What are exchange deeds Northern Cyprus?

Exchange Title Deed (Eşdeğer) It relates to a property which was in Greek Cypriot ownership before the pre-1974 events. Exchange title deeds were issued by the TRNC government post 1974 to Turkish Cypriot refugees on a points system in exchange for waiving their rights to their abandoned land in the south.

Is Northern Cyprus owned by Turkey?

No country other than the Republic of Turkey has officially recognised Northern Cyprus as a sovereign state. The United Nations recognises it as territory of the Republic of Cyprus under Turkish occupation.

Can I sell my land in northern Cyprus?

It should be noted that even if the owner of a property did not receive title deeds, he still is the rightful owner of the property if his purchasing contract was registered in Land registry of Northern Cyprus and he can sell or rent his property.

How do I sell my property in northern Cyprus?

Although you may have paid Legal Fees when assigning POA and purchasing a property in North Cyprus, it is required to use a solicitor to sell your property as well. This requires a new POA and is a separate fee and transaction, which can cost typically up to 1500 gbp.

Do you need title deeds in Cyprus?

All land in Cyprus has a title deed. The problem commonly arises when the land is being developed into buildings and apartments as a process needs to be undertaken to divide the land into smaller pieces if necessary, convert it into plots allowing construction and actually constructing the properties in question.

Does Turkey claim Northern Cyprus?

Only Turkey recognises the Turkish Republic of Northern Cyprus, while there is broad recognition that the ongoing military presence constitutes occupation of territories that belong to the Republic of Cyprus.

How much of Cyprus does Turkey own?

The Republic of Cyprus occupies the southern two-thirds of the island (59.74%). The Turkish Republic of Northern Cyprus occupies the northern third (34.85%), and the United Nations-controlled Green Line provides a buffer zone that separates the two and covers 2.67% of the island.

Is it safe to buy a property in Northern Cyprus?

The good news is that as the years have passed, various new regulations have been passed which have made a sensible new property purchase in North Cyprus increasingly safe and worry-free – with no more risks with a North Cyprus property than in any other overseas property destination.

Can Turkish citizens live in North Cyprus?

Citizenship is granted to all persons whose mother or father is a Turkish Cypriot or to those married to a Turkish Cypriot. At the moment, there is a new law in parliament to allow foreign nationals to become citizens of North Cyprus after 10 years of residence in North Cyprus.

What does with title deeds mean in Cyprus?

Title Deeds in Cyprus are known as Certificates of Registration of Immovable property. This formal document is evidence of property ownership and includes details about the property’s location, size, and a reference number.

Do I need title deeds to sell my house?

In short, yes you can sell your house without the deeds, however you must be able to prove through other means that you are the owner of the property. As the deeds are the assortment of documents which usually prove ownership, proving it without them can be a more protracted process, but it is by no means impossible.

Can foreigners buy property in Northern Cyprus?

Foreigners wishing to purchase in Northern Cyprus are limited to one property per person or married couple. Alternatively, up to one donum of land (1,338sq meters or 14,400 sq. ft). This restriction does not apply when buying Foreign or Turkish Titles.

How powerful is North Cyprus passport?

The Cyprus passport is one of the most powerful and most desirable passports in the world. It provides its holders visa-free access to more than 175 countries and territories. Cypriot citizenship can be acquired in a number of ways, including by birth, descent, or marriage.