The Buying Process
At Coast & Country Homes, we work with our Buyers to ensure they understand the buying process from A-Z.
1. CHOOSE THE PROPERTY
Coast & Country Homes North Cyprus will show you villas and apartments that suit your particular needs and interests on your Viewing Appointment. We recommend at least 3 days to reserve for the property search in order to view at a comfortable pace.
2. PAY RESERVATION DEPOSIT
Once we connect you with the property you wish to buy, it is important to pay a reservation deposit (usually 2000 GBP for a new build, and up to 5% for a resale property), to take the property off the market and hold if for you at the same price until the Contract of Sale is drawn. This reservation deposit is normally n on-refundable.
3. VISIT THE SOLICITOR
It is important when buying a property in Northern Cyprus to connect with a TRNC solicitor or conveyancing executive. Although Coast & Country has strict legal checks performed on our properties prior to marketing, the solicitor takes an important role for your purchase, including applying for your Permissions to Purchase as a foreigner, Registering your Contract of Sale, and checking Title Deeds and other details of the property. It is important to sign Power of Attorney (POA) with your solicitor to be able to act on your behalf. Please be sure to bring your Passport to your Solicitor appointments.
Coast & Country Homes arranges a free FAQ session with a Conveyancing Specialist, particularly when our clients are paying a deposit, to ensure all of your legal questions are answered.
4. SIGN POA AND CONTRACT OF SALE
When visiting the solicitor it is sometimes possible to arrange Contract signings before you go home. This is recommended, however if your time is precious, as long as you sign POA then your solicitor can arrange signing even once you have gone home.
We can assist with recommending legal representation if you wish, with a UK recognized legal institution.
Please note this is a general guideline of the process. We have assisted hundred of home buyers here both physically on the island, and abroad, to complete the purchase process A-Z. Rest assured we will work with you each step of the way!