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North Cyprus Property Buy, Property Sale in Northern Cyprus
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North Cyprus Estate Agents
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EMAIL: info@stringerestates.com - TEL: 0090 392 8158844, UK Office 01279 870083

Buying and selling property in North Cyprus

Buying a Property in North Cyprus

Buying holiday property or land, retirement or investment in North Cyprus has now become an everyday occurrence. There is such a wide variety to choose from.

If you are a first time buyer in North Cyprus we advise that you spend time to decide exactly what you want from your property in Northern Cyprus. Take time out to research our web site for the best area and type of North Cyprus property that suits you.

North Cyprus property prices have for many years been much lower than other parts of the Mediterranean, mainly due to the political situation. People are now realising that North Cyprus offers a great property investment opportunity or to retire. Over the past five years, the price of North Cyprus property and land has slowly started to rise. It is very likely that this trend will continue until prices come into line with the rest of region. There will never be a better time to invest in North Cyprus.

Buying Land in North Cyprus

Build the House of your dreams.

If you have always dreamt of building your dream home in a beautiful setting, you can fulfil your dreams with an individual architect designed villa built to your own specifications or a standard design provided by your builder. We have a large portfolio of North Cyprus land for sale.

Buying Off Plan

Another popular option is to buy off plan property. It is more cost effective to purchase during the construction, rather than buy when the property is finished. The earlier you buy during the construction period, the less expensive the purchase price. Another advantage is you are able to choose the finishing touches. You can decide on the type of kitchen units that will be fitted, and which tiles and bathroom suites, you might like in your new home.

Tips on Purchasing

Simple rules

  1. Organise your finances before you enter into an agreement to purchase a property, sign an agreement or pay a deposit.
  2. Never enter into a contract that you do not fully understand or are happy with.
  3. Always seek independent advice before agreeing a property purchase.
  4. Make a full and thorough check with your Northern Cyprus estate agent and vendor as to the full costs that you might incur for the legal work and local government taxes or charges during the purchase of your property.
  5. Remember that there will always be extras to your purchase price. Budget for your Legal fees, Taxes and you will need insurance on you property.

Selling Property in North Cyprus

Establishing the correct real estate selling price is the most important part of your strategy. To find the right market is so important. If you over price your property people will not take the time to view. If your property price it too low, the result is obvious, you lose money, virtually giving money away. You must thoroughly research the market. It is very easy to get carried away believing that the highest price that you have been told is the right one. You must look at similar properties on the North Cyprus real estate market and see what prices they have achieved and also what prices are being asked for similar properties that are currently on the market.

The higher your asking price of your villa, apartment or land is, the longer you might have to wait for a sale. The more attractive the price, the more people will view. The more people who view your property, the better the chances of a sale of North Cyprus properties.

Some North Cyprus estate agents might over value your property in order to get your home on their listing. They purposely inflate the price, knowing it is what you want to hear, but knowing that the price would be difficult to achieve.

Obviously you will not be surprised if a prospective purchaser offers you a lower price than you are asking. You should always fix a price which leaves you room to negotiate.

Having decided on the right price for your property in North Cyprus and the right estate agent you should hopefully have regular viewings. First impressions of buyers are most important. The less clutter in your home the easier a prospective purchaser can visualise how the property will look if they were living in Northern Cyprus. Clear everything away. Also lighting can make a difference, make sure that everywhere is nice and bright. And make sure that your villa or apartment smells nice.

Sole Agent

Granting a sole agent or not. Why not give the sale to all the estate agents?

By granting a sole agent you are making that estate agent totally responsible for your TRNC property.

If you appoint a sole agent you have someone who you can contact and the estete agent is much more responsible to the seller.

Competent, honest and professional help by Stringer Estates, Northern Cyprsu real estates, can help you to achieve your property sale more easily.


 
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Stringer Estates - Registered Northern Cyprus Estate Agent, Union Membership No: (169)

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