OUR NEWS & ABOUT CYPRUSConstantly updated

Finding Your Dream Home in Girne is Now Easier Than Ever!

Are you looking for property for sale in cyprus ? Meet the Most Trusted Real Estate Agent in North Cyprus!

List cyprus homes

Trusted by 3K+ people
around the globe

Cyprus local real estates seller agents

Welcome to Cyprus Local

If you are living in Cyprus, moving to Cyprus, thinking about moving here, or just looking for information about Cyprus before coming on holiday, then look no further, here on Cyprus Local you will find everything you need all in one place!

1. Wide International Network and Local Connections

Cyprus Local, as a prominent local company in the sector in Northern Cyprus, also makes a difference in international real estate services. With its years of experience, wide customer network and modern approaches, Cyprus Local is a reliable business partner for both local and global investors. Here are the main features that Cyprus Local provides at an international level

2. Cultural Awareness and Special Approaches to Investors

Cyprus Local specialises in adapting to the cultural expectations and business practices of investors and buyers from different countries. Operating in a multicultural region such as Cyprus, it is able to accurately meet the needs of its clients in terms of language, cultural norms and business traditions.

3. Expertise in Local Law and Regulatory Information

Cyprus Local, which has expertise in the real estate purchasing process in Northern Cyprus, seamlessly manages the property acquisition processes of foreign investors in the region. The professional consultancy service it provides regarding foreign property rights, tax regulations and legal processes enables customers to make safe and fast transactions.

4. Correct Pricing and Market Analysis

Cyprus Local always offers its customers the right pricing by conducting in-depth analyses of the Cyprus real estate market. The company closely follows real estate trends in the region, helps its customers find properties that fit their budgets, while also determining the most accurate sales price for sellers. It provides high-accuracy guidance for investors in property valuation and investment return calculations.

5. Multilingual Service and Global Communication Ability

Cyprus Local has a professional team that can provide services in different languages. The high quality communication service it provides, especially in languages ​​such as English, Turkish and Russian, facilitates the transactions of international customers. Correct translation of documents and clear agreements are important factors in gaining the trust of customers.

6. Digital Asset and Technological Infrastructure

Cyprus Local has a strong presence on digital platforms. Its comprehensive and user-friendly website speeds up the property search and inspection process, while saving customers time with modern solutions such as virtual tours and 3D property models. It also reaches a wide international clientele through its social media and digital advertising strategies.

7. Customer-Focused Service Approach

Cyprus Local offers personalized service according to the specific needs of each customer. Whether it is a family buying a home for the first time or a large-scale investor, the expectations of each customer are taken into consideration and the most appropriate solutions are provided to them. The company aims to strengthen long-term business relationships by providing full support to its customers after the sale.

8. Mastering Local and Global Trends

The rapidly growing real estate sector in Northern Cyprus is closely followed by Cyprus Local. The company offers its clients the best investment opportunities by taking into account not only local but also global real estate trends. Being informed about developments in areas such as the tourism sector, university investments and regional development projects offers its clients the opportunity to make the right investment at the right time.

9. Investment Consulting and Strategic Guidance

Cyprus Local not only finds real estate for investors, but also provides long-term investment consultancy services. It offers strategic guidance based on rental yields in the region, investment return rates and developments in the real estate sector. Financial consultancy services are also available for customers to evaluate their investments in the most efficient way.

Properties For Sale in Northern Cyprus

GAZİMAĞUSA, GİRNE, GÜZELYURT, İSKELE, LEFKE, LEFKOŞA

Generated by wpDataTables

Sustainability and Environmental Awareness

Cyprus Local is a company that prioritizes environmentally friendly projects in Cyprus. It offers its customers different options in terms of sustainable construction projects, energy efficient buildings and living spaces that are in harmony with nature. This approach attracts the attention of environmentally sensitive investors and offers projects that are in line with the requirements of modern life.

Cyprus Local is a company that has adopted the principle of contributing to local communities. Its active participation in social responsibility projects and support for local development increase the company’s reliability both internationally and locally.

Resilience and Crisis Management

Cyprus Local, which can quickly adapt to economic and political changes that may arise while doing business in Cyprus, always offers its customers the most up-to-date and flexible solutions. This flexibility ensures that business processes are not affected even during international crises and the company offers its customers a safe haven.

Can UK citizens buy property in Northern Cyprus?

Yes, UK citizens can legally purchase property in Northern Cyprus. However, there are certain restrictions on the amount of land foreign nationals can own. UK citizens can buy up to one donum (about 1,338 square meters) of land for residential purposes. To purchase larger plots of land or multiple properties, buyers often set up a Northern Cyprus-registered company, which can hold additional property.

UK citizens can buy a wide range of properties, including:

  • Villas: Ideal for those seeking privacy and outdoor space.
  • Apartments: Popular in towns and tourist areas like Kyrenia and Famagusta.
  • Townhouses: Typically located in residential areas, often part of a larger development.
  • Land: For those looking to build their own home or invest in future development.

Property prices in Northern Cyprus are typically more affordable than in other Mediterranean countries. Prices vary depending on the location, size, and type of property. For example:

  • A two-bedroom apartment can range from £50,000 to £120,000.
  • A detached villa near the coast could cost between £150,000 and £350,000.
  • Land can cost around £50,000 per donum, depending on location.

Yes, there can be legal complexities when purchasing property in Northern Cyprus, particularly regarding land ownership before 1974. Some properties in Northern Cyprus may be on land that was originally owned by Greek Cypriots before the division of the island in 1974. It’s essential to conduct thorough due diligence with a qualified lawyer who specializes in Cypriot property law to ensure that the property has clear legal title.

There are three main types of property titles in Northern Cyprus:

  • Turkish Freehold Title: Considered the safest and most straightforward type of title.
  • Pre-1974 Turkish Cypriot Title: Property owned by Turkish Cypriots before 1974.
  • Exchange or TRNC Title: Property allocated to Turkish Cypriots or Turkish settlers after the 1974 division.

The legal process for buying property in Northern Cyprus involves several steps:

  1. Find a property: Work with a reputable estate agent and ensure that the property has clear legal title.
  2. Hire a solicitor: A lawyer who specializes in property transactions will guide you through the legalities and handle the paperwork.
  3. Sign a purchase contract: Once both parties agree on the terms, the buyer signs the contract and pays a deposit (typically 10-30% of the purchase price).
  4. Apply for purchase permission: Foreign buyers must apply for permission from the Council of Ministers, which typically takes around 3-6 months.
  5. Transfer of title deed: After receiving approval, the title deed is transferred to the buyer, and the remaining balance is paid.

When purchasing property in Northern Cyprus, there are several taxes and fees to consider:

  • Stamp Duty: 0.5% of the purchase price, paid when signing the contract.
  • VAT: Typically 5% for new properties, though resale properties may be exempt.
  • Transfer Fee: This fee varies depending on the type of title and property, ranging from 3% to 6% of the property’s value.
  • Solicitor’s Fee: Around £1,000 to £2,000, depending on the complexity of the transaction.
  • Agency Fee: Real estate agents typically charge a fee of 3-5% of the purchase price.

Yes, UK citizens can obtain a mortgage to finance their property purchase in Northern Cyprus. There are several options:

  • Turkish Cypriot banks offer mortgages to foreign buyers, typically requiring a deposit of 30-40% of the property’s value.
  • UK-based lenders may offer international mortgages for properties in Cyprus, though interest rates and terms can vary.
  • Alternatively, buyers may choose to finance the purchase through a developer’s payment plan, which is common for off-plan properties.

Buying property in Northern Cyprus is generally safe, provided that proper legal procedures are followed. It is crucial to work with a reputable real estate agent and hire an independent solicitor to ensure that the property has clear legal title and there are no disputes. The TRNC government has made efforts to streamline the property buying process for foreign nationals, and many UK citizens have successfully purchased homes in the region.

UK citizens who purchase property in Northern Cyprus are eligible to apply for temporary residency, which is relatively easy to obtain. The process involves submitting a residency application, proof of ownership of the property, and evidence of financial stability.

Initially, residency is granted for one year, with the possibility of renewal. After several years of continuous residence, foreign nationals may apply for permanent residency. Owning property in Northern Cyprus does not automatically grant citizenship, but residency makes it easier to stay long-term.

Yes, UK citizens can rent out their property in Northern Cyprus, either on a long-term or short-term basis. Rental income is subject to tax at a flat rate of 10%, but rental yields are generally high due to the demand from tourists and expatriates.

Many UK property owners choose to rent their homes to holidaymakers during the summer months, while others opt for long-term leases to local residents or international students studying at Northern Cyprus’ universities. Airbnb and other online platforms are popular ways to rent out properties, and many property management companies offer services to help owners manage their rentals.

Yes, many experts believe that now is a good time to invest in Northern Cyprus. The real estate market in Northern Cyprus has experienced steady growth, and property prices remain affordable compared to other Mediterranean destinations. As tourism and infrastructure continue to develop, property values are expected to rise, making Northern Cyprus an appealing option for both short-term and long-term investment.

Additionally, Northern Cyprus has seen increasing interest from foreign buyers, particularly from the UK, Russia, Scandinavia, and the Middle East. This trend is likely to continue, particularly as more people seek affordable Mediterranean homes and holiday properties.

Popular areas for UK citizens to buy property in Northern Cyprus include:

  • Kyrenia (Girne): A coastal town known for its harbor, historic sites, and vibrant expatriate community.
  • Famagusta (Gazimağusa): Known for its ancient ruins and beautiful beaches.
  • Iskele: A rapidly developing area with a mix of affordable properties and high-end developments.
  • Nicosia (Lefkoşa): The capital city, ideal for those seeking urban living and proximity to amenities.

Each area offers unique benefits depending on what type of property and lifestyle the buyer is seeking.

Yes, Russian citizens can legally purchase property in Northern Cyprus. However, there are certain restrictions on the size of land that foreigners can own. Russian citizens can buy up to one donum (approximately 1,338 square meters) of land for residential purposes. If you wish to buy larger plots or multiple properties, you may need to establish a Northern Cyprus-registered company to hold the properties.

Russian citizens can buy a variety of properties, including:

  • Luxury villas: Typically located along the coast or in residential areas.
  • Apartments: Popular in towns such as Kyrenia, Famagusta, and Iskele.
  • Townhouses: Ideal for those seeking proximity to local amenities.
  • Land: Suitable for those looking to build their dream home or invest in future developments.

There can be legal complexities when purchasing property in Northern Cyprus, particularly due to land ownership disputes from before 1974. Some properties are on land previously owned by Greek Cypriots, which may lead to complications. It’s essential to work with a qualified lawyer who specializes in Northern Cyprus property law to verify that the property has clear legal title.

There are three main types of property titles:

  • Turkish Freehold Title: Considered the safest and most straightforward type.
  • Pre-1974 Turkish Cypriot Title: Property owned by Turkish Cypriots before 1974.
  • TRNC or Exchange Title: Property allocated to Turkish Cypriots or Turkish settlers after 1974.

Yes, Russian citizens can obtain mortgages in Northern Cyprus. Some local banks offer mortgages for foreign buyers, usually requiring a deposit of 30-40% of the property’s value. Alternatively, developers often provide flexible payment plans, especially for off-plan properties. Some international banks may also offer financing, but terms and interest rates will vary.

Yes, buying property in Northern Cyprus is generally safe, provided that you conduct proper legal due diligence. It is critical to hire an independent solicitor to verify that the property has a clear and secure title. The TRNC government has implemented measures to streamline property transactions for foreign buyers, ensuring that the process is both safe and transparent.

Russian citizens who purchase property in Northern Cyprus can apply for temporary residency, which allows them to stay in the country for an extended period. To apply for temporary residency, you will need to provide proof of property ownership, proof of sufficient financial means, and a clean criminal record.

Temporary residency is typically granted for one year and can be renewed annually. After several years of residency, it may be possible to apply for permanent residency. Owning property does not automatically grant citizenship, but residency makes it easier to live and travel within Northern Cyprus.

Yes, Russian citizens can rent out their properties in Northern Cyprus. Renting out a property can be a lucrative investment, especially in tourist areas like Kyrenia and Famagusta. Rental yields are generally high due to demand from both tourists and expatriates.

Rental income is subject to a flat tax rate of 10%, but this can vary depending on local laws and tax treaties between Russia and Cyprus. Many property owners use platforms like Airbnb or local rental agencies to market their properties to short-term or long-term renters.

Yes, now is considered a good time for Russian citizens to invest in property in Northern Cyprus. Property prices are still relatively affordable compared to other Mediterranean destinations, and the demand for property from foreign buyers is steadily increasing. The growing tourism industry, combined with infrastructure development and increasing foreign interest, makes Northern Cyprus a favorable market for property investment.

In addition, Northern Cyprus offers excellent rental income potential and long-term appreciation, particularly in popular areas like Kyrenia and Iskele. Many experts predict that property values will continue to rise in the coming years, making it a sound investment for Russian buyers.

Some of the most popular areas for Russian citizens to buy property in Northern Cyprus include:

  • Kyrenia (Girne): Known for its picturesque harbor, vibrant nightlife, and stunning views of the Mediterranean Sea.
  • Famagusta (Gazimağusa): A historic city with beautiful beaches and a growing tourism sector.
  • Iskele: A fast-developing area with affordable land and modern developments, ideal for investment.
  • Nicosia (Lefkoşa): The capital city offers a mix of urban living and cultural heritage, suitable for those seeking a more cosmopolitan environment.

Each of these areas offers different advantages, depending on whether you are seeking a holiday home, rental property, or a long-term residence.

Yes, Chinese citizens can legally buy property in Northern Cyprus. Foreigners, including Chinese citizens, are allowed to purchase one donum of land (approximately 1,338 square meters) for residential use. If you want to buy larger plots of land or multiple properties, setting up a local company may allow you to own more land.

Chinese citizens can buy a wide variety of properties, including:

  • Apartments: Popular in urban areas and coastal towns such as Kyrenia and Famagusta.
  • Villas: Often sought after for their privacy and stunning sea views.
  • Land: For those looking to develop property or invest in future developments.
  • Commercial properties: Ideal for those looking to set up a business in Cyprus.

The legal process for buying property in Northern Cyprus includes the following steps:

  1. Select a property: Work with a reputable real estate agent to find a property that meets your needs.
  2. Hire a solicitor: Engage a lawyer to handle the legal aspects, ensuring the title is clear.
  3. Sign a contract: Once you agree on the price, a purchase contract is signed, and a deposit (usually 10-30%) is paid.
  4. Apply for permission: Foreign buyers must apply for permission to purchase from the Council of Ministers, which can take 3-6 months.
  5. Transfer the title: Once permission is granted, the title deed is transferred, and the balance is paid.

Yes, Chinese citizens can apply for a mortgage to finance their property purchase in Northern Cyprus. Several local banks offer mortgages to foreign buyers, usually requiring a 30-40% deposit. Some developers also offer financing options, particularly for off-plan properties. It’s also possible to apply for international mortgages from banks outside of Cyprus, though these can have different interest rates and terms.

Yes, buying property in Northern Cyprus is generally safe as long as you follow the correct legal procedures. It is essential to work with a trustworthy solicitor and a reputable real estate agent. Ensuring that the property has a clear legal title is crucial, as there have been instances of property disputes related to land ownership from before 1974.

Yes, Chinese citizens can rent out their property in Northern Cyprus. Many property owners choose to rent out their homes to tourists or long-term tenants, especially in popular coastal areas like Kyrenia and Iskele. Rental income is subject to a flat 10% tax in Northern Cyprus. Short-term holiday rentals can be lucrative, especially during the tourist season, and platforms like Airbnb are widely used.

Yes, purchasing property in Northern Cyprus allows Chinese citizens to apply for temporary residency. The process is relatively straightforward and requires you to provide proof of ownership, a clean criminal record, and evidence of sufficient financial means. Initially, residency is granted for one year, with the option to renew annually. After several years of continuous residence, it may be possible to apply for permanent residency.

Popular areas for Chinese buyers include:

  • Kyrenia (Girne): Known for its historic harbor, beautiful beaches, and vibrant expatriate community.
  • Famagusta (Gazimağusa): Offers a mix of modern amenities and rich cultural history.
  • Iskele: A developing area with affordable properties and growing tourism infrastructure.
  • Nicosia (Lefkoşa): The capital city, which provides urban living and access to commercial opportunities.

Each area offers different benefits, depending on whether you are looking for a holiday home, an investment property, or a permanent residence.

Yes, now is considered an excellent time to invest in property in Northern Cyprus. Property prices are still affordable compared to other Mediterranean destinations, and the growing tourism industry and infrastructure development are expected to drive property values up in the coming years. Many experts believe that Northern Cyprus offers excellent opportunities for long-term investment, particularly in areas like Kyrenia and Iskele.

When purchasing property, you will need to provide the following documents:

  • Passport copy.
  • Proof of address (such as a utility bill).
  • Proof of income or financial stability.
  • Bank account details.
  • Clean criminal record. Your solicitor will help guide you through the specific requirements and ensure that all documentation is properly submitted.

Yes, it is possible to resell property in Northern Cyprus. However, if you plan to sell your property, keep in mind that there may be capital gains tax applied to the sale. Property in Northern Cyprus has historically appreciated in value, making it an attractive option for long-term investments. The resale market is growing, especially in tourist-heavy areas.