Heres a hypothetical scenario for you Zan and Murataga.
Suppose the RoC government and your administration are put aside and the EU takes over Cyprus for administration and apply their own law here. There is no president, no parliament nothing, only EU officials doing some very basic administration, whereas the courts are based on EU aquis.
How do you see the situation developing?
In my opinion you will be in big trouble regarding the properties.
This is not an unrealistic scenario. In fact this is what would probably happen if one day Turkey enters the EU and the Cyprob is still unsolved.