Buyer's Guide

There are four types of title deeds offered in Northern Cyprus. The process to purchase your property is dependent on which title deed your property holds.

1) Freehold - Foreign Title
This property is owned by Europeans such as English, German etc... The title deed is internationally recognised.

2) Freehold - Turkish Title
This property is owned by a Turkish-Cypriot prior to 1974.

3) TRNC Title
This property is previously Greek owned prior to 1974.

4) Leasehold Title
This type of property is owned by the government.

Legal Tips

Prior to purchase property in Northern Cyprus, always;

• Ask a copy of the title deed,
• Check the sheet plan, plot references and site plan,
• Look at the site plan and ascertain from its shape and boundaries,
• Check the construction availability from the State Planning Office,
• Make a land search to understand. If there is a deed, the kind of the title of the deed and whether there is any encumbrance on it from Land Registry.
• Always make a contract before making any payment.

Useful Information

• The term donum is a measure of land in Northern Cyprus and 1 donum land is equal to 1388 square meters/1600 square yards. 3 donums is equal to 1acre.
• According to Foreigner’s Property Laws and regualtions, a foreigner is limited to buy 1 donum of land from Northern Cyprus unless the foreigner forms a company or constitute a trust with a local person...
• A Purchase tax is applicable on all freehold property at 6%, in addition a 1% charge of the 6% is also applicable which is paid to the municipality where the property is located.

There are many villas for sale in North Cyprus,especially in Kyrenia. The real estate sector in North Cyprus is rapidly growing so now is the ideal time for North Cyprus investment. As a North Cyprus Estate Agents we aim to make your buying experience as easy as possible.

North Cyprus has become an increasingly popular destination for retirement or for acquiring a holiday home by foreigners. The demand comes mainly from EU countries with the greater part coming from UK citizens. The demand by foreigners is put down to many factors, including the relatively low cost of living and the high standard of living. The hospitality of the locals, the beautiful weather, the safety (North Cyprus is one of the safest countries with the crime rate at a very low level) and security, have played an important part. Because of the demand as well as the market activity, local property values show a steady increase. There are plenty of good properties, and local property prices are still lower than many other European countries. North Cyprus holiday villas are considerably lower in price in North Cyprus than other EU countries.

If you have any questions regarding legal procedures and asking for a legal advice, you can always contact us or send an e-mail to;

info@villas-cyprus.com or ccg@kktc.net

Buyer`s Compare Index