Do you think foreign buyers are fast becoming an embarrassment to

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 14:10

Turkey? Seems to me that the goal posts get moved so often and so far apart that the TRNC is trying it's utmost to stop foreigners buying property probably in an attempt to minimise numbers it will affect when an agreement is signed between SC and Turkey.Infact it seems to be established as fact that those that think they own property in TRNC do infact not.Without going into the legalities and politcal reasoning before during and after 1974 it also seems to me that ultimately, when all parties are either compensated or reunited with their former property there will be only one loser and that is the foreign buyer who for whatever reason bought a dream.

Please correct me if I am wrong.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
04/03/2011 14:47

It may be that if and when all is sorted everyone will be compensated in one form or another except foreign buyers of disputed property in the North, but that is far from certainly the case. To me the reality is we just do not know what may or may not happen in the future. Maybe foregin buyers of disputed title in the north will get shafted, maybe not.



Certainly to date as far as burden for the situation has been shouldered it is Turkey who has shouldered that burded by a massive degree and not expat buyers. Other than the Orams, not a single buyer in the North has had to shoulder any burden for the situation to date. Turkey has paid out 100's of millions via the proerty comission settetling cases, all be it a small fraction of total cases. For these settled cases, many of which will relate to property now owned by expats in the north, said expats have bought and paid for a proerty on disputed deeds that is now no longer disputed and thus have done very well for themselves.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
04/03/2011 14:48

As to if this will always be the model in the future no one can say and anyone who claims they can say is lying.

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 14:55

Do those foreigners now know whether the property they bought in good faith is still on disputed land or not and is there a way of finding out if any particular land/property has been settled with previous owners?



It would be very very helpful indeed if this were so.

malsancak


Joined: 23/08/2009
Posts: 2874

Message Posted:
04/03/2011 15:07

Roomy, I tried to find out from the IPC website if they had details of the settled cases but there was not enough info to determine the exact property. Mind you, I can't imagine the case being prepared without visits to the property, something the occupier would probably notice.

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 15:22

malsancak, then I would expect to see it as part of the sales blurb on such properties should they exist, I think they would sell like hot cakes.Surely there would be members here that own such properties, maybe they will let us know how it all came about and whether there were any problems they had to sort out on their part before the deal was done.This makes for an interesting addition to the list of available deed types in TRNC.

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
04/03/2011 21:33

reward for lost Dog 185 posts,



This important topic....6posts



Scary isn't it Roomy ...?

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 21:48

Martin, I am starting to get the feeling that apathy has overcome most posters here, sometimes happens to people that have bounced from one disaster to another with no light at the end of the tunnel.

Whatever happened to the bulldog spirit?

I know this much, if I was in the same position as a lot of good folk here you would be hearing a mighty big noise.

shrimp


Joined: 01/09/2010
Posts: 939

Message Posted:
04/03/2011 21:50

The trouble is the light at the end of the tunnel might well be an oncoming train............

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 21:53

What have you got to lose that they aren't already holding over your head?

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
04/03/2011 21:53

dont forget tcs, will also need to be reunited with lost properties south side , works both ways my friend , and greece is bankrupt ? turkey still holds the trump cards , they should claim compensation for the cost of keeping theyre military on the ground preserving the peace, stopping the murders , and liberating the island .

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 21:58

What has that got to do with this?I don't see the same buying problems in SC that I see here, compensation is for the politicians to sort out, afterall they are the ones selling the land.

martinD41


Joined: 06/09/2010
Posts: 3001

Message Posted:
04/03/2011 22:05

steady on rowlo,you'll have the "Happy Clappy Karaoke" crew here any second ...

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
04/03/2011 22:19

expats have also bought south side , and are finding it hard to get title deeds , why ? because the same problems will arise , its not gonna be im alright jack f@@k you , the clever expat bought trnc , the stupid one bought roc , ma auld grannie used to say , never gamble more than you can afford to lose .

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 22:25

True but they do get them eventually and it is usually the fault of the builder and has nothing to do with disputed land title and if deeds are available which is increasingly becoming the norm as buyers get wiser it is a done deal, you don't worry for another 2 years or so whether you will be bumped by sellers or government or lose assets in UK through EU court case.You must admit, the comparisons you are trying to make are tenuous to say the least?

philbailey


Joined: 17/01/2011
Posts: 3534

Message Posted:
04/03/2011 22:28

I thought all the smart ex-pats in Cyprus rented

and lived off the interest

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
04/03/2011 22:30

No those are the guys who sold up and moved onto a council estate

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
05/03/2011 06:17

Roomy said



"true but they do get them eventualy"



Says who ?



http://www.cyprus-mail.com/cyprus/our-view-it-imperative-clean-our-act/20110123



there are very real risks buying property in the south. Certainly some of the issues that apply in the north are not relevant there, but some are very similar to here.



for example cases of people paying in full for property only to discover the land it is built on is mortgaged for example.



http://www.cyprus-mail.com/cyprus/couple-can-stay-can-t-pass-their-home/20110205



One of the most worrying cases in the RoC is the O Dwyer case that is too long to go into here but represents a traversty and perversion of justice at hudical and government levels in my view.



http://www.cyprus-mail.com/corruption/o-dwyer-loses-case-against-developers/20110121

http://www.cyprus-mail.com/crime/our-view-o-dwyer-decision-another-nail-property-coffin/20110129



Is there more risk buying in the north than the south. Certainly.



[cont]

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
05/03/2011 06:18

Is buying in the South 'risk free' - certainly not.

racoonchic



Joined: 17/11/2008
Posts: 3223

Message Posted:
05/03/2011 06:24

can i ask ..do you have a property any were in cyprus roomy ?

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
05/03/2011 12:39

racoonchic, no but will do, maybe this year, looking for the best place for me and mine.I spend a lot of time in SC and am looking to broaden my horizons, the North appeals to me but as I have said before a lot of people are advising me against it.



I do own a few different properties in the UK so am no stranger the way it should work and I certainly wouldn't buy anything unless i was positive I owned it at the point of exchange which is why properties in SC with title deeds is winning me over at the moment but the much cheaper prices in NC still interest me but only if I can convince myself it is worth the risk.

Zoots


Joined: 05/02/2011
Posts: 669

Message Posted:
05/03/2011 13:12

Roomy, legally you are of course safer in the south as you have the protection of the EU, human rights and the law.



Msg 11, what has Greece got to do with TC properties in the south? Answer - nothing. There' enough ignorance here without misleading gullible people even further.

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
05/03/2011 14:13

Roomy why don't you have a look at leasehold properties in Karaman and Ilgaz. Could be another option for you. Ian Smith's has most of the ones for sale.

erolz


Joined: 17/11/2008
Posts: 3456

Message Posted:
05/03/2011 16:30

zoots said " legally you are of course safer in the south as you have the protection of the EU, human rights and the law."



Try telling that to Conor O’Dwyer



http://www.lyingbuilder.com/



Not only has he paid for a property which the builder has then sold to a third party and kept his money, he has twice been seriously assulted by said builder. The Attorney General of Cyprus decided there was not enough evidence to support a prosecution of the builders for fraud, but did decide to launch a prosecution against Mr O'Dywer for alledged defamation when he reported his woes on a website (link above). This prosecution was subsequently dropped by the RoC.



The simple truth is that " protection of the EU, human rights and the law" you seem to put so much stock in has done nothing to protect Mr O'Dwyer or indeed the many buyers in the RoC who have discovered mortgages taken out on properties they bought and paid for.

Meerkat


Joined: 21/01/2011
Posts: 368

Message Posted:
05/03/2011 17:00

It is so disgusting & a disgrace that so many people have been totally conned & nothing can be done to help these people. They don't really care about the long term future of this Island as these people have done so much damage who would want to take the risk again.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
05/03/2011 18:23

Just before we left the South to come here, our neighbour received a letter from the bank, asking her if she would like to buy her [fully paid for] property back from them! This problem is rife in the South - here, the 'chickens haven't yet come home to roost' - however, at the Kulaksiz 5 auction, which I was present at, Mr. Rauf Denktash warned those present, a very large crowd of expats, that there were, to his knowledge [if I heard correctly] another imminent 1400 impending auctions 'in the pipeline'.



Now, doesn't that give people confidence?!



Add to that his advice to conned buyers of pre '1974 Turkish Title [re. sue TRNC at ECHR] and it doesn't take a Philadelphia lawyer to work out the TRNC governments' long-term strategy!

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
06/03/2011 08:50

Roomy

Buying in the south is just as bad as here in the TRNC ... I would say even worse because they have no excuse in respect of property and land ownership ... it is all about scams, banks and corruption.



http://www.no-deeds-no-money.moonfruit.com

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
06/03/2011 18:57

hold up . zootsmsg 22 ,are you for real , or just another greek lover my man ?

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
06/03/2011 19:27

Assuming I don't make an arse of myself and fall prey to the scams of criminal vendors, solicitors, registrars and everyday ten a penny wankers that are protected by corrupt police, local and indeed government officials, is it possible to buy a legally titled property on legally deeded land in the TRNC being that I am an Englishman without a trace (as far as I know) of Turkish blood flowing though my veins?



I know this can be done in SC at probably twice the price of NC.Truthfully people, is it all an effing scam?

rowlo



Joined: 12/10/2008
Posts: 4796

Message Posted:
06/03/2011 19:32

it can be done .

Roomy


Joined: 20/02/2011
Posts: 836

Message Posted:
06/03/2011 19:33

Tell me how rowlo, that is why I am here.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/03/2011 08:06

Roomy - how can any foreigners claim they actually own ANY type/designation of property in TRNC while they only 'enjoy' residency on an annually renewable visitor visa/work permit status and can be deported on a whim with no excuse having to be given? Foreigners have NO inalienable rights!

halffull


Joined: 26/01/2009
Posts: 571

Message Posted:
07/03/2011 08:36

Roomy,

How long has this farce of a settlement been going on? How many british buyers are retired? How many give a ****** about the outcome because they wont be around to see it, but are just enjoying their final years in the sun!

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/03/2011 09:40

So, for say £40k, you could have 10 years in a nice villa with pool without committing to purchase, also the opportunity to move around freely if renting. Add your living costs £10-15k, and [arguably!] you have achieved your ambition for the same cost as purchasing a 3 bed/pool villa - aka 'dump it and run' 'Concrete Tent'!

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
07/03/2011 09:46

So,Tenakoutou;



Have you sold your villa yet?

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/03/2011 10:03

yorgozlu/msg 35:



That's nothing to do with this thread subject.



I know quite a few people who know you, but you don't know I know!



So, hopefully, we'll meet up soon and I'll tell you what's what!

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
07/03/2011 12:18

Tenakoutou;

My intention was on the thread subject but it is dead now.In any case,I'll tell you when we meet up and you can also tell me about the ones that 'know' me,though I must admit knowing and knowing are 2 different things!

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/03/2011 13:33

yorgozlu/msg 37:



You're not wrong!



Especially in Cyprus - it's not what you know - it's WHO you know!

caulkhead


Joined: 03/01/2009
Posts: 149

Message Posted:
07/03/2011 13:44

I think some members are in danger of becoming an embarassment to Cyprus 44!!

Zoots


Joined: 05/02/2011
Posts: 669

Message Posted:
07/03/2011 18:11

rowlo msg 28,

Just trying to keep some accuracy here. You seemed to think in your msg 11 that Greece has responsibility for compensating for lost property in the south. Why?

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
07/03/2011 19:25

Zoots/re. Msg 40: Perhaps Greece and UK should be responsible for paying compensation, since they renegued on their 'contractual' responsibilities as guarantor powers. If you read 'The Genocide Files' - Harry Scott Gibbons, you might be inclined to agree. Also, the UN, according to all accounts, proved themselves almost completely ineffectual in curbing GC violence against the TC's; so, by rights, they should also pay a share of the compensation.



The Greek colonels, however short their term in power, backed General George Grivas, who instigated and [sometimes, the little coward!] led, or ordered, EOKA 'B' raids on Turkish Cypriot villages and enclaves. Just prior to the Turkish 'Peace' Intervention, the GC's were slaughtering each other in substantial numbers, as well as trying to achieve their goal of 'ethnically cleansing' [I hate that crass euphemism!], or, more specifically, attempting total annihilation [genocide] of all areas of the island containing Turkish Cypriots.

Zoots


Joined: 05/02/2011
Posts: 669

Message Posted:
07/03/2011 20:14

Tenak,



For sure, the Greek colonels hold a lot of the blame post-67, esp giving Turkey the come-on to invade and partition the island. But CIA shenanigans and Brit laissez-faire put paid to saving Cyprus as a unitary republic. As ever, the ordinary Cypriots suffered the most and especially the TCs. As the businessman Kufi Birinci put it, "the Greek Cypriots lost half the island but we lost it all."

I have read the Genocide Files and while the historical events and clashes undoubtedly took place, the author is so completely one-sided and biased to the Turkish position (there's not one Greek or GC reference in the bibliography) that it insults the intelligence. In fact, I believe it was sponsored and censored by the Denktas administration, which really destroys credibility.

yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
08/03/2011 06:43

Tenakoutou/msg38



In Cyprus,with what I KNOW,there is no shortage of ones wanting to KNOW me.



Thats my 'saying of the day'.

Tenakoutou



Joined: 27/07/2009
Posts: 4110

Message Posted:
08/03/2011 09:26

yorgozlu/msg 43:



I hear from our mutual friends that you're a friendly sort of bloke - I'm just a guitar strummin', harmonica puffing, easy-going Kiwi!