North Cyprus, known officially as the Turkish Republic of Northern (TRNC) is an independent republic located in the north of North is a part of Mediterranean where the sun shines for 300 days a year and the local people are genuinely pleased to welcome you to their homeland.
North is one of the hottest locations for new property developments, with its sights firmly set on the European holiday home market. New property developments in North follow the familiar pattern of other Mediterranean counties, focusing either around a major facility, such as a golf course, or on glorious views of coast or mountains.
If you are looking for investment in Property in North Cyprus then these following points might help you take better decision before investing.
Choose Your Ideal Location
North Cyprus is a beautiful country with several distinct areas, each with their own particular appeal. If you are buying a home for yourself, decide what you want most; walking distance to a sandy beach, or a mountainside location with views over the sea.
Make a short list of one or two areas that interest you, then check your online forums for local insights, such as good schools, top restaurants or problems with water supplies etc.
Check Online Information
When considering buying property in North Cyprus, always research your options online first. Most North Cyprus property developments have websites complete with glossy site maps and impressive floor plans, which only tell half the story.
For the full picture, join a North property online forum, where real buyers compare experiences of purchasing at specific developments.
Take Advice of Real Estate Agent
Visit local estate agents and get details of properties in your chosen areas. Only accept details on properties within your price range and arrange viewings for any properties that tick all the boxes. Follow the estate agent in your own car to any property viewings, so if you don't like them, you can swiftly move on.
Understanding TRNC Policy
You must ensure your property comes with a Turkish Republic of Northern (TRNC) freehold deed. Due to the division of North Cyprus in 1974, these come in four formats;
1. Pre 1974 Turkish Freehold Title, for land or property owned by a Turkish Cypriot before 1974.
2. Pre 1974 Foreign Freehold Title, for land or property owned by a foreign national before 1974. These titles are internationally recognized.
3. TRNC Exchange Title, for land or property given to a Turkish Cypriot in exchange for land and property they owned in south before 1974, and have relinquished their rights to.
4. TRNC TMD Title, for land given to Turkish Cypriots for military or government service, or to settlers.
Invest in New Properties
If you want to buy a North Cyprus property you can move straight into, consider resales at recently completed developments.
Your property should be already sorted with all utilities, minor snagging issues ironed out, and yet the property should still be in excellent condition. Unlike new build properties, where your money may be tied up for two years with no return, a resale property can be enjoyed or rented out as soon as you get the keys.
North is one of the hottest locations for new property developments, with its sights firmly set on the European holiday home market. New property developments in North follow the familiar pattern of other Mediterranean counties, focusing either around a major facility, such as a golf course, or on glorious views of coast or mountains.
If you are looking for investment in Property in North Cyprus then these following points might help you take better decision before investing.
Choose Your Ideal Location
North Cyprus is a beautiful country with several distinct areas, each with their own particular appeal. If you are buying a home for yourself, decide what you want most; walking distance to a sandy beach, or a mountainside location with views over the sea.
Make a short list of one or two areas that interest you, then check your online forums for local insights, such as good schools, top restaurants or problems with water supplies etc.
Check Online Information
When considering buying property in North Cyprus, always research your options online first. Most North Cyprus property developments have websites complete with glossy site maps and impressive floor plans, which only tell half the story.
For the full picture, join a North property online forum, where real buyers compare experiences of purchasing at specific developments.
Take Advice of Real Estate Agent
Visit local estate agents and get details of properties in your chosen areas. Only accept details on properties within your price range and arrange viewings for any properties that tick all the boxes. Follow the estate agent in your own car to any property viewings, so if you don't like them, you can swiftly move on.
Understanding TRNC Policy
You must ensure your property comes with a Turkish Republic of Northern (TRNC) freehold deed. Due to the division of North Cyprus in 1974, these come in four formats;
1. Pre 1974 Turkish Freehold Title, for land or property owned by a Turkish Cypriot before 1974.
2. Pre 1974 Foreign Freehold Title, for land or property owned by a foreign national before 1974. These titles are internationally recognized.
3. TRNC Exchange Title, for land or property given to a Turkish Cypriot in exchange for land and property they owned in south before 1974, and have relinquished their rights to.
4. TRNC TMD Title, for land given to Turkish Cypriots for military or government service, or to settlers.
Invest in New Properties
If you want to buy a North Cyprus property you can move straight into, consider resales at recently completed developments.
Your property should be already sorted with all utilities, minor snagging issues ironed out, and yet the property should still be in excellent condition. Unlike new build properties, where your money may be tied up for two years with no return, a resale property can be enjoyed or rented out as soon as you get the keys.
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