Residential properties for sale in Northern Cyprus page 3
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Property types in Northern Cyprus
Properties features in Northern Cyprus
Frequently asked questions about Northern Cyprus real estate
What terms and conditions are offered to foreigners buying a home in North Cyprus?
Foreigners can buy any secondary real estate in Northern Cyprus. When buying must pay VAT, title deeds, and stamp duty. Their value is 5%, 3%, and 0.5% of the cadastral price of the apartment/house respectively. For the purchase of the property for any amount a permanent residence permit is granted.
In what areas it is more profitable to buy property in Northern Cyprus?
A win-win option is Kirinei and Iskile. These are the most popular resorts in the country, where there is always a demand for apartments and houses by tenants and buyers.Profitable investments can also be made in the housing of Famagusta. The area is known for its many attractions and sandy beaches, which regularly attract tourists here.
What benefits can be obtained from the purchase of secondary housing in Northern Cyprus?
The availability of real estate will allow you to legally reside in a country with a mild climate and clean environment. The acquired property can also be seen as a source of financial gain by renting it to tourists.
