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Whats On In TRNC - The simplest, easiest guide to everything in North Cyprus Search Results All (23) Blog Posts (5) Other Pages (18) 23 items found for "" Blog Posts (5) Why Invest in Northern Cyprus? 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 private in North Cyprus is not such an expensive nor time-heavy proposition. Consultations are quick, diagnoses are thorough and, should an operation be needed, you'll be on the schedule within the week. Education options are plentiful, offering all age groups a good standard of learning across the board. University education in particular is booming. Residency is easier than ever with online systems. The cost is not prohibitive and cheaper and easier to get than many other relocation destinations. The cost of living is a fraction of that in Europe, utilities are cheaper and property is plentiful and competitively priced. Eating out can be extremely cheap compared to oter European countries. Weekly shopping costs, whilst on the rise like anywhere else, are much more affordable. Finance – Interest on deposit accounts for £GBP and $US are much higher than elsewhere. Relocating savings could help your ability to live, with many retirees on decent pensions being able to live entirely off the interest from their savings. All those benefits and I didn’t even mention the beaches ! Buying Property in Northern Cyprus 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 With all property purchases, seek your own independent legal advice. Lawyers First meetings with lawyers are normally free , so it’s worth having a meeting before selecting a property, to make sure you’re happy with the legalities of owning a home in Northern Cyprus. Provide your lawyer with full information about the property plus details of any informal or verbal agreements you’ve made with the vendor regarding price, payment schedule and included items . Your lawyer can also give you advice about setting up a business, residency, taxation, or drawing up a new will . Legal firms increasingly offer multi-lingual services , advice and property contracts in English, Turkish, Russian and German . Their websites will give you more information. Power of Attorney (POA) Unless you speak Turkish and live in North Cyprus full time, you need a lawyer. Setting up a limited POA with a certified legal advisor in the TRNC is a free and very quick process. It’s ONLY for the process of buying property and is without risk to yourself. Proof of identify required is your passport plus recent bank or utility bill. You can do this during a visit giving you the option to still buy after you leave. A POA enables the lawyer to sign documents on your behalf if you’re away from Northern Cyprus for periods of time. Giving this POA is usually without charge, and enables all the important buying processes from the contract registration, to putting the deeds into your name, to be done without you having to return. Number of properties Non-TRNC citizens are allowed to hold one property of up to 5 donums, or just over 1.5 acres . Husband and wife qualify for one property each, as the restriction is one property per person. Multiple properties can be purchased by setting up a company or TRNC trust , or finding a trusted nominee to hold title for you. Properties can be registered in the name of an individual or a company . Setting up a TRNC company to hold the property title may have tax benefits. Consult a lawyer for advice. Taxes There are four main taxes involved in any property sale and purchase transaction. These taxes are: Capital Gains Tax - (Stopaj). Payable to the Tax Office by the seller unless varied by an express clause in the Contract of Sale. The Tax Office requires a copy of the Contract of Sale prior to transfer of title. Currently 4% of the assessed value of the property. VA.T. – Payable to the Tax Office by the seller if they’re deemed by the Tax Office to be a ‘Professional Vendor’ (i.e. whether the transaction is of a commercial nature or for profit). The Tax Office requires a copy of the Contract of Sale presented prior to transfer of title. Currently 5% of the Contract value. Transfer Fee - Payable to the Land Registry Office just before transfer of title takes place. Usually paid by the buyer and is currently 3% of the assessed value of the property for locals and 12% for foreigners. Stamp Duty - Payable to the Tax Office by the buyer unless varied by an express clause in the Contract of Sale. All Contracts of Sale must be registered at the District Lands Office within 21 days of being signed. Stamp Duty of 0.5% of the contract value must be paid before registration can take place. Obtaining permission to purchase The obtaining of permission to purchase is protracted and can take anywhere from 1 month to one year , but this doesn’t mean you’ll be unable to take possession. Once contracts have been exchanged and registered at the Land Registry, you’ll acquire beneficial interest and contractual rights of the property. Not only can you take possession, but your rights on the property are protected at the Land Registry Office, therefore no third party can buy, sell, or claim your property until permission is granted and deeds are transferred. Can I sell my property before I obtain my purchase permission? Yes - if you’ve negotiated with the seller to insert a clause allowing you to sell the property before taking title. Your lawyer would then prepare an assignment of contract to be signed between you, the seller, and the new buyer, assigning all of your rights and obligations under the contract to the new buyer. Title Deeds in Northern Cyprus 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 increasingly hard to find. TRNC TMD Title . This is land where no exchange has taken place, and theoretically there may be some compensation payable as part of a future political settlement of the Cyprus issue. These now fall into two main categories: Pre-74 and TRNC Title which includes Esdeger Title and TMD Title. Pre-74 Title Deed land only makes up around 10% of Northern Cyprus land. TRNC title refers to the other 90% of land, or new property built on land, which is a new title deed issued by the North Cyprus government since 1974. In March 2010, the European Courts of Justice gave official recognition to the North Cyprus Immovable Property Commission , which fully recognises that any theoretical compensation due to a possible original pre-74 Cypriot landowner (if they’re still alive) is, since 2010, now paid by the Commission upon application. Since March 2010, consensus amongst international investors is that both types of title deed in North Cyprus are equally safe . There’s probably more risk buying from an unverified small developer who has an unpaid debt on his land, than you are by buying a TRNC title deed from a reputable developer. Buying a TRNC title deed, or looking at both types, will generally give you better range, types and prices to consider buying, including land near to sought after facilities like the Karpaz Gate Marina or Korineum Golf and Beach Resort. When you’re looking to buy any property, it’s a good idea to use agents who make sure that correct land titles are in place, and every individual property has the correct individual title deeds either ready to pass to the new owner, or likely to be forthcoming soon, or once the new-build site is completed. View All Other Pages (18) Old Shakespeare Antique House & Pub Served daily between 9am and 11pm Old Shakespeare Antique House & Pub Served daily between 9am and 11pm Appetizers Soup of the Day 250 Breakfast 550 Bacon / Sausage Sandwiches 375 Tuna / Feta / Chicken / Hellim Salads 420 Calamari 500 Scampi 500 Beef Burger 480 Fish Fingers 350 Chicken Nuggets 350 Chips 200 Cheese Plate 450 Fruit Plate 300 Sizzling Garlic King Prawns Butter, garlic, king prawns, parsley and mild chilli. 420 Deep Fried Calamari Deep fried calamari served with homemade tartar sauce and greens. 350 Garlic Mushrooms Butter sauteed garlic and mushrooms with fresh herbs. 380 Chef's Style Halloumi Halloumi shish with rocket and pomegranate sauce. 320 Almond Rissotto Bowl Risotto, four cheese, egg, crushed and friend almonds with chilli sauce. 380 Main Courses All main courses come with chips and vegetables or salad on the side. Peppered Steak 220gr chargrilled beef fillet served with grilled vegetables. 1,050 Beef Teriyaki 220gr chargrilled beef fillet with teriyaki sauce served with caramelised onion and mushroom. 850 Blue Cheese Fillet Steak 220gr chargrilled beef fillet with blue cheese creamy sauce. 1,050 Seabass Roll (Levrek) Seaabass roll stuffed with prawns, tomato and garlic with creamy cheese sauce on top. 900 Chinese Style Grouper (Lagos) Sauttted grouper with vegetables, shallots, mushrooms, garlic, ginger and soya sauce. 800 Seafood Casserole Mixed seafood casserole in tomato sauce, topped with cheese sauce and served with rice. 850 Marinated Chicken Leg Marinated and chargrilled bonelesss chicken leg with grilled vegetables and rice. 600 Peppered Chicken Chargrilled chicken with crushed black pepper in creamy mushroom and brandy sauce. 750 Chicken Schnitzel Deep fried chicken schnitzel with mushroom sauce. 700 Lunch Menu Something to suit every taste Caesar Salad 450 Halloumi Avocado Salad 520 Home Made Cheese Burger 550 Home Made Burger 500 Halloumi Pitta Bread 450 Spaghetti Bolognese 550 Chicken Wrap With Salad & Chips 600 Egg & Chips 350 Pizza 499 Desserts Carrot Cake 250 Soft Drinks Coke Fanta Sprite Tonic 80 Juice / Ice Tea 80 Energy Drink 120 Tea 70 Herbal Tea 75 Mineral Water 50 Water 25 Coffee Turkish Coffee 70 Espresso 100 Double Espresso 120 Americano 100 Ristretto 100 Lungo 100 Espresso Machiato 120 Flat White 120 Caffe Latte 120 Capuccino 120 Latte Machiato 120 Alcoholic Drinks Single Malt Whiskeys available on request. Bottles of wine from 700-1300tl. Efes Draught 120 Beer Bottles 120 Craft Beer 150 Corona 150 Miller 150 Ciders 150 John Smiths 150 Guinness 180 Glass of Wine 120 Cielo Wines 700 Prosecco 750 Vodka / Gin Local 150 Vodka / Gin Imported 200 Whiskey Local 150 Bombay Gin 200 Jack Daniels 200 Cocktails 250 Long Island Ice tea 300 Home | Whats On In TRNC Whats on in TRNC Whats on in North Cyprus North Cyprus festivals events & concerts North Cyprus activities North Cyprus car hire North Cyprus history & culture North Cyprus property Events Casinos Flights Sightseeing Radio Hotels Festivals Foodie Car Hire Activities Property Guides North Cyprus Foodie | Whats On In TRNC Foodie North Cyprus Foodie Guide - Everything you need to know about local food culture. Including bars, restaurants, drinks, recipes and more. The most mouth-watering guide you'll ever see. Foodie Northern Cyprus offers a rich and diverse culinary experience, blending Mediterranean, Turkish, and Middle Eastern influences. From traditional Cypriot dishes to fresh seafood and modern fusion cuisine, food lovers will find plenty to savor. With its mix of traditional taverns, seafood restaurants, and modern cafés, Northern Cyprus offers a culinary journey that reflects its rich heritage. Whether dining in a lively local eatery or a scenic seaside restaurant, visitors can enjoy a delicious fusion of flavors and warm hospitality. (Click on any image for more information) Ahtapot Salatasi Bulgur Pilavi Ceviz Macun Fasulye Piyaz Halloumi & Tomato Imam Bayildi Lahmacun Molohiya Pekmez Seftali Kebab Tahin Salatasi Wineries Çiçek Dolmasi Ayran Bumbar Circassian chicken Firin Makarnasi Hellim Irmik Kurabiyesi Lokma Muhallebi Pilavuna Shammali Tarhana Yalanci Dolma Çoban Salatasi Aşure Börülce Salatasi Coffee Culture Food Tours Hellimli Kolokas Menemen Mushrooming Prickly Pear Sipya Tavuklu Börek Yayla Çorbasi Baklava Cacik Costa Cuisine Gatmer Hummus Kup Kebab Meyhanes Nohutlu Pilav Raki Sish Kebab Turkish Delight Zinavia Brandy Sour Carob Domates Dolmasi Grilled Halloumi Hummus Soup Köfte Meze Olives Raki Soslu Levrek Sütlaç Turunç Macunu Çakisdez View All