I holiday there every year and I can assure you people have heard and are buying/ building in DROVES. It's a great country, the lifestyle is more relaxed than mainland Turkey (yes, it is possible!) and people are buying for exactly the same reasons as Turkey (entry for Turkey to the EU will likely quadruple house prices).

Just wondering... no-one else looking at North Cyprus?!
Thanks
Drew

I agree with you, but now that the politics are changing there are stories of Greeks coming back to claim old property and some people have been caught.
Thanks
Fabian

I understand about what you think about buying houses in North Cyprus.Do not let them to threaten you.Do not think someone will come and get your home back from you.These are just for confusing people brain.Belive me there will be no agrement in North Cyprus and North Cyprus will grow up.The greek cypriot do not want any agrement.We sayed ok.We sayed come and signed the agremant,but they did not come,because they think they are going to be the owner of the All Cyprus.I live in Cyprus.I am 26 years old.You know whats the truth,My father says that he is 61 years old.We saw too much agremant on this island when he was 20-30-40-50 years old.But the greek cypriot dıd not want to give us anything.So ı hope ı can explain little bit things to you.my english is not enough to explain everything.BUt just belive me.Take care.Best regards

Let me know what you want.I am a constructor for 30 years in North Cyprus.my company name is Tunali Construction. İf you want something serious do not hesitate to call us.My mail adress is tunaliins@superonline.com Best regards.

Hi all,

I have heard the horror stories aswell about greeks coming back to get their land properties back!

But I went over to NC to check up on my property anfd have a look around the island for a couple of days- which was great so beautiful over there I was impressed by the scenery!

I was told that south and north laws are different and greek-cyps are not and should not be over enforcing people to leave their properties as they are not by north rules and trnc law aloud to do this!
Both parts of the island are run by different governments- so you dont see turk-cyps going to the south and being handed it back by the greek-cyps do you??

Personally I think its a case of GCs wanting one rule for them and a different rule for TCs- as per usual!!
It has to be a case of one rule for all if the future of the island is to be equal!

See ya D

P.S- If you get GCs knocking on your door then you should contact the trnc goverment or law enforcement to see where you stand first!

Hi all ,

Just found a recent update and property news article on what the EU & Germany are doing to help TRNC to lift isolations- Wonder if this attempt will work or not???

German boost for TRNC property market?

The German Federal Parliament has unanimously approved a bill on Cyprus which will aim to find a solution to the conflict between Greek and Turkish Cypriot nations as soon as possible, writes Jo-ann Hodgson.
As recently reported by World of Property , the southern Cyprus property market is currently booming and has seen an upsurge in interest from British buyers this year. However, political troubles in the Turkish Republic of Northern Cyprus (TRNC) have put many potential property buyers off buying in the north.

However, a bill passed by the German Federal Parliament, the Bundestag, demands that: the isolations on Turkish Cypriots be lifted; the EU Commission works towards special Direct Trade Regulations with TRNC; the troops are steadily demobilized and the Greek Cypriot side put in efforts to get the embargoes abolished for the Turkish Cyrpiot Parliament, administration, public offices and educational media. All of these measures, if successful, will make the TRNC a more stable market in which to invest in property.

That the Bundestag has passed the bill is significant because the German chancellor, Angela Merkel, is currently president of the G8 international forum and effectively has a directing hand in the discussions of the group of eight countries – Germany, Canada, France, Italy, Japan, Russia, the United Kingdom and the United States. Germany is also presiding over the European Union for the first six months of this year.

Lale Akgun, a Social Democratic Party member of the German parliament, declared that: "The southern side of Cyprus is an EU member state and accustomed to getting its demands met. The northern side of Cyprus is an unrecognised region under isolations and here people live in difficulty. Namely, there is no balance. We wanted to go a step ahead in this issue."

She also said that the TRNC should firstly reach economical independence to fulfil the demand of "being independent of Turkey."

This is potentially good news for those involved in the Northern Cyprus property market. "Northern Cyprus for the first time has been invited to sit with the EU: They are not allowed to vote as yet but this is a massive turning point," said Jennifer Horabin, Director of C&T Construction & Estates. "Germany has the reign of the EU this year and they are discussing lifting isolations from Northern Cyprus and how it is mandatory. In short, when this takes place land and property will increase dramatically which is why the shrewd investors are investing now."

6th June 2007

See ya D

It is illegal to buy property or land that’s rightfully owned by Greek Cypriots. There are many Greek Cypriots living in the south who are refugees from the north and who believe that even visiting the north while it’s still under Turkish control is morally wrong.

WARNING
If you decide to buy property in northern Cyprus, you must ensure that you will have legal ownership of the land and property that’s being sold to you, even if Cyprus is reunited. most probably you will not.

Hi all,

Recent article published regarding north cyprus and its property boom!!

Happy hunting!!

Property Investors are Discovering the Value of Northern Cyprus Real Estate Investments
By Built-in Administration account on 27-Jul-07 12:29.

With the lower cost of living, unspoilt natural beauty and year round Mediterranean sun Northern Cyprus is currently attracting a wider property investment market.

Northern Cyprus is predicted to be one of the most exciting markets in Europe for growth. The world has woken up to the potential and as a result the amount of investment and the number of people looking to invest is at an all time high. It is one of the few remaining areas of the Mediterranean providing a first rate strategy for overseas property investors. This is made more attractive due to the exemptions on income tax, import duties, corporation tax and little or no council tax.



'The money is pouring in. You can smell it,' says one property agent with the Interior Minister, Ozkan Murat, says applications by foreigners to buy property have increased almost ten times over the last few years.

Last year, around 1,000 overseas investors bought property in Northern Cyprus; incredibly this figure is five times the number of annual sales during the 1990s. Suggestions and reports of an upturn and growth in the Northern Cyprus property market is to escalating steadily.

Mr Shah from the Investors Provident said: 'There's a lot more to be had, it's a lot more unspoiled than the south. The south has been very commercialised by tourists, whereas the north has remained very untouched. It's a lot more picturesque.'

Foreign investors are buying large portions of developments with early indicators pointing to a long term upward trend. Property prices have risen significantly in the last 3 years but are still as much as 50% less than property in the south and therefore a huge opportunity for capital growth.

Cyprus Turkish Airways have applied to the British government for permission to allow direct flights from London to Ercan airport which will also bring a positive increase to the travel and tourism economic sector.


See ya D

P.S - Those thinking of investing there are always positives and negative views along with conflicting information and debates about north cyprus and cyprus in general!
But as long as you seek Good ,reputable ,independant legal advise, make sure the correct title deeds are available AND UNDERSTAND WHAT THE DIFFERENT TITLE DEEDS MEAN and very important that you do your own reserach and due diligence then you should be OK!!

Everyone is responsible for his actions. Prices at the North part are very low. Everybody knows that. But let me give you an example. If i have a plot over there and because of the situation I live in the south part then does not give the right to anyone to sell my property.

If i visit my village and i see that apartments are build over there because the so called "north government" gave permission then i will sue to the european court. -let me say that this formation of governemnt is illegal and EU does not regonize it, only Turkey- Greek Cypriots started filing law sues more and more lately. I personaly know someone that sue an english family beacuse they have bought a villa that was build on his land. He told me that he met this english people, they were very nice, but what he could do? They bought a house in his property. The european court has ordered them to leave the house. Be prepared to see more and more of this in the next near future. More than 80% of the land there belong to greek cypriots tha have moved in the south due to the invasion.

What I'm saying to all of you guys is to be very carefull. Even if is cheap and on normal circumstances would be a great opportunity, it is very dangerous and you may lose all of the money you have invested. But again every one is responsible for his own actions.

Hi all,

Charis- I appreciate your views and do understand what you are saying!

But the facts remain that you need to know the difference in the title deeds in order to make a more calculated, legal and moral decision!

It is in fact 17% of the island only that is in despute and this is mainly around nicosia!

Yes there are risks here hence why the properties and land is so cheap but like I said do so research about the past so you understand the situation on the island. Research the different types of title deeds-so you know which are safe, Medium risk, high risk and those that you just shouldnt touch!!!!!


North cyprus is the most beautiful. unspoilt part of the island, with the best and most historical sites to visit- Kyrenia harbour is stunning!!

See ya D