What Documents are Required to Buy a Property in North Cyprus? Only your passport is required for the solicitor to begin the process of your property purchase. With your consent and power of attorney your solicitor will apply for your application to purchase from the TRNC council of ministers in your absence. Can I Get a Mortgage for Property in North Cyprus (TRNC)? At present, due to the political isolation of Northern Cyprus it is not possible to secure international mortgages on properties in Northern Cyprus. However, some developers have now started to offer long term fixed rate North Cyprus property mortgages directly, typically for 70% of the property value over a twenty year term fixed at 5%. These mortgages are approved on a self certified basis and are not tied to your UK collateral. Do I Have To Use The Same Solicitor as My Builder? Absolutely not, it is bad practice to do so in the UK and you shouldn't consider it in Northern Cyprus. If a builder or developer tries to pressure you in to using their solicitor simply walk away. The Villa Shop can recommend highly reputable and experienced North Cyprus Solicitors to work on your behalf with your best interests at heart - not your builders. Should I Make a new Last Will & Testament in North Cyprus? We strongly advise you to make a new will as your property in Cyprus is not covered on your UK will. This is a straightforward process and your solicitor can assist you. I Have Seen Guaranteed Rental Schemes, What's the Catch? Be careful, these schemes can seem very lucrative until you read the small print. Typically these properties are over priced compared to similar properties, in some cases up to £30,000 - In many cases you are paying for your 'guaranteed rental income' yourself in advance. You may also find your personal use of your new property is restricted to a few weeks a year. Remember, if you purchase any property in North Cyprus from The Villa Shop we'll advertise it free of charge under our North Cyprus property rentals for as long as you own the property! Are You're Prices in British Pounds (GBP) or Cypriot Pounds (CYP)? All prices on our website are in UK British £'s (Sterling / GBP). Please do not confuse our prices with those on other websites which are in Cypriot £'s which when converted to Sterling work out 20% to 30% more expensive. How Long Can I Stay in Northern Cyprus Legally? You are issued a 3 month tourist visa when you arrive in Northern Cyprus. If you wish to stay longer than this you must apply for a residents permit, this is a relatively simple process and once obtained you can stay in North Cyprus indefinitely. Who Will Look After My Property While I am Away From North Cyprus? JEPA Estates can assist you in finding a reputable North Cyprus property management company. Basic property management in Northern Cyprus plans start from £30.00 per month, we can also arrange personalised plans to suit individual requirements. Services include cleaning, pool maintenance, preparing for guests and visitors, testing air-conditioning units, opening windows and airing the property, garden maintenance and payment of bills. What are the difference between the Title Deeds in Northern Cyprus? There are various forms of title deeds in North Cyprus that a buyer should be aware of including: Freehold - Foreign Title Deeds (Pre 1974) - This is property owned by other European residents and the title deed is internationally recognised. There are a number of checks to be carried out by the Council of Ministers. Freehold - Turkish Title Deeds (Pre 1974) - This is property Turkish Cypriot owned prior to 1974. Foreigners are limited to one donum per person (husband and wife count as one person unless they have different surnames). Again there are a number of checks to be carried out by the Council of Ministers. Freehold - TRNC Title Title Deeds - A property with TRNC Title Deed, Kesin Tasarruf Belgesi - Absolute Possession Document was previously Greek Cypriot owned, prior to 1974. When many Turkish Cypriot refugees came to the north after July 1974, they left all their possessions behind in the south and would sign over his properties to the TRNC government. The intention is that the North Cyprus government would hold the assets until a settlement is agreed between the north and south governments. Accordingly, the Government then assessed the value of the properties on a points basis, and with these points, the Turkish Cypriot refugee could take a relinquished Greek Cypriot house or land in compensation for his lost properties. The refugee would then be issued with a title deed for his newly recompensed property. Leasehold Title - This property is government owned with long-term leases granted for 49yrs. You can apply directly or via a solicitor to the Ministry of Tourism to transfer the lease. Warning - Be careful to avoid the temptation of cheap properties that may be without a title deed issued by the relevant authority. These properties are considered a high risk it is likely that buyers of such properties could lose them without compensation in the future. What is the Purchase Procedure for Buying Property in North Cyprus? Once you have chosen your property with us the purchase procedure is really quite simple:  | Choose your property and agree the price with the developer / seller – the validity of the title deed is then checked by your solicitor. | | Grant your solicitor Power of Attorney to handle matters relating to your property purchase in your absence. It is necessary to register the Power of Attorney with a local Notary. | | A contract is then drawn up by your solicitor, setting down the terms of sale, price, payment terms, timescale, vendor, purchaser and any extra requirements. In many cases, the purchaser returns home and the contract is then emailed for you to check and only once you have approved it will your solicitor proceed with the purchase in your absence. | | The vendor and you as the purchaser will then sign the contract. | | The purchaser then pays the agreed deposit to the vendor. | | Your solicitor applies for your Purchase Permit from the Council of Ministers. | | The Villa Shop will act as the main point of contact between you and your builder, we will keep you updated on the progress of your property and send you regular pictures. | | Upon completion of your property you will make your last payment to the builder. | | As soon as your purchase permit is received you will then pay any retention payment to the builder. | | The vendor will then transfer the title deeds into your name and this is when your taxes are payable. The sale is then complete. |
How Do I Pay My Utility Bills? You can pay your utility bills (electricity, water) by several methods. | Wait until the bill arrives, take it down to the relevant office and pay it in person | | Set up a direct debit from your North Cyprus bank account | | Allow your property management company to pay the bills on your behalf | | Make an advance payment with the relevant companies |
Do JEPA Estates Arrange Property Inspection Trips to Northern Cyprus? Yes! We'll help you arrange a suitable travel package and if you purchase a property during your stay we'll refund you up to £500.00 towards the cost of your trip. For more information please visit our North Cyprus Property Inspection Trips page. | 
