Buyers Guide For North Cyprus

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Northern Land Cyprus - Buyers Guide to North Cyprus Properties

Property Purchase Procedure in North Cyprus

The procedure of buying home in North Cyprus is quite straightforward and not significantly different from acquiring a home in more established Mediterranean destinations. However, there are always few points to remember: Having decided on which type of property you would like to buy and reached agreement on the price, you will need to appoint a solicitor in to act on your behalf. This is called granting 'Power of Attorney', and enables legal matters such as confirmation of deeds and application to the Council of Ministers for the purchase permit to be handled on your property purchase whilst you are out of the country.

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Living in North Cyprus

Living  in North Cyprus


What could be better than basking in the Northern Cyprus glorious sunshine. With it’s year round sunny climate, making it an ideal place to visit every season. If it’s a relaxing holiday you have in mind or a more adventurous one, quite simply, there are lots of activities you can get envolved in to keep the family entertained. North Cyprus is well known for it’s great hospitality, slow pace of life and good value for money that keeps you coming back for more. This beautiful Island has tranquil sandy beaches that stretch for miles, along the unspoilt Northern Cyprus coastline. If you are truly yearning for somewhere to connect with your inner self, you have come to the right place. Just looking at the wondrous views of the mountains from various directions of North Cyprus gives you a great sense of peace. Keep in touch with nature with beautiful views that give a great sense of  calm and tranquility and wether it’s a busy tourist filled beach you are looking for or a remote spot where you can sit and enjoy a book. Simply relax gazing out into the crystal clear blue sea, where you may just happen on some turtles. These endangered creatures have made the northern coastline their natural habitat. There is most certainly a secluded spot for all. Ancient sites and numerous traditional restaurants and bars are dotted around North Cyprus.

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Moving to North Cyprus

If you are moving to North Cyprus, relocating, retiring or just changing your life direction, the thought itself can be a bit daunting. No doubt about it though, the quality of life is wonderful. With lots of opportunities available, a wealth of history and beautiful places to visit, North Cyprus is heaven on Earth. The Turkish Cypriot community are approachable, friendly and generous natured people, it’s not surprising that the crime rate is low! If you enjoy dining out, you will find that there are lots of Restaurants and Bars to choose from, some with live entertainment and at great value for your money! Supermarkets are littered across the North. You can find most of the luxuries you are used to at home.

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Solicitors and Lawyers

When making a big investment in property and especially when investing in overseas property you should seek the North Cyprus lawyers best legal advice from solicitors and lawyers; and North Cyprus is no exception to this fact, hence the need to search for the best lawyers in North Cyprus who would look after your interests as a buyer.

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Health Care in North Cyprus

The standard and availability of medical care in North Cyprus is high and this always seems to be a pleasant surprise for visitors and expatriates.


There are a number of private clinics and hospitals as well as state run surgeries and emergency medical facilities; there are also care homes and a wide choice or well equipped dentist surgeries and opticians.  Furthermore the cost of receiving medical treatment in Northern Cyprus is far from exorbitant.

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Property Title Deeds

North Cyprus Property Title Deeds
The most important factor when buying property from North Cyprus is the title deeds. In North Cyprus there are different types of title deeds, as described below:

The Title Deeds

There are three different types of Title Deeds available in Northern Cyprus:
1.    Freehold Title (Foreign or Turkish)
2.    TRNC Title (Esdeger or Tahsis)
3.    Leasehold Title

 

 

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Additional Costs When Buying a Property From North Cyprus

Speaking about additional fees and charges that incur when buying property in Northern Cyprus they include lawyer’s fees which should be agreed in advance and will range around 1,000 GBP, VAT which is 5% of the property’s value based on the Land Registry Valuation and transfer tax which is 3% of the rateable value of the property (a once in a lifetime given right, usually used in case of the first purchase) or 6%  – the rateable value is almost always considerably less than the purchase price.  Stamp Duty is 0.5% of the contract price if it is paid within a month of signing the contract.

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Is it safe to buy property in Northern Cyprus

Is it safe to buy property in Northern Cyprus? This is a frequently asked question. The simple answer is absolutely!!!
Currently the property market in Northern Cyprus is booming. British and European buyers are investing here as there is great potential and choice. Properties are very affordable right now, which makes it the best time for buyers to invest. The increased interest in North Cyprus properties reflects in the number of foreign investors, which shows in current sales figures, as they are on the rise.

 

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