Kıbrıs Developments
Kıbrıs Developments

Our Roots

Your Stories.

Since 1985

we have been creating spaces in our
beloved island Cyprus.

As Kıbrıs Developments...

For 38 years, we have been innovators in the North Cyprus real estate industry, developing groundbreaking projects that have set the standard for the region.

As Kıbrıs Developments, we have based our philosophy on creating developments that reflect all the details that will appeal to today's needs, facilitate, and beautify life, based on historical, cultural, traditional and environmental awareness.

Kıbrıs Developments strives to provide a luxurious lifestyle that is not just limited to a residence, but designed with every detail in mind to create added value for the residents and their quality of life.

As Kıbrıs Developments...
Overview of North Cyprus Overview of North Cyprus Overview of North Cyprus Overview of North Cyprus Overview of North Cyprus 
North Cyprus

Perfect Climate

One of the top reasons to consider buying a home in the Turkish Republic of North Cyprus (TRNC) is the pleasant climate in the region.

This island in the Mediterranean boasts a good climate all year round, with over 300 days of sunshine each year and some of the warmest winter temperatures in Europe. The heat in summer is also tempered by the cool Mediterranean winds, providing relief from the scorching sun.

The temperature in summer hovers around 35 degrees Celsius, and the minimum temperature in winter will not fall below 5 degrees Celsius. Owing to its pleasant climate all year round, North Cyprus has become a top tourist destination and an investment hotspot.

The new Mediterranean property hotspot.

North Cyprus

Safety and Low Crime Rate

They say “location” is the most important factor when buying property.

If you buy property in a prime location, you’ll benefit from various amenities, not to forget the increase in property value due to the upcoming developments in the neighborhood.

But what exactly defines a prime location?

One critical factor is the region’s safety and crime rate. The last thing you want is to buy a home where you can’t even walk alone at night for fear of being mugged. But not in North Cyprus!

This island in the Mediterranean has the lowest crime rates in Europe. According to the latest safety data compiled by ValuePenguin, Cyprus ranked fifth among
the one hundred countries that were analysed. Better still, it was ranked the safest place to live and travel among countries with a population of less than 5 million people.

Be part of this beautiful community!

North Cyprus
Kıbrıs Developments

Rich Culture


Cyprus is known for its rich culture.

The diverse palette of cultures is not only due to the country’s traditions but its cuisine, classical music, and festivals that attract all kinds of tourists. The island’s multicultural character welcomes.

Take the Opportunity to Invest in North Cyprus

Kıbrıs Developments

Low Property Prices

Nowhere in the world will you find more affordable housing by the sea than in North Cyprus. While property prices continue to increase across Europe, North Cyprus provides relief for investors, offering quality and affordable housing for all budgets. This island offers properties such as villas, holiday homes, and residences at very competitive rates.

One of the reasons for the low property prices in North Cyprus is the government concessions to support development in the region. And these privileges aren’t only offered to
Cyprus citizens. The state also provides opportunities for foreigners, including numerous tax benefits.

Kıbrıs Developments

Higher Rental Yields

When you buy property in North Cyprus, you can expect high rental yields.

With tourism booming in this Mediterranean region, visitors are increasingly choosing to rent apartments and villas to stay with their families and friends rather than booking hotels.

If you own a studio or an apartment in North Cyprus, you can expect a 7 – 10% rental yield on your investment.

The new Mediterranean property hotspot.

A safe Investment in North Cyprus

Cyprus has been a popular place for real estate investment due to its spectacular coastline, rich history, and pleasant Mediterranean environment. It is a good investment if you want to create rental income from holiday houses and flats.

Cyprus has a lower cost of living than many other European countries, making it an attractive option. The North Cyprus property market is also very stable, and the government provides appealing incentives for investors, such as tax rebates and residency permits.

Offers a wealth of options and opportunities.

Projects

Projects
QUICK CONTACT

MEDITERRA

Location.
ALSANCAK
Price.

£ 199,000

Social Life
Price
Population
Transportation

Think of a place where the Mediterranean lifestyle meets with sustainable ways of living… and instantly you are surrounded with a wonderful community, sharing stories as well as beautiful spaces, food and a sense of belonging.

MEDITERRA

Our
Approach

approach

Kıbrıs Developments strives to provide a luxurious lifestyle that is not limited to a residence, but designed with details to create added value for the residents’ quality of life.

  • Whilst you sip on your coffee in our office, we’ll guide you through finding your dream living space. Each home is designed in a bespoke service for each client.

  • Our mission is to create modern, safe, practical homes that represent the spirit of island life while always being environmentally friendly. We are constantly in competition with ourselves, with the aim of continuously developing and creating the right structures based on market requirements. We strive to be a company that consistently delivers high-quality buildings and services in a timely and stress-free manner.

  • A company known and respected for its innovation and creativity.

  • A trusted brand that is a strong competitor to its kind, not only on a national level, but also on an international level.

  • A family-run business widely recognized for its top quality service and dynamic team spirit.

FAQ's

WHAT ARE THE PAYMENT OPTIONS?

There are two payment options:

First Plan:

%5 Reservation
%35 Contract Signature
%60 Personal interest-free flexible payment plan until the Key Delivery Date


Second Plan:


Opportunity of up to 10 years with İşbank Credit Programme.

HOW CAN I BUY A HOME IN NORTH CYPRUS?

Kıbrıs Developments Team is here for you to find a Dream House. We have a big variety of unit types that can meet your expectations. Once you make a choice in order to finalize the purchase you will need to have your passport with you.

ARE THE HOMES FURNISHED?

The homes are unfurnished. However, our aftersales services include furniture, white goods and household packages on different price ranges suitable to every budget.

HOW CAN I GET A RESIDENCY PERMIT?

Foreigners who own a property in the TRNC may be granted a 1-year renewable residence permit for the first 3 years and, thereafter 2 years renewable permit provided they have obtained the title deeds (Koçan) registered in their name.

If the immovable property has been purchased by a contract of sale, and the Title Deed (Koçan) has not yet been issued, at least one-third of the sale price must have been paid, and the applicant must have applied for permission from the Council of Ministers to acquire the immovable property (Permission to Purchase).

When you apply for the residency, if you do not have the title deed, you should submit a stamped document from the Taşınmaz Mal Birimi Office in the Interior Ministry which shows the file reference number for your Permission to Purchase Application.

 

Family Residence Permit

 

Couples, co-habiting people, and/or family living in the same swelling should apply for a Family Residence Permit. If only one partner's name is listed, the primary income earner or the person whose name is on the Property Title Deeds (Koçan) should take the role of Sponsor for the Application. Only their salary/pension will be evaluated when making the Application.

Other sponsors who could be considered as a sponsor are TRNC citizens, residency permit holders, business permit holders, student residence permit holders, and foreigners who have been legally working in the TRNC for at least a year.

 

Residence Permit Application Process

 

A residence permit application must be made using the online Residency Application or Student Residence Permit. Foreigners must apply within 30 days of entering the TRNC or before their visa has expired.

Applications for renewal residence permits must be made by 60 days and by 20 days before the expiry of their current residence permit.

 

All applicants must submit their Application using the online Residency Permit System, available at www.icisleri.gov.ct.trSee Online Residency Tab for detailed information on registering on the system. Please note that before registering on the system, you must obtain a Mukhtar's Letter, as you will be required to upload a copy of this as part of the application process.

Once the initial Application is submitted, the applicant(s) will be advised of their appointment date at their District Police Station.

 

The applicant must bring all the required documentation to their police appointment; the required documents can be found below at www.icisleri.gov.ct.tr or through the online system. The Immigration Authority of the District Police Directorate will perform an initial evaluation of the documentation at the appointment and inform you if any required documentation is missing. If you fail to submit the correct documents, the police will advise you of the missing documents and allow you to bring them to the police station within a few days of your appointment. If you fail to submit the missing documents, your Application may be canceled, and you will need to leave the country if your legal permission has lapsed.

Once your Application is approved (at the police interview), you should log into the system the next day and check what actions you must undertake. We recommend you log into the system regularly to find out what actions are required to follow the progress of your Application.

If you have requested a 1-year visa, usually, the request to pay your health insurance online appears on the system immediately; however, if you have applied for a 2-year visa, you may find that the system will show that your Application has been sent to immigration for assessment to determine whether a 2 year visa can be granted. As a result, you may need to wait 7-10 days for the approval to be obtained before you are requested to pay for your health insurance online.

 

Following your police interview you will be asked to pay for your health insurance online. If you are over 60 years of age- you will be asked to pay for your state health insurance (if you do not have an approved private health insurance policy). If you are under 60 years of age you will need to pay for your state health insurance and blood tests online. If you require a 'health check' the system will notify you which clinic you should attend.

Visit the designated clinic for blood & TB tests, return to the clinic after 2 days to check if there is a reaction to your TB skin test.

If your Health Check is approved your Application will be approved to move into the next stage.

Suppose a satisfactory Health Check is not received by the Immigration Department within 30 days from the date of Application. In that case, the applicant will be notified by SMS that the Application has been rejected and you must leave the country within 5 days. People who did not leave the country within 5 days will be considered to have stayed there without permission and will be fined.

In parallel with the Health Insurance/Health Check process, your application documentation will be forwarded to the Immigration Department for further evaluation.

 

A few weeks later, you will be informed via the Online System whether your Residence Permit has been granted. If you are granted a Residence Permit, you will be prompted to pay for the permit online. You should pay for your permit online, and once the payment has been made, you can download and print the receipt. Once the online payment has been completed, log out of the system and log in again; at this point, your Residence Permit will be available for download and printing.

WHAT DOES THE REAL ESTATE SECTOR MEAN IN CYPRUS?

The real estate sector in Cyprus; defines activities within the North Cyprus real estate market, which exhibit differences in their purposes and encompass various property buying and selling processes. Among its fields are included property types such as residences, commercial real estates, and land parcels

WHAT DO I NEED TO KNOW TO BUY A HOUSE IN CYPRUS?

Before buying a property in Cyprus, factors such as the title deed process, tax amounts, and real estate values should be taken into consideration.

IN THE REAL ESTATE SECTOR IN CYPRUS, WHAT ARE THE PRACTICES FOR FOREIGN POPULATION?

The title deed procedures, tax practices applicable to investors, and similar requirements are crucial. You can safely manage this process under the expertise of Kıbrıs Developments.

HOW DOES THE REAL ESTATE VALUATION PROCEDURE PROCEED IN CYPRUS?

Location, square footage, property features, and similar factors are decisive in the valuation process. To accurately determine the value of the property, it is necessary to benefit from expert and competent valuation services. Kıbrıs Developments also assists you in making the right choice.

WHAT ARE THE PAYMENT OPTIONS OFFERED IN REAL ESTATE PURCHASES IN CYPRUS?

In addition to the cash payment option, bank credit can be used or installment options can be considered. Within the scope of bank credit, Kıbrıs Developments stands out among reliable companies with an agreement with Türkiye İş Bankası for the incomplete project.

WHAT ARE THE ADVANTAGES OF INVESTING IN THE REAL ESTATE SECTOR IN CYPRUS?

Cyprus's strategic location, climate, cultural and natural richness, receiving sunshine for 340 days a year, making it one of the most tourist-intensive countries, along with other important features that make this island attractive for investors include increasing demand and value appreciation, as well as offering a reliable, peaceful, and tranquil lifestyle.

WHAT ARE THE TAX OBLIGATIONS IN PROPERTY PURCHASES IN CYPRUS?

The tracking and support of obligations such as VAT, title deed fees, property taxes, and similar duties require the expertise of a consultant. When purchasing from Kıbrıs Developments, individuals work with expert professionals who ensure the tracking of this process.

HOW DOES THE PROCESS OF TITLE DEED PROCEDURES PROCEED AFTER REAL ESTATE PURCHASE IN CYPRUS?

After the contract is signed between the buyer and seller, the title deed registration process begins. It is essential to work with a specialized lawyer who will handle this process and communicate with the government. Kıbrıs Developments, with its expert and experienced staff, makes the process easier for you.