Owning property in Northern Cyprus can truly be a transformative endeavour. While acquiring property overseas presents unique nuances, understanding the process can simplify it considerably. As soon as you decide to invest, we match you with a certified lawyer and translator on the island to support you throughout your journey. These professionals accompany you in contract signing, securing complete property ownership, and managing taxes and other associated fees.
Therefore, investing in property in North Cyprus not only offers a robust shield against escalating inflation, but also presents an opportunity to invest at your convenience through the Amas global group company company portfolio. Capitalize on the chance to generate a stable income by leasing your property on a monthly or annual basis. Revel in the rewards this investment can bring through our comprehensive and reliable support.
The property purchasing process in North Cyprus, facilitated by Amas global group company, is a streamlined and secure experience. Begin by exploring our diverse property portfolio to identify the perfect fit for your needs. Our team, working with locally trusted solicitors, will advise you on all aspects of the purchase, from understanding the process to creating a will.
Once you’ve agreed on the price and terms, a reservation for your chosen property is made via a non-refundable deposit, allowing us to remove it from the open market. Subsequently, our recommended legal professionals will ensure a thorough examination of all property-related paperwork and conduct necessary searches on your behalf, while we keep you updated.
A purchase contract, reflecting all previously agreed upon terms and conditions, will be prepared for your signature. A significant portion of the purchase price is transferred within 14 days post-contract signing. Upon signing, the contract will be registered at the Land Registry Office to acknowledge your legal ownership. Meanwhile, we assist in obtaining your purchase permit from the Council of Ministers.
Lastly, on completion day, your solicitor will request the final balance, including the title transfer tax. Be aware that the process may incur additional costs like stamp duty at contract registration, VAT at key handover (for new properties), title transfer tax, solicitor’s fee, and transformer contributions. Trust in Amas global group company to help make your property investment in North Cyprus a rewarding and stress-free experience.
The buyer’s guide will provide you with all the information you need about buying a home and the steps involved. All our customers are offered free consultation without any obligation or charge by our professional property consultants in Amas global group company.