Buyer's Guide

satin almaLEGAL INFORMATION BEFORE BUYING PROPERTY:

The construction company should be regestered to the Cyprus Turkish Building Contractors Association. If the company is not registered it is not authorized to make constructions. If the company is not registered to the Cyprus  Turkish Building Contractors Association that means that it is illegal and there is no control and quality assurance. In order not to experience difficulty and in order to live comfortably before buying property you should go to the Cyprus  Turkish Building Contractors Association and gain some information about construction company. After selecting your real estate, and after getting information about your real state agent or your builders, the next step will be about price nigotiation.  After nigotiating on the price, please do your agreement with a lawyer.

TRNC Deed Types:

  • Turk Deeds : The deeds that are belonging to the Turkish Cypriots before 1974 and is 100% reliable.

  • British or other foreign-owned deeds: these deeds were owned by British citizens or before 1974. These deeds are internationally recognized.

  • Equivalent (Exchange) Cob: These deeds were belonging to Greek origin before the 1974, but after 1974 the Turkish Cypriots who migrated from the South were given these cobs response to the housing/ land cobs they have left behind.

  • Allocation Cob: The TRNC government rewarded the success of the duties demonstrated in the military or after 1974 the property was given to those people or people from Turkey to migrate to Cyprus for living. They are under warranty by the government.

  • Government Land: like the method of rental contract, investors within their own facilities and by refurbishing costs can rent abandoned buildings for 49 years.

PROPERTY TAXES AND FEES

The taxes during the sales in the TRNC:

  • Stoppage

  • value-added tax

  • Transfer Fees of Deed

  • Revenue stamp

Usually the stoppage and value-added tax fees belong to the person who is selling the property, the revenue stamp and transfer fees of the deed belongs to buyer of the property but according to your agreement in your contract the obligations of the sides can vary.

Taxes detected on the sales contact determine the sales price or it is calculated based on the assessments made in the deeds office.

Stoppage : If the Seller is a non-profit individual seller from the first sell 0% is the stoppage fee, in the same year if it's the sellers  second or third sell 3.5% stoppage fee will have to be paid. A professional seller for profit will pay 6.5% stoppage fee. All fees are paid to the Stoppage Office.

Value-added tax: Non-profit sellers or an individual seller does not pay value-added tax. Professional sellers that earn profit pay 5% of value-added tax just before the transfer deadline. They pay this tax to the Tax Office.

Transfer Fees of Deed: In general, it is paid by the buyer before the transfer of deed to the deeds office. Land Registry fee is 6% but just for one-time exemption of 3% will be paid.

Revenue stamp: After the two sides signed a sales contract within 21 days 0.5% stamp fee will have to be paid to the tax office and contracts will be recorded in the Land Registry Office and the buyer will gain the right of ownership legally.

Properties in North Cyprus

North Cyprus Properties

property for sale cyprus

property for sale cyprus

cyprus estate agents

houses for sale in cyprus

buy apartment in cyprus

buy house in cyprus

north cyprus property investment

kyrenia villas

villas to buy in cyprus

buying property in northern cyprus

apartments in cyprus to buy

houses for sale in kyrenia northern cyprus

holiday villas for sale cyprus

northern cyprus real estate for sale

north cyprus holiday homes

cyprus bargain property

cyprus real estate for sale

villas for sale in esentepe northern cyprus

estate agents in trnc

property for sale in kyrenia cyprus

rent house in girne

houses for sale in lefkosa north cyprus

private villas to rent in northern cyprus

north cyprus villas with pools

cyprus estate

private villas in north cyprus

cyprus holiday sale

traditional houses in cyprus for sale

cyprus and north cyprus

beach houses for sale in cyprus

gime cyprus

cyprus studio for sale

northern cyprus property prices

property in kyrenia northern cyprus

bargain property cyprus

houses for sale in girne north cyprus

old property for sale cyprus

for sale north cyprus

properties for sale in famagusta north cyprus

property for sale cyprus famagusta

seaview villa cyprus

trnc property

girne north cyprus

property agents cyprus

buy and sell cyprus property

buy north cyprus

land for sale north cyprus

villa cyprus sale

flats for sale in northern cyprus

villa rent north cyprus

commercial property cyprus

holiday apartments kyrenia north cyprus

houses for sale in southern cyprus

kyrenia properties

property maintenance cyprus

property market north cyprus

property for sale in bogaz north cyprus

property for sale in esentepe northern cyprus

dogankoy northern cyprus

find property in cyprus

cyprus property search

north cyprus rentals

luxury properties cyprus

north cyprus estate agents

villas in northern cyprus

buy villa cyprus

property for sale in north cyprus by owners

apartments to buy in cyprus

cyprus property and home

kyrenia villas for sale

turkish cyprus villas

property for sale in turkish cyprus

north cyprus bungalows

rural property for sale cyprus

villas for rent in kyrenia north cyprus

buy sell cyprus rentals

north cyprus holidays

property to buy in cyprus

buy cyprus home

prices in northern cyprus

cyprus property market

for sale cyprus

property investment in cyprus

buy home cyprus

holiday homes in cyprus to buy

cheap properties cyprus

trnc cyprus

apartments north cyprus

homes for sale in cyprus by owners

luxury villas for sale in north cyprus

villas for sale in kyrenia north cyprus

villas north cyprus rent

buy real estate cyprus

kyrenia trnc

cyprus homes to buy

new property cyprus

private property sales in cyprus

sold on cyprus estate agents

buy and sell north cyprus

famagusta cyprus real estate

north cyprus holiday apartments

houses in cyprus

property for sale in dogankoy

cyprus apartments

cyprus property finder

cyprus land for sale

holiday homes for sale in cyprus

villas for sale in catalkoy north cyprus

cyprus beach property

property for sale in trnc

esentepe villas for sale

selling property in northern cyprus

seafront villa cyprus

north cyprus house sale

apartments to rent in kyrenia northern cyprus

cyprus rural property

property for sale in bellapais north cyprus

apartments for rent in girne cyprus

cyprus pearl properties

north cyprus rent house

selling property in north cyprus

cyprus real estate

cyprus real estate agents list

cyprus property for rent

buy land in cyprus

properties north cyprus

rent a villa in northern cyprus

private villas northern cyprus

property for sale in famagusta cyprus

real estate investment cyprus

holiday homes in north cyprus

mountain homes for sale in cyprus

property for sale nicosia cyprus

flats to rent in north cyprus

buy property in cyprus

cyprus real estate agents

homes to buy in cyprus

houses in north cyprus

villa north cyprus

cyprus village houses for sale

cyprus real estate rent

sell my house in cyprus

property buy cyprus

kyrenia estate agents

property for sale kyrenia

cyprus property values

new build homes in cyprus

property abroad cyprus

property for sale in catalkoy north cyprus

property values cyprus

commercial property north cyprus

esta estate agents north cyprus

house of dreams cyprus

property in north cyprus

property for sale north cyprus

properties in north cyprus

cyprus real estate market

north cyprus land for sale

houses for sale in famagusta cyprus

buy home estate agency cyprus

property for sale in cyprus by owners

luxury villas in cyprus for sale

property in cyprus to buy

holiday villas north cyprus

houses for rent in north cyprus

north cyprus real estate

real estate cyprus rent

kyrenia apartments for sale

sell my property in cyprus

private villas in northern cyprus to rent

holiday homes north cyprus

villas northern cyprus holiday lets

new property for sale in cyprus

property to rent in kyrenia cyprus

villas in esentepe north cyprus

luxury cyprus property

buying a house in northern cyprus

property for sale catalkoy

kyrenia north cyprus

homes for sale in cyprus

flats for sale in cyprus

north cyprus villas for sale

north cyprus apartments

cyprus real estate listings

country houses for sale in cyprus

apartments for sale in kyrenia north cyprus

north cyprus estate

properties for sale in cyprus villages

north cyprus apartments for rent

villa for sale in cyprus with pool

kyrenia cyprus villas

kyrenia villas for rent

beachfront property for sale in cyprus

houses for sale in kyrenia

villa kyrenia northern cyprus

property for sale in esentepe

property for sale karsiyaka northern cyprus

resale property for sale in north cyprus

seaview north cyprus villas

villas for sale in cyprus

cyprus letting agents

cyprus property prices

land for sale cyprus

cyprus estates

property to rent in northern cyprus

cyprus real estate prices

property cyprus buy

homes for sale in nicosia cyprus

new properties in cyprus

apartments for rent in girne

villas for sale in kyrenia northern cyprus

house for rent in girne north cyprus

houses for sale in famagusta north cyprus

seafront properties north cyprus

property for sale in cyprus

cyprus home

apartments for sale in cyprus

cyprus sale property

kyrenia villas to rent

in cyprus property

property for sale in cyprus south

resale property in cyprus

selling property in cyprus

property to let in cyprus

buy sell houses cyprus

north cyprus homes

cyprus beach properties for sale

villas for sale in ozankoy north cyprus

holiday lets in northern cyprus

apartments in kyrenia north cyprus

owners abroad north cyprus

turkish cyprus real estate

traditional houses for sale nicosia cyprus

bungalows in north cyprus

selling land in northern cyprus

property for sale in alsancak north cyprus

houses to buy in northern cyprus

villas in lapta north cyprus