FAQ
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The capital of the Republic of Turkey and its surroundings are becoming an increasingly popular destination for the purchase of residential real estate. As for Turkish buyers, they have long paid tribute to this metropolis. Ankara has been consistently in the top three in terms of real estate transactions for many years. But this year it was also...
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Over the past few years, property in Northern Cyprus has become one of the most interesting real estate investment vehicles in the region. The reason it is popular among buyers is the affordable prices for houses and apartments in this location, while the quality of construction is high and tax rates are low. In this article, we will look at the...
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To buy property in Turkey and be sure that everything is done correctly from a legal perspective, it is better to hire an appropriate professional. We will tell you how to choose the right lawyer who will help you purchase a residential property in Northern Cyprus. Content: At what stages you can’t do without a lawyer Stage 1. Choosing a...
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Northern Cyprus (Turkish Republic of Northern Cyprus or TRNC) is considered one of the most attractive countries for real estate investment. Over the past few years, there has been a continuous rise in prices: the cost of units in the primary market increases by 10% annually, and the secondary market also sees an increase of 5% or more. What makes...
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Northern Cyprus (Turkish Republic of Northern Cyprus, TRNC) is known not only as an attractive destination for tourism or profitable investment in real estate but also as an excellent location for starting your own business. Foreign entrepreneurs, too, can set up their own venture in the TRNC. The rapid economic rise of the TRNC is primarily due...
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Real estate in Turkey, including Northern Cyprus, is popular among buyers from around the world. When calculating how much a purchase will cost, people often take into account only the price of a residential property. However, almost every step of acquiring real estate in the Turkish Republic of Northern Cyprus (TRNC) involves certain costs. Here...
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Buying real estate in Turkey involves getting a TAPU. Owners of properties in Northern Cyprus should also have it. What is this document? Content: What is a TAPU and what is it for? How do I get a TAPU? Several owners in a TAPU Frequently asked questions foreigners have about a TAPU Residential properties on sale in Northern Cyprus What...
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In recent months, Turkey has experienced a surge in internal migration because people distressed by the earthquakes in Kahramanmaraş and its surroundings feared earthquakes in Istanbul. This is the largest Turkish city located in a seismic danger zone. Content: The relevant data are detailed in the following tables: Sale Rent Land for...
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Northern Cyprus is becoming an increasingly popular destination among investors and migrants. When deciding to buy property in Turkey in this region, you need to know what steps of a sale and purchase transaction you will have to go through. Content: Choosing a residential property Sales contract Permission to purchase Deposit Registering...
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Top and bottom locations According to the official data provided by TÜİK, property sales in Turkey in March 2023 decreased by 21.4% compared to the same month last year and amounted to 105,476 units. Istanbul accounted for the highest share of transactions with 18,166 units or 17.2%. Istanbul is followed by Ankara with 12,023 sales (an 11.4%...
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