K’SABA was designed with the feeling of a modern Mediterranean village, a calm living atmosphere, and a boutique-scale community structure. Offering a balanced, timeless concept in both living experience and investment value, K’SABA adopts the principles of warmth, naturalness, minimalism, and peace.
K’SABA’s architectural identity interprets the deep-rooted aesthetic tradition of the Mediterranean with a contemporary sensitivity. Every detail has been carefully selected; every material, every line has been brought together to create a feeling that belongs to these lands.
In Cyprus
What You Need to Know for a Safe Investment
Conditions for Foreigners to Purchase Real Estate in the TRNC
The TRNC reciprocally provides the rights that other countries grant to TRNC citizens. Within this scope:
- Citizens of the Republic of Türkiye may purchase in the TRNC, in total:
6 apartments, 3 villas within a complex, or 1 plot of land up to 1 donum (1,338 m²), or land with a house on it within 2.5 donums (3,300 m²). - Citizens of third countries (excluding the TRNC and Türkiye) may purchase up to 3 apartments or 2 villas within a complex in the TRNC; alternatively, they may become a company partner and carry out buy/sell or buy/build/sell transactions.
- People who wish to make more than one real estate investment may do so; however, if they purchase more than the legally determined limits, they are granted a 10-year usage right and retain all rights except the transfer of the title deed into their name.
- Shared sales are only possible among TRNC citizens.
- For purchases by foreign nationals, permission from the Council of Ministers is required. This permission process is managed by our experienced lawyers.
- Foreign nationals may obtain a 1-year residence permit, or longer if preferred, by purchasing property in the TRNC. With this permit, they can live continuously in the TRNC, open a bank account, and benefit from all public services.
In the TRNC
Taxes on Real Estate Purchase
When purchasing property in the TRNC, the following taxes apply:
Title Deed Transfer Fee:
TRNC Citizens: 6% (3% on the first purchase)
Citizens of the Republic of Türkiye: First property: 6% – Second property: 8% – Third property: 8% – Fourth Property: 9% – Fifth Property: 9% – Sixth Property: 9%
International Citizens: 9%
