Cyprus-Forum.com

[Pyrpolizer]

If Tc has used disputed land worth 250.000 cyp and built a hotel worth 5.000.000 cyp will you give the right to the Gc to get back the land with the hotel on it or the gc can choose to have the hotel demolished? What will happen to the TC 5 million investment?

First of all you know the term "disputed land" is wrong. The correct term is "land not belonging to him". Secondly it is very important (I will explain later why) that the investment was done by a TC and is still in his own hands.

My answer thus is: The GC owner should still keep his right on his own property. The TC investor should also keep his right on his investment. It would be stupid to start demolishing buildings/hotels because these are producers of wealth and jobs and GNP.
You may ask, how the two rights could co-exist? There are are many ways, here are some I can think of:

a)The hotel+land bussiness to issue proportional shares to the land owner and to the Investor.
b)The land owner to accept compensation from the investor and sell his land
c)The owner to receive rent for his land for as long as the hotel building is there. (maximum life of buildings as you know is 70 years)
d)The owner to pay 5 million the investor and buy the hotel built on his land.
e)Any other agreement the 2 parties would agree.

Do you see any contradiction of the above to what I have already said in my previous post? There is absolute freedom of choice.

Notice the investor rights (be him a TC not a settler or a mainland Turkish Company ) can actually be made legal even under EU law deriving from the "right of necessity". However this "right of necessity" does not exist for foreign nationals e.g British who build their holiday homes on stolen GC land. Those people (e.g Orams) are guaranteed to lose their investments in the end.

NB.For your information the ratio between cost of land and cost of building a hotel in the free areas is about 1:4. Your example seems out of reality (1:20?). And there is no land available costing less than a million.-I mean land suitable for such a bussiness.

[MR-from-NG]

NB.For your information the ratio between cost of land and cost of building a hotel in the free areas is about 1:4. Your example seems out of reality (1:20?). And there is no land available costing less than a million.-I mean land suitable for such a bussiness.

That may be true for the south but not for the north. Land is 2 to a penny on this side. So the ratio of 20 to 1 is very much the norm.

[pitsilos]

NB.For your information the ratio between cost of land and cost of building a hotel in the free areas is about 1:4. Your example seems out of reality (1:20?). And there is no land available costing less than a million.-I mean land suitable for such a bussiness.

That may be true for the south but not for the north. Land is 2 to a penny on this side. So the ratio of 20 to 1 is very much the norm.

typical short term mentality. thats alright keep on short changing your selves.
and one you will be carting the garbage out of their houses. only then you will learn how you cheated your selves, but then again you will blame everyone else for your problems.

[MR-from-NG]

typical short term mentality. thats alright keep on short changing your selves.
and one you will be carting the garbage out of their houses. only then you will learn how you cheated your selves, but then again you will blame everyone else for your problems.

All our long term plans were screwed in the sixties and again in 74. So you are not included in our immediate plans. We live day by day.
We sell a couple of acres of your land, live in luxury for as long as it lasts and then sell again if and when needed.

Do we have any other choice?

[pitsilos]

again stuck in a time warp. well you give a big thank you to turkey for putting you in big open jail. they sentenced you to a life in prisonment, but hey what ever makes you happy. you better get that suitcase out, and throw the useless wallet away because millionaires need space to put their money back. ie suitcases

keep on selling mate, but you know the river sometimes run dry, and then what, you going to blame who for your misfortunes?

and don't forget to thank these 70 million people for keep them back by not accepting the finnish proposal. but who am I kidding, turkey will accept the proposal, as if she got a choice.

do not worry we will have this conversation again. but I am afraid we won't be seeing purple flying pigs but people moving back to their homes in varosha. mark my words buddy. the turks are sick of caryying suitcase full of money just to buy bread. you choice

[MR-from-NG]

Pitsilos, sorry to spoil your day but it will be OUR WAY OR NO WAY.

[pitsilos]

sure you will. keep on believing it but judging from talats trip i beg to differ.

why doesn't turkey walk away rather than get humiliated and not just from wiggling her ass but also from the french. but you are still there trying to get in.

why, why why, why answer the question damn it. why is turkey after the constant humiliation and us ass kissing you are still trying. why?

[MR-from-NG]

sure you will. keep on believing it but judging from talats trip i beg to differ.

why doesn't turkey walk away rather than get humiliated and not just from wiggling her ass but also from the french. but you are still there trying to get in.

why, why why, why answer the question damn it. why is turkey after the constant humiliation and us ass kissing you are still trying. why?

Under the circumstances Turkey is doing rather well. I don't see it being humiliated. If anything I would say its the opposite. It is standing its ground and showing great resilience against the whole of the EU. Any weaker nation would have given up and walked away long ago. Thank god Turkey has balls of steel.

[pitsilos]

sure you will. keep on believing it but judging from talats trip i beg to differ.

why doesn't turkey walk away rather than get humiliated and not just from wiggling her ass but also from the french. but you are still there trying to get in.

why, why why, why answer the question damn it. why is turkey after the constant humiliation and us ass kissing you are still trying. why?

Under the circumstances Turkey is doing rather well. I don't see it being humiliated. If anything I would say its the opposite. It is standing its ground and showing great resilience against the whole of the EU. Any weaker nation would have given up and walked away long ago. Thank god Turkey has balls of steel.

balls of steel, is this why erdogan went to the us and came back with nothing?

and boy did they spit the dummy with the french?

but tell me how does it feel to have 500,000 people bitch slapping 70 million people?

and what did they europeans called erdogan? a carpet trader. i wouldn't call that balls of steel but rather shit for brains

mate just tell me how many insults does it take for you turks to get a red face.

yes and please walk away. now that will require balls. so far what we see is pussy. no balls to walk away.

[MR-from-NG]

balls of steel, is this why erdogan went to the us and came back with nothing?

and boy did they spit the dummy with the french?

but tell me how does it feel to have 500,000 people bitch slapping 70 million people?

and what did they europeans called erdogan? a carpet trader. i wouldn't call that balls of steel but rather shit for brains

mate just tell me how many insults does it take for you turks to get a red face.

yes and please walk away. now that will require balls. so far what we see is pussy. no balls to walk away.