FAQs

You can pay in cash or via bank transfer. Many developers also accept cryptocurrency payments.

If you decide on a property on-site, you can reserve it for £2,000–£10,000 for 2-4 weeks (depending on the property and developer).

Cash payments are an option, but credit card payments are also possible if you have pre-approved the limit.

No, according to current law, foreigners are allowed to purchase only one property per person in Northern Cyprus.

Exception: Turkish citizens can buy up to three properties.

This depends on the property, furnishings, location, and other factors.

Generally, we estimate a net rental yield of 5-8% per year if you use a rental service (offered by the developer or an external provider).

However, self-managed rentals can generate higher returns.

During the inspection tour, I will provide you with more detailed information.

With the appropriate power of attorney, your lawyer in Northern Cyprus can handle the registration of electricity and water on your behalf. Feel free to contact us for assistance.

Electricity and water in Northern Cyprus operate on a prepaid system. Once your balance is used up, the service is temporarily disconnected until you recharge it.

What Is the Cheapest Way to Transfer Money?
Properties in Northern Cyprus are usually paid in GBP, but EUR, USD, and Bitcoin are also accepted for most properties.

I recommend REVOLUT for low international transfer fees. Some banks also offer affordable transfer options, so it’s worth checking with yours.

Alternatively, Property FX specializes in international transfers (contact: Jo Baron).

Please keep in mind the transfer conditions and fees before proceeding.

You can pay in cash or via bank transfer. Many developers also accept cryptocurrency payments.

If you decide on a property on-site, you can reserve it for £2,000–£10,000 for 2-4 weeks (depending on the property and developer).

Cash payments are an option, but credit card payments are also possible if you have pre-approved the limit.

This depends on the property, furnishings, location, and other factors.

Generally, we estimate a net rental yield of 5-8% per year if you use a rental service (offered by the developer or an external provider).

However, self-managed rentals can generate higher returns.

During the inspection tour, I will provide you with more detailed information.

What Is the Cheapest Way to Transfer Money?
Properties in Northern Cyprus are usually paid in GBP, but EUR, USD, and Bitcoin are also accepted for most properties.

I recommend REVOLUT for low international transfer fees. Some banks also offer affordable transfer options, so it’s worth checking with yours.

Alternatively, Property FX specializes in international transfers (contact: Jo Baron).

Please keep in mind the transfer conditions and fees before proceeding.

This depends on the property, furnishings, location, and other factors.

Generally, we estimate a net rental yield of 5-8% per year if you use a rental service (offered by the developer or an external provider).

However, self-managed rentals can generate higher returns.

During the inspection tour, I will provide you with more detailed information.