Pre-1974 Seafront Land Title Deeds - North Cyprus

bkypros


Joined: 01/01/2012
Posts: 1

Message Posted:
01/01/2012 23:56

My deceased father owned sea front land in Kyrenia (the property sits next to a hotel currently). I am in the U.S... what is the current financial climate in that area for interest in such pre-1974 title deeds. There are approximately 14 titles... all land was purchased between 1930 and 1963. I am very curious even if anyone would even have any interest in this property? Propaganda in the U.S. makes it sound as if no one purchases land in Northern Cyprus...



Thanks for any information available!

walkerscott


Joined: 13/08/2009
Posts: 901

Message Posted:
02/01/2012 00:32

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

Erkin


Joined: 15/06/2011
Posts: 339

Message Posted:
02/01/2012 01:01

your grandfather bought the land between 1930s and 1960s and it has taken you or your family 40 years to do anything about it,



more than likely you have lost it all.

wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
02/01/2012 03:04

If you are Greek Cypriot this may help

The IPC was set up in March, 2006 by Turkey as a way to deal with Greek Cypriot refugees’ property claims.

In 2010 the European Court of Human Rights (ECHR) ruled that it was an effective domestic remedy, forcing Greek Cypriots unwilling to wait for a solution to the Cyprus problem to apply to the IPC and its appellate body before seeking recourse to the Strasbourg-based court.

Applicants at the IPC have three options: restitution, exchange with property in the government-controlled areas or expropriation with compensation, though the overwhelming majority of settled cases have resulted in expropriation.

The options stem from the loss of use of property from 1974 onwards. Over 2,000 claims have been lodged, with only 181 cases processed so far through friendly settlement with the IPC paying out about €67 million in compensation.

http://www.cyprus-mail.com/cyprus/ipc-deadline-officially-extended/20111208

canada


Joined: 17/05/2011
Posts: 195

Message Posted:
02/01/2012 08:00

has the land been transferred to your name?if not you need a lawyer ,its a bit of a lengthy process.

the land registry in lca ,if it is in your name will issue you updated title deeds .

there are g/c interested in sea front land ,seek a larnaca based lawyer firm (major one)and they can help you with finding a buyer .the ipc pays only a small fraction of what you should get .

Firat


Joined: 27/05/2010
Posts: 70

Message Posted:
02/01/2012 12:13

You can contact us on 0090 533 8406777 or you can email me on firat@caoltd.com

If I can help, I can do it free of charge.



Cyprus Advisors Office

Firat Ortac

cavalryman


Joined: 08/11/2010
Posts: 314

Message Posted:
02/01/2012 17:27

And be very very careful who you deal with see previuos posts on property,I would suggest a visit

Bradus


Joined: 25/02/2007
Posts: 2641

Message Posted:
02/01/2012 18:30

Maybe also look on Face Book: Stop the Blackmail as there is also someone asking similar questions

to yours.



Take heed of Cavalryman's warnings and tread with caution.

goztop


Joined: 17/05/2010
Posts: 16

Message Posted:
03/01/2012 14:58

Try this website: http://www.northcyprusipc.org/

for the Immovable Property Commission