What are the terms of payment for purchasing property in North Cyprus ?
Payment terms depend on the property you buy. A resale property is paid fully upon exchange of contracts, newly built or off plan properties depend upon the construction firm. Payment terms can involve an initial deposit of between 10 – 30%, followed by further payments of 20% (for example) payable upon completion of stages in the build process. Alternatively payment maybe able to be made by monthly instalment. Cyprus Island Homes work only with reputable construction companies and we are confident that we can arrange payment terms to suit your budget.
Payment terms depend on the property you buy. A resale property is paid fully upon exchange of contracts, newly built or off plan properties depend upon the construction firm. Payment terms can involve an initial deposit of between 10 – 30%, followed by further payments of 20% (for example) payable upon completion of stages in the build process. Alternatively payment maybe able to be made by monthly instalment. Ersav Homes work only with reputable construction companies and we are confident that we can arrange payment terms to suit your budget.
