The Advantages of Buying Cheap Property: Why You Should Consider It When it comes to investing in property, many people assume that bigger is better. But the truth is, buying cheap property can have its own advantages, especially for those who are just starting out in the real estate market. Here are some of the key benefits of buying cheap property: Lower Entry Costs: Perhaps the most obvious...

Turkish Republic Northern Cyprus (TRNC) government is proposing to increase property taxes on foreign real estate investors to 12% as a result of a surge in property prices and foreign investors in the country. The proposal, however, has faced resistance from the real estate industry, which argues that the tax hike would hurt the local economy. At the same time, the government is also facing a growing...

Why buy property and retire in Lapta? Lapta, located in Northern Cyprus, is a popular destination for retirees and investors due to its relaxed Mediterranean lifestyle, scenic coastline, and friendly local community. The following are some of the reasons why Lapta may be a good place to retire and invest: Natural beauty: Lapta is surrounded by stunning coastline and rolling hills,...

Whats the best places to buy property & live in Northern Cyprus? Top 3 City living in Northern Cyprus Whats the best places to live and buy property in Northern Cyprus? Top 3 City. People considering moving and living in Northern Cyprus often ask the question, where’s the best place to buy or build a home in Northern Cyprus. The attractions of living in the Turkish Republic of...

Banks in North Cyprus In the Turkish Republic of Northern Cyprus, there are numerous banks. international banking units, public banks, private banks, and foreign banks. Simply present your passport and a copy of your rental or purchase contract to open a bank account in Cyprus. Banks in North Cyprus   List of Banks in North Cyprus All banks, including foreign bank branches, private banks, and...

Mobile Telephone Operators in North Cyprus Turkcell Mobile Operator Mobile Telephone Operators in North Cyprus There are two mobile service providers in North Cyprus. The first is KKTCell (Kuzey Kbrs Turkcell), commonly referred to as Turkcell but with parent business headquarters in Turkey. Then there’s Telsim which is now owned in part by Vodafone. Typically, mobile numbers begin...

Buying Property in Northern Cyprus Legal Regulations Buying Property in Northern Cyprus Foreigners who consider buying property in Northern Cyprus; They can buy 1 residence, 1 acre of land or 1 residence built on 5 acres of land. Until recently, married couples were treated as one person and accordingly, their right to purchase was limited to only one immovable property. According to the new...

North Cyprus real estate sales surge %100 as property investors Russians, Iranians & Germans snap up property North Cyprus real estate Russians North Cyprus’s red-hot property market surged in the 3rd quarter of the year as investors piled in, with Russians among the top five buyers as Northern Cyprus benefits from an influx of wealth in the wake of Western sanctions. The first half...

Luxury Property Specialists, Select Estates have announced joint marketing agreement to present reputable builders' projects to potential buyers, at fair prices. The move comes as a response to the growing number of unlicensed agents who have been selling overpriced projects for unreliable builders. Licenced local based estate agents are cautious of a group of unlicensed and inexperienced individuals...

Is it safe to buy property in Northern Cyprus?That’s the common question people ask who don’t know North Cyprus History and its political situation. And the answer to this question is “yes!”.There has been a lot of misleading information in the media lately by the Greek Cypriots international lobby that would have you believe that land and property in Northern Cyprus is potentially subject to a...