The case of Simon Aykut, detained in South Cyprus over allegations related to the purchase and sale of former Greek Cypriot property in the Turkish Republic of Northern Cyprus, was heard in court yesterday. Aykut’s lawyer, Nikoletta Haralambidou, challenged the jurisdiction of the Greek Cypriot court, stating that the charges involve property transactions outside the control of the "Republic of Cyprus" and that the court has no right to hear this case under international law. Prosecutor Elena Kleopa presented her counterarguments, claiming that the case concerns Cyprus's territorial integrity. The court’s decision is expected on November 8, 2024
Share on social networks:
North Cyprus Real Estate 2026: Property Prices, Rental Yields and Investment Guide.
North Cyprus Real Estate 2026: Property Prices, Rental Yields and Investment Guide.Rental Prices in North Cyprus Continue to Climb
Latest statistics reveal that apartment rental prices in the TRNC have increased by nearly 47% in Turkish Lira terms and around 24% in British Pounds over the past year. Kyrenia, Lefke and Iskele remain the most expensive regions, while rental properties priced in Turkish Lira are becoming increasingly difficult to find. Discover the latest market trends and regional rental price differences across North Cyprus.New Property Ownership Rules for Foreigners in North Cyprus — 2026 Update
The Turkish Republic of Northern Cyprus (TRNC) has officially introduced new regulations governing property purchases by foreign nationals and foreign legal entities.Immigration Amnesty in the TRNC — May 2026
In April–May 2026, new amendments to immigration legislation came into force in the Turkish Republic of Northern Cyprus, introducing a temporary immigration amnesty for foreign nationals residing in the country without valid legal status.
