Northern Cyprus, Buyers Guide ...

As you might or might not be aware is there are four different types of deeds.

TRNC Title
- previously Greek owned prior to 1974
Turkish Title
-Turkish prior to 1974
Foreign Title
-British ,German, American etc.
Leasehold
-Owned bye the government who will grant long term leases of 49 years.
Buying a freehold property of land:

Find what you want and agree a price
Make a contract with a lawyer setting terms of sale
Vendor and purchaser sign contact
The purchaser provides the vendor with a 10% deposit
Lawyer applies to Council of Ministers for a buying permit which can take 5 to 6 months to complete
Once permit is obtained, balance is due to the vendor
Vendor signs over the deed to purchaser
Sale is completed

Buying from a Foreigner:

Find what you want and agree a price
Make a contract with a lawyer setting terms of sale
Vendor and purchaser sign contract
Purchaser pays full amount due
Title deed is then transferred to purchaser's name
Sale is completed

The reason why buying from a Foreigner is faster is because all checks have been carried out previously.

Costs

Buying permit application = £600 - £1200
Stamp Duty = 6% of valuation levied by land registry office
Lawyers Fee = anything between £300 - £1200