Why should a foreigner buy property in North Cyprus? Whether you are seeking a place to spend extended summer vacations or retire to North Cyprus, the attractiveness of Cyprus' Mediterranean climate and golden beaches make it an appealing second home for foreigners. Purchasing property in North Cyprus necessitates meticulous planning to ensure that everything goes properly and that any possible hazards...
How can I buy property in North Cyprus? The Mediterranean Sea is the world's favorite vacation spot, but for some, a vacation is not enough, and they would rather settle down and make it a permanent vacation. For starters, housing costs in North Cyprus are significantly lower than everywhere else in the Mediterranean. When compared to Southern Cyprus or Spain, you can buy a property for half the price and...
What are the top benefits of owning North Cyprus property? There are numerous advantages to buying property in North Cyprus as an investment. Few among them include; foreign residents have access to a property market that is tailored to their needs, real estate investment in North Cyprus can lead to obtaining legal residency, property taxes are extremely inexpensive, there is a sizable...
Are there risks associated with buying North Cyprus property? Buying a property in North Cyprus used to be a risky business, but there have been significant legal changes to the Construction Business regulations, making it a safe area to buy now. The new "Estate Agents Bill" protects the buyer by requiring that the contract of sale be registered with the North Cyprus property registry within 21 days after...
How long does the North Cyprus property buying process take? Property sales in North Cyprus can be accomplished in a short period of time. Expect a two-stage (exchange and completion) process similar to that in the United Kingdom. Property acquisition is a one-step process. The money is released to the vendor the same day you sign the contract. Buying a used house takes only two or three weeks if a cash...
Property insurance in North Cyprus Whether your property in North Cyprus is your main residence or a vacation home, adequate home insurance is a necessity. Choosing the correct insurance company for a foreign home, on the other hand, does not mean you have to forego the safety of the UK insurance system. Dealing with a UK-based agency guarantees that all of your policy documents are written in English and...
Purchasing a Property in North Cyprus Buying a property in another country may be exciting, but it can also be quite frightening. Noyanlar Group of Companies is here to make the experience pleasurable, safe, and well-informed. The process begins with you exploring properties over the internet from the comfort of your own home, finding a property that you are interested in, and sending the crucial first...
