Looking to buy property in a beautiful and sunny destination? Look no further than the stunning island of North Cyprus! With its warm weather, breathtaking scenery, and fantastic value for property purchases, North Cyprus is the perfect place to call your own.
Foreign Property Buyers
But before you dive in headfirst, there are a few things you should know. As a foreign citizen, you’ll need to obtain permission to purchase property from the Council of Ministers. And while there are restrictions on the amount of property you can purchase, you’ll find plenty of options to suit your needs, whether you’re looking for a holiday home, a place to retire, or somewhere to live year-round.
The Buying Process: Steps to Acquiring your Dream Home
Once you’ve found your dream property, it’s time to start the buying process. First, do your research and find a reputable real estate agent and lawyer to guide you through the process. Your lawyer will carry out checks on the property to make sure there are no outstanding debts or legal issues. Then, sign a sales contract and register the sale with the Land Registry Office. If you’re a non-citizen, your lawyer will apply for your permission from the Council of Ministers before transfer of the title deed. Finally, your lawyer will transfer ownership of the property to you.
Property Purchase Costs in North Cyprus
While there are costs associated with purchasing property in North Cyprus, including a transfer fee and stamp duty, the value for money, capital gains, rental returns and the beauty of the location more than makeup for it. And if you’re not ready to buy just yet, renting a furnished property in North Cyprus is also a great option.
Let’s Get Started!
Are you ready to find your dream home in North Cyprus? Don’t wait any longer – discover the properties listed on our website and come explore this sunny island. Don’t hesitate to give us a call, we’ll guide you through the process and help you find the perfect property. Whether you’re looking for a holiday home, a place to retire, or somewhere to live year-round, we’re here to assist you. So let’s get started!
