North Cyprus Properties
for sale

Attention! For long-term rent: three bedroom villa with a big garden in Catalkoy, close to Acapulco beach, sea and mountain views, fully furnished, satellite TV, just 440 per month. For information please click HERE. Also big three bedroom apartment in Edremit, large oasis pool, sea and mountain views, unfurnished, just 400 per month. For more informaton please click HERE.


iListers Estate Agency is glad to offer a variety of North Cyprus Villas, Apartments, Land plots and other Properties for sale or rent. Our portfolio includes over two thousand units from luxurios seaside villas to small mountain apartments in any part of this beautiful island. We also advise our customers on buying or selling procedure, taxes, title deeds, maintenance, gardening, rental and furnishing. We hope you continue investigate our web site which we have made to assist you with the property buying in North Cyprus.

Property Developer in Cyprus

if you are looking for off-plan Properties in cyprus or you want to buy a new build house in cyprus Quality Home Developers in Cyprus is your best choice.

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North Cyprus

Legend has it that the island is full of friendly locals, fantastic beaches, delicious food, wonderful nature and more ancient architecture than you can imagine… Hold on, that’s not a legend – it’s actually true as a million Brits who visit the island each year can testify. This island has been a holiday hotspot for years mainly because of a British colonial legacy. The island has so many advantges over other Mediterranean countries that tourists come here over and over again.

Buyer's guide:

We will not only help you to choose a property in North Cyprus, but also we will give you a practical advice about property purchase and maintenance. Step by step we will support you in all difficult questions. For our customers we offer free of charge consulting and after sale rental services. We will be glad to tell you about property taxes and additional costs, property buying procedure, title deeds, legal issues and other peculiarities of investing in North Cyprus. We will be also glad to arrange the property inspection trip from your country.

Our services:

We give comprehensive service to private and commercial clients who requre assistance relating to investment in the island. Despite selling properties of different construction companies and individuals we also build and sell our own villas and apartments. Our friendly staff helps our customers in everything from the very first step till handling the key. In addition we have developed a property maintenance department in order to ensure that your development is maintained to the standards that you expect.


North Cyprus investment activities are growing up in a rapid rate. More and more great projects are announced to be build here within the next 5 years. Investors from all over the world see it as a big opportunity to buy land in North Cyprus and build their own project on it. If you are looking for a beach land, offices, hotels, casinos or abandoned projects for sale, Unistar is always glad to offer the best options. Our professional team will introduce you to the new world of investment opportunities in the island.

Free news subscription

Subscribe to our free monthly newsletter to be the first to know about the latest news in Cyprus. Subscribed members get all of the following news each month: latest political news in the island, legal advise from the local lawyers, the most important social events, information on new projects and discounts. The newsletter will be sent in the beginning of every month to your e-mail. We also publish on our website all the latest news from the local newspapers.

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5 Common Misconceptions About Property in North Cyprus (Part2)

Misconception 5: North Cyprus Title Deeds are dangerous or impossible to get

True: In North Cyprus, there are exceptionally safe title deeds available. Obtaining Permission to Purchase in North Cyprus is currently a simple process. ALL title deeds issued by the North Cyprus government are backed by the TRNC government.

The most recent regulations make property in North Cyprus quite safe

Because of the complicated history of Northern Cyprus’s creation, it’s reasonable that many ex-pat buyers have concerns regarding the security of North Cyprus Title Deeds. The good news is that as time has gone on, many new policies have been enacted that have made a prudent new property purchase in North Cyprus increasingly safe and worry-free – with no more hazards than any other overseas property destination. This section describes how and why tens of thousands of international property purchasers now consider buying a property in North Cyprus to be a very safe purchase.

There are two primary reasons why prospective North Cyprus property buyers are concerned about title deeds.

A. Are you concerned that you will not acquire your title deed in North Cyprus?

You may be apprehensive that if you purchase a property in North Cyprus, you would never obtain your title deed. This may happen if a buyer was denied permission to purchase or if the developer refused to release the deed.

The lack of deeds is extremely unfortunate, but there are now new safeguards in place in North Cyprus to prevent this from happening, summed up in the new “Estate Agents Bill,” which now protects the buyer and requires the contract of sale to be registered with the North Cyprus land registry as soon as possible after signing.

Permission to purchase (commonly known as “P2P”) is a legal requirement that will only be denied if the individual passes a police check in the nation where their passport was issued.

Will I be able to obtain my title deed in North Cyprus?

  • If you are a person who can pass a police check in your home country.
  • If you’re buying a new home from a reputable builder who has a track record of completing projects on time,
  • Once the developer or private seller is able to transfer the property, you will obtain a title deed.

Please keep in mind that each person is only authorized one title deed.

What causes these misunderstandings? – In terms of acquiring Permission to Purchase (or P2P), there was a moment a few years ago when P2P was delayed from buyers who wished to purchase a property built on Pre-74 Turkish Title land for political reasons. P2P is now being provided quickly for all title deed applications.

In rare circumstances, there are injunctions or impediments against the buyer receiving the title deed – or the deed is shared with another property. Recommends that you visit a North Cyprus lawyer who will review all of this for you before making an offer on a property or before releasing any reservation deposit funds to the seller, to ensure that the deed exists and is sound.

Our company, cyprus-properties, only lists new properties built by companies that have a perfect track record of immediately delivering title deeds to new buyers.

B. Are you concerned that after receiving a title deed, you will lose your North Cyprus property due to the reunification of Cyprus or any other claim?

Perhaps you are not concerned about receiving a deed. You simply do not have faith in the North Cyprus Title Deed. This could be for political reasons, as a pre-existing deed may appear to displace your new North Cyprus deed, given the island’s history of partition between South and North Cyprus. It could also be for another cause.

True: New properties in North Cyprus built on pre-74 and Exchange Title Deed land are extremely safe.

In North Cyprus, there are two types of land deeds on which most new properties are built and which are considered extremely safe to buy. Pre-1974 Turkish or British Deed properties are built on land that has always been part of Northern Cyprus and on which no claim or property loss can be made. The other sort of land deed, known as “Esdeger” or “Exchange” land, is the most commonly employed by developers today and regarded highly safe by North Cyprus lawyers. The latter refers to land that has been given up in return for a deed on land of similar value lost on the south side of Cyprus after the partition.

The term “TRNC Title Deed” refers to new deeds issued on properties created after the island was divided in 1974 and which did not exist previous to the island’s partition and hence cannot be claimed by anyone else. The government of North Cyprus is backing these deeds.

In the event of reunification of Cyprus (at which point your new North Cyprus property is expected to appreciate significantly), compensation will be payable to former Greek Cypriot landowners, as well as Turkish Cypriot landowners who lost up to 20% of their land in the south. However, there has never been any suggestion that this restitution be paid by new property owners, but rather by the international community through a Property Commission.

North Nicosia’s Immovable Property Commission

In North Nicosia, there is already a fully operational Immovable Property Commission, which the European Courts of Justice have recognized as “an effective local remedy” for compensating Greek Cypriots for land lost in North Cyprus. There are a few “restitutions” of older, unmodernized village homes built before 1974 that we do not advocate buying.

Why do people have misconceptions about buying property in North Cyprus?

Unfortunately, when it comes to safety myths, the mainstream media has tended to focus on the loss of land in the north of Cyprus, whereas Turkish Cypriots (who have lost up to 20% of their precious land in the south of Cyprus) have received little coverage. To our knowledge, just one ex-pat home has ever been lost in North Cyprus as a consequence of a high-profile, government-funded Greek Cypriot court action, which only won because the home was erected in an existing older residence’s orchard.

We at cyprus-properties would encourage all of our North Cyprus property purchasers to ignore internet rumors and outdated information, and instead get a reputable legal opinion on the acquisition of your new North Cyprus home.

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5 Common Misconceptions About Property in North Cyprus (Part1)

Is it safe to buy in real estate in North Cyprus?

Another source of misunderstanding is that property markets in other countries, such as the Middle East, Scandinavia, the United Kingdom, and mainland Europe, operate in quite different ways and have a very different history from those in North Cyprus.

We like addressing our clients’ property worries and assuaging their legal, practical, and other concerns, as well as dispelling these prevalent myths about the safety of the North Cyprus property market. We further propose that people with concerns touch with or email a skilled North Cyprus Lawyer for reassurance if necessary.

The top 5 Common Misconceptions regarding Buying a Property in North Cyprus are listed below. None of these statements are correct!

  1. buying a property in North Cyprus can take up to two months.
  2. In North Cyprus, villas are always more expensive than apartments.
  3. Foreign buyer bank mortgages are available on all North Cyprus properties.
  4. Non-Cypriot lawyers from outside North Cyprus can be employed to purchase properties in North Cyprus.
  5. Title Deeds in North Cyprus are dangerous or difficult to get.

Misconception 1: buying a new, key-ready property in North Cyprus can take up to two months

It can take up to two months in the UK and several other countries between putting an offer on a home to “completion” on a property. It’s a common misperception that it would take the same amount of time in North Cyprus. However, because the majority of transactions to international buyers are still “cash sales,” it can take as little as two or three weeks. Many sales in North Cyprus are of brand new properties with 5-year structural warranties, which means property surveys are less usual — saving time as well. Furthermore, in other nations where bank mortgages are commonly arranged as part of the sale, the time period is obviously extended.

True: purchase purchases in North Cyprus, whether through a developer loan or cash, may typically be completed swiftly. The majority of sales in North Cyprus are either cash sales or non-status developer mortgages, both of which are quite simple to arrange. The keys can be handed over once the money has been transferred (either the whole sale price or an agreed-upon deposit) and the contract has been signed and ideally recorded at the land registration. Unlike the UK, there is no two-stage process (exchange and completion) — instead, the money is released to the seller on the same day as the contract is signed. Sales using the new 50% bank mortgages (on a limited number of homes) take longer to finalize.

Misconception 2: In North Cyprus, villas are always more expensive than apartments.

In the past, apartments in North Cyprus were often more cheap than villas. However, this is no longer the case. Although the top end of the villa range does cost more than the top end of the apartment range, the price lines are blurred at the lower price range end of the market.

True: 2 bedroom townhouses or smaller bungalows in the cyprus-properties category can be far less expensive than some of the more opulent seaside flats with year-round amenities! With some townhouse and semi-detached villa pricing (many with payment plans/mortgages) being really cheap, you should inquire about what you truly desire rather than what you believe you can afford.

Misconception 3: All North Cyprus houses are eligible for bank mortgages for foreign buyers.

Many would-be Cyprus property owners are astonished to learn that, unlike Spain and Italy, not all homes in North Cyprus are suitable for bank mortgages for foreign buyers.

True: However, there is some positive news: new 10-year, 50% bank mortgages are now available to overseas buyers, albeit only on certain houses. Banks will consider loans for North Cyprus properties having individual (not joint) title deeds that are ready to transfer.

Even though they are still excellent assets, brand new properties that are awaiting their deeds or older properties with an interim shared deed are not bank mortgageable. However, with a “developer loan,” cyprus-properties will purchase buyers in purchasing new homes when they are available.

One element that has kept prices so low, avoided boom and bust, and sheltered North Cyprus from the repercussions of the global recession is the lack of bank mortgages for international buyers until recently in North Cyprus.

Developer Loans are an alternative to bank mortgages in North Cyprus

So, how can a foreign buyer or investor buy a home if they don’t have all of the necessary funds? There are two primary options: many people will remortgage their home in their native country to free up funds, which they will then use to purchase property in North Cyprus. Many other countries have cheaper interest rates, so this could be a smart option.

The second alternative is to use one of the non-status “low deposit developer mortgages or payment plans” with interest, which companies like cyprus-properties are increasingly persuading developers to offer to their clients. These include the buyer borrowing money from the firm that constructs the property and repaying it over a period of up to 12 years. The interest rate, minimum deposit percentage, and time period for complete payment vary by developer. Deposits start at 25% with payments spread out over up to 12 years in the cyprus-properties Long Term Payment/Mortgage Range. For further information, please contact our NCI offices.

Misconception 4: I don’t need a lawyer in North Cyprus since I can handle the purchase of a property in North Cyprus with my own lawyer at home

North Cyprus was once a British colony, and the island retains a distinct “ex-colonial, British flavor.” Cars drive on the left, plugs are the same, English is commonly spoken, and the British pound is accepted in stores. As a result, some people may believe that the legal system is the same in both countries, and that British or UK-based lawyers can be employed for property transactions, although this is a misunderstanding. North Cyprus has its own legal and political system.

Lawyers in North Cyprus who are recommended

True: To buy a North Cyprus property safely, you need see a fully certified North Cyprus Lawyer during your stay and set up a power of attorney (POA) – which is free to set up – so that if you wish to buy after you have gone home, you will be allowed to do so. Important responsibilities such as registering your contract of sale at the land registry, liaising with the property owner to confirm the property is safe to purchase and draw out the contract, signing the contract on your behalf, and other matters will require the services of a North Cyprus educated lawyer. Many North Cyprus lawyers have received their education in the United Kingdom; see our list of recommended lawyers.

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What can I anticipate from the legal process?

The legal system of Cyprus is straightforward and, in fact, founded on the rule of law. Here’s a step-by-step guide to what to expect:

Step One: If your offer is accepted, you may be requested to sign a reservation agreement, which, while not legally binding, demonstrates your intent to purchase. If you want a mortgage, the vendor should now withdraw the property from the market while your lawyer conducts some basic due diligence and the bank conducts its own valuation.

A small holding deposit is commonly required these days, and this is frequently paid directly to the vendor. You risk losing money if you just “change your mind,” so have a receipt set up by your lawyer saying that the deposit is “subject to satisfactory checks,” which will protect you. When paying the deposit, make sure you discuss the exchange rate with your currency specialist; the exchange rate is continuously changing, so even though the contract is in Euros, the price you pay in Sterling isn’t, which could cause problems down the road. The buyer’s and lawyer’s lawyers’ contact information is then exchanged.

Step 2: Your lawyer will now conduct checks to confirm that the property is clear of any outstanding debts. (It was standard practice in Cyprus in recent decades for developers to take out land mortgages and not repay them – in this situation, you would effectively own the home but not the land it sits on.)

A title search will be performed by the lawyer to ensure that the seller is the legal owner of the property and has the right to sell it. Boundary searches will be conducted, and all planning permissions will be confirmed.

At this time, a volunteer Plan Search at the local council can be good to see whether any other development is proposed in the vicinity.Although you won’t be able to ensure that a property will not be built directly in front of yours in a few years, it will assist to reduce your risk.

Step three: If you’re happy to proceed with the surveys and your lawyer hasn’t raised any concerns, you’ll go on to the Contract of Sale. This is the same as a contract exchange in the United Kingdom, and all relevant facts must be recorded.

If you are unable to go to Cyprus, you must provide your selected representative power of attorney to sign on your behalf. A nonrefundable deposit of between 10% and 30% will be required, so make sure you’re completely satisfied with the details before signing.

Step four: After both parties have signed the Sales Contract, your lawyer will file it with the District Land Registry Office. This precludes the seller from refinancing or selling the property to anybody else until the Title Deeds are obtained. This is called as Specific Performance Law, and it protects you in some ways until the deeds are issued.

Along with your registration, you will need to present bank and character references. You will also need to apply for a permit from the Council of Ministers as a non-Cypriot. Keep in mind that this could take a few months to complete.

Step 5: Funds must now be put in place in order to complete the sale. If you’re paying with a mortgage, your lender will handle the transfer of funds to the seller. If you pay in cash, the transfer will be handled by your currency exchange firm or bank.

Step 6: Because getting the final Title Deeds in Cyprus can be a lengthy process, this is where the Cyprus system differs from the UK system.

The Title Deeds may be available for instant transfer into your name in some situations. If this is the case, the Land Registry will receive the transfer fee, and you will have ‘finished’ in the UK sense.

In other circumstances, however, it may take months or even years for the Title Deeds to be issued. However, it is still normal practice in Cyprus to do so.Pay the remaining and live in the property while you wait for the move to be completed. Consult your lawyer to see if this is appropriate in your situation — new legislation have recently been introduced to ensure that Title Deeds are given directly to buyers.

Note that if you are purchasing a new property, you may be required to pay the purchase price in installments rather than all at once. Make sure you get bank guarantees for each payment in case there are any issues with the construction.

What should I be careful of in terms of potential pitfalls?

The process of buying a home in Cyprus should go easily if you choose an independent lawyer. Nonetheless, these are worth reading.

First, let’s look at some frequent pitfalls:

  1. buying a home on land that is still encumbered by a mortgage or does not have legal title. Despite the fact that the Cypriot government is working hard to prevent this from happening, it is still possible. Your lawyer must conduct thorough due diligence and background investigations on your developer.
  2. Failing to notice the state of your fixtures Although the property is supposed to be sold “as is,” astute developers have been known to swap out more expensive furnishings in the “show home” for more basic ones. Before signing the contract of sale, double-check that everything is in functioning order and that nothing has been substituted!
  3. Failure to comply with the terms of the contract of sale The Contract of Sale must be deposited and stamped by the Land Registry within a certain timeframe, according to Cypriot legislation. If you do not follow this, you will lose key legal rights.
  4. Incorrectly calculating the exchange rate when calculating the total purchase price The value of a currency fluctuates all the time. While this may be OK when buying vacation funds, it might become a major issue if the ultimate price of your property differs dramatically from the time you made your offer. Fixing your rate with a specialized foreign exchange business is an excellent idea.
  5. Rental limitations Non-resident owners who rent their property on a short-term or holiday basis are subject to rigorous regulations in Cyprus. When you apply to the Council of Ministers for approval to acquire, you must state that the property will not be utilized for “commercial purposes.” It’s advisable to seek legal guidance before purchasing property to rent out to the holiday market.

Is there anything else that I should think about?

The costs and considerations don’t end once you’ve finished building your property in Cyprus. To avoid any unpleasant surprises, make sure you calculate in future living and operating costs for your home. Take into account the following:

Taxes – Everyone who owns property in Cyprus, regardless of their status, must pay an annual Immovable Property Tax (IPT). Certain revenues, including pensions, are subject to taxation in Cyprus. Always seek the guidance of a certified tax professional.

Wills – A ‘forced heirship’ clause exists in Cypriot law. So, if you want your property to be handed on to someone who isn’t a part of this arrangement, make a formal will as soon as feasible.

Fix your money – It can be tough to predict your living expenses, especially in the ‘honeymoon period’ following your purchase! Once your costs are more predictable, you can look at exchanging your monthly budgets with a Specialist Foreign Exchange Service on a fixed contract to minimize any market fluctuations.

Preparing for the unforeseeable – Circumstances change in ways that we simply cannot predict. Are you able to return to the United Kingdom if you are needed immediately? Or, if you were left alone, would you be able to cope? It’s critical to think beyond the original property purchase and prepare for unexpected and future events.

Home Insurance – Think about how you’ll use your home in Cyprus (for example, sole occupancy or rental), and make sure you have enough coverage. Long-term vacant properties necessitate particular insurance.

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What are the associated costs?

The cost of buying a home in Cyprus varies depending on whether you are buying a new build or a resale property. As a general rule, you should budget up to 10% of the purchase price. The following is a breakdown of the charges:

VAT (Value Added Tax): This is due at the regular rate of 19 percent for new-build property. It’s frequently included in the purchase price of a property.

Stamp duty ranges from 0.15 percent to 0.20 percent.

Bank fees: This includes the mortgage valuation cost, which you’ll have to pay even if your loan is denied.

Fees for surveyors: While a survey is not required, it is a good idea.

A transfer fee is paid at the time the deeds are transferred to the Land Registry. It is calculated on a sliding scale from 3% to 8% of the purchase price, depending on the property’s value. (It’s worth noting that fees are lower when buying in joint names because the purchase price is split between the two parties.)

Legal Fees: These will vary depending on the property’s value, but a good lawyer is worth the extra money.

How can I get a loan to buy a house in Cyprus?

If you have enough cash to buy your Cypriot home using current finances or a remortgage of your UK home, skip forward to our currency exchange section. If you don’t, you’ll have to think about your borrowing possibilities.

It’s worth noting that only a few banks will issue a UK-based mortgage for a residence located in another country. All of the major UK high street banks offer an overseas service, but you should double-check which countries they cover. While the mortgage may be put up in the United Kingdom, you will be dealing with the bank’s foreign branch once it is completed. Non-residents, on the other hand, are allowed to take out mortgages on Cypriot property from a Cypriot bank; a professional overseas mortgage broker can assist you in finding the best prices.

Mortgages are commonly available in Cyprus, and the terms are comparable to those in the United Kingdom. A deposit of at least 30% is required, and the loan is typically repaid over 15 years, depending on your age.

A property value will be required for all mortgage applications before the loan can be authorized. The greater your deposit, the better your rate will be, however mortgage rates are currently between 3% and 4%.

Keep in mind that borrowing in the same currency as the loan’s repayment is a good idea. Currency swings will not work against you as a result of this. If you’re paying your mortgage with a UK paycheck, for example, borrow in pounds. If you want to finance your purchase by renting out your Cypriot house, you might choose to borrow in euros because that’s what you’ll get paid in.

Who should I contact for assistance with my purchase?

Using a solicitor is the usual in Cyprus because the conveyancing process is remarkably similar to that in the United Kingdom. However, a good independent lawyer who will just work for you and protect your interests is also suggested.

Ascertain that your lawyer has no ties to the agency or developer. Even if your agent recommends a fantastic one that ‘they usually work with,’ be skeptical because there’s a chance they have a financial relationship. One method to get around this is to hire a lawyer first. Check out the AIPP website for a list of Cypriot property lawyers based in the United Kingdom and Cyprus.

Now it’s over to your representative. You might have found one at a property show or online, but it’s still important to do your homework. The Estate Agents Registration Council regulates and licenses estate agents in Cyprus. However, there are still unregistered sales agents working in Cyprus, so make sure your agent is a member of a trade group like the AIPP. This gives you the right to file a complaint with a property ombudsman and receive cash compensation.

A surveyor isn’t required by law, but if you’re buying a property that’s had a lot of work done to it or needs a lot of work done, it’s an excellent way to avoid unpleasant surprises. As a general rule, if you’d commission a survey on a property you’re buying in the United Kingdom, you should do the same in Cyprus.

You may need to purchase foreign currency in order to complete the property, so choose a company that can provide an alternative to your bank. A regulated currency professional can guide you through the procedure, ensuring that your funds are transferred safely, quickly, and expertly, saving you time and money. Finally, if you’re moving your belongings, you might need to hire a moving company. It is important to find an insured company that is a member of an organisation, just as it is in the UK. When transporting your items to Cyprus, specialist overseas removal specialists will guide you through the procedure and advise you on storage, sea transit, and any rules you may be ignorant of.

Are you thinking of selling your Cypriot property? Things to think about!

1. Make sure you have your title deeds — this will instantly improve the property’s appeal to potential purchasers.

2. Choose your agent carefully, and determine if you want to sell with numerous agencies or simply one – the sales commission you pay will be affected.

3. Capital Gains Tax in Cyprus differs from the UK in that you must pay it when you sell your home, even if it is your primary residence.

4. Be realistic about the price you’re asking, especially if the area has a lot of similar houses for sale.

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