North Cyprus Buyers Guide
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Buying Property in Northern Cyprus
Regions of North Cyprus
Why Buy Property in North Cyprus
North Cyprus is often referred to as the undiscovered jewel of the Mediterranean with its beautiful beaches and rugged mountains providing some of the most enchanting property locations on the island of Cyprus.
Property prices, which are currently at around half the value of the prices on the south of the island are at an artificial low due to the climate of political uncertainty and the worries that people have had over land titles. This also presents an enormous opportunity for buyers who are prepared to research the market carefully. As this guide will explain it is possible to buy a property from plan with a high degree of security providing it is purchased with the help of a good local solicitor.
Whether North Cyprus ends up becoming part of the EU as a federation with the south on the basis of the United Nations Annan Plan, or becomes an independent state, property prices can only increase and with a favourable political climate, could rise very rapidly in the near future. |
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Disclaimer
Please note that while every effort has been made to ensure the accuracy of all information in this guide, Anglo Cyprus Homes Ltd do not accept responsibility for any inaccuracies therein either from error or from changes that may subsequently be made to North Cypriot law or taxes or for any investment decisions made as a result of reading this guide. Please note that tax rates may differ from the examples given above and are subject to change. Taxes will be applied at the rate ruling at the time.
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