North Cyprus is known for its natural beauty and has impressive natural attractions and tourist attractions. North Cyprus is one of the best-selling holiday destinations, especially for Europeans. The island has more than 300 days of sunshine and a very friendly population that speaks enough English to communicate with tourists.

During my research on buying my own villa in North Cyprus, I considered a few things before buying my property in North Cyprus. You must understand that buying real estate abroad is not very simple and you must have a neat and good plan. The first thing you need to do is familiarize yourself with real estate North Cyprus.

North Cyprus Real Estate

There are many North Cyprus real estate tips that you should know before you buy the property or invest in this wonderful country. You should take some time to research real estate in North Cyprus to be better prepared for it. Buying real estate anywhere is very complicated and confusing, especially if you don't have the experience and knowledge, and even worse if you are abroad.

North Cyprus Real Estate Market

Real estate in North Cyprus is growing and becoming more and more popular. As demand increases, it's important to plan ahead to get the best rate for your property; the price of these properties will also increase. This was especially evident after North Cyprus became a member of the European Union. Since then, North Cyprus has been the best choice for investors and vacationers due to its plethora of attractions and beauty, as well as endless possibilities for investment income.

Buying property in North Cyprus

There are some restrictions for non-EU property investors in North Cyprus, international buyers from non-EU countries must obtain permission from the Council of Ministers before continuing to buy. Consideration of an application for the purchase of real estate can take 2-3 months and must be accompanied by documents such as a bank statement, a clear sentence, and a contract for the purchase of the property, indicating financial stability.

Types of Property Deeds

There are two different things you need to know in North Cyprus: free and for rent. The difference is that in the leasehold regulation, the buyer owns the property only for a specific period of time. Always check with your real estate agent, developer, and finally your attorney to determine if your property is vacant.

North Cyprus is really not only a great place to live, retire and relax, but also a great place to invest. As a result, the rush to invest in premiums and real estate in this country is clearly visible. Note that it is best to seek the services of a Cypriot real estate agent to avoid all disputes and get advice on the right investments that can bring good returns in the future.