Northern Cyprus: property taxes & expenses. Full guide

[@propertynorthcyprus]

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[@propertynorthcyprus]

Timecodes: 00:00 - Intro 00:26 - Taxes & fees for the purchase of primary real estate 02:58 - Taxes & fees for the purchase of secondary real estate 04:55 - Property ownership tax in Northern Cyprus 05:34 - Real estate expenses 06:44 - Conclusion

[@eduardohayden8519]

One question, if you still dont transfer the property on your name and stay under the name of the contruction company, i have to pay squaremeter yearly tax?

[@propertynorthcyprus]

yes, once the construction process is completed. You own your property once you signed up the sale contract, and Title Deed is about owning the piece of land this property was built on (your question was about this part)

[@ConspiracyExplained]

You forgot about electric generator :)

[@propertynorthcyprus]

few people have it here, it's not really a must have