The no. of GC refugees who fled south in 1974 outnumbered the no. of TC refugees who fled north by approx. 3 to 1. By logical extension, it can be safely assumed that a similar ratio of property & land in the north of Cyprus (i.e.
75%!!!!) is still legally owned by GC's. Doesn't take rocket science to figure that one out, does it?
As any lawyer & any legal system in any country will tell you loud & clear:- "
Ignorance is NO defence!!!!". As such, the Orams' have no-one to blame but themselves for the legal mess they're still in.
If the European Court of Justice in Luxemburg decides in favour of the lawful GC owner in this case (and there's every chance that it will), then the ramifications will hit the north Cyprus property market like an
earthquake, sending it into freefall.
Is it still worth the risk? I don't think so!!!!
Once again, happy house-hunting!!
Cornholio