What types of deeds are available?
Like in UK there are two main types of deeds in TRNC, like in UK Freehold and Leasehold deeds. However, there are some significant differences the UK buyer should be aware of when he comes to buy a property in Northern Cyprus. Leasehold property or land is as a rule restored buildings which are leased to the foreign nationals by the Government for the period up to 49 years. The ground rent is negligible. Typical example of such properties could be found in the well established Karmi Village near Kyrenia (Girne), where originally all foreign nationals settled. Most of them are English, but also other European nationals, like Germans, Swiss, and Dutch live here. There are three types of deeds for Freehold property, which differentiate significantly, but all of them are absolutely legal. The first one is the Freehold property that belonged to the foreign owner (pre-1974), which could be rarely found on the market these days, as the owners consider it a good investment and do not feel like
Like in UK there are two main types of deeds in TRNC, like in UK – Freehold and Leasehold deeds. However, there are some significant differences the UK buyer should be aware of when he comes to buy a property in Northern Cyprus. Leasehold property or land is as a rule restored buildings which are leased to the foreign nationals by the Government for the period up to 49 years. The ground rent is negligible. Typical example of such properties could be found in the well established Karmi Village near Kyrenia (Girne), where originally all foreign nationals settled. Most of them are English, but also other European nationals, like Germans, Swiss, and Dutch live here. There are three types of deeds for Freehold property, which differentiate significantly, but all of them are absolutely legal.
Like in the UK there are two main types of deeds in TRNC – Freehold and Leasehold deeds. However, there are some significant differences the UK buyer should be aware of when he comes to buy a property in Northern Cyprus. Leasehold property or land is, as a rule, restored buildings which are leased to foreign nationals by the Government for a period of up to 49 years. The ground rent is negligible. A typical example of such properties could be found in the well established Karmi village near Kyrenia (Girne), where originally all foreign nationals settled. Most of them are English, but also other European nationals, like Germans, Swiss and Dutch live there. There are three types of deeds for Freehold property, which differ significantly, but all of them are absolutely legal. The first one is the Freehold property that belonged to a foreign owner (pre-1974), which are rarely found on the market these days, as the owners consider it a good investment and do not feel like parting with it wh
As in the UK , there are two major types of deeds available, freehold and leasehold. However, there are significant differences the UK buyer should be aware of when looking to buy property in North Cyprus . Leasehold property (or land) is as a rule restored buildings belonging to the government and leased to foreign nationals for periods of up to 49 years. Ground rent is negligible. Typical examples of such properties can be found in the well-established village of Karmi near Girne (Kyrenia). Originally, all foreign nationals settled here, most of them being English, but also other foreign nationals, like Germans, Swiss and Dutch also reside in the village. There are three types of Freehold title deed. All of them are considerably different, but all of them are legal. The first is Freehold property that previously belonged to a foreign owner (Pre ’74), these properties are rarely found on the market these days, it is considered a good investment and once acquired owners do not want to
