Since the new North Cyprus Property Purchase Regulations came into effect on 21st May 2024, our team at Cypria Properties has created this definitive step-by-step guide to ensure your property purchase complies with all current laws. As your trusted partner with 20 years of experience in TRNC real estate, we simplify the process from viewings to title deeds.
1. Choosing Your Property Agency
Why Select Cypria Properties?
✔ Legal Expertise: Every property we list undergoes thorough legal checks by our partner lawyers
✔ 20-Year Reputation: Celebrating two decades of trustworthy service in North Cyprus
✔ Exclusive Access: Many premium properties are sold “off-market” – we know where to look
Avoid Pitfalls:
- Online portals can’t verify legal status of listings
- Self-arranged viewings often miss crucial legal checks
- Our personalized property matching saves you time and stress
Complete Our Property Questionnaire to start your tailored search
2. Viewing Properties: Smart Strategies
Our Recommended Approach:
✅ Let us arrange all viewings using our local expertise
✅ Avoid exhausting duplicate viewings – we cooperate with trusted partner agencies
✅ Benefit from our climate-controlled vehicles for comfortable touring
Key Insight:
North Cyprus is larger than it appears! Centralized viewings prevent unnecessary travel in the summer heat.
3. New 2024 Purchase Regulations
For Overseas Buyers (Non-Kimlik Holders):
- Limit: 1 property (villa, apartment, or land)
- Turkish Citizens: May purchase up to 3 properties
- Family Purchases: Additional properties possible through family members (consult our lawyers)
Property Type Restrictions:
Property | New 2024 Rules |
---|---|
Apartments | Must have Kat Irtifak/individual deed (or max 7-year contract) |
Villas | Max 3,300m² plot; no secondary dwellings |
Land | Max 1,338m² (1 donum); building permits required |
Developer Requirements:
- New projects must sell ≥20% to Turkish Cypriots
- No single nationality may exceed 50% of units
4. The Reservation Process
Our Secure System:
- Legal Check: Meet with our recommended lawyer (free initial consultation)
- Power of Attorney: Establish POA for smooth remote transactions
- Reservation Deposit: £2,000-£10,000 held in lawyer’s escrow
- Cooling Off Period: Our lawyers verify all paperwork before releasing funds
5. Remote Purchases: Our Stance
While possible, we strongly advise against buying unseen because:
- Zoom tours can’t convey location nuances
- Remote POA processes are complex and expensive
- No opportunity for final inspection before commitment
Better Alternative:
Book our 7-Day Discovery Trip with viewing itinerary and legal consultations included.
Why Trust Cypria Properties?
🔹 Full Compliance: All transactions adhere to 2024 regulations
🔹 Legal Network: Partnered with top TRNC property lawyers
🔹 End-to-End Service: From viewings to title transfer
🔹 Market Intelligence: Access to unlisted premium properties
Contact Our Buying Specialists Today for Your Complimentary Consultation