After the division of the island in 1974, Turkish Cypriots formed their own legal system. As a result of this, different Northern Cyprus property alternatives with different title deeds have been issued.
It should be noted that according to the Property Purchase Law and the related regulations, Foreigners’ purchase is limited to one donum of land (unless you form a Company or constitute a trust with a local person). A permit to purchase from the Ministry of Interior is then applied for by your solicitor, this may take anything between twelve to eighteen months. |