Change of foreign ownership

3 April, 2014

The General Assembly of the TRNC has modified the law on real estate and long-term land lease to to foreigners. Turkish Cypriot newspaper “Havadis” reported last week that foreigners in the TRNC will now be able to rent or buy up to three properties.

Until recently, foreigners could own only one property or plo

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About Sophia Söderholm 2779 Articles

At the age of ten Sophia moved from Sweden in 1998 and has since lived in several locations around the world including Spain, and has been residing in North Cyprus for four years now. Her educational background is in marketing, hotel management and real estate, and she now works as a real estate agent and is editor in chief for New Cyprus Magazine. If you any questions for Sophia, please write to: sophia@newcyprusmagazine.com.