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The rules and procedures when buying properties differ a little from those in your home country, but are very straightforward. Just like in many other parts of the world, you hire a lawyer who handles the formal, such as contract, registration and law enforcement.
What do the different title deeds mean? There are generally 3 different types of teams in North Cyprus; · Turkish Title deed – Real estate owned by Turkish Cypriots before 1974. · Exchange Title deed – Real estate granted to Turkish Cypriots in compensation for real estate that they left on the south side after 1974. · TMD Title deed – Real estate granted
Cyprus, the Mediterranean island, is fast turning into a haven for property investors because of its inviting climate and serene locales. Initially, foreign tourists would flock to the resorts and avail of the holiday packages they offered. Of late, however, holidaying crowds are showing a preference for private apartments and villas. This together with the slackening of legal formalities, tax benefits, etc. has changed
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