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What
is NCP and how does it work? |
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I
have been researching the possibility of buying
a property in Northern Cyprus and have been investigating
the various title deeds available. Can you advise
me what the risks are, if any, in purchasing land/property
with TRNC title deeds. If there are any, what in
your opinion are the probabilty of these risks occuring
and their likely impact? |
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What
do you advise me when choosing a construction company
to buy a house from or to have them built a house
for me? |
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How
often is north-cyprus-properties.com updated? |
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What
are the benefits of buying or selling with NCP vs
other traditional estate agents? |
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Do
you help to those who are relocating to Northern
Cyprus? |
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What
is a virtual tour? |
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Do
I have to pay a commission if you show me houses
that I may want to buy? |
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What
is the general procedure of buying a property in
North Cyprus? |
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Can
I pay for the property from overseas? |
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Who
will look after my property whilst I am not in North
Cyprus? |
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Can
I do an Inspection trip? |
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Access
to North Cyprus? |
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Can
I have a house built to my own design? |
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Can
I bring my pets? |
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What
is the education system in North Cyprus like? |
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Can
I get Health insurance? |
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How
long can I stay? Do I require a permit? |
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Can
I use my UK Driving license? |
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Where
are the best beaches? |
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Where
are the villages? |
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Are
mortgage facilities available to foreigners in North
Cyprus? |
|
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What
is NCP and how does it work? |
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NCP
(North Cyprus
Properties) is the best online
real estate of Cyprus, currently covering the area
of Northern Cyprus, especially Kyrenia, Famagusta
and Karpas. www.north-cyprus-properties.com
is an online, full-service residential real estate
listing and information system. north-cyprus-properties.com
is the online “virtual office” of North Cyprus Properties
& Constructions Company, a marketing company
specialized in real estate promotions. By utilizing
technology and the Internet, NCP empowers you with
the smarter way to buy or sell a home. You’ll save
time and money with NCP. north-cyprus-properties.com
works by putting you in control of the buying and
selling process. The guides included in north-cyprus-properties.com
will cover almost every need of any home buyer.
Our sales team can advise you on the suitability
for purchase considering all the important factors
of such a move including location, support services,
future developments and investment potential. Online
or through our offices we can then provide all the
necessary expertise to assist in the smooth running
of the purchase process, through our ability to
recommend local professionals and by understanding
the specific nature of the Cypriot homebuying procedures.
|
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Can
you advise me what the risks are, if any, in purchasing
land/property with TRNC title deeds. If there are
any, what in your opinion are the probabilty of
these risks occuring and their likely impact? |
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The
risk of buying a property in North Cyprus is not
more than the risk of buying a property in South
Cyprus. Currently the properties in North Cyprus
is dealt within the law of TRNC. If we are to
explain shortly what has happened since 74 is
pre 74 the properties were owned by greek cypriots,
turkish cypriots and 3rd nations (english, german,
french etc). After 74, all of the greek owned
properties were nationalised by turkish government
(apx 17% of the property on north fall within
this nationalisation) in exchange for compensation
(compulsory acquisition) even though only 2% of
the greeks claimed their compensation the option
is still there. Instead of claiming their compensation
greeks opt to challange the actions of turkish
government (political reasons). And, because of
the security reasons turkish Cypriots never claimed
their lands back which they left on the south.
Since 74 till 2002 there was no straight forward
solution proposed by international authorities.
In 2002 UN (United Nations) proposed a resolution
plan (called Annan Plan because of the general
secratary Koffi Annan) whereby a proposal was
put forward to determine the state of pre 74 greek
owned and turkish nationalised properties. The
turkish side accepted the plan by 65% and the
greek side refused it by 74%. By refusing the
plan the greek side preferred to enter EU without
the north (without unification) and thus leaving
their claims on the lands in the north. So, now
in a way the Cyprus Problem is solved. Now EU,
America and UK is providing direct help
to North Cyprus which in a way means that they
recognise it. Embargoes are being removed one
by one and direct flights are about to be started.
Currently there are big construction boom in North
Cyprus.
While
the greek Cypriots are doing so, why it happened
that the turkish Cypriots never claimed their
lands back?
The reason is very simple. The violence that the
greek nationalist government applied on the civil
turkish Cypriots from 1958 to 1974 is the main
reason for the turkish Cypriots from staying away
from a life which would be under the control of
a greek government. The applied greek violence
has no difference than the Hitler violence towards
the jews during the world war. If one can think
of a jew who would turn back to live in his house
while Hitler is in charge than one can think of
a turkish Cypriot turning back to his home in
the lands which is under the control of the greek
government; unfortunately there is no a single
turkish Cypriot family whom a member was not killed
by the greek junta government 30 years ago.
Those
who know the realities of the 'Cyprus Problem'
also know the 'zero risk' of investing on TRNC
title deed land/property. Even more, they know
that investing on TRNC title is the most profitable
investment, since, although it has been increasing
rapidly within the last two years, because of
the 'so called risk', the TRNC title lands are
still at very reasonable prices. It is so reasonable
that even if the investor wants to pay both the
turkish Cypriot owner and the pre 74 greek Cypriot
owner so that he has the feeling of 100% guarantee,
the cost of the land is still too much below its
expected value after a unification. The accelerating
property boom in North Cyprus within the last
year shows that more and more people are aware
of this reality.
|
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What
do you advise me when choosing a construction company
to buy a house from or to have them built a customised
house for me? |
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When
choosing a construction compnay, one should look
for
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how
big the company is |
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how many houses and at what quality they are
building |
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if
they are providing any show houses to prove
their quality |
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if
they are developing the land which is owned
by the company itself |
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if
they answer to your questions |
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if
they can keep you updated whilst the construction
of house is taking place |
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if
the location that the house is buing built
promises future for investment purposes |
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if
they are on time with construction in the
previous projects |
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what
the previous customers tell about the company |
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if
they have all the intentions of landscape
planing, city planing, and having a site manager
on the site for some years after the finalisation
of the construction of the site in order to
maintain the upkeeping of the site. |
"Not
many companies fulfill the above important points.
North Cyprus Properties and Construction Ltd satisfies
all of the above mentioned issues. Also, we are
concentrating in Esentepe area in Girne and Bogaz
area in Famagusta whereby we are in process of
construction over 600 residential houses. These
two areas are the ones with highest increase in
value in the last year.
|
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How
often is north-cyprus-properties.com
updated? |
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Our
systems are updated several times a day with the
latest data from all markets. This ensures the latest
information for our online users.
|
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What
are the benefits of buying or selling with NCP vs
other traditional estate agents? |
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We
are the leading and most cost-effective construction
company since we build and sell our own properties,
thus keeping our prices lower than other construction
company who pay at least 5% commission to the
estate agents. Proven by our unique projects and
the quality of our buildings, we are the leader
of the Cyprus market. That's why we simply describe
ourselves by two short slogans:
``LEADERS IN CONSTRUCTION`` and ``VILLAS DIRECT``
We
claim that all over Cyprus it is NCP who not only
offers the highest quality buildings at the most
reasonable prices, but the most intellegent projects
on the most precious lands; because
continue
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Do
you help those who are relocating to Northern Cyprus?
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Yes,
we do.
Relocation
No need to worry about moving, we will organise
your re-location from UK to TRNC, door to door,
including your personal travel arrangements. Average
cost £2000 to £3000 depending on size
of container required. More detailed prices on demand.
Telephone
Have your home telephone and personal number installed
for your arrival. Deposit with us your registration
fee of 100 Million Turkish Lira (£40). Average
waiting time for connection is 3 to 6 months.
British
Residence Association
Wishing to meet new people! Your first year in
TRNC enrolment into the British
Residence Association will be paid by us. This
includes the full British Residence Association
information package. This will help new arrivals
to start their new life in the TRNC. This package
also qualifies you for a discount in many shops
and restaurants.
Interior
Design
Worried about choosing your interior design? Consult
our fully qualified interior design experts who
will help you to decorate your villa to the most
luxurious of standards.
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What
is a virtual tour? |
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A
virtual tour is a series of photos attached so you
can view a room of a house or an outside panorama
in 360o.
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Do
I have to pay a commission if you show me houses
that I may want to buy? |
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No.
Using the services of NCP does not cost you anything.
In fact, when you buy a home with NCP you have additional
benefits (better prices, time saving, professional
consultancy, legal information, etc). We
make money from marketing charges.
|
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What
is the general procedure of buying a property in
Northern Cyprus? |
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Purchase Procedure
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The
price of the property is agreed.
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The
sale contract will be drawn up expressing
the terms of the purchase and both the vendor
and the purchaser sign. |
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The
purchaser pays 10% deposit (the amount of
deposit may vary according to the payment
terms of the seller).
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The
solicitor or appropriate appointed person
will then apply for a purchase permit from
the Interior Ministry. This can take approximately
four to eight months. |
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Once
the Purchase Permit has been granted from
the Interior Ministry the remaining balance
is due from the purchaser. |
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After
final payment the vendor assigns the title
deeds into the name of the purchaser. |
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By
buying a Foreign Title property the purchaser
will not have to wait for a Purchase Permit
and therefore the above procedure will be
much quicker. |
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N.B.
When buying a Turkish Title or a TRNC Title foreigners
are restricted to 1 donum of land (1,388 sq.m.
or 1/3 acre. This restriction does not apply when
buying Foreign Title property. Please enquire
as to which title is attached to the property
of your choice.
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Can
I pay for the property from overseas ? |
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Yes,
this can easily be done from any international bank
directly into our HSBC International Bank account. |
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Who
will look after my property whilst I am not here
? |
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North
Cyprus Properties Estate Agency can care of your
property. We have a fully managed service and subject
to your approval, for example, we can take care
of utility bill payment, security and general maintenance
for a small monthly fee. |
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Can
I do an Inspection trip? |
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We
are able to organise flights, accommodation, airport
transfers and car hire to discounted prices. Moreover,
if it happens that you buy from our own constructions
we will pay all these for you. |
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Access
to North Cyprus? |
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As
Northern Cyprus remains unrecognized by most of
the international community, there are no direct
flights from Europe. However, some charter companies
avoid this problem by touching down in Turkey before
proceeding to Ercan, the airport located a few miles
to the east of Nicosia. In addition, there are regular
flights by Cyprus Turkish Airlines and Turkish Airlines
between Ercan and all the major airports in Turkey,
which are linked by the international carriers to
most destinations in Europe.
There are also regular car-ferry services between
Famagusta and Mersin (Turkey), and Kyrenia and Tasucu
(Turkey). It is possible to drive from London to
Cyprus in four days, or travel with one of the several
bus services which operate between England and North
Cyprus, but this can be an exhausting and sometimes
harrowing way to start a holiday. For non package
tour visitors, the addresses below of two airlines
which fly to Northern Cyprus may be useful.
[Turkish
Airlines] [Cyprus
Turkish Airlines (CTA - KTHY)] |
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Can
I have a house built to my own design? |
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The
team of North
Cyprus Construction Co. is staffed by highly
qualified architects, civil engineers and craftsmen
that ensure that a high degree of quality in constructions
is maintained at all times. Moreover, only with
£6,000 extra (includes furniture, decorative
goods and service) our interior decorator will design
the interior of your home for you. |
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Can
I bring my pets? |
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All
pets entering Northern Cyprus have to be quarantined
for a short period. Your local vet must chip your
pet and help you complete the pet passport form.
For advice contact Margaret Ray chairperson of Kyrenia
Animal Rescue on 00 90 533 863 1950 |
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What
is the education system in North Cyprus like? |
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The
education system in North Cyprus has vastly improved.
There are several state schools offering good education.
There are five universities on this small island.
The most famous one is the Eastern Mediterranean
University (EMU) of Famagusta - http://www.emu.edu.tr
- serves to more than 15,000 students from all over
the world. The Near East University and International
Cyprus University are the two in Nicosia, the Lefke
European University is located in Lefke and one
of the most popular, the Girne American University
(GAU) is in Kyrenia - from a nursery to a University.
http://www.gau.edu.tr |
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Can
I get Health insurance? |
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There
are several insurance companies who provide Health
insurance. The British Residents Society are the
best people to contact. Local medical care is good
and extremely reasonable. The majority of expatriates
use the local treatment. |
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How
long can I stay? Do I require a permit? |
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These
can be applied for once you have purchased your
home. The British Residents Society will provide
all the necessary information. You are issued a
3 month tourist visa when you arrive, after which
you must apply for a residents permit |
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Can
I use my UK Driving license? |
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For
3 months you can drive with your UK license, after
that you can only drive with a TRNC license. Once
you have been issued with your residency permit
a local license can be administered within days. |
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Where
are the best beaches? |
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North
Cyprus has plenty of sandy beaches. The best beaches
are in Karpas - the worldwide famous Golden Beach
(7 km. long) is here. The Malibu
Beach is also another lovely beach of Karpas
area. After Karpas comes the beaches of East Kyrenia
- the best of these is the Alagadi Beach (also known
as the turtle beach), then Acapulco Beach, Lara
Beach and the beautiful Esentepe Beach. The Escape
Beach in Alsancak is one of the safest beaches close
to the west of Kyrenia. There are many hotels with
private bays which permit non-residents to use them
for a small fee - the best one is the Acapulco Beach. |
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Where
are the villages? |
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Kyrenia
is the main town. East of Kyrenia in order are Karakum,
Ozankoy, Dogankoy, Catlakoy, Arapkoy, Esentepe,
Bahceler, Kucuk Yenierenkoy. West of Kyrenia in
order are Zeytinlik, Karaoglanoglu, Edremit, Karaman,
Kervansaray, Alsancak, Ilgaz, Incesu, Malatya, Lapta,
Karsiyaka, Guzelyali. |
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Are
mortgage facilities available to foreigners in North
Cyprus? |
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Yes,
mortgage facilities are available in North Cyprus.
For further info please contact to osman@north-cyprus-properties.com |