The Geçitkale Land City Project, offering 59 parcelled plots, is designed for those seeking long-term, reliable investment. With the developing regional infrastructure, it has high value and increasing potential.
Build your future today with planning that is compatible with the natural environment, a transparent title deed process, and suitable payment terms.
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%