Northern Cyprus for Sale – An Agency Site About Real Estate in North Cyprus
Our property agency offers real estate for sale in Northern Cyprus. It is no secret that Cyprus is one of the most popular destinations for both financial investments and holidays. The beautiful sunny climate, picturesque landscapes, warm Mediterranean Sea and excellent cuisine attract a huge number of tourists, travellers and business people here. Our company’s estate agents are committed to showcasing the latest developments in property, giving clients access to the best options on the market. It must be said that property on the country has always been in high demand as the investment conditions are very attractive. In addition, the prices here are quite affordable compared to other European islands, making it attractive to a wide range of buyers looking for their ideal type of property.
North Cyprus (Turkey) is characterized by the following factors:
- developed infrastructure, absence of crime, and a calm way of life;
- legislation that is friendly to foreigners and significant discounts on education for non-residents;
- magnificent beaches, untouched nature, clean air, with more than 300 days of summer a year;
- mysterious ancient sites and a minimum of tourists;
- the unique Mediterranean culture of a hidden piece of paradise!
Here, people buy homes for vacation, residence, and investment.
Detailed process of buying a North Cyprus property
- Preparing your wish list
Cyprus has a huge range of housing to choose from, each catering to different preferences and lifestyles. As a first step along the way, you need to decide on your needs and expectations. This is a necessary step in finding the most suitable property.
Once you have prepared your wish list, you can contact our agents to discuss your options. As they have full knowledge of the local housing stock, they will find the best options to suit your needs.
- Arranging a property viewing
The following step involves personally visiting the estate for inspection to determine whether they fulfill your criteria. The viewing will be scheduled at your convenience.
If traveling to Northern Cyprus is not feasible for you, we provide our online viewing service.
- Discussing and finalizing terms
Should you identify an appropriate property in Cyprus, the subsequent phase involves discussions with the seller. This procedure is guided by the real estate specialists at “Northern Cyprus for Sale” and your legal representative. They oversee the agreement of all sales conditions with the seller, including payment, ownership documents, and the transfer of keys.
It’s advantageous for buyers to collaborate with a legal consultant in Cyprus. If needed, we can provide you with a roster of seasoned attorneys focused on real estate transactions.
- Drafting and Notarizing the Contract
Upon mutual agreement on the sale terms, it’s time to prepare the sale contract. This document will be crafted by the company’s legal team. Once signed, the contract can be notarized (see below for a comprehensive explanation of the terms and conditions).
Meanwhile, our team will assist you in collecting the necessary paperwork for the title deed application. We recommend granting a power of attorney to the company’s attorney to streamline the document submission and registration process.
Following the contract’s execution, funds can be transferred from an existing overseas bank account or through a newly established account in Cyprus. All financial operations, including the payment of the sale price, will be conducted through this account, a critical step in the purchasing process.
- Applying for a Title Deed through the Council of Ministers
All gathered documents must be presented to the Council of Ministers for approval. Prior to submission, ensure all prerequisites for property acquisition are met. The title deed (legal ownership) is expected to be issued within approximately 6-12 months. The company’s lawyer will oversee the document submission process until approval is received and will handle the signing of the registration documents at the General Department of Land Registry and Cadastre.
Congratulations, you are now the lawful property owner in Cyprus!
“Northern Cyprus for Sale” provides a comprehensive array of real estate services. Our skilled team will guide you through every step of the purchase journey.
By delegating authority through a power of attorney, you will be relieved of any inconvenience as the professional real estate agents at our company manage the entire procedure and its intricacies. Reach out to us for further details.
What documents do foreigners need when buying a property in North Cyprus?
- An application form directed to the Ministry of Interior
- A photocopy of your passport
- Purchase Permit Application Form
- A police clearance certificate from the country of residence (in Turkish or English)