How to Buy Property in Northern Cyprus with Installments — Step-by-Step Guide 2025
Buying property in Northern Cyprus has never been easier — especially with interest-free installment plans directly from developers. Whether you're looking for a beachfront apartment or a private villa, you can now own real estate without needing a mortgage or complicated paperwork.
In this guide, we'll explain how installment payments work, what terms are offered in 2025, and how Alliance-Estate helps foreign buyers invest with confidence.
Why Northern Cyprus?
– Affordable prices: apartments from £85,000, villas from £300,000
– British-based legal system — clear and secure transactions
– New 2024 law: foreigners can buy up to 3 properties
– Up to 5-year residency permit upon purchase
– Safe region with growing demand and a stable property market
What Is an Installment Plan?
Installment plans in Northern Cyprus are 0% interest direct payment agreements with developers. No bank loans, no credit checks.
Typical terms include:
– Down payment: from 30–40% of the total price
– Remaining amount: paid over 24–60 months
– Interest rate: 0%
– Residency permit eligibility after paying the down payment and signing the contract
Step-by-Step Buying Process in Installments:
Choose your property
With Alliance-Estate, you select a new development or ready apartment from trusted developers.
Reservation
A small deposit (usually £1,000–£2,000) reserves the unit and locks the price.
Contract signing
A legal contract is drawn up, specifying the price, payment schedule, delivery terms, and title transfer.
Initial payment
You pay the agreed down payment — usually 30–40%. This makes you eligible to apply for residency.
Installment payments
The rest is paid monthly or quarterly, with no interest. Some developers offer a grace period of 6 months.
Key delivery
If the property is ready, keys are handed over after 60–80% of the price is paid. You can move in or rent it out immediately.
Good to know:
– Many properties are fully furnished — ready to move in or rent
– Buying early (off-plan) gives you a 15–25% price advantage
– You can buy remotely with Power of Attorney
– Alliance-Estate handles legal checks, contract registration, and post-sale support
Why Is It Profitable?
– No need for a mortgage or bank approval
– No interest — pay only the price of the property
– You can rent the property during the payment period
– Get legal residency through ownership
– Property value grows 5–10% annually
Examples of Properties with Installment Plans:
– Studio in Caesar Blue, Iskele — from £95,520, up to 36 months installment
– 1+1 Apartment in Long Beach — from £136,000, 3-year plan
– Villa in Sparda Villas, Yeniboğaziçi — from £396,000, 24-month plan
Browse available options here:
www.alliance-cyprusproperty.com
Conclusion
Buying property in Northern Cyprus with installments is a smart and accessible way to invest in real estate abroad.
Alliance-Estate provides access to top projects, full legal protection, and full support from the moment you inquire to long after the keys are handed over.
Request a free consultation today — and get personalized property recommendations for your budget.
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