Frequently Asked Questions
Question about selling
At present non Turkish Cypriots cannot own more than one donum of land per individual or married couple in their own names.
In most areas you are only allowed to build on 20% of the land and only 2 stories high (these figure vary from area to area). What this means in practice is that on the ground floor you can have a covered area of 10% and on the 1st floor a covered area of 10%. A basement is not included in these calculations.
It is important to understand the concept of covered area. Simply put, it is any area that is covered, so any inside room, or the area under a balcony counts as covered area. The reason that this is important is that once the property has been built it requires a final approval and it is at this stage that the covered area is measured and must be within the legal requirements i.e. no more that 20% of the plot size. So if you are taken to a villa and you want to add another room or a garage then you will not be allowed to build this as the original builder of your property will almost certainly have used up all of the permissible covered area. Of course swimming pools and patios do not count as covered area.
1 Donum is equavelent of 1338 m2 in North Cyprus
1 Donum: 4 Evlek
1 Donum: 1.338 m²
1 Donum: 14.400 ft²
1 Evlek: 334.5 m²
1 Evlek: 3600 ft²
1 m²: 10.76 ft²
Current value of homes in North Cyprus near sea is gaining value yearly about %20 due to its huge popularity and limited lands of the island. This value gaining is rere any part of the world.
When you rent or buy a property, you have right to apply for resident permit. We are giving you consultation for how to get resident permit fast. When you have a problem, our advocates always be with you to assist you
Old homes are always valued and desired less than new homes. But hey, its about half the price and still gains value every year due to popularity of Norther Cyprus properties
Broker is the bridge of Buyer and Seller
For sure you can. We are giving free education about how to buy and manage properties in Norther Cyprus. We are glad to have you in our offices
It depends of the loan tipes. In order to learn about how to get loans from Cypriot banks, visit us. We have comprehensive education about credit application in North Cyprus
Question about renting
For sure you can
In North Cyprus, you can get your rent in Euro, US Dollars, British Pound or Local Lira. The choice isy ours. North Cyprus is international country with full of foreigners, so its very common and accepted the most used currencies
Yes, we are giving property management services. You can give us your home’s management to us, we take care of your home’s security, maintenance, find tenants for you, send you the rental money in your preferred way.
Last 2 years, finding a rental home near Famagusta and Iskele cities are challenge because of huge demand from tourists and people who want to study in North Cyprus.
Buyying from the project and selling when the building is complated is very popular since there are up to %50 profit. Both from yearly valuation of thee properties and complated propery is more valued than unfinished ones. So, it is a fast way of making profit. With rental, comparingly less but steady profit.