North Cyprus Property Buyer Guide
North Cyprus Properties Buying Options
Its remarkably easy to buy property in North Cyprus, especially when you know how.
Buying property in North Cyprus is the hot topic amongst those wanting to buy their own place in the sun, but which type of North Cyprus property is right for you? Heres our guide to the types of property for sale in Northern Cyprus and why they might be just right for you.
Holiday homes in North Cyprus
First of all, consider what you are looking for when buying a North Cyprus Property . Do you want a low-maintenance property with lots of amenities, or a private home, or something in between?
North Cyprus Apartments
North Cyprus holiday apartments are a great option for those who like to holiday in North Cyprus, and then "lock and leave". Modern apartment blocks offer holiday North Cyprus properties built to the highest standards and with full amenities including a communal pool, often in good locations. Of course, when youre not enjoying your property in North Cyprus, someone else can, and there is ample opportunity to rent your apartment to other holidaymakers throughout the year. Many holidaymakers are looking for somewhere thats easy to live in for their relaxing North Cyprus holiday and your apartment could be just their ticket! North Cyprus apartments are available with up top three bedrooms, so there is plenty of space for everyone to relax.
Top Apartment Developments in North Cyprus
Looking to buy a North Cyprus apartment, but dont know where to start? Explore the apartment section in our website! Categorised by area, price and features, youll see at a glance what developments offer the type of apartment in north cyprus you are looking for, and at the right price.
Bungalows in Northern Cyprus
North Cyprus bungalows are worlds away from the British expectation of small rooms and dated dcor. are cool and airy, designed to keep cool in the summer months, and giving easy access to the grounds at all times. No wonder many North Cypriots live in bungalows themselves if it was good enough for a Roman villa, why change a good design idea!
North Cyprus Villas
When only your own little palace will do, your ideal property is a . These range in size from modest 65,000 to 500,000 villas that would make any footballers wife proud! Your North Cyprus villa really can be your castle, and such a property is ideal for those planning to stay more than a couple of weeks at a time. Villas will require more maintenance than other types of North Cyprus property investment, but there are plenty of management companies willing to take this burden from you for a reasonable fee. is also much in demand on the holiday rental market, so you can fill the weeks you are not in residence with rental clients.
Off-plan properties in North Cyprus
If you want to customise your North Cyprus holiday home, buying off-plan gives you that opportunity. There are no builders to hire, no contractors to chase, and you can simply sit back and wait for your dream Northern Cyprus apartment or villa to be completed. There are some great deals to be had from developers, including two-year guaranteed rental agreements and buy-back options, so off-plan really can provide you with a cheap property in North Cyprus.
Renovating properties
For those who love a challenge, and the chance to really create something special. From traditional Cypriot houses to villas that need some dedicated TLC, Remax Da Vinci Estate will be able to show you a range of renovation projects to really set the pulse racing. This is another good way to get a cheap property in North Cyprus.
Land for sale in North Cyprus
Its not just property for sale in North Cyprus, you can also purchase a plot of land and build your own dream home yourself. Remember, youre the boss, so youll need to keep on top of the process, even if it is from the comfort of a chair while your North Cyprus building firm do the hard work!
Commercial properties
For anyone wishing to set up their own business in North Cyprus, or to buy an investment property in North Cyprus, a commercial property could be the answer. It may not be very glamorous, but commercial property investment in North Cyprus could be very lucrative
Re-Sale properties in North Cyprus
Finally, why not let someone else do the hard work? Many North Cyprus property purchasers sell their properties and move on the next, allowing you to come into a ready-made, ready to rent property with a proven track record. OK, so the dcor may not be 100% to your taste, but with so much to see and do in North Cyprus, you wont spend much time looking at it!
North Cyprus Property Title Deeds
It is always important when investing in North Cyprus property as anywhere to get the property title deeds. The current situation between North Cyprus and south Cyprus means that many people are confused over this issue. The events of 1974 divided the island, and hence this year is vitally important in deciding property ownership. Here is a quick guide to current North Cyprus property title deeds, to help you secure the North Cyprus property of your dreams.
This is the title for land or property owned by a Turkish Cypriot before 1974.The property with this title has always been Turkish and of course still is.
This is the title for land or property owned by a foreign national (i.e. non Turkish Cypriot) before 1974. These titles are recognised internationally.
This is the title for land or property given to a Turkish Cypriot in exchange for land and property they owned in south Cyprus before 1974, and which they were forced to leave behind on moving to the North. The government assessed the value of both land and goods left behind, and allocated the land or property in the North cyprus, in exchange for the waiving of the rights to their land in the south. This is also known as the Esdeger.
This is the title for land given to Turkish Cypriots for military or government service, or to Turkish settlers to encourage economic growth in certain parts of the North, after 1974.
Which Turkish Republic of Northern Cyprus Title Deed to consider
It is generally considered safe to purchase any North Cyprus property or land, which has any of the above title deeds. However, as with all Northern Cyprus property purchases, whether for enjoyment or investment, you should always employ an independent solicitor to check that the deeds are indeed legal and above board.
No Deeds Property in North Cyprus, and Leasehold Properties
Some properties are offered without title deeds. There are also leasehold properties, which are government owned and have a lease for 49 years with an option for a second 49 year extension. In theory, leasehold properties could be handed back if the whole island agrees on a settlement deal between north and south. Again, if you are in any doubt as to the status of the title deeds on a property in North Cyprus, always employ an independent solicitor to examine the deeds and check the propertys history. All legal documents are in English, most solicitors are bilingual in Turkish and English, and the legal system is based on the English model. Given the right circumstances, you can be the owner of a North Cyprus property in just a day!
Five easy steps to buying property in Northern Cyprus
1- Secure your ideal property in North Cyprus
Once you have found your ideal property in North Cyprus, a simple deposit will secure it for you, and ensure the property is taken off the open market. You can pay by cash or credit card whilst in Northern Cyprus, or pay a deposit from Britain via wire transfer, as cheques can take up to 28 days to clear through the banking system. A typical deposit is 10% of final price. Non-nationals require a purchase permit from the government in order to buy property in North Cyprus, and such permits may take 4-12 months to come through.
2- Find a local solicitor in North Cyprus
The easiest way to get your permission permit is to engage a local notary or solicitor, the latter being the better choice. Most North Cyprus solicitors are bilingual in both Turkish and English, and hence will be an invaluable guide to the legal process ahead. If buying off-plan, you should consider engaging an independent solicitor who is not connected with the developer in any way. Your North Cyprus solicitor who will look after your interests throughout the buying process, including checking on the company or individual you are buying from, organising your permits required to buy a property as a non-national, and confirming the status of the title deeds. In addition, the solicitor will also deal with all government paperwork and also draw up the contracts, in English. The government will also assess the transfer fees due on the property based on its value.
3- North Cyprus Property Contracts
Any contract should be properly examined and read; after all, you want it to work in your favour as the purchaser! Many Northern Cyprus property developers have standard contracts, which your solicitor should check to ensure that any clauses contrary to your interests are re-negotiated. A contract should include:
-full property details
-full property specifications, including floor plans for new build properties
-the official government site plan plus any provided by the developer or seller
-correct and valid title deeds
-payment and completion dates schedules
Once the contract has been scrutinised and both parties agree, the contract can be signed. If your solicitor has Power of Attorney, he can sign for you in your absence, once you have read and approved the faxed or emailed copy of the final contract. Your solicitor will also send you a copy of the final signed contract.
Final payment on your North Cyprus Property
Final payment on a freehold North Cyprus property is due on receipt of the purchase permit. Again, the safest method of payment is via wire transfer, and on receipt the title deeds are signed into your name by the seller. If you are buying a property off-plan, the payments are usually made on completion of specific works, with the final payment securing the title deeds and the keys to your property in Northern Cyprus.
Now all you have to do is move in and enjoy your new place
in the North Cyprus sun!
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