Northern Cyprus offers an excellent opportunity to achieve high return on investment with its favorable climate, low crime rate, attractive real estate prices, rising investment trend, high rental returns, unspoiled natural beauties and tourism potential.

Owning a property in Cyprus offers the opportunity to rent and sell in foreign currency, the chance to take part in a vibrant and rising real estate sector, and the opportunity to benefit from high-profit investment opportunities.

No. Our company does not charge a service fee for project purchases.

Foreign nationals are allowed to purchase one house or one acre of land per person in Northern Cyprus. Married couples are treated as one person.

Foreign citizens who buy any house or apartment in Northern Cyprus can easily obtain a residence permit through their lawyers. They can reside as long as they wish.

Real estate can be purchased with the help of a power of attorney issued in accordance with TRNC laws.

Contract Stamp Fee Five per thousand (0.5%) The stamp fee is paid to the tax office. Deed Transfer Cost (3%) The Deed Transfer Fee is paid to the Northern Cyprus Land Registry Office when the Deed Transfer is made.

VAT and Value Added Tax paid to the Tax Office are based on the value of the house (5%), and in accordance with the newly regulated law, it must be paid before the house delivery date.

Transformer Contribution + Infrastructure and Connections: This tax requested for infrastructure facilities such as telephone, electricity or water is between £ 1,500 – £ 4000 on average. This tax is paid before the home is delivered.

The average amortization period for those investing in real estate in Cyprus is 8-12 years.

Finding a tenant in Cyprus is actually quite easy. Since the demand for rental housing is greater than the supply, it is not difficult to find tenants. The construction company of the project you have purchased offers either long-term or short-term rental services.

While Northern Cyprus has come to the fore with housing opportunities in recent years, buying a house in some parts of this beautiful island offers a little more advantage. In this respect, Famagusta (long beach, Iskele) and Esentepe regions stand out among the best choices both for investment purposes and location.