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It Starts - requests for pre '74 titled property

How can we solve it? (keep it civilized)

Postby halil » Wed Feb 24, 2010 2:38 pm

EricSeans wrote:I'd be interested to know what current values are or what stuff has been selling for even in this rubbish market. I bought a Pre-74 title two-storey old house on half a donum, corner plot, Upper Kyrenia, for £32K Sterling in 2001. I'm probably best to sit on it but I didn't have two small children costing the earth back then! I've never had it valued and probably wouldn't trust an estate agent whatever they said, so any anecdotal evidence is welcome.


http://www.turkishtitleproperties.com/
http://www.cypriothomes.com/north-cypru ... ia-001.htm

BOGAZ area is around where i live and prices are for land 40k-60k per donum.


http://www.busybeesestateagents-cyprus. ... p0027.html
http://www.busybeesestateagents-cyprus. ... -0423.html
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Postby SKI-preo » Wed Feb 24, 2010 2:40 pm

The Kyrenia District had fewer Turkish inhabitants/legitimate land owners than all other Districts of Cyprus. If there is a massive drop in land owned legitimately by Turkish Cypriots because it has all been sold to foreigners for holiday homes,the effect will be that even fewer Turkish Cypriots have legal title in this District. What will happen if no Turkish Cypriot actually has legal title to any land in the district? It will weaken the Turkish Cypriot position significantly.

The other thing to observe is unmasking of carpet baggers' support for the Turkish Cypriots for their own means. I find it interesting that during the property bubble Carpet baggers surfaced all over the comments section in Newspapers dealing with the Cyprus Problem posting words to the effect of " Greek Cypriots 'attacked' Turkish Cypriots in the early 1960's therefore our illegal titles bought on the cheap from the back of a truck, should be legalized". I expect a withdrawal of support as property speculators look for somebody to blame (not themselves) for their greed and risk taking.
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Postby EricSeans » Wed Feb 24, 2010 11:35 pm

vaughanwilliams wrote:
EricSeans wrote:I'd be interested to know what current values are or what stuff has been selling for even in this rubbish market. I bought a Pre-74 title two-storey old house on half a donum, corner plot, Upper Kyrenia, for £32K Sterling in 2001. I'm probably best to sit on it but I didn't have two small children costing the earth back then! I've never had it valued and probably wouldn't trust an estate agent whatever they said, so any anecdotal evidence is welcome.


Has it been modernised yet or is it still the old Cypriot room layout. What about plumbing/electrics?


Spent about £20K at the time overhauling the roof, rewiring, re-plumbing, new bathroom, kitchen etc and changed the layout a bit so it now has four bdrms upstairs. It's got an arch and flagged floors. Presumably a landline counts for something. :)
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Postby EricSeans » Wed Feb 24, 2010 11:39 pm

halil wrote:
EricSeans wrote:I'd be interested to know what current values are or what stuff has been selling for even in this rubbish market. I bought a Pre-74 title two-storey old house on half a donum, corner plot, Upper Kyrenia, for £32K Sterling in 2001. I'm probably best to sit on it but I didn't have two small children costing the earth back then! I've never had it valued and probably wouldn't trust an estate agent whatever they said, so any anecdotal evidence is welcome.


http://www.turkishtitleproperties.com/
http://www.cypriothomes.com/north-cypru ... ia-001.htm

BOGAZ area is around where i live and prices are for land 40k-60k per donum.

Cheers for the links, Halil.


http://www.busybeesestateagents-cyprus. ... p0027.html
http://www.busybeesestateagents-cyprus. ... -0423.html
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Postby RichardB » Thu Feb 25, 2010 12:06 am

EricSeans wrote:
vaughanwilliams wrote:
EricSeans wrote:I'd be interested to know what current values are or what stuff has been selling for even in this rubbish market. I bought a Pre-74 title two-storey old house on half a donum, corner plot, Upper Kyrenia, for £32K Sterling in 2001. I'm probably best to sit on it but I didn't have two small children costing the earth back then! I've never had it valued and probably wouldn't trust an estate agent whatever they said, so any anecdotal evidence is welcome.


Has it been modernised yet or is it still the old Cypriot room layout. What about plumbing/electrics?


Spent about £20K at the time overhauling the roof, rewiring, re-plumbing, new bathroom, kitchen etc and changed the layout a bit so it now has four bdrms upstairs. It's got an arch and flagged floors. Presumably a landline counts for something. :)


Good Evening Eric

Sounds about what I have spent (up to yet ) on mine My roof was 7.500
Bathroom was a couple of thousand and we also pegged our outside down with traditional tiles as you did ................but then again it was legal....................PS my place is in the Troodos mountains ( Lemythou)

BTW I got al my deeds
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Postby EricSeans » Thu Feb 25, 2010 11:46 am

RichardB wrote:
EricSeans wrote:
vaughanwilliams wrote:
EricSeans wrote:I'd be interested to know what current values are or what stuff has been selling for even in this rubbish market. I bought a Pre-74 title two-storey old house on half a donum, corner plot, Upper Kyrenia, for £32K Sterling in 2001. I'm probably best to sit on it but I didn't have two small children costing the earth back then! I've never had it valued and probably wouldn't trust an estate agent whatever they said, so any anecdotal evidence is welcome.


Has it been modernised yet or is it still the old Cypriot room layout. What about plumbing/electrics?


Spent about £20K at the time overhauling the roof, rewiring, re-plumbing, new bathroom, kitchen etc and changed the layout a bit so it now has four bdrms upstairs. It's got an arch and flagged floors. Presumably a landline counts for something. :)


Good Evening Eric

Sounds about what I have spent (up to yet ) on mine My roof was 7.500
Bathroom was a couple of thousand and we also pegged our outside down with traditional tiles as you did ................but then again it was legal....................PS my place is in the Troodos mountains ( Lemythou)

BTW I got al my deeds


Always better to go for the traditional look if you want to fit in with the area, I agree. Troodos a must for the summer. Kakopetria's my personal favourite village.

Also have all my deeds, GC and TC. BTW by "legal" do you mean paying the contractor cash or doing it through the books and copping VAT?
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