| Buyers Guide for
Properties in North Cyprus |
According to the TRNC real estate
system, there are 3 different types of title deeds
offered for sale in Northern Cyprus. For more
information regarding the legalities of real estate
purchasing please contact us for references at
info@esentepe-properties.com
:: Typical
Payment Schedule
::
Financing
a Purchase in Northern Cyprus
You can find information about property buying process in the
following page:
::Property
Purchasing in North Cyprus |
| [1]
Pre-1974 Turkish
(international) Title
Freehold |
This is the type of property that was owned by
Turkish Cypriots or Foreign Nationals, other than Greeks or Greek
Cypriots, prior to 1974. These properties are considered to be
'International Freehold' and are the most demanded type, being 100% free
of any type of claims.
These were owned by the Greek Cypriots prior to
1974 and were given to Turkish Cypriot citizens either in exchange of the
properties that they had left in South Cyprus on an equal swap basis or
were awarded for their use for economical development reasons. According
to the last version of the United Nations sponsored Annan Plan for
reunification, buyers of these types of properties are 'perfectly safe'
being free of any type of claims, as they have paid for these properties.
This type of properties are owned by the government.
Long-term leases are granted for 49 years.
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