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PROFILE: KORINIA ESTATE [Kyrenia, Northern Cyprus]
20 years of experience and EU standard service...Korinia Estates [Kyrenia,
Northern Cyprus].
"We assure you that we have the greatest choice of properties [such as
apartments etc] available in [Northern] Cyprus. We operate upon the confidence
we have built and we are determined to stay here [in Northern Cyprus] for
another 20 years.' Güray Haksever brings our attention to an important point:
'All our customers [potential buyers of properties such as apartments in
Kyrenia etc] are valuable to us, regardless of their budget. A person who wants
a £30,000 home comes, as well as a person who buys a home priced £700,000."
Some jobs take solemnity and reliability. Real estate is such a profession.
Those who refuse to compromise on their principle of reliability wiIl stand the
biggest chance of longevity
within the sector - just like Korinia Estates [Kyrenia, Northern Cyprus].
Korinia Estates [Kyrenia, Northern Cyprus] is a family business established by
Güray Haksever and his son Gürkan Haksever [in Northern Cyprus]. They were one
of the first firms [in Northern Cyprus] to take a professional first step into
the real estate industry [in Northern Cyprus], when foreign interest in north
Cyprus virtually non existent. 'They call me 'Guy' and my son 'Kirk', says
Güray Haksever, introducing a colleague, a middle- aged, smiling-faced Briton
as, 'Paul, a member of the family'.
RENEWED INTEREST IN THE TRNC [Northern Cyprus]
I ask about the current situation regarding foreign interest [in properties
such as apartments in Kyrenia etc] in [Northern] Cyprus.
'We had a period of stagnation [in property sales], due to the Annan Plan and
Greek Cypriot attempts to block property purchase [in Northern Cyprus].
However, business [property sales such as apartments in Kyrenia] has picked up
hugely over the past six weeks or so. 90% of our customers are Europeans.'
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Why are foreigners buying? [in Northern
Cyprus]
'Some buy [properties such as apartments in Kyrenia etc] to settle and some for
investment. They come, stay in their property [apartments, villas etc] for a
month and rent it out for the rest of the year. And after a while they sell it
and buy another house [or flat etc]. Once upon a time, the majority of foreign
buyers [of properties such as apartments in Kyrenia etc] were the retired who
bought houses [and/or flats etc] to live in for the rest of their lives.
Nowadays, young people have started to buy homes [and/or flats etc]. There are
also young people who buy [properties such as apartments in Kyrenia etc] simply
in order to make money. The majority of these people [buyers of properties in
Northern Cyprus] are Britons.'
ATTRACTING FOREIGNERS [to Northern Cyprus]
How does Korinia Estates [Kyrenia, Northern Cyprus] approach foreigners
[potential buyers of properties such as apartments in Kyrenia etc] interested
in [Northern] Cyprus?
'We reach the world via our website. Additionally, we advertise in quality
publications here [in Northern Cyprus] and in the OK. Perhaps most
significantly, we cooperate with some established estate agencies in Britain.'
CONSTRUCTION WORRIES [in Northern Cyprus]
There have been concerns recently over what some perceive to be the lack of
control over the construction sector [in Northern Cyprus]. What is the current
view of foreigners [potential buyers of properties such as apartments in
Kyrenia etc] who, in the past, chose [Northern] Cyprus as a destination for its
natural beauty?
'Britons and other foreigners who [bought
properties such as apartments in Kyrenia etc and] settled in
[Northern] Cyprus in the past are now rightfully concerned at the
possibility of the TRNC [Northern Cyprus] losing its natural beauty
and serenity. We think that the Interior Ministry and Ministry for
Environment [of Northern Cyprus] should control these things.
Hundreds of buildings are being built [in Northern Cyprus] without
any controls or checks. This is not a healthy path [for Northern
Cyprus property market].'
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