Buyer's
Guide 
North Cyprus benefits from a climate typical of countries in the eastern Mediterranean. The long hot summer is preceded by a short, warm spring and is followed by a brief autumn and a sometimes chilly winter! The Girne (Kyrenia) mountain range is bordered by the magnificent northern coastline that is said to be among the most beautiful areas in the world to live. The warm climate along with the islands natural beauty, the generous and friendly nature of the Turkish Cypriot people ensures that North Cyprus remains an unspoilt sanctuary, free of commercialisation.
With
over 340 days of sunshine each
year, uncrowded beaches and warm
unpolluted seas, Northern Cyprus
is a dream holiday destination
for many Western Europeans. It
is also an ideal location for
property investment, whether
you're looking for a second home,
somewhere you can buy-to-let,
or a place to retire in the sun.
But why should you choose to invest in property in Northern Cyprus over
other destinations such as France or Spain? Put simply, property prices
are significantly cheaper in Northern Cyprus, compared to anywhere else
around the Mediterranean. Whereas a detached 3-bedroom villa overlooking
the Mediterranean on the Spanish coast might set you back 180,000 euros
or more, a similar villa for sale in Northern Cyprus is available for under 100,000
euros. Even prices in Southern Cyprus are 50%+ higher than in Northern
Cyprus!
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North
Cyprus is an best location
for Property Investment. Not
only is property in Northern
Cyprus good value for your money,
but it is a sound investment
too. The area is currently experiencing
a property boom, with growth
potential over the next decade
is set to offer a good ROI. There
are no restrictions on renting
out property in North Cyprus
either, and with the incumbent
TRNC Government backing the development
of tourism in North Cyprus, letting
out your property to increasing
numbers of sun seekers should
be a breeze.
If this isn't reason enough
to buy a property in North Cyprus,
the cost of living here is
one of the lowest of any country
bordering the Mediterranean
Sea. Prices of supplies and
organic produce are substantially
less than in the UK, and are
often of comparable or better
quality. |
Warm sunny weather, bargain property
prices & phenomenal growth potential
- what more do you need?
Northern Cyprus is the ideal location to buy a property!
| There
are 4 types of title deeds offered in North Cyprus. The process to purchase
your property is dependent on which title deed your property holds. |
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Freehold
- Foreign Title
This is property owned by European residents, (eg. British, German, Dutch).
The title deed is internationally recognised. There are a number of checks
to be carried out by the Council of Ministers, which means the sale will
take approx. 3-12 months to complete. |
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Freehold
- Turkish Title
This is property Turkish Cypriot owned prior to 1974. There are a number
of checks to be carried out by the Council of Ministers, which means the
sale will take approx. 3-12 months to complete. |
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TRNC
Title
This property was previously Greek Cypriot owned prior to 1974. Again there
are a number of checks to be carried out by the Council of Ministers, which
means the sale will take approx. 3-12 months to complete. TRNC Title Deeds
are considered safe to purchase. |
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Leasehold
Title
The Government owns this property. Long-term leases are granted for 49yrs.
You can apply directly or via a solicitor to the Ministry of Tourism to
transfer the lease. |
Continue..
Click for articel about TRNC Title Deeds
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