:: Buying Property In Northern Cyprus - Land Titles - Government Leasehold

The TRNC Government owns the freehold of this land. Long-term leases can be granted for 49 years with an option for a second 49 year term. This type of title is normally used for tourism projects. Leases can be transferred directly or via a solicitor upon application to the Ministry of Interior. For example, all the houses in the picturesque village of Karmi are leased to foreigners.