Property in North Cyprus

Why North Cyprus?

• Foreign buyer allowance — A foreign national may acquire one residence; land up to 1 dönüm, a detached house within 2.5 dönüm (2024 amendment).
• Transfer tax — Transfer tax for foreign buyers is 9% (first 6% when the contract is registered); stamp duty 0.5%; 5% VAT on new homes.
• Clear title type — Turkish title, equivalent title and allocation title differ legally; we state the type on each listing. For foreign (Greek-Cypriot) title a lawyer is essential.
• Currency — Listings are mostly priced in pounds sterling (GBP); the official currency is the Turkish lira.

Featured listings

• A Paradise in the Heart of TRNC, Studio Flats for Sale in Caesar Resort & Spa — 118,455 GBP
• A Magnificent Town in the TRNC: Luxury 5+1 in Çatalköy Villas — 934,000 GBP
• TRNC, Yeni Iskele – Studio Apartment in Grand Sapphire Resort & Residences — 144,900 GBP
• Girne, Alsancak – Mediterra Projesi’nden 2+1 Satılık Daireler — 363,000 GBP
• TRNC, Esentepe – 1+1 Apartment for Sale with a Terrace or Garden by Aqua Blue Project — 258,500 GBP
• Flats for Sale in TRNC from Querencia Long Beach Project — 230,000 GBP
• Coastal Heaven Sealife Project, 1+1 Apartment for Sale in Lefke, Gaziveren, TRNC — 104,000 GBP
• Coastal Heaven Nova Project, 1+0 Apartment for Sale in Lefke, Gaziveren, TRNC — 47,000 GBP
• TRNC, 1+0 Apartment for Sale in the Gateway Homes Project in Geçitkale — 50,000 GBP
• TRNC, Geçitkale, Gateway Homes Project, 1+1 Apartment for Sale — 74,500 GBP
• 2+1 Apartment for Sale in the Four Seasons Life 3 Project, Iskele, Northern Cyprus — 252,000 GBP
• Coastal Heaven Sealife Project, 1+0 Apartment for Sale in Lefke, Gaziveren, TRNC — 64,000 GBP

All listings (36)

Residence and visa programme

Residence permit (property)

• Current conditions for property-based residence are not verified with an official source; no threshold is given — advisor confirmation required.

Purchase costs

• Transfer tax (foreign buyer) — %9 (estimated (secondary source))
• Stamp duty — %0.5 (estimated (secondary source))
• VAT (new build) — %5
• Lawyer fee (+16% VAT) (estimated (secondary source))

Buying process

1. Needs and budget call — Clarify your goal (investment, residence, holiday home, relocation), budget and preferred area with our advisor.
2. Shortlist and viewing — View shortlisted properties in person or by video tour.
3. Sales contract registered at the Land Office — The contract is registered at the Land Registry; the first 6% of transfer tax is paid at this stage.
4. Purchase permit (PTP) — Foreign buyers need Council of Ministers / Interior Ministry approval; after publication taxes and fees are due within 60 working days.
5. Transfer and handover — An independent local lawyer should check title and contract before signing.

Frequently asked questions

How many homes can a foreigner buy?

Under the 2024 amendment a foreign national may acquire one residence (Turkish citizens three). Excess properties must be sold within a set period.

What do the title deed types mean?

Turkish title: pre-1974 Turkish-Cypriot property; equivalent title: granted in exchange for property left in the south; allocation title: state allocated. We state the type and recommend a lawyer’s check.

Can I get residence by buying property?

We have not yet verified the current conditions for property-based residence from an official source, so we give no threshold. Our advisor will confirm current conditions in writing.