Property

Police called after Akfinans Bank employees late night visit to Kulaksiz 5

Saturday, July 31, 2010
By Pauline Read
Police called after Akfinans Bank employees late night visit to Kulaksiz 5

Tonight, Akfinans plumbed depths, I believed even they would not go to. It reinforced my suspicion that they are criminals trying to wear the cloak of respectability. At about 7.00 pm. this evening I received a telephone call from my neighbour Bob, informing me that two cars were outside my house at Kulaksiz 5... »

Peace and Freedom for Kulaksiz 5, North Cyprus property buyers?

Tuesday, July 20, 2010
By Pauline Read
Peace and Freedom for Kulaksiz 5, North Cyprus property buyers?

How many times can you write on the same subject without loosing interest? Of course I am referring to the TRNC’s constant attempts to put a sticking plaster on a gaping wound, and for the great part, a self inflicted wound. We know of the Oram’s sad and sorry saga which was completely mismanaged... »

Over 47 North Cyprus court appearances to decide on can of paint theft?

Thursday, July 15, 2010
By Pauline Read
Over 47 North Cyprus court appearances to decide on can of paint theft?

Today marked the 47th appearance in Girne District Court for Geoff and Mary Day. 47 appearances, you may be forgiven for thinking this couple must be some really bad dudes. Did they rob a bank – no…  did they commit an act of terrorism – no…. are they contract killers – no? Their heinous... »

10 expats pay £1m into North Cyprus economy, for nothing!

Monday, July 12, 2010
By Pauline Read
10 expats pay £1m into North Cyprus economy, for nothing!

Today, I am showing you an exercise in very basic maths: Kulaksiz 5 as a group handed over £765,000 to Kulaksiz Construction Limited as the purchase money for our homes. Kulaksiz 5 handed over to the legal profession approximately £12,000 in fees for conveyancing on our homes. Kulaksiz 5 handed over to the Government £3,925... »

Will new law be any better at protecting North Cyprus property purchasers?

Sunday, July 11, 2010
By Pauline Read
Will new law be any better at protecting North Cyprus property purchasers?

Why be surprised about the auction of Amaranta Valley property?  We have all been aware for a long time that 1400 plus people are going to be affected by the ridiculous situation whereby landowners, builders or  the cat can sell you a property one day and borrow money using the same property as collateral... »

Kulaksiz 5 – time is not on our side

Saturday, July 10, 2010
By Pauline Read
Kulaksiz 5 – time is not on our side

I expected very little to have happened as far as Kulaksiz 5 is concerned during my three weeks absence. A lot is happening in the background which I am not able to divulge (yet). The old adage comes to mind ‘these things take time’. Well, Akfinans Bank, Abdurrahman Guney, Yuksel Yilmaz, you stole my house,... »

North Cyprus property at Amaranta Valley up for auction

Monday, June 21, 2010
By Malcolm Channing
North Cyprus property at Amaranta Valley up for auction

A letter from the AGA Buyers Action Group is attached to this short article. It basically say that the intention is to auction Gary Robb’s Amaranta site and in doing so all contracts become null and void. This leaves the property owners there in the same position that Kulaksiz 5 owners found themselves in,... »

What do you think of North Cyprus’ “new property policy”?

Monday, June 21, 2010
By Dominic Freeman
What do you think of North Cyprus’ “new property policy”?

That was a joke question by the way. Turkey’s World Bulletin website, under the headline “Turkish Cyprus’ new property policy will not cause problem: Eroglu”, reports that “the Turkish Cypriot president said on Saturday that their state had a property policy that would not cause any problems in the future.” The short article went... »

NO KOCAN, NO MONEY! Or how ex-pats can safely buy North Cyprus property

Friday, June 18, 2010
By Malcolm Channing
NO KOCAN, NO MONEY! Or how ex-pats can safely buy North Cyprus property

It is always useful to have a simple rule when setting out on a new venture, in this case buying a property in North Cyprus. Here it is: NO KOCAN, NO MONEY! If you are from England, and have bought a property before, then you will have no problem understanding this rule developed by... »

Pauline Read takes a break for 3 weeks

Thursday, June 17, 2010
By Pauline Read
Pauline Read takes a break for 3 weeks

Relax, this is the last one for at least three weeks and if a resolution is found to the K5 problem in particular and the abomination of auctions in general during my absence, then you will hear from me only occasionally. What would be my ideal resolution? I would like Akfinans Bank Limited to... »