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Girne, Özyalçin 192, office number 4
Direct from developers without mediators
Officially registered agency
Established in 2019
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Why Us
When buying a property, you need to make the deal right, register the contract in the Department of Lands and Surveys
(In accordance with the law No. 38/2007), as well as to prepare needed papers and submit an application to the Council of Ministers).
Our qualified, licensed lawyers take over the process of formalization your real estate, property right registration and verification of all developer documents (including land title).
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Faq
With an EU passport and a British passport, you can travel from one part to another every day and use any airport on any part of the island.
If you are a holder of a Schengen Visa, then the border between states can be crossed without problems, but you need to fly out of the part of the island where you originally arrived.
If you came to the UK through Turkey and you do not have Schengen or Bulgarian, Cypriot, Croatian, Romanian visas, but just a passport of one of the CIS countries, then they will not let you into the southern part, since this is the EU territory. In order not to irritate the border control of southern Cyprus in the future, you can put a stamp on arrival in the UK on a special form, and not in your passport. Visiting the the Turkish Republic of Northern Cyprus does not threaten you with any future restrictions on obtaining a Schengen visa or visas of other countries.
For sure! For example, some of the most popular are “The English School”, “The American College Girne”, “The Necat British College”
And since Northern Cyprus had close cultural ties with Britain, many private schools teach according to the British system in English and in most cases the teachers are native speakers.
The price of the apartments does not include the following additional expenses which are very important to consider when choosing real estate:
VAT 5% of the property value – this tax must be paid after signing the transfer acceptance certificate, the payment term is most often regulated by a year after receiving the keys and signing the act
TITLE 3% of the property value – registration of ownership of the part of the land on which your apartments are built (this payment also most often needs to be made during the year)
TRANSFORMER FEE – payment from 1000 GBR to 3000 GBR, payment for connecting communications, the number depends on the value of the property and on the construction company
STAMP DUTY 0.5% + 40 GBR of the value of the property is a state duty that is paid upon registration of the contract (i.e. making an initial contribution of 30%)
It is important that the real estate agency work officially with buyers (it must be registered with the Association of Realtors) and pay 16% VAT when making a deal. In general, the best guarantee of the honesty of a deal is its complete officiality. Of course, there are individuals who can be trusted and even save on taxes, but then nothing protects you, except for the decency of the intermediary and a lucky break, which, in the best case, will lead you to a reliable developer. But anything can happen, so be careful!
