Property laws in Northern Cyprus

Before clients come to Northern Cyprus, we recommend that they familiarize themselves with the basic real estate laws regulated by the government and statutory authorities in the Turkish Republic of Northern Cyprus.

One of the most important laws concerns the right of foreign citizens or their families to purchase only one real estate property in Northern Cyprus.

It should be noted that foreign citizens are only allowed to purchase and register one real estate property in Northern Cyprus.

Important information about property laws
Foreign citizens have the right to own any type of real estate and purchase it at any price. Registration of a sales contract gives them the right to obtain a residence permit in Northern Cyprus, provided they meet the relevant requirements for a migration visa. Family members of the buyer, including children under 18 years of age, are also entitled to a residence permit and permanent residence in Northern Cyprus.

The registration of the contract in the land registry is the most important document to prove ownership of a property. The procedure for registering a contract prevents persons other than the owner from carrying out actions with this property in the future.

Foreign citizens have the right to obtain full ownership of real estate, regardless of the title of the property in question.

According to the laws of the Turkish Republic of Northern Cyprus, foreigners or households have the full right to own real estate or land not exceeding 5 donums of land, which used to be 1 donum (1338 m²).

Complete ownership and title in Northern Cyprus
A registered real estate contract is a document that constitutes a title deed and guarantees the buyer’s ownership. It protects all of the buyer’s rights to real estate and gives him the right to live in the property, sell it or rent it out.

Buying property in Northern Cyprus
Before you commit to buying a Real Estate North Cyprus, it is important to understand local real estate laws and procedures. One of the most important questions concerns the type of property a foreign buyer can purchase. According to current laws, foreign citizens have the right to acquire full ownership of a property. Purchasing a property gives the buyer the right to apply for a residence permit in Northern Cyprus, which is particularly attractive for retirees and long-term travelers.

When buying a property in Northern Cyprus, it is important to know the necessary documents and the correct legal steps. A real estate contract must be registered with the Land Registry to guarantee ownership and protect all future transactions with the property.

There are also taxes that apply when purchasing a property in Northern Cyprus. The tax on the transfer of ownership is currently 3% of the value of the property. It is also important to consider the costs of necessary investigations and legal fees that may be incurred when making a property purchase.

Conclusion
The Turkish Republic of Northern Cyprus offers an attractive option for foreign buyers looking for property in the sun. With its beautiful beaches, historical sites and untouched nature, the region is a paradise for anyone who wants to enjoy the Mediterranean life. However, before deciding to purchase a property in Northern Cyprus, it is important to familiarize yourself with local real estate laws and procedures to ensure that the purchase goes smoothly and all required documents and steps are followed.

(As of November 22)