Guides on Buying New Builds in Northern Cyprus
Frequently Asked Questions about New Buildings in Northern Cyprus
What documents are required to buy a home in new developments in Northern Cyprus?
Foreigners, planning to buy an apartment from a developer in Northern Cyprus, need a passport or id-card. You will also need to get permission to buy the property.
Are there any restrictions for foreigners buying real estate from the developer of Northern Cyprus?
Foreigners may buy all types of real estate in any quantity. The only restriction: it is allowed to buy private houses on a land plot of no more than 1338 square meters.
How do I get Permission to Purchase when buying a property from a developer in Northern Cyprus?
Permission to Purchase is a permit to purchase a home. It can be obtained from the Council of Ministers. Here you need to provide an application, a copy of your passport, a land file, and other documents. Applicants' applications are considered for 4-6 months.
In what areas apartments are most often purchased in new buildings in Northern Cyprus?
Most demand is for apartments in Kyrenia, Iskil, and Famagusta. In these picturesque resorts, real estate is bought for vacation and permanent residence.