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Property in Northern Cyprus: basic requirements and choice

05.07.2024
Property in Northern Cyprus: basic requirements and choice

Northern Cyprus is an excellent option for living. This place is rich in history and culture. Anyone can buy property in Northern Cyprus. But it is important to take into account some requirements for choosing real estate so as not to regret your decision in the future.

Legal basis

Purchasing a property in Northern Cyprus must comply with the laws that apply to real estate in the relevant region. Be sure to make sure that absolutely all legal aspects are observed in practice.

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Permission to purchase

In some situations, foreign citizens need to obtain special permission to purchase a property in Northern Cyprus. Check all requirements in advance to avoid unexpected problems.

Financial opportunities

Decide on the amount of money you are willing to spend on purchasing real estate. Don’t forget to take into account taxes, agency commissions, utility bills and other points so that the budget is accurately calculated.

Type of property

In Northern Cyprus you can purchase apartments, villas, houses, commercial properties and other properties. Focus on your needs so that you can comfortably use your home in the future.

Property location

Find the location in North Cyprus that suits your specific needs. For example, proximity to the sea is important to many people. Others are interested in developed infrastructure.

Availability of facilities nearby

The selected property should have basic amenities. Medical clinics, educational and preschool institutions, shops with various goods and many other facilities should be within walking distance.

Condition of the property

You can purchase a property in a new building or on the secondary housing market. Regardless of the chosen option, it is worth familiarizing yourself with the state of repair, the situation inside and outside, so as not to regret the decision in the future.

Ownership

Make sure that title to the property is clear. The transaction must be conducted in a safe environment.

Infrastructure projects

Study plans for infrastructure development in the area where the property is purchased. This directly affects the value as well as the prospects of the investment.

If you doubt your abilities, you should turn to professionals. The agency’s specialists will definitely help you choose the most suitable object!

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