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Sales of property in the occupied
area of Cyprus have frozen due the latest ruling against
Mr. and Mrs. Orams deciding that the villa in question
should be knocked down and the land to be given to the
rightful Greek Cypriot owner. Also scared are Brits
who have already bought on land of Greek Cypriots; they
may be also placed in the same position of the Orams.
After the new law that all properties sold in the occupied
side of Cyprus should be leasehold and not freehold
there has been a commotion from the British investors
and sales have frozen.
It is also worth mentioning that similar to the above
are another 6000 cases in which Brits have bought property
which has been built on Greek Cypriot land.
The European Court of Human Rights ruling affirmed the
rights of Greek Cypriots to their property in the north.
Therefore, Britons and other nationalities who purchased
Cyprus property in the north stand to lose big time
in the event of a settlement, and could also be liable
to compensate the rightful owners of the property.
British
High Commission spokesman Stewart Summers confirmed
that a recent warning about buying property in the north
added to the Foreign Office travel advisory of an increase
in numbers of Britons making enquiries on house buying
in the occupied areas.
The amendment to the High Commission website, instigated
by Mr. Summers, was made last month, and the advice
on buying property follows immediately after the British
government’s recommendations on visiting northern
Cyprus.
It reads: “The non-recognition of the ‘Turkish
Republic of Northern Cyprus’ and the possibility
of a future political settlement in Cyprus could have
implications for those considering buying northern Cyprus
properties. Before purchasing a northern Cyprus property
you are advised to appraise yourself fully of the situation
and seek legal advice.”
Summers said, “The government has decided to
take a more pro-active, rather than reactive approach
(to the subject of buying property in the north of Cyprus)
in the light of it becoming a more regular occurrence,
and the subsequent attention it has received in the
media.”
Commenting on the change, he added, “legally
we can’t tell people ‘don’t do it’,
but we are trying to make them fully aware of the potential
hazards.”
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The European Court of Human Rights rulings on North Cyprus
Property.
Entering
into a ‘deal’ for the purchase of immovable
property belonging to Greek Cypriots situated in the
area of Cyprus under Turkish occupation, constitutes
an illegal act which will expose the purchaser to grave
legal and financial consequences.
The judgments of the European Court of Human Rights
in the cases of Loizidou v Turkey (judgment dated
18/12/1996) and Cyprus v Turkey (judgment dated
10/05/2001) clearly set out the following:
1. The administrative practice applied by the subordinate
local administration of Turkey in the occupied area
of Cyprus of issuing ‘title deeds’ to
the new occupants of property belonging to Greek
Cypriots situated in the occupied area of Cyprus
is based upon ‘legislative’ and ‘constitutional’ provisions
of the said administration which cannot be attributed
any legal validity whatsoever.
2. Greek Cypriot owners cannot be deemed to have
lost their legal title to their properties and have
always remained and will continue to remain the only
true and lawful owners.
Further to the above, purchasers, particularly those
domiciled in the UK, run the risk of being sued at
any time by the Greek Cypriot owners, many of whom
are also domiciled in the UK, before British Courts
for trespass or conspiracy to commit trespass to
such properties.
Similar actions based on tort could very well be
brought before the courts of Cyprus.
Political views on the situation may be differing.
The aforementioned information sets out the true
legal aspect of the matter, as upheld by an independent
and internationally recognised judicial body, namely
the European Court of Human Rights in Strasbourg.
Anyone contemplating the purchase of property in that
part of Cyprus, should be aware that the Greek Cypriot
refugees who are the legal owners of those properties,
remain the legal owners of those properties at all times
and their rights to those properties stand unaffected.
Any ‘title’ that might have been to the
‘purchaser’ or any ‘title’ that
might be issued by the so called TRNC in the future
to any prospective buyer, is of no legal validity and
does not in any way prejudice the rights of the legal
owners of property in the Turkish occupied area, who
are determined to make use of every legal tool before
national or international judicial bodies to enforce
their rights against any person illegally interfering
with their inalienable right to free and peaceful enjoyment
of their properties.
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APHRODITE PROPERTY SALES, RESALES
& LETTINGS IN CYPRUS. THE GATEWAY TO YOUR CYPRIOT
DREAM HOME.
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| Set about 1,000ft above the sea
and high up on the hillside, the south-facing Pissouri
village, with its stress-free and relaxed lifestyle,
commands the most magnificent view of around 20
miles of Mediterranean coastline. a prime location
for Cyprus
real estate. Read
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The Cyprus
property sales market will soon be benefiting
from a new 6000 plus metre golf course planned
a few kilometres from Larnaca, with an associated
complex of villas and townhouses containing some
of the finest properties
to buy in Cyprus. Read
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There is no benefit in buying
Cyprus properties straight from the developer,
because, unlike the UK, Cyprus
property developers have no discount structure
for direct property
sales. This may sound like just another sales
line, but it is a fact. Read
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Cyprus may only be the third largest
island in the Mediterranean, but it is certainly
the hottest and sunniest. With an average 326 sunshine
days each year, this truly is a paradise for everyone
seeking that 'SUN LOVING LIFE-STYLE'. Click
here to read more infomation on the weather in
Cyprus |
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| Last Update: 20th June '05 |
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The government of the Republic of
Cyprus has issued a warning for those considering buying
property in the occupied
part of Cyprus. Click for more details.
Click here for another article on the growing number of
land
disputes in North Cyprus. As you can see;
Cyprus
Property Sales in the occupied part are a
mine field. If you are looking
for a prime investment, a retirement paradise or a dream
holiday home, South Cyprus gives you peace of mind. The
illegally occupied part of the island does not. |
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| Located in a valley extending up to one
of the most beautiful coastlines with hills of protected
nature preserve behind as a backdrop is the village of
Oroklini (Voroklini), which is becoming increasingly
more popular with British expatriates looking to enter
the Cyprus
property sales market. Read
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| Polemi: Another
village in the Troodos foothills, Polemi forms part of
the gateway into the mountains. The village is home to
a handful of excellent tavernas, a coffeehouse and the
usual amenities. Tsada golf and country club is only
five minutes away and the village features some outstanding
examples of Golf property
for sale in Cyprus. |
N.B. Nearly all Cyprus properties available for purchase
are freehold. Leasehold is pretty well unheard of.
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