Attr. Çise Gürkan

One of the most important decisions you will need to make when setting up a private limited company in The Turkish Republic of Northern Cyprus is determining whether the company will be taking title of any immovable property. Not only will this decision have an impact on planning the corporate structure but it could also mean that in the absence of the appropriate corporate structure the company may encounter certain restrictions and requirements when acquiring property.

This checklist outlines the top 9 issues to consider prior to and during the conveyancing process and how to ensure that the process moves forward smoothly and efficiently while keeping your interests protected at all stages.

At Gürkan & Gürkan we understand that the conveyancing procedure and the legal requirements may seem complex and overwhelming at first, especially if you are an overseas purchaser. From this perspective we have created this guide to purchasing property in North Cyprus, offering a simple overview of the permission to purchase procedure and the main stages involved in the conveyancing process. It is important to note that this article should be regarded as a general guideline only and you should always seek expert legal advice about how the rules apply to your own individual case and needs. For further information on any of the issues raised in this guide or other property issues, please do not hesitate to contact our experienced team.