Can You Buy Property in Northern Cyprus?

🏠 Can You Buy Property in Northern Cyprus?

Yes, foreigners can buy property in Northern Cyprus — and many do. With stunning views, affordable prices, and investment opportunities, it’s no wonder it’s become a hotspot for buyers from the UK, Russia, and beyond.

Let’s explore what you need to know.

🧾 Can Foreigners Legally Buy?

✅ Yes. Foreign nationals are allowed to purchase up to three properties per person (more with company registration). The process is legal, but buyers should follow the correct procedures to avoid issues.

🔑 Types of Property Available

• Villas – with pools, sea views, or in gated communities

• Apartments – in city centers or resort-style complexes

• Land – though buying land requires additional permissions

• Resale homes – often fully furnished and ready to move into

• Off-plan developments – pay in stages, often interest-free

📜 Title Deeds Explained

There are three main types of title deeds in Northern Cyprus:

1. Pre-1974 Turkish Title – originally owned by Turkish Cypriots before 1974 (most secure and valuable)

2. TRNC Title – issued by the Turkish Republic of Northern Cyprus (safe to buy, commonly used)

3. Exchange Title – given as compensation for land lost in the south (legal under TRNC law)

Always check the title deed status before buying — and use a qualified solicitor.

💷 Costs to Consider

• Purchase tax: 3%–9%

• VAT (on new builds): 5%

• Legal fees: ~£1,500

• Land registry fees, stamp duty, and insurance

• Optional: Property management fees, if buying to let

📅 Buying Timeline

1. Choose a property

2. Hire a solicitor

3. Sign a sales agreement

4. Apply for permission to purchase from the government (takes ~6–12 months)

5. Transfer title deed

6. Move in or rent out!

👩‍⚖️ Legal Advice is Crucial

Always work with:

• A local, independent solicitor

• A reputable estate agent

• A registered developer, especially for off-plan properties

🏘️ Why Buy in Northern Cyprus?

• Lower property prices than Europe

• Great rental yields

• Mediterranean lifestyle

• Favorable climate

• No council tax

• Increasing tourism and demand

Ready to explore?

Check out listings, local agents, and buying guides on What’s On in TRNC