Cyprus-Forum.com

[Nikitas]

Land in Karpasia is worth 1/30th of land in Larnaca! Then leave the land in Karpasia to its owners and keep your Larnaca bit. You opt for Karpasia the comparative values are your problem and you are stuck with it.

My memory is that land anywhere along the northern coast was pretty valuable in 1974, I know because we could not afford anything there. Suddenly now as the solution gets to the land issue it is worth a lot less, typical Turkish cynicism and bazaar mentality. Create a problem and then demand ransom to solve it.

[Lordo]

Land in Karpasia is worth 1/30th of land in Larnaca! Then leave the land in Karpasia to its owners and keep your Larnaca bit. You opt for Karpasia the comparative values are your problem and you are stuck with it.

My memory is that land anywhere along the northern coast was pretty valuable in 1974, I know because we could not afford anything there. Suddenly now as the solution gets to the land issue it is worth a lot less, typical Turkish cynicism and bazaar mentality. Create a problem and then demand ransom to solve it.

free market exchange, what will be will be.
we did not create the problem dear fellow. even a man from mars knows that. how the hell are the tcs responsible for this mess,
1. you started the war in 63.
2. you started the war in 74
3. you applied embargoes from 63.

where exactly could the tcs had any contribution to the situation. ffs man you lost it completely.

[Nikitas]

You keep saying land in the south is more valuable, and you start to believe it, and you convince others to believe it, then the meme might just turn out to be real. Then you will be moaning of how the poor TCs are confined to the undervalued bit of the island and no one wants to invest there.

[Lordo]

You keep saying land in the south is more valuable, and you start to believe it, and you convince others to believe it, then the meme might just turn out to be real. Then you will be moaning of how the poor TCs are confined to the undervalued bit of the island and no one wants to invest there.

i dont keep saying it. there are real exchanges between the gcs and trnc and those are the figures. how many times do i have to tell you. 27 donums of larnaca land for 600 donums of dimbu land just outside lefkosa, so it is not quite 30 times but a round figure of 20 is ok. and this was done after the property collapse in the south. it was done because trnc holds the deeds for the larnaca land as they did exchange and gc was happy. of course roc was not and conned the gc fellow into accepting half the money in cash but thats another story. this isa fact not a wish. this has happened. you want to exchange sure i am ready. i know a fellow who has land on both sides and willing to exchange with either side. who ever want so exchange is welcome apparently. he has set up a co called we buy any property and sell any property we have.

as your friend shitface always says there is nothing like being screwed by your friend.

[Pyrpolizer]

You keep saying land in the south is more valuable, and you start to believe it, and you convince others to believe it, then the meme might just turn out to be real. Then you will be moaning of how the poor TCs are confined to the undervalued bit of the island and no one wants to invest there.

i dont keep saying it. there are real exchanges between the gcs and trnc and those are the figures. how many times do i have to tell you. 27 donums of larnaca land for 600 donums of dimbu land just outside lefkosa, so it is not quite 30 times but a round figure of 20 is ok. and this was done after the property collapse in the south. it was done because trnc holds the deeds for the larnaca land as they did exchange and gc was happy. of course roc was not and conned the gc fellow into accepting half the money in cash but thats another story. this isa fact not a wish. this has happened. you want to exchange sure i am ready. i know a fellow who has land on both sides and willing to exchange with either side. who ever want so exchange is welcome apparently. he has set up a co called we buy any property and sell any property we have.

as your friend shitface always says there is nothing like being screwed by your friend.

How many times should I tell you your calculations are fallacious??
"Current value" of GC land in the occupied has absolutely nothing to do with it's real value. Simply because it is stolen land in a non state.
For a GC refugee who is at dire straits e.g. Tymbios who exchanged his land in the occupied with Evkaf land in Larnaca is a matter of choice between ZERO value (no solution) -the value his properties would have after a solution- and the value his lands currently have in the occupied as stolen lands in a non state. His choice doesn't concern anyone. Moreover it cannot be set as a rule for anyone in case of a solution.

You think you can exchange lands after a solution based on todays situation of stolen lands in a non state with the values of well developed lands in an advanced EU state? And on top of it force the GCs to accept this froggy rule?? Dream on, or listen to your song once again.
The values of the lands in the occupied will no longer be their "current value". But rather something between today's current value of genuine TC land in the occupied and GC land in a similar location in the free areas. Notice also that values in the free areas will drop after a solution as a result of abundance.

Now here's some old bad news for you:The Annan Plan that was generally bad on all issues, assumed that exchange of Lands would be for lands in SIMILAR LOCATIONS. This translates to equal FUTURE value of lands NOT current.

[Lordo]

pay attention bo

[Mustiejodu]

Labelling the whole greek race as a liar I find this very stereotypical viewpoint and its racist. If you were trying to say that factual historical events have been fabricated then you could have explained your topic by saying the PROPOGANDA machine that influenced greek opinion was very economical with the truth.

IF YOU SAY IT THIS WAY YOUR NOT INSULTING MY COMPATRIOTS

[Pyrpolizer]

For Lordo the illussionist:

Here are the relevant extracts from Annan Plan:

Current value (31) – value of a property at time of dispossession, plus an adjustment to reflect appreciation based among other things on increase in average sale prices of properties in Cyprus in comparable locations (32) in the intervening period up to the date of entry into force of the Foundation Agreement.

31: Expert advice shall be sought from quantity surveyors, economists and/or specialists in property valuation on the final formulation of provisions relating to assessment of value.

32: The value at the time of dispossession and the calculation of the increase should be based on the hypothesis that events between 1963 and 1974 had not taken place, i.e. they should not take into account alteration in values due to those events; it should if possible therefore be based on comparable locations where property prices were not positively or negatively affected by those events.

[Lordo]

thats excellent. now we are getting somewhere.
you can take out the 63 and 74 events by all means. certainly it has had an effect and that would be fine. i have no issue with that.

so you take a house with a swimming pool in girne which costs 150k and adjusted it all you like. you can still buy at least 3 houses in girne with a house in limasol, baf or larnaca and 20 houses with it in karpaz. lefkosa balances out and magusa the gc part and guzelyurt you can have back.

you see the real damage on prices was not done between 1963 and 1974 it was done after. get it. even if you reduce the difference to twice as much. we are still talking about 27% for the north plus the remaining tc properties in the south.


you left this bit out.

Market value - the amount for which a property could be sold on the
open market, based on an assessment of purchase prices or amounts
paid for comparable properties in comparable locations at the time of
assessment.35

so the price begins from the open market price. adjust its appreciation to your hearts content as to what happened between 1963 and 1974.

lovely juvely.
rodders this time next year we ll be millionaires.

[Pyrpolizer]

thats excellent. now we are getting somewhere.
you can take out the 63 and 74 events by all means. certainly it has had an effect and that would be fine. i have no issue with that.

so you take a house with a swimming pool in girne which costs 150k and adjusted it all you like. you can still buy at least 3 houses in girne with a house in limasol, baf or larnaca and 20 houses with it in karpaz. lefkosa balances out and magusa the gc part and guzelyurt you can have back.

you see the real damage on prices was not done between 1963 and 1974 it was done after. get it. even if you reduce the difference to twice as much. we are still talking about 27% for the north plus the remaining tc properties in the south.


you left this bit out.

Market value - the amount for which a property could be sold on the
open market, based on an assessment of purchase prices or amounts
paid for comparable properties in comparable locations at the time of
assessment.35

so the price begins from the open market price. adjust its appreciation to your hearts content as to what happened between 1963 and 1974.

lovely juvely.
rodders this time next year we ll be millionaires.

It seems to me you don't even understand what you are reading...
A stolen house in Kyrenia with a swimming pool when adjusted in value will only be comparable to a house in Larnaca with a swimming pool. If you left such a house behind then fine. However if you left behind some sheepcotes, or a wretched hole, you will be needing ... erm... about 30 of those to balance