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BatiCyprus.com - Properties in North Cyprus
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North Cyprus Real Estate for SALE/RENT from leading constraction companies as well as RE-SALE properties
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  • +90 542 885 6212
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Buyers Guide

Buyers Guide

Why To Invest In North Cyprus

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The Turkish Republic of Northern Cyprus enjoys a typical Eastern Mediterranean climate with long hot summers and short mild winters. The southern coastline at the foot of the Karpaz Peninsular is accepted as being one of the most beautiful areas in the world in which to live. The natural beauty of the island, the lovely climate, the warm and generosity of the Turkish Cypriot people and the abundance of fresh food make North Cyprus an unspoilt and un-commercialised haven.
With over 300 days of sunshine each year, un-crowded beaches and warm unpolluted seas, North Cyprus is a dream holiday destination for many Western Europeans. It is also an ideal location for property investment, whether you are looking for a second home, somewhere you can buy, or a place to retire in the sun.
But why should you choose to invest in property in the North Cyprus over other destinations in the world? Property and land prices are significantly cheaper in North Cyprus, compared to anywhere else around the Mediterranean. Purchasing land, a house or investing within this area are important decisions and should not be taken lightly.
Our wide portfolio gives the purchaser plenty of choice and includes everything from high end luxury villas to beautiful village bungalows and we also have a wide choice of land for private projects where dreams to be built on, therefore Batı Estate Agents offers the Key to Success…
The current situation between North Cyprus and South Cyprus means that many people are confused over this issue. The events of 1974 divided the island and hence this year is vitally important in deciding property ownership. Here is a quick guide to current North Cyprus property title deeds, to help you secure the North Cyprus property of your dreams.

Restrictions on Foreigners

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Foreigners are allowed to purchase up to 7000m2 per person, if the purchaser sets up a limited company then the amount allowed is unlimited.  A number of checks carried out by the Council of Ministers following an application to purchase, can take approx 12-18 months to complete.
The Land Registry maintains records of all land transfers in the same way as in the UK. The TRNC government issues the titles in the form of Title Deeds (“Kocan” in Turkish) as either Freehold or Leasehold and draws no distinction between the freehold titles of properties. However, buyers should be aware of the history of the title they are buying.

Types of title are as follows: 

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  1. Foreign and Turkish pre’74 Titles
    TURKISH FREEHOLD TITLE pre’74
    Land owned by a Turkish Cypriot prior to 1974 with undisputed title.
    FOREIGN FREEHOLD TITLE
    Land owned by non-citizens (e.g. British) and purchased prior to 1974.
  2. Exchange or Esdeger Titles 
    Esdeger Title (“exchange” title) is land originally owned by a Greek Cypriot prior to 1974, with title deeds issued by the North Cyprus government post 1974 to a Turkish Cypriot refugee from the south on a point’s basis in compensation for land abandoned in the south. It is widely known as exchange land – as the Turkish Cypriot refugee had effectively swapped his land left in the south for equivalent value land a Greek Cypriot abandoned Northern Cyprus.
  3.  TMD Title Deeds (Tahsis)
    TMD lands at the time (after the war) were unoccupied lands which were only used as agricultural lands. These lands were used as a government incentive to increase the population in the TRNC by allocating lands to mainland Turkish citizens for agricultural and farming purposes. In recent years the law changed enabling persons to be able to take ownership of the land and to settle in the TRNC.

  4. Leasehold Title
    Leasehold property in North Cyprus is often owned by the Government ‘EFKAF’ ministry of antiquities and available on a 49 year lease basis. That aside, you may at any time freely leas or rent property, including your own, for any period of choice. There are no particular restrictions for foreign nationals on this.

Buying Costs

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Selling Costs

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Running Costs

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