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English translation German translation - Deutsche Übersetzung French translation - Traduction française Italian translation - Traduzione italiana Spanish translation - Traducción española Portuguese translation - Tradução portuguese Chinese translation - 中国翻译 Japanese translation - 日本翻訳 Korean translation - 한국 번역 Arabic translation - الترجمه العربيه

land for sale northern cyprus

Welcome to land for sale northern cyprus information and resources

Whatever form of Cyprus property investment you are looking from, from villas and apartments to fly-to-let, you'll find it here.

We have found everything you need to know about investing in Cyprus properties, whether it is in Paphos (or Pafos as the Cypriots call it), Limassol, Kyrenia, Nicosia, Ayia Napa, or even Northern Cyprus.


A notable British presence remains to this day and Cyprus has become home to a large expat community (estimated at around 50,000), while British tourist trade accounts for the overwhelming majority of the country's tourism income. A look at the Cypriot climate and its easy to see the attraction: average temperatures only dip below 70F (21C) between November and Apriland the country can boast on average 300 days of sunshine per year. So how much property do you get for your money? About 130,000 Cyprus Pounds (EUR224,000, GBP154,000) will buy you a detached three bedroom dwelling, although expect to pay more to get near the beach. In the north, the equivalent property can be picked up for around CYP90,000, and prices here are rising fast, albeit from a low base. However, there are significant risks attached to buying in the North. Compared to many other countries purchasing property in Cyprus by foreigners is relatively simple. Non Cypriots are permitted to purchase (for their personal use) either: an apartment, a house or a villa on a site, a piece of land. The maximum allowed area is 4,013 square meters (an equivalent of 43,195 square feet) Permission to transfer the property bought to the non-Cypriot's name must be sought from the Cyprus Council of Ministers. However this is granted more or less as a matter of course to all bona fide purchasers. In the meantime, purchasers may take possession of the property without restriction.

The first step in buying a Cyprus property is to find what is available. As you probably know, real estate in this country is becoming more and more popular as the days go by. The reason for this is quite simple. Not only is this a beautiful part of the world to live in, but the same holds true for tourists as well. For this reason, there are a lot of people looking into Cyprus property as a second home. This will give them a great place to visit each and every time that they want to get away.

So, if the time is right for you to invest in foreign property, the time is right to invest in Northern Cyprus property developments, before prices rise to south Cyprus levels.

There are a number of taxes that are associated with the purchase of property in Cyprus. Real Estate Transfer Tax. This is necessary to transfer the freehold into the name of the buyer and is levied on a progressive scale starting at 5% up to CYP10,000 increasing in five steps up to a maximum of 8% above CYP75,000. For residents there is an Immovable Property Tax based on the value of the property at a rate of 0.2% between CYP100,000 and CYP250,000; 0.3% up to CYP500,000; and 0.35% over CYP500,000. The first CYP100,000 is exempt. The buyer is also liable for stamp duty. This is charged at a rate of 0.15% on the first CYP100,000, and 0.2% above this threshold. Depending on the size of the property, local authority taxes range from 0.1% to 0.5% per annum to cover refuse collection, sewerage, street lighting etc. Transfer of ownership from vendor to purchaser is undertaken by a simple procedure through the Cyprus Land Registry Office, either by the buyer in person or by appointing a third party (i.e. a Licensed Estate Agent ) with a Power of Attorney.

Finally, there are other rental properties in Cyprus that you may want to consider. Remember, buying is not the right choice for everybody. You may want to look into Cyprus properties that you can rent if you do not have the time, money, or patience to go through the buying process.

There are many properties in Cyprus for you to choose from. You can buy on your own, or with the help of a Cyprus real estate agent; the choice is yours.

Cyprus property developer numbers have increased dramatically over the last five years as the demand for apartments and villas continues to outstrip the supply. As always property or real estate as it is also known remains a solid long term investment traditionally yielding returns far in excess of money in the bank. Holiday property is the latest boom market and many a property developer in Cyprus has grown wealthy on the back of this fast paced market. This is good news for the would be Cyprus property purchaser looking for either an apartment or a luxury Cyprus apartment.

If you have never visited the Island paradise of Cyprus you have been missing out on a great holiday destination. The people are friendly to a fault and the weather is perfect for outdoor life like bathing or water sports. There is a rich culture and history that dates back thousands of years so you will never be short of places of interest to visit whilst there. So be our guest and take a look at all that Cyprus has to offer both as a holiday Island and a brilliant property investment opportunity. Enjoy Cyprus and your luxury Cyprus apartment.

There are a couple of important issues you should be aware of however before you dive in and part with your life savings. Firstly, all the properties within a development must remain unaltered until the land office has issued the separate title deeds. In other words any extensions or immovable structures that were not on the original plans before the Cyprus developer started construction of the property could jeopardize the title deeds for every property on the development. This could even include such things as barbecue areas and pergolas with solid cover such as planking or tiles so it's worth keeping an eye on what your neighbours are up to.

The third major area of property developments in Northern Cyprus centres on the town of Bafra, north of Bogaz. Positioned just as the start of the Karpaz Peninsula, development here has been spearheaded by the Kaya Artemis Resort Hotel. This giant reproduction of the Temple of Artemis at Ephesus is a landmark five-star resort and casino, offering a massive 2,400 bed capacity for international conferences and holidaymakers.

A villa in Paphos makes excellent financial sense not just in terms of capital growth but also as a strong rental investment. Returns on investment in the expanding holiday rental market are showing excellent growth and the market looks set to keep growing apace for some considerable time yet.

Already the ripple effect from this major investment is being felt throughout the Bafra region. The Thalassa Beach Resort at Bafra is being heavily marketed by one of the UK's top estate agents, Savills, and aims to cater for the luxury end of the North Cyprus property market, a sure sign of confidence in the area's future growth and stability. Advanta Investment's Bafra Beach Resort offers stylish apartments in elegantly designed blocks right next to the Artemis Resort itself, so rental clients are close to facilities without paying the resort prices.



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