:: Buying, Selling & Running Costs In Northern Cyprus - Selling Costs

• There are no government restrictions on selling your property in North Cyprus. 
• The Vendor pays 3.5% capital gain tax when selling. On the first sale of up to one dצnm, it is possible to get an exemption from this duty. 
• If you want to pass the property to the name of your children then there is a transfer tax of 0.2%, i.e., £2 per £1000. 
• Our local partner agencies, offer competitive rates and fast results if you want to sell your property (see Links)