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Sale And Resale In North Cyprus

Real Estate Agents resolve is to match the perfect North Cyprus property with the right buyer. They will represent your interests at all stages and safeguard your investment by guiding you through all aspects of the process of the overseas property buying procedure.

When choosing a Real Estate agent it is imperative to check that they are only working with reputable, government registered and dependable construction companies in North Cyprus. Your agent will introduce you to independent, honest, reliable and trustworthy legal representatives, who are fully versed in all local conveyancing matters.

The Real Estate Agents we have featured within our web site have wide portfolios, whether you are looking for a new build, traditional renovation project, re-sale or buying a property off-plan as a retirement or holiday home or as pure investment, they can help you every step of the way.

It is possible to register with the Real Estate Agents before visiting the island, that way you can browse their web sites and see the properties they have to offer and short list those you may wish to see on your inspection visit, saving you time on your precious trip.
By giving the agents as much information as possible regarding your personal requirements they can update you as new properties come to the market.

The Real Estate Agents can arrange appointments for you to visit your chosen properties, they will always send a representative to accompany you to the viewings, this will give you the comfort of knowing you have a contact to ask all those important questions you may have regarding, location or specifications of the properties you are viewing.

Once you have chosen a property, leave the rest to your agent, they will initially make a verbal offer to the vendor on your behalf, if the offer is accepted they will then help you locate an independent lawyer to help you through the contract process. It is important to know that there are no financial obligations at this stage, until the contracts are drawn up, although it is normal for the vendors to ask for a holding deposit to be left with your lawyer, to take the property off the market. Holding deposits in general are refundable until the contracts are signed, however it is best to check this situation with your Real Estate Agent.

It is imperative that you have a local independent lawyer who is well versed in local conveyancing law. They will make all the relevant checks on the property or land to ascertain that all the building permits have been obtained, verify the properties boundaries and check with the local land registry to make sure the property and land being purchased is clear from any influence that may affect the properties value.

Once your lawyer has checked all the above then the contract will be drawn up, a time frame will be set for signing and exchange. The lawyer will then apply to the council of ministers for your permission to buy which may take between 6 – 12 months. Once the permit has been issued then you are able to register your name with the Land Registry Office as the legal owner. This process does not affect you moving into your property, which can be done on completion if it is a new build or once the final payment has been made and the keys have been handed over. Once you have your keys you are now the proud owner of your overseas investment home. If you are buying an off-plan or a renovation project then your lawyer will advise you of the due dates for the stage payments.

 
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