:

1] Two to three weeks holiday (always with rose coloured specs).

2] At least four weeks learning asking questions and getting the feel of your Cypriot and Expat neighbours and potential friends.

3] Three weeks to learn local laws and customs and look at properties to give you an idea

After that return to Blighty for at least two months to clear out the dreams and then return to North Cyprus and see over another four to six weeks if you like it before staring to look at places and costs.

katty


Joined: 05/07/2009
Posts: 43

Message Posted:
31/08/2010 17:06

katenian could you put your email on line as i cant getit due to not having enough posts

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
31/08/2010 17:21

Hi Katty



E-mail address is: katethomson4@talktalk.net



Thanks

john_good


Joined: 15/08/2010
Posts: 176

Message Posted:
31/08/2010 17:36

do not bother , you may as well burn your money and save yourself the grief stress and heartache.

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
31/08/2010 21:58

Hi Kate,

Please mail me,

Paul.

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
31/08/2010 23:17

Hi Paul

Sorry ,I cant e-mail you as I dont have your address. Mine is katethomson4@talktalk.net

Batteryman


Joined: 31/08/2010
Posts: 2

Message Posted:
01/09/2010 00:05

Hi Kate

Others have made the very valid point about getting to know the area/ country and doing your research. I wish I had.



I have a 3 bed Villa in Alsancak which could be available for rent in November. Our Villa is within 300 meters of the Villa centre on a tarmac road with street lights. This may appear a slightly odd thing to mention, but when you arrive in the TRNC you will understand the significance.



Let me know if you are interested and we can contact each other off the site.



Cheers

David

katenianholia


Joined: 30/08/2010
Posts: 29

Message Posted:
01/09/2010 00:18

Hi David

Yes we are interested in a villa. My address is posted above

Regards

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
01/09/2010 18:06

Hi Kate,

I have mailed you,

Paul.