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The real estate market of North Cyprus which has become lucrative in recent years, attracts the attention of those who plan to invest with its social and cultural texture and ease of life. Foreign nationals who are not citizens of the Turkish Republic of Northern Cyprus can own real estate in Northern Cyprus. According to the Law on the Acquisition of Real Estate and Long-Term Rentals (Foreigners), which was accepted by the Parliament of the Republic of the country, foreigners can own real estate in the country subject to the approval of the Council of Ministers. At the same time, this law, which provides foreigners with the right to make long-term rentals, requires official transactions and legal applications to be made. Foreign nationals can buy 1 house in Northern Cyprus, up to 1 acre (1,338 square meters) of land or land that has the characteristics of a field, provided that it is empty. The land size is allowed to be 5 acres, provided that there is 1 residence on the land to be purchased. While there is no restriction on the size of the land in the residences within the site, a 300-meter distance requirement is sought for the houses to be purchased in regions where there are restrictions such as the military zone. While this right granted to foreigners is valid for spouses with the same surname, only one purchase right is granted. At the same time, children do not have any rights other than the rights of their parents. Companies established in Northern Cyprus do not have any restrictions on purchasing real estate.

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The first thing to do after determining the house you will buy is the preparation of the sales contract. After the preparation of the sales contract, you can apply for a permit, pay your taxes and own your house. For more information, you can review the Real Estate Purchase Process page.​

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The process of purchasing real estate in Northern Cyprus starts with the decision on the real estate to be bought. Hub Property Investment Ltd. sales representatives stand by their customers with their years of experience in this process. Legal information about the real estate planned to be purchased is provided by Hub Property Investment. During the signing of the contract, which was prepared after these stages, Hub Property Investment provides support to its customers. The stamp fee of 30% of the value of the purchased real estate and 0.5% of the real estate has to be paid. Then, the contract is annotated to the land registry and the rights of the buyer are secured. In the last stage, K.K.T.C. In order to become a homeowner, an application must be made to the Council of Ministers. Hub Property Investment supports its customers in this process and makes the application process on behalf of the customer. Approval of the Council of Ministers takes an average of 60 days. In addition, all the necessary permissions for the person to obtain the title deed in their own name are also obtained by the Hub Property Investment.

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