مباحثی که در ذیل به شرح آن می پردازیم:
The island of Cyprus is located in the northeast of the Mediterranean Sea and has become one of the popular investment and tourism destinations due to its geographical location, mild climate, and affordable living costs. Migration to Northern Cyprus It has grown a lot, and the purchase of property has also increased in this beautiful island.
One of the important factors in investing in Cyprus real estate is knowing the types of ownership documents in this country. In this article, we will introduce the types of ownership documents in North Cyprus and the advantages and disadvantages of each. At the end of the article, we will give interesting tips about buying property in North Cyprus, so don’t miss it, stay with us.
Types of property ownership documents in North Cyprus
In Northern Cyprus, there are three types of ownership documents, which are:
- Turkish Title
- Exchange property document
- Tahsis
Turkish property document
The Turkish title deed is the most common type of title deed in Northern Cyprus. This document is issued by the Turkish Cypriot government and grants its owners all ownership rights to the property. The Turkish property document is an international document and will remain valid if the disputes between North and South Cyprus are resolved. In the following, we will explain the advantages and disadvantages of this document in a table.
Advantages | Disadvantages |
Granting all ownership rights to the property | Higher price than other types of documents |
It is an international document | Possibility of limited property selection |
It has high credit | ______________________ |
Exchange property document
An exchange property document is issued to people who lost their property in South Cyprus and moved to North Cyprus during the partition of Cyprus in 1974. This document grants its owners all ownership rights over the property. In the following, we will explain the advantages and disadvantages of this document in a table. Stay with us.
Advantages | Disadvantages |
Granting all ownership rights to the property | Possibility of limited property selection |
Lower price than other types of documents | _________________ |
Tahsis
The ownership certificate is issued to people who were transferred to Northern Cyprus as soldiers or civilians during the 1974 war. This document grants its owners ownership rights to the property, but these rights are more limited than the ownership rights of the owners of Turkish real estate documents. For example, title deed owners cannot inherit their property or sell it to another foreigner. In the following, we will explain the advantages and disadvantages of this document in a table. Stay with us.
Advantages | Disadvantages |
The possibility of buying property for people who were transferred to Northern Cyprus during the 1974 war | Limited property rights |
Lower price than other types of documents | _________________ |
In the following, we will answer an important question about the types of real estate documents in North Cyprus
Do property documents in North Cyprus cost each one?
Yes, property deeds in North Cyprus each have a fee. The cost of issuing a Turkish title deed depends on the value of the property. Of course, the cost of issuing a Turkish real estate document will be more expensive than other documents because it has more validity and value.
In addition to the cost of issuing a title deed, other costs must be paid when buying a property in Northern Cyprus. These costs include legal advice costs, electricity, water and sewerage distribution costs, property management stamp costs which are 0.5% of the property value, 6% of the property value must also be paid for the initial document registration fee. In addition, if you buy your property in the Long Beach area, you have to pay an amount to the municipality. This is £750 for studio units, £850 for one-bedroom units, £1,000 for two-bedroom units and £1,250 for villa units.
Legal advice fees
The cost of legal advice varies according to the experience and skill of the immigration lawyer.
Property registration fees
The property registration fee is paid at the Northern Cyprus Land Registry Office. This fee is usually 6% of the property value depending on the property value.
Tax expenses
Property purchase tax in Northern Cyprus, which is the stamp duty of the Treasury Department. 5% is a percentage of the property value. This tax is collected by the Northern Cyprus Finance Department.
The cost of buying a property in North Cyprus varies depending on the type of title deed, the value of the property, and other factors. When buying a property in North Cyprus, be sure to consult an immigration consultant to know the exact costs of buying a property.
Important points in choosing the type of ownership document in North Cyprus
When choosing the type of ownership document in North Cyprus, you should pay attention to the following points:
Ownership rights: The type of ownership document determines your rights and powers as a property owner. A Turkish title deed grants you all ownership rights, but a foreign title deed restricts some ownership rights.
Price: The price of real estate is related to the type of ownership document. In general, properties with Turkish title deeds are more expensive than properties with other types of deeds.
Property selection: Property selection in Northern Cyprus is limited to the type of title deed. Real estate with a Turkish property deed is more available than other types of deed.
Political Future: The political situation in Northern Cyprus affects the validity of all types of title deeds. The Turkish property document has international validity and will remain valid if the disputes between North and South Cyprus are resolved.
When buying property in North Cyprus, be sure to seek the help of a local lawyer to protect your rights and interests. Before buying a property, be sure to check the title deed carefully to make sure it is correct. If you buy a property with a pending title deed, be sure to find out the exact date of issuance of the official deed.
Buying property in North Cyprus
North Cyprus has the best properties in the Middle East. Living in North Cyprus can be very attractive with these properties. Buying property in North Cyprus is very popular among Iranians as well as other people of the world. Investing in North Cyprus is very attractive for the people of the world because it has grown significantly in recent years.
One of the main reasons for buying a property in this beautiful island is the reasonable price and the low cost of living in North Cyprus. In the following, we will give important and vital points about buying property in North Cyprus, which will definitely be useful for you.
Important points in the field of buying property in North Cyprus
Do your research: Before buying property in North Cyprus, be sure to do your research and get the information you need. This research includes getting to know the rules and regulations of buying property in North Cyprus, examining the economic and political situation of North Cyprus, and comparing property prices in different areas of North Cyprus.
Get help from an immigration lawyer: Be sure to get help from a local lawyer when buying property in North Cyprus. A local lawyer can guide you on the rules and regulations of buying property in North Cyprus and protect your rights and interests.
Check the title deed: Before buying a property in North Cyprus, be sure to check the title deed carefully to make sure it is correct. The title deed should include complete information about the property, such as location, area, and ownership.
Consider the costs of buying property: In addition to the price of the property, there are other costs to be paid when buying property in North Cyprus. These costs include legal consultation fees, property appraisal fees, property registration fees, and tax fees.
Define the terms and conditions of the lease: If you plan to rent out your property, be sure to clearly define the terms and conditions of the lease with your tenant. These terms and conditions should include the rental period, rental amount, and other relevant items.
Insure your property: To protect yourself against potential incidents, be sure to insure your property. Property insurance can help you avoid financial losses in the event of an accident such as a fire or flood.
If you are planning to sell your property in the future, be sure to research the property market in Cyprus. This research will help you sell your property at the right price.
Large and experienced company MAN investment ltd For many years, it has been providing services to its customers in the fields of immigration, residence, property purchase and investment in North Cyprus. Leave your property purchase and property registration work to us with peace of mind. We provide free and specialized property purchase consultations for you. we will give
last word
Choosing the type of title deed in North Cyprus is one of the most important decisions you have to make when buying property in this country. Depending on your conditions and needs, one of the above types of ownership document is suitable for you. The process of buying a property in North Cyprus is very sensitive and it is necessary to consult with immigration consultants and take advantage of their advice. .
In the end, we ask you to send this article to your friends and acquaintances who are planning to buy property in North Cyprus, so that they can learn about the types of property documents in North Cyprus. I hope this article was useful for you.
common questions
In Northern Cyprus, there are three types of ownership documents, which are:
Turkish Title
Exchange property document
Tahsis
In general, properties with Turkish title deeds are more expensive than properties with other types of deeds. This is due to the international validity of the Turkish real estate document.
The Turkish property document is more valid than other types of documents. This is because the Turkish property document is issued by the Turkish Cypriot government, which is an internationally recognized government.
Yes, it is possible to obtain a Turkish property document for foreigners in Northern Cyprus. But this work requires certain conditions. For example, foreigners must have at least 5 years of legal residence in Northern Cyprus.
Yes, it is possible to obtain a real estate exchange for foreigners in Northern Cyprus. This type of title deed is given to people who lost their property in South Cyprus during the partition of Cyprus in 1974 and moved to North Cyprus.
Yes, it is possible to obtain a real estate certificate for foreigners in North Cyprus. This type of ownership document is given to people who were transferred to Northern Cyprus as soldiers or civilians during the 1974 war.
Yes, there are restrictions on buying property with a title deed in Northern Cyprus. For example, foreigners cannot buy more than 30% of all properties in Northern Cyprus.
The price of property in North Cyprus varies depending on the type of property, its location and facilities. In general, property prices in Northern Cyprus are more affordable than in other European countries.
Yes, it is possible for Iranians to buy property in North Cyprus. However, Iranians must obtain a North Cyprus investment visa before buying property in North Cyprus.
Buying property in North Cyprus is great and profitable. Many immigrants come to this island to buy property in North Cyprus. The rules for buying property in North Cyprus are determined by the government of this country. According to the new rules, foreigners must invest at least $25,000 to buy property in Northern Cyprus.
بدون دیدگاه