How is buying and selling property in North Cyprus?

Buying and selling property in North Cyprus is a unique opportunity to invest in North Cyprus. Buying a property in another country can be considered a complicated matter for you, but we can easily say that this thought is wrong and buying a property in North Cyprus is an easy and attractive thing. Buying and selling property in North Cyprus, buying and selling property is a phenomenon that we must have detailed information about in order not to suffer from the process of buying and selling property and to be completely satisfied with buying and selling property according to the article that we present to you. Your information in this field will increase and you will surely make a better choice.

The term real estate is used to refer to a house (dwelling) or a building that is located in a certain area. The term real estate also refers to a business (occupation), which operates in the field of buying, selling, mortgaging or renting land, buildings and houses. The real estate market, like the gold, coin and currency market, is one of the well-known and old markets for safe investment in Iran and the world.

To the extent that many investors consider this type of market to be one of the most reliable and safe markets to keep their capital. Many sections of the society even transfer funds or incomes obtained from other activities and investments to this branch of investment and they believe that in the long term such investments generate the highest interest and the least risky type of investment.Buying and selling property in North Cyprus


Comprehensive guide to Northern Cyprus

Northern Cyprus real estate

The term real estate is used to refer to a house (dwelling) or a building that is located in a certain area. The term real estate also refers to a business (occupation), which operates in the field of buying, selling, mortgaging or renting land, buildings and houses.

The real estate market, like the gold, coin and currency market, is one of the well-known and old markets for safe investment in Iran and the world. To the extent that many investors consider this type of market to be one of the most reliable and safe markets to keep their capital.

Many sections of the society even transfer funds or incomes obtained from other activities and investments to this branch of investment and they believe that in the long term such investments generate the highest interest and the least risky type of investment.

The term real estate is used to refer to a house (dwelling) or a building that is located in a certain area. The term real estate also refers to a business (occupation), which operates in the field of buying, selling, mortgaging or renting land, buildings and houses.4EVER villa town project in Green Town of Northern Cyprus

The term real estate also refers to a business (occupation), which operates in the field of buying, selling, mortgaging or renting land, buildings and houses. The real estate market, like the gold, coin and foreign exchange market, is one of the well-known and old safe investment markets in Iran and the world, to the extent that many investors consider this type of market one of the most reliable and safe markets for keeping their capital.

The real estate market, like the gold, coin and currency market, is one of the well-known and old markets for safe investment in Iran and the world. To the extent that many investors consider this type of market to be one of the most reliable and safe markets to keep their capital.

Many sections of the society even transfer funds or incomes obtained from other activities and investments to this branch of investment and believe that in the long term such investments generate the highest interest and the least risky type of investment. The term real estate refers to a house ) or the building that is located in that specific area is used.

What points should be considered in buying and selling property?

before Buying and selling property in North Cyprus We must pay attention to this fact that the property we buy is our capital and we must look at it strategically before buying and think about how much it will improve if we want to sell the property one day and how much our profit will be from buying this property.

Pay attention to the location of the property and the access ways to the property. In selling the property, the most important principle is the access ways. Access roads have an impact on buying and selling property in North Cyprus. Before buying any property, imagine its position in the future so that you do not suffer when selling.How is buying property in North Cyprus?

When buying and selling property in North Cyprus, pay attention to the property document. You should also be careful when selling the property, for example, transfer the document when the full settlement is done.
Many sections of the society even transfer funds or incomes obtained from other activities and investments to this branch of investment and believe that in the long term such investments generate the highest interest and the least risky type of investment. The term real estate refers to a house ) or the building that is located in that specific area is used.

What are the conditions for buying property in North Cyprus?

· At least 18 years old:

Applicants must be at least 18 years old to buy property in Cyprus.

· Investment to obtain residence:

In order to obtain residence, it is required that you purchase a valuable property in proportion to the number of members in your family.

· Show the origin of the money:

اEnsuring the origin of the money used, including transfers from outside Northern Cyprus, is required.

· financial ability

بگیرندIndividuals must have proof of financial means to be able to take on the financial responsibilities associated with the property.

· Certificate of no criminal record

Applicants must provide a certificate of no criminal record.North Cyprus real estate

There are also some advantages to buying a property in Northern Cyprus, including no need for language documents or medical tests. Also, people can maintain their residence with limited presence in the country. For more information, you can get a free phone consultation from a large and experienced company MAN investment ltd بهره‌مند شوید.

Bank deposit in Northern Cyprus

The applicant must deposit $25,000 in a bank in Northern Cyprus, which will be frozen for three months.

Property prices in Northern Cyprus

The popularity of Northern Cyprus is growing day by day. According to statistics, real estate prices in Northern Cyprus are still more affordable than their equivalents in European countries. The average property price per square meter in the centers of the most popular cities of Northern Cyprus is from 778. Starts at £41. On the other hand, the average price per square meter for properties outside the city centers is from 621. Starts at £31. Real estate in North Cyprus is affordable and investing in it now can pay dividends in the future.

Property prices in North Cyprus have been the focus of many investors for a long time in recent years. The minimum capital required to buy a house and obtain residence in Northern Cyprus has not been determined. Approximate real estate prices in different cities are shown in the following table:

Famagusta

45 thousand pounds to 250 thousand pounds

Long Beach

65 thousand pounds to 450 thousand pounds

Nicosia

45 thousand pounds to 270 thousand pounds

It doesn’t work

60 thousand pounds to 400 thousand pounds

Eskeleh

45 thousand pounds to 300 thousand pounds

Lafkeh

40 thousand pounds to 350 thousand pounds

Buying a cheap house in North Cyprus

Buying a cheap house in North Cyprus is possible due to several reasons, and this possibility compared to other European Union countries has attracted the attention of property buyers. This still indicates stability, although in the past, housing prices in this country have increased in different areas. However, property prices in Northern Cyprus are about 40% lower than in Spain and 50% lower than in France. Also, cheap houses and new properties are available at affordable prices.Cheap house in North Cyprus

Geographical location plays an important role in determining house prices in North Cyprus. Homes located in rural areas will never reach the price of homes in the middle of the city. If your home has easy access to the beach, close to recreational areas, and other convenient locations, you may end up paying more. For this reason, houses in Long Beach areas of the waterfront city are more expensive than other areas. Also, the facilities needed at home are also added to its cost.

Additional costs of buying property in Northern Cyprus

Foreigners who intend to buy a house in North Cyprus, in addition to the main cost they pay for buying a property, these side costs, along with the main cost that a person paid to buy a property, constitute the set of costs related to buying a property in North Cyprus, which Failure to pay any of them will make it difficult for a person to stay. In the article “Side costs of buying property in North Cyprus” we have described these costs in detail for you dear ones.Additional costs of buying property in Northern Cyprus

Advantages of buying property in North Cyprus

Buying property in Cyprus North brings many benefits, which will be different according to the conditions of each person. For example, people who are interested in beautiful and eye-catching nature will live in one of the best places in the world by buying a property in North Cyprus. Many advantages revolve around buying property in North Cyprus There are that include:

v Obtaining residence in Northern Cyprus

v Living in a quiet and safe area

v Good job market due to strong tourism industry

v The small population of this country and high peace

v The possibility of obtaining residence for the main person, his wife, children and parents of the applicant and his wife

v The value of your property will grow in pounds every year.

v Cost of living in Northern Cyprusy It is lower than other European countries.

v RatioIf you intend to immigrate to a third country, it is easier to immigrate from North CyprusYou will have to Iran.

In the comprehensive article Cost of Living in Northern Cyprus” we have described in detail the cost of living in Northern Cyprus.

Property investment methods in North Cyprus

What are the methods of real estate investment in North Cyprus:

– Buying ready-made housing and key delivery

– Buying non-ready units at a lower price than ready units with cash payment terms and long-term installments

– Buying old properties and renovating them, which leads to their added value

— Buying housing with the goal of a long period of time to preserve the value of money and earn profit

Participation in construction

– Investing and receiving rent in pounds

– Participation in construction

__ Purchase of business units

Earning rental income from business units

Investment in property in North Cyprus

Investing in each of the mentioned cases requires checking the purpose, budget, and how to do it and checking the laws governing the country, so before doing anything and choosing any of the investment methods, you should know about the way to do the work. If researched correctly, this will reduce the risk of the work in the first stage and increase the profit from the investment in the second stage.

Legal advice on buying property in North Cyprus

Although obtaining residency and immigration to beautiful North Cyprus is considered one of the benefits of buying property in North Cyprus, another important point to consider is the financial benefit from this investment. To properly assess this issue, points such as property price growth rate and property market conditions in different sectors should also be considered. Also, attention should be paid to the indicators and standards that affect investment.

In terms of taxes, it should be noted that the amount of taxes in the field of commercial properties in Northern Cyprus is higher than in residential properties. This is an important point to consider in investment planning.

It is better that this process is done by an accredited immigration consultant to avoid any losses and abuses. MAN investment ltd company, with years of experience in the field of immigration to North Cyprus and familiarity with various immigration methods, is ready to answer your questions and guide you in the process of buying property in North Cyprus. It is suggested that you download the migration green path product from the MAN website and use it as a reliable source for making decisions about your immigration process.Mehdi Asadinejad, Managing Director of MAN investment ltd

Over the past few years, especially in the post-coronavirus era, and due to the emergence of some conflicts and insecurity in some countries of the world, the real estate market in Northern Cyprus has become a sweet market and the number of immigrants and investors is increasing every day. will be You can contact our consultants for free expert advice. Our experience and expertise in these fields can make you a profitable investment.

Spread your wings, fly with MAN

common questions

What points should be considered when buying property in North Cyprus?

When buying property in North Cyprus, you should consider the following points:

Location of the property

Property size

Property features

property price

Purchase conditions

required documents

tax

Maintenance costs

The future of investment

Is there a property tax in Northern Cyprus?

5% and initial registration feesYes, there is a tax on the purchase of property in Northern Cyprus.The total is 12.5 percent.

Are property maintenance costs high in North Cyprus?

Property maintenance costs in North Cyprus depend on various factors, including property type, location and property amenities. In general, property maintenance costs in North Cyprus are lower than property maintenance costs in European countries.

Is the future of property investment in North Cyprus good?

The future of property investment in Northern Cyprus depends on various factors, including the political and economic situation in Northern Cyprus, inflation trends and interest rates. In general, experts believe that the future of property investment in Northern Cyprus is excellent.

Is it possible to rent a property in North Cyprus to receive residency?

No, it is not possible to rent a property in Northern Cyprus to obtain residency. In order to obtain a Northern Cyprus residency, you must meet one of the following conditions:

Work visa in Northern Cyprus

Study visa in Northern Cyprus

Investment in Northern Cyprus

Marriage to a citizen of Northern Cyprus

Is it possible for Iranians to buy property in Northern Cyprus?

Yes, it is possible for Iranians to buy property in Northern Cyprus
There is. Iranians can buy a property in North Cyprus by complying with the legal conditions
do.

Is it possible to buy property in North Cyprus without being in Cyprus?

Yes, it is possible to buy property in North Cyprus without being in Cyprus. Immigration companies in North Cyprus can handle the process of buying a property for you without being in Cyprus.

Does buying a property in Northern Cyprus require a visa?

A visa is not required to buy property in Northern Cyprus
do not have one. You can enter North Cyprus with your valid passport and purchase procedures
Do the property.

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