Thalassa Beach Resort

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
19/07/2007 15:28

Hi All

Im thinking on buying property at Thalassa Beach Resort at Bafra.

Has anyone else bought hear or has any info about the area.

I personally think it has very high potential.



TY ian

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
19/07/2007 18:53

Hi Ian



loads and loads of development going on in Bafra with masses of hotels rooms to compete with but there is a very nice beach.

the Karpas is nearby and definately worth visiting.

the east coast has the salamis ruins which are great to visit as is the old walled city of Famagusta.



easy access to Agia Napa if you like to party and word has it that this area will be our equivilent of Agia Napa (busy but not the high class location).





the general area isnt as pretty as the north coast as it is flat and barren.

Thalassa boasts of being the only beachfront resort with turkish title but this isnt true!

i see that a private beach is mentioned... no such thing in North Cyprus.

i reckon that with Savills name behind it they can add a premium to the price (i bet they are not particularly cheap!).



how much is an apartment/penthouse, how far from the sea is the apartment (ie location on the site) and how big is the apartment?

can you also list the onsite facilities?



thanks in advance!

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
19/07/2007 20:13

Spoke to someone today and im waiting on further details being sent out.

i am just back from there and went to have a look; very close to sea front in a good position, roads started and area mapped out.

If you would like these forwarded when i get them you can e-mail me.



mary

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
24/07/2007 03:56

Im a bit worried now as nobody seems to have bought there. the rep said 50 have been sold.

if u are thinking of buying in Bafra please contact me



regards ian

namus


Joined: 23/06/2007
Posts: 74

Message Posted:
24/07/2007 10:59

The feeling is that Bafra hotels and casinos will be targetted at Russian market.

pilgrim



Joined: 11/05/2007
Posts: 1404

Message Posted:
24/07/2007 20:34

Had dinner in Kaya Artimis(bafra beach) saturday along with 1000 locals and residents,

great cypriot menu excellent value and service, fantastic development and location. reccommended.

As they intend to build 14 such hotels in resort the surrounding property will be at a premium, so Thalassa should be good investment.

I would be interested in details.

Thanks in advance.

p

Aaron


Joined: 31/07/2007
Posts: 1

Message Posted:
31/07/2007 04:32

Hi



I just bought at Thalassa.. Bit of a gamble but Savilles have a good reputation.. Shame I have to wait 3 years for it to finish! With all the development in the area it should be good



Thanks

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
01/08/2007 04:57

Hi Aaron , uve made me feel a bit happier now ive found someone that knows the details of this resort. Can u email me and we can discuss details and see if everything tallys up.

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
05/08/2007 23:17

we have bought at Thalassa as well - we thought it looked a good investment and as already mentioned Savills have thier reputation to think about. We are out there in October for inspection trip so can supply more details then

stusimpson


Joined: 06/08/2007
Posts: 178

Message Posted:
06/08/2007 20:13

Hi I bought right at the start back in april/may and so far everything looks good.If you need any advice let me know.



cheers stu

IsOglu


Joined: 31/07/2007
Posts: 12

Message Posted:
09/08/2007 03:28

I looked at this site and simply could not believe the prices that they wanted/m2 for apartments there. I think prices are stagnant if not going down, was told a new desalination plant was being built for the apartments, then that they would use same plant as hotels, when asking is this going to be big enough then? If not a new plant will be built, is any of this in the contract well no. The land is bought from greeks who stayed in the North, really, and it is all legal apparantly, however no counsels opinion on legality. Good luck if you have bought

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
09/08/2007 17:37

It may be worth remembering that the price for the apartments includes the facilities that you have available too. Yes you can get cheaper apartments elsewhere but what facilities do they have and also cheap does not always mean bargain. The site is being marketed as top end so you expect to pay more. Also the prices have no gone up twice since the site was released - not my idea of stagnant . Re the desalination plant - it is in our contract so dont why not in yours but then again I dont think you have actuallly purchased have you . The tiltle issue is undisputed. I joined this site to find out more about day to day living in NC but have found that on nearly all forums someone always tries to sow the seeds of doubt. Please ensure that the facts are right before you try and unsettle buyers. For those of you in this forum who have purchased I look forward to meeting you all when the site is ready. I am sure we are all aware that nothing is ever straightforward when buying a property - not even in the uk.

stusimpson


Joined: 06/08/2007
Posts: 178

Message Posted:
09/08/2007 18:38

IsOglu I spent quite a while obtaining numerous documents relating to the land title,you are talking out your arse mate,if you know something no one else does let us know but please do your homework.Prices are not going down and I would happily pay an extra 20k for the quiet location,land title,developer pedigree.Do you really think a large marketing campaign which discusses the costs each apartment owner will have to pay for desalination is going to pocket the cash and not bother.Why dont you invest somewhere nice and easy like spain and stop bothering people who are happy with their purchase.

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
09/08/2007 20:20

Couldnt agree more ! maybe we should start our own forum of Happy with Thalassa - we are going out in Oct meeting with Kensington Developments and doing a tour of site and their developments. if anyone who has purchased wants pics / questions answered etc please use personal email address and we will update you when we return.

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
10/08/2007 00:13

I was out at Bafra 3 weks ago and to be honest there is nothing there just now. 1 hotel (Kaya Artimis) and 1 hotel has had construction started. As u go down towards the thalassa resort the road runs out and the car i had certainly went though a rough time lol. The road is being built as far as thalssa but not yet finished. U can see all the infrustructure being built in Bafra. Thalassa resort is just pegged out so a bit of imagination is needed. I havnt bought yet but think i might be close to it.



Enjoy your visit gooses, dont forget to visit the villageof Bafra

Britbabe


Joined: 29/08/2007
Posts: 4

Message Posted:
29/08/2007 23:23

Hi All,

am new on here, I had a phone call today from an agent that I had bought of in the past about the Thalassa Beach Resort.

I am very interested, so if any one has any details they can email me (a.s.a.p) as I want to let him know by tomorrow afternoon, it would be much apprieciated.



Thanks

Britbabe

tarry123


Joined: 29/08/2007
Posts: 14

Message Posted:
30/08/2007 00:54

Ref Mess 5. The feeling is that Bafra hotels and casinos will be targetted at Russian market.



What has that got too do with private developments?

I think you will find that Greek Cypriots and Turkish mainlanders use casinos here more than anyone. Given the choice though who would you rather have?

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
30/08/2007 13:07

tarry123 - agree with your comments - why do people have to stereotype so much - hey are all russians gangsters? what if the german market was targetted ....wot no sunbeds? and what if good old Blighty was targetted.... I dread to think of some of the british stereotypes. Unfortunately I am not a hoody, chav, loud drunk or a snob so guess I should start a new stereotype for others like me !!!!

britbabe have a look at Erna Low website and Savills will give you some idea of the development.

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
30/08/2007 17:37

gooses count me in with ur new stereotype



cheers ian

Elvis


Joined: 03/10/2007
Posts: 20

Message Posted:
04/10/2007 01:30

Hi everyone, just got back from Bafra, Thalassa Beach Resort. Beautiful location, good road links. The new hotel that has recently opened is outstanding and only a short distance away from Thalassa.



We had a brief conversation with potential developer and due to start within 2 months.



We could not find another investment that could match all criteria after searching for the whole of two weeks hols.



Bye for now



Tired Elvis

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
04/10/2007 16:36

just heard from a friend that buyers pay interest on their payment schedule money.... is this true?

if so how do they justify asking for this if the unit is still under construction? no other development i know of in N.Cyp does this?



is it true that the prices at Thalassa are about 1200stg per m2 (which is v,v, expensive)? and do you really have to pay for a parking spot?

i dont want to talk to an agent at this moment and i cant find the prices on their website. any help on these matters is appreciated. thanks

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
04/10/2007 17:45

Elvis - we are off tomorrow to vists Thalassa - have already bought so just a get to know the area visit - are you going to buy?

Donty - we are not paying any intrest on out payment schedule and yes have paid extra for parking and storage room. We didnt pay 1200 per m2 but i know the prices have gone up since we bought. Phone Savills- we found them great to deal with and then you can get the info direct. They didnt use any pressure tactics when we were looking.

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
04/10/2007 18:11

this site interests me but i dont want to talk to the agent at this stage even if they are non pressure hence i am asking on this board.



can anyone tell me the m2 and the price for a 2 bed unit frontline and also same near the back? is a parking spot 10k?



the website says "the sole beachfront vacation resort with 100% secure and undisputed title" this is not true! why would a well known company like savills write this? has anyone asked this question?

Elvis


Joined: 03/10/2007
Posts: 20

Message Posted:
05/10/2007

Gooses . hope you will be has impressed with the site location as we were. In fact so impressed we put a deposit down on the adjoining apt to ours. Has to be purchased in a different name as only one unit per person at present time in TRNC .



DONTY . parking £5000 opt. storage £2000 for 2m X 2m. if required.

Which is not true sole beach front or 100% secure TT

I think prices are now in the region of £1200 sq m . With a private pool and terrace thrown in. Bargain for the location.

Are we going to be neighbours?

thalassa lass


Joined: 04/10/2007
Posts: 1

Message Posted:
05/10/2007 00:38

Have just bought in Thalassa, I have invested in other areas that are the norm (spain , florida etc) but feel that this could be the dark horse. I also look forward to having holidays in my apartment. I would be very interested in information when you have had your trip, I am not intending going out at the moment .

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
05/10/2007 10:44

Elvis



i dont think i will buy at this site as i believe too big a premium has to be paid for the Savills name and i personally dont think this site will see the best ROI but i do like to know whats going on with the bigger developments.

i never really liked the east coast as it is so flat and barren but i drove over there a few weeks ago and took a different route to normal. the development of Iskele caught my eye so i may sink a little into this area!



the Aphrodite development in Gaziveren was the first "beachfront vacation resort with 100% secure and undisputed title". in fact as i understand it the Thalassa resort isnt Turkish title which is known as 100% secure, it was bought from a Greek who still owned the land which is the same thing i suppose but still a new one to me (and i live in N.Cyp).

gazza


Joined: 15/05/2007
Posts: 161

Message Posted:
05/10/2007 12:13

hi donty



have you been to aphrodite devolpment on the west coast i am hoping to go there very soon as we have apartment on this site. from what we have been told this area is a bit more greener than the east coast.and as you say it has 100% secure and undisputed title ( hopefully) looking forward to our visit and cannot wait to seeing as much as nc as possible.



regards gazza.

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
05/10/2007 18:40

Gazza



yes i have and you will be very impressed with the quality of finish.

the area is very green with 70% of all N.Cyps water supply being in this area (so i have been told not being a water expert myself).

do understand that the area is currently the least developed in tourism terms though guzelyurt is the 4th largest town in N.Cyp. the government have big plans for the area with new roads being laid and tenders out for hotels, golf courses a few miles up the currently empty coastline.

if you want to call the Evergreen bod his number is 0090 533 869 4250

ilovecyprus


Joined: 08/05/2007
Posts: 2880

Message Posted:
05/10/2007 18:47

Nice to see you back on this site Donty. I was wondering where you had got to. Hows the Napa runs been going?

dodger



Joined: 29/07/2007
Posts: 1895

Message Posted:
05/10/2007 20:18

donty,

do they call the evergreen bod daniel?

gazza


Joined: 15/05/2007
Posts: 161

Message Posted:
05/10/2007 23:06

hi donty



its nice to know somebody has been to the west side of town we have been trying to get news of the site and area for months without any news.although out of 120 apartments only about 20 remain unsold (apparently) we are sure in a few years time this area will be very popular as you live in nc it was nice to have a reply on this devolpment, does the evergreen bod live in nc or has he brought on the same site . as above we are really looking forward to our visit to nc and we are sure it will be a wise investment and a home we are not looking to sell for a profit but maybe to retire in the future.



regards gazza

stusimpson


Joined: 06/08/2007
Posts: 178

Message Posted:
06/10/2007 00:04

Whats the latest on Thalassa guys?,is the site cleared yet,I went in june and it was supposed to be imminent.



Thoughts appreciated.



Stu

IsOglu


Joined: 31/07/2007
Posts: 12

Message Posted:
06/10/2007 02:45

No not out of my a**e as you so politely put it - simple facts



1. No counsels opinion has been sought

2. The desalination plant may or may not be built - it is not certain or indeed contracted

3. These properties have no more or less right to use the hotels than any local who pays the entrance fee

4. Sales registered in NC last year were down by 38% please look it up - talk to any agent there



I am TC and go there twice a year - I am not running the place down simply stating facts not opinions. Maybe you can be rude about facts as well?

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
06/10/2007 03:13

ILC



hi and thanks.

im just too busy to spend any time on the bulletin boards and i must be honest, get a little tired of them at times!

napa was fun but im starting to feel old amongst all the teenagers!



Dodger



Yes thats him!



Gazza



yes he lives here, hes the sales mngr for Evergreen.



i was in the Guzelyurt area not 2 weeks ago and we went and had a peep at their show apartments and i have to say the finish is very, very nice.



regarding the location i must say that each area has its special something. the north coast its rugged, tree covered mountain backdrop. the east coast its beaches, the Salamis ruins and nearby Karpas. the west its citrus trees, coastline and Troodos Mountain views and all of these places are within a 2 hr drive at max, im sure youre going to enjoy you time here.

gazza


Joined: 15/05/2007
Posts: 161

Message Posted:
06/10/2007 13:08

hi donty



thanks for your reply sounds great





regards gazza

stusimpson


Joined: 06/08/2007
Posts: 178

Message Posted:
06/10/2007 13:45

Isoglu I'm not sure what your point is,why do you think the land title is disputed then,who did you speak to regarding the desalination plant,its all very well stating facts but you have to back them up.Don't talk to me about being rude your initial post above was very sarcastic to all of us who bought at thalassa,I'm sure others would agree.

Give me some evidence to my questions above,I'll re check and if you're correct I'll post and back you up.



Stu

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
06/10/2007 20:43

Hi I am also interested in Thalasa. It ticks all the boxes in regards to long completion time and the financing option. I also prefer being in a luxury resort on the beach and if i go for the ground floor 3 bed apartments the pool sizes are quite good too. I know i can buy a villa for the same sort of price but this is more an investment than a lifestyle choice.



I was wondering if anyone who has been can answer for me what is currently around the development. Is there anything a town, bars restaurants etc? Also has anyone got legal council regarding the land ownership as ive heard conflicting reports - i was told it was owned but a greek cypriot who sold it but i am unsure if this is really 100% safe. Anyone organised a lawyer and has anyone been on trip out there?



Thanks



Martin

dodger



Joined: 29/07/2007
Posts: 1895

Message Posted:
06/10/2007 22:37

donty,

we were out there in jan this year and spent a full day with mr bond,found him a bit to hard sell for our liking nice guy though.picked us up about 10 fom the ship inn @kyrennia and we didnt return to our hotel till seven in the evening,decided probably because we were both knackered not to go with evergreen and plumped for carrington instead.good luck with yours though.

DONTY


Joined: 07/06/2007
Posts: 534

Message Posted:
07/10/2007 06:56

hi dodger

how did you spend that much time? did you have to go far? did you do lunch or did he drive round in circles? please explain!



on reflection i have been with an agent about as long when i visited property on the north coast and then the east but we did spend an hour at lunch.

i didnt buy in the end but it wasnt because i was knackered, it was because i didnt fancy what i saw and if you really didnt buy because you were tired i would suggest that chosing to buy from whoever knackers you less isnt a good way to base your investment decisions!



enjoy whatever you bought though.

dodger



Joined: 29/07/2007
Posts: 1895

Message Posted:
07/10/2007 21:57

hi donty,

no perhaps i worded it wrong we were shown so many sites we didnt know wether we were coming or going and we got the impression that were on the end of some pressure selling,after being with him for six hours he even took us back to the evergreen office to look at the site plans and talk payment terms.had a nice lunch though.the next day we were shown around some turtle bay properties this was alot more laid back approach and only took approx three hours but didnt fancy them, in fact one of the sites reminded us of a crowded housing estate very congested.we were shown around a couple more then on the last day we went for a drive and stumbled upon a carrington site near the new golf course in esentepe and we were really impressed with the builds as well as the management.we didnt sign up there and then though we came back to england and decided a cuople of weeks later.hope that makes it a little clearer and once again good luck.

ian-mary


Joined: 11/06/2007
Posts: 39

Message Posted:
17/10/2007 10:21

Hi all , i just got an email through warning that prices are going to rise on the 1st November by 5% - Savilles

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
20/10/2007 12:34

I am going to view next week but i am also planning to view some other developments in the more established northern part of North Cyprus. Most people i have spoke to who have either considered or bought at thalassa beach have bought because of the development oppose to the island as a whole and many didnt look at other developments. I want to get some kind of comparision and wonder if anyone contemplated thalassa but bought in another development in north cyprus or vice versa?

Elvis


Joined: 03/10/2007
Posts: 20

Message Posted:
03/11/2007 11:54

Hi just a quick note to see how you got on with the viewing of the site where the Thalassa beach resort will be built. And how did it compare with other projects in your opinion

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
03/11/2007 13:04

Hi Elvis



I am proceeding with a 3 bed ground floor on Thalassa. I did see lots of other things in and around Esentepe and although i saw many 3 beds that were slightly cheaper and bigger, the overall location wasnt anywhere as good and the payment plans were far less flexible - also they were all build on exchange land. It will take a lot of imagination to really see what Thalassa will look like but the location is spot on and im glad that more will be build around it before the project completes.



Still nothing really happening on the site, there is a viewing tower and thats about it. I also expected to see more of a beach but some work will need to be done on that - if its the same sort of job that has happened with the beach at the hotel next door then it will be alot better than many of the "sea front" developments on the north coast.



Have opted out of the rental guarentee as not very flexible but it looks like most people have done this.

Elvis


Joined: 03/10/2007
Posts: 20

Message Posted:
04/11/2007 11:47

Hi Martin

Im glad your thoughts were the same has ours. we also could not find a better location so close to sea . We also are going through with a 3 bed ground floor unit. Did you walk to the Kaya Artemis hotel. If so how long did it take. We tried to drive along the sea front and got stuck in the deep sand.Stupid I know. Did you go through the hotel. Spoke to Savills this week and the builders are due to start at any time now.

Do you have to opt out of the rental guarentee or do you have to signe in ?

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
04/11/2007 12:47

drove to the hotel and had a look round and went down to the beach there. I think opted out - i dont know if they were offering a 5% guarentee for 2 years when they started promoting or this is a new thing. Alot is up in the air regarding the rental management scheme anyway as they are a way of getting a management company. The 5% almost acts as a cash back in years1 and 2 and although it says you get 6 weeks use yourself, if you take that then it comes out of the 5%. This is common is Bulgaria to offer this and to some extent its just a marketing ploy. Highly likely the apartment would be empty anyway - they just factor an extra 10% in the sales price. I got some of this back as a discount for opting out and this will mean i can use it as i wish.



Did your contract give dimensions of each room and size of pool and terrace. I think its very basic so before my lawyer even comments i will be going back to them with changes

Elvis


Joined: 03/10/2007
Posts: 20

Message Posted:
04/11/2007 13:51

I dont think the contract gave any room sizes or the area of pool and terrace.

Ours is a type C apartment 101 gross sq m.

We have signed into a management and maintenance agreement but could not find any info on the rental management scheme. I hope we have Not entered

into it.

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
05/11/2007 18:42

Elvis - When we bought at Thalassa we were asked if we wanted to do the rental scheme - if not the discount was applied to the selling price - this might tell you if you have opted out or not. The contract does not state the room sizes but refers specifically to floor plans Savills (or is it Kensington) produced which does show the sizes. These have since changed due to the changes in the plans so our 2nd floor apartment is now approx 20 sq m bigger.

re the beach - we have been told that are enlarging the beach like they did at the Kaya so should be ok.

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
19/11/2007 18:06

Anyone know if the land has be marked out yet? I also hear they ar enow offering studios from 39k

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
19/11/2007 21:18

Last we heard ( this week) was that they will commence build jan 08 - a newsletter will be sent out soon to update all us buyers and i think this is intended to be a regular thing - we got a promo leaflet about the Studios and also the reduced 2 bed aprts - guess they are not selling as well as the 3 beds

OllieD


Joined: 23/10/2007
Posts: 14

Message Posted:
20/11/2007 11:11

Myself and my business partner have just returned from a 3 day inspection trip to Thalassa Beach Resort. Between us, we have reserved 3 apartments at Thalassa.



The inspection trip went well and we are glad we went. We even managed to secure a meeting with Udi, the owner of Kensington Developments. We found him to be open, frank and honest in his discussions with us. All our questions and concerns were answered. And it was following this meeting and after having visited the area (twice) where the apartments are going to be built that we have decided to proceed with the purchase of the apartments.



Currently, tenders have been received from various builders and it is invisaged that a decision will be made soon with building starting in December or else in early January.



At the site itself, they have boards placed where each block is going to be built with the number of apartments and penthouses detailed on each board and also how many have since been sold and the amount thats remaining.



By all accounts the land title is secure and we intend to obtain confirmation of this from their solicitors. The area itself has huge potential and this is already seen by the new hotel and the 5 more hotels which will follow on the strip where Thalassa is being built. We even managed to gain access to the site where the Colosseum Hotel is being built. The foundations have already been laid and it was one of the most amazing sites we ever saw. It reminded us of Ground Zero. The builders had to have been a least 5 stories below ground and they were pouring the concrete when we were there. These hotels will add 6,500 hotel rooms to the area.



Udi said that one of the investors in Thalassa is David Lewis of River Island, the clothes shop chain. He is also building a marina further north of Bafra and the local government are investing US$280m in the area to boost tourisim.



I took some photos of the site and can email them to you separately if you want.

kev71


Joined: 22/11/2007
Posts: 1

Message Posted:
23/11/2007 01:18

Just received the sales pack from Savills on the Thalassa Development. It does look very interesting and are extremely tempted to invest, even though I've never been to NC. I'm gona touch base with Andrew at Savills but didn't want to here all the typical 'Estate Agent ' sales b*llsh*t, so wanted to get some advise from any of you guys that have been out there and seen the development in person. Any ideas how many 3 bed units are available. Thayve reduced 2 beds by £10k if reserve before Xmas.



Any chance OllieD you could email me some of your photos from your visit

Notsoboredhw


Joined: 15/03/2007
Posts: 1254

Message Posted:
23/11/2007 10:04

If you want to see what Savyon (Udi) have built already and see the really good finishes on the apartments/villas there then take a trip out to Turtle Bay Village, Esentepe. We have an apartment there which we are really pleased with.

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
23/11/2007 11:52

Hi Kev71



I was over there just under a month ago (first time in NC) and have reserved a 3 bed. I think there are a few left but they and the penthouses are the best sellers so they havent reduced the prices. OllieD has some good pics which he sent me so im sure he´ll forward on.



What specificaly do you want to know? The reason i invested was as follows:



Good payment plan with long completion

Secure title (important for N Cyprus)

Beach front development - under 100k - there isnt anywhere in the med where you'll get these prices

Good facilities



Im sure the agent will tell you you'll double your money in a few years but i think its more a medium to long term thing. I am not totally convinced on the rental market in North Cyrpus yet but if direct flights happen this will definately change and they'll probably be a shortage of property. I flew into Larnaca in the south and had no problem going across the border (i was picked up by the developer so not sure on the car hire situation - read other posts regarding this)



There isnt mcuch to see yet - its just a large field on the beach but its a great spot, has some great hotels being built nearby and it is a area of North Cyprus where alot of investment is happening. If you have any specific questions let me know.



Martin

steveg


Joined: 13/01/2008
Posts: 9

Message Posted:
13/01/2008 18:46

Any info from people who have bought one of these properties would be helpfull, I reserved a 3bed a while ago and are now due to pay the next payment, all comments, good or bad!



Thanks



Steve

martin73


Joined: 06/10/2007
Posts: 24

Message Posted:
13/01/2008 21:17

Hi Steve



How come you are due to pay next payment? I dont think they have started foundations (or are just about to) and the next payment isnt due until these are completed which i anticipate being at least 6 months away (they have to build underground for the carparking) Did you pay a reservation and then have to pay the 9k deposit?



My experience has been Ok - more issues with lawyers going back and forth but otherwise the developer seems straighforward enough and i wasnt hassled to pay the deposit within 2 weeks.



Martin

Gooses


Joined: 16/07/2007
Posts: 60

Message Posted:
16/01/2008 14:40

Hi - Our experience has been great - no problems with developer or contract ( maybe there is something we have missed !!!) We too dont expect to pay any more until the foundations are complete so to date just paid the deposit and reservation. Spoke to developer a couple of weeks ago who said start imminent as now had all authorisation needed to move the olive trees.



Sue