North Cyprus Real Estate Insights
Expert Guidance for Foreign Buyers & Investors

Yes, it’s safe — especially with Turkish title deeds. Foreigners must follow the Permission to Purchase (PTP) process. Our North Cyprus real estate insights highlight legal steps, agent tips and deed types to guide safe purchases.

TRNC title deeds are issued by the Turkish Republic of Northern Cyprus, while exchange titles come from Greek Cypriot properties exchanged post-1974. Both are accepted locally, but Turkish title is most secure for resale and peace of mind.

Yes. You must apply for Permission to Purchase (PTP), which is granted by the Ministry of Interior. This process can take several months, but you can live in the property while it’s pending.

Yes. Buying property qualifies you for residency in North Cyprus, especially if you can show sufficient income or retirement proof. Residency is renewable yearly and leads to long-term status.

Esentepe, Long Beach (Iskele) and Kyrenia are leading locations due to rising infrastructure, sea views, and strong tourism potential. Many foreign investors choose these areas for rental returns and appreciation.

You’ll pay a one-time 3% title deed transfer fee, annual property tax, and optional VAT (5%) on new builds. Our blog articles explain all real estate taxes in North Cyprus in detail.

Local banks offer developer-backed mortgages with 30%–50% down payment. Most purchases, however, are made in cash or with payment plans from developers.

Yes — but you must obtain a tourism license or work with a licensed management company. Tourist areas like Long Beach and Esentepe are great for short-term income.

Risks include unclear title history, delayed construction, or buying without a solicitor. Always verify the deed type, legal documentation, and developer credibility before transferring money.

With all documents in place, purchases can be completed in 2–3 weeks. However, getting PTP approval takes several months, especially for exchange or TRNC title properties.