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TRNC rental prices surge Rental prices for apartments in TRNC have increased by an average of 22% over the past year. Rental properties priced in Turkish lira have almost disappeared from the market, and rents in British pounds continue to rise without slowing down. In 2024, despite fluctuations in exchange rates, rental prices have continued to grow. According to industry experts, the average rental price for apartments has reached £6.97 per square meter, which is approximat

Update on TRNC Property Ownership Regulations TRNC Property Ownership Regulations Turkish Citizens - Can buy up to 6 apartments or 3 villas . Land Registry fees are 6% on the first pruchase, 8% on the second, and 9% on subsequent. Other foreign nationals - Can buy up to 3 apartments or 2 villas . Land Registry fees are 9% . The deadline for notifying the Ministry of properties purchased which exceed the purchaser’s acquisition rights is 15th December 2025 . The deadline

Foreign citizens have the right to acquire any desired property in North Cyprus and there are  no limitations  whether buying land, villa, apartment, commercial or Investment property.   Landowners or developers may also take out  mortgages  on land. If you sign a contract and there’s already a mortgage, loan or claim on the land,  you’re  likely to become liable for that mortgage should the landowner declare bankruptcy.   If you're Buying land in Northern Cyprus ask a lawyer

Nowadays, many home buyers, even the ones who don't have difficulty with funds, understand the benefits of  credit plans.   The way property loans or mortgages are provided in Northern Cyprus is achieved simply buying it on  credit . Lack of formalities related to the provision of documents, favourable credit conditions, and favourable interest rates, are just some of the features which make credit plans increasingly popular. When buyers purchase property using credit plans,

A Non-EU country, located in the Mediterranean, with  property prices in sterling  and far cheaper than many popular European destinations. Following Brexit, relocating to popular European destinations, such as Spain, has become more complicated, making North Cyprus a very attractive alternative. ​ Healthcare  standards in North Cyprus are impressive and affordable.  Where you might have to wait over a year to see a consultant in some countries, you may well find that going p

Issues to watch out for: Lawyers acting for both buyer and seller , therefore not independent Lack of planning permission or building permits   Fluctuations in currency and interest rates  affecting prices/charges Payment plans or fees not being included in the initial contract Ability to obtain certificates of final completion  (deeds cannot be issued without this) Ability to obtain title deeds What redress is there if problems are identified   Buying Property in Northern Cy

There have been 3 types of freehold title in Northern Cyprus. ​ Pre-1974 Turkish Title or British Title  refers to land, or property built on land, which was always part of North Cyprus and never owned by Greek Cypriots. TRNC Esdeger Title . Also referred to as Exchange Title, this is where aTurkish Cypriot owner has been given this land by the TRNC government in exchange for an equivalent piece of land, which they previously owned, in the South of the island. Esdeger land is

When you’re buying land you won’t see the size in acres or hectares. In Northern Cyprus, land is usually advertised in Donum, or sometimes Evleks. 1 Donum = one third of an acre 1 Donum = 1,338 square metres 1 Donum = 14,400 square feet 1 Donum = 120 feet x 120 feet 1 Donum = 40 yards x 40 yards 1 Donum = 4 Evleks 1 Evlek     = 3,600 square feet 1 Evlek     = 60 feet x 60 feet 1 Evlek     = 20 yards x 20 yards Land Measurements in North Cyprus - Related blog articles: Propert