Cyprus-Forum.com

[victorescu]

Hi everyone,

I'm not from Cyprus and recently I had the opportunity to speak with a Cypriot taxi driver on my way from Larnaca Airport to Limassol.

That guy ... was fantastic!

He started to tell me stories about Cyprus: Cyprus people, Cyprus places, Cyprus food, Cyprus music ... and so on for almost an hour.
Man ... I was amazed ... I liked each and every word he was saying about Cyprus and Cyprus history.
At one moment of time, a British military car passed near our car, and he started to tell me how much he hate the Turkish people for abusive taking of the North Cyprus. He was also angry on British army because they somehow participated into this. (any of you has details on this?)

Why did I tell you this story? ... wait to finish pls...

This summer, I visited Kantara Castle in North Cyprus.
Wow! ... has an outstanding view, incredible pictures I made over there, and I loved that region incredible for its ancient beauty!

Many of my friends that visited different parts of North Cyprus showed me incredible pictures and told me only nice words about the beauty of the this piece of land.

Recently, my brother in low, started to search a villa in North Cyprus, in order to buy it and rent it. But! ... now comes my big question:

HOW LEGAL ARE PAPERS FOR A PROPRIETY IN NORTH CYPRUS???

As far as I understood, this part belong to Cyprus and the recent Turkish invasion is categorized as dishonest and illegal.
So, if any of you can give some answers on this, or at least redirect me to some pages on this subject, would be perfect.

Thank you for your help into this matter,
Victor

[Nikitas]

If you are from another EU country and buy land in the north belonging to a Greek Cypriot you can be sued in a Republic of Cyprus court. The judgement then can be executed in any EU country. So make sure you buy land belonging to a Turkish Cypriot and the ownership is from before 1974.

Alternatively buy land in the south that faces the sea, same good views can be had in many places up in the mountains.

Third choice, is more ecological, buy no land, so the demand will be low and people will have no incentive to turn every square inch of CYprus into concrete.

[humanist]

Victor........ legal and ethical are two different things. Refugee land is often sold to foreign buyers by Turkish and cypriot scum alike. I support Nikitas' third choice.

[Sotos]

It is both illegal and unethical! It is buying a stolen good that does not belong to the one who sells it to you! The Turkish Cypriot properties with pre-1974 property deeds are much more expensive. The cheap properties that some scum foreigners buy there are the Greek Cypriot properties. They are cheap because they stole them!

[Tim Drayton]

The following article about the local property market from the Turkish Cypriot newspaper Yeni Düzen dated 31 July this year (with my translation) is, I think, quite informative:

http://www.yeniduzengazetesi.com/print.php?news=12518

Emlak piyasasında arz ve taleblerde büyük bir dengesizlik yaşanıyor. Taleplerde azalma yaşanırken arz da büyük bir ilerleme meydana geldi. Bankaların “Rum koçanlı” arsalara kredi vermemesi ve vatandaşların Rum koçanlı arsalara talepte bulunmaması emlakçılar için büyük sıkıntılar yaratıyor

TRANSLATION:
A massive imbalance between supply and demand is being experienced in the property market. While a drop in demand is being experienced, a large increase in demand is taking place. The fact that banks won't give loans against plots with "Greek title deeds" and that there is no demand from citizens for plots with Greek title deeds is causing estate agents a lot of difficulty.

The "citizens" here are the local people in the north of Cyprus. It appears that they, along with their financial institutions, know something that they do not care to share with foreigners. That is that buying property whose legitmate owners under international law are Greek Cypriots is too risky to contemplate.

[RAFAELLA]

Dear Victor, the following is a warning from the RoC Foreign Affairs Ministry. You can direct yourself to the website below to read all about our stolen occupied land, UN resolutions, ECHR decisions etc.

Foreign citizens are warned against the purchase of Greek Cypriot owned property, in the part of the Republic of Cyprus which has been under Turkish military occupation since 1974.

As a result of the Turkish invasion and subsequent occupation of 36.4% of the territory of Cyprus, 170,000 Greek Cypriots, who constituted 2/3 of the inhabitants of the occupied area, were forced to flee from their homes. According to the 1964 Land Registry Office Records, Greek Cypriots owned approximately 78% of the privately owned land in the territory now under Turkish occupation, while persons belonging to the Turkish Cypriot community owned approximately 21%.

The displaced persons are to this day prevented by the Turkish armed forces from returning to their homes and peacefully enjoying their properties. However, under Human Rights Conventions, as well as international and national law, they retain their title to their property.

http://www.mfa.gov.cy/mfa/properties/oc ... enDocument

...and at the following site you will find how many UK citizens got in trouble and lost lots of money by buying properties in the occupied areas. They even made a web site!
http://www.trncpropertywarning.freewebs ... -Prejudice

[Viewpoint]

Victor if you believe the Cyprus problem will be solved then dont buy land in the TRNC....but the chances of a settlement between TCs and GCs is very very very unlikely and to support this there are 10.000 foreign land owners in the TRNC with 2500 of them permanent resident in the TRNC. The Israeli always invest wisely and they are currently buying up big chuncks of Land with sea views, the choice is yours.

[Nikitas]

The Israelis invest wisely!!!! YOu do read some funny lines in this place. LIke they invest in the Werst Bank and the Golan Heights. If you believe this crap Victor then also buy some land there too, and when you are done look at the post about seabed petroleum plots someones was selling the other day on this forum. There are always people ready to accomodate a sucker.

[miltiades]

Victor if you believe the Cyprus problem will be solved then dont buy land in the TRNC....but the chances of a settlement between TCs and GCs is very very very unlikely and to support this there are 10.000 foreign land owners in the TRNC with 2500 of them permanent resident in the TRNC. The Israeli always invest wisely and they are currently buying up big chuncks of Land with sea views, the choice is yours.

Very Very unlikely is it VP , I wonder why you are so confident .Could it be that YOU would lose financialy.The mind boggles !!
I wonder if the Israelis know something we dont !!

[Viewpoint]

The Israelis invest wisely!!!! YOu do read some funny lines in this place. LIke they invest in the Werst Bank and the Golan Heights. If you believe this crap Victor then also buy some land there too, and when you are done look at the post about seabed petroleum plots someones was selling the other day on this forum. There are always people ready to accomodate a sucker.

I know you hate hearing whats really going on and you will try to make excuses or even jokes but it deosnt change the reality that investors are in the north buying up land. Was that the "RoC" petrol beds???