Foreign citizens who are owners of property in Northern Cyprus, and received titles to this property, must pay an annual tax on the property before the end of April. Annual property tax is 1 Turkish lira per each sq.m. of the property, as well as an additional 25% for the pool. Taxes may also be paid by two instalments, in April and September.
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More than 21 thousand houses are waiting for buyers in Northern Cyprus
As of the end of March, it was established that in Northern Cyprus there were more than 21 thousand houses offered for sale waiting for buyers. Economists note that stagnation in the real estate sector has led to an increase in the number of homes for sale.Karpas Research Station opened on Ronnas Beach
A research station has opened on Ronnas Beach, on the Karpaz, one of the most important spawning grounds for sea turtles. It will now host numerous studies, including turtles, migratory birds and wild donkeys.Marash is a billion pound project.
a consortium of billionaire businessmen from around the world, as well as the world's most successful hoteliers, has prepared a billion-pound project for Maras.Multi-storey parking projects in Kyrenia
The Mayor of Girne, Murat Şenkul, made a statement about the multi-storey parking projects initiated to solve the parking problem in the center of Girne and areas of Kervansaray.
