Northern Cyprus
Learn more about Northern CyprusNorthern Cyprus
Northern Cyprus is an excellent choice for relaxation and comfortable life, where the main problem is knowing what to eat. To have a residence permit in Turkish Cyprus, you only need to buy real estate and visit the paradise island.
Northern Cyprus Projects
You can find the best projects in Northern Cyprus here!
Istanbul CK-001
In Nature In The Middle Of Life Forest and sea view meet in Istanbul CK-001, the unique dance of blue
Istanbul CK-002
Istanbul CK-002 Project is designed as a life project.There are apartments that have sea view.This project consists of 4 blocks
Izmir CK-001
Izmir is at your feet with its peaceful view! A living concept that will make you feel special, consisting of
Izmir CK-002
Folkart painted fountain Calling you Çeşme invites you to enjoy a full life 365 days a year.
Izmir CK-003
Izmir CK-003 with Cesme Raise Your Expectations Çeşme is the reflection of heaven on earth with its unique beauties. Your
Izmir CK-039
Izmir CK-039 Modern Building You Are In The Center Of The Most Available Area
Izmir CK-040
In our Izmir CK-040 project, we aim to offer you a life experience beyond your expectations by providing every opportunity
Izmir CK-041
YOUR PLACE IS RESERVED IN IZMIR'S MOST PRIVILEGED LOCATION Located at the intersection of the most important transportation axes, Izmir
Izmir CK-042
IZMIR'S LARGEST ARCHITECTURAL OFFICE, EPIС ARCHITECTURE, DESIGNED AN ARCHITECTURE THAT IS AS UNIQUE AND MODEST AS THE IZMIR CLOCK TOWER,
Izmir CK-043
Have you reserved your house next to nature in Gaziemir?
Izmir CK-044
Izmir CK-044 is designed to meet all your needs. The project is offering a luxury and mixed-use living concept with
Istanbul CK-003
PANORAMIC LIFE AT THE TOP OF THE CITY! STRATEGIC LOCATION & EASY TRANSPORTATION
FAQ about Northern Cyprus
you can find the answer to most questions
North Cyprus offers a simple, transparent and reliable buying process since the legal system is similar to that of the British Legal system, one of the oldest and most renowned in the world. The country's openness and safety also allow foreign buyers to complete a purchase transaction freely and without fear of repercussions. All of this, combined with its excellent location, makes it possible to make good returns on investments.
Yes, Any nationalities can buy property in North Cyprus.
What’s more, it’s more easier to do so here when compared with many European countries. Wishing to purchase in Northern Cyprus are limited to one property per person.
Please note that there has been times here in the TRNC when the govt have allowed foreigners to purchase and transfer more than one property so it is always worth checking.
Yes, Husband and wife are can buy one property each.
Occasionally investors who frequently purchase a property sight unseen (without visiting) can set up power of attorney remotely via an Embassy or a TRNC lawyer (with a partner in the TRNC). Please contact us if you are unable to visit the TRNC and still wish to purchase
That’s the common question people ask those who don’t know North Cyprus History and its political situation. And the answer to this question is “yes!”.
In years gone by changes to the law in recent years have helped to reduce the risks when buying property in North Cyprus, but significant some problems still remain in cases where properties are purchased from the wrong developers and locally unlicensed overseas estate agents.
However, the TRNC government has changed the property buying process for noncitizens and now your property purchase / your investment is protected if you follow the right path.
Before the title deeds to the property can be registered in your name, you will need to obtain what is called Permission to Purchase (often written as P2P in shorthand) from the TRNC Council of Ministers. (It is rare for this to be denied – the only situation is usually if the prospective buyer has a police record in their country of origin. This process is a positive one as it protects other TRNC residents by excluding those with a criminal history). The timescale for obtaining this is currently around 6- 9 months, during which period your ownership is fully protected by the Registration of your contract of sale at the land registry, which must be carried out by your legal representative within 2 weeks of the contract being signed. If a clause is inserted into the contract, it is possible to resell your property before taking title – this is a feature that many investors take advantage of.
Taxes, apart from stamp duty which is payable within 21 days of the date of the Contract, are usually payable right at the end of the transaction after your purchase permit has been granted and the title deeds are being transferred into your name. However, some vendors require VAT to be paid on the sale price at the date of delivery of possession of the property. This is usually for a new build direct from the construction company.
The rates of tax are as follows:
- Land Registry Transfer Fee - 6% (First time purchase 3%)
- VAT – 5%
- Stamp Duty – 0.5%
The Turkish Republic of Northern Cyprus still remains the top safest destination in Europe in the Mediterranean. Crime levels are very low.
The tourism and Education industries are the most promising and dynamic factors of the buy to let property market in Northern Cyprus. With a population of 300,000 there are 9 universities in Northern Cyprus serving both domestic and international students with over 90,000 students and numbers continue to rise.
You need to go and see immigration or apply for residency in North Cyprus. You need to purchase property or rent to be able to apply for a residency permit.
Turkish is the official national language of Northern Cyprus TRNC.
Yes, English is well-spoken in Northern Cyprus after the official language of Turkish.