President of Human Rights Association of Northern Cyprus, Hasan Tarhan, in a recent speech commented on the number of Israeli citizens who buy land and property in North Cyprus. Like any other foreign nation, the Israelis are not allowed to acquire more than 1 donum (1338 sq.m) on the individual, so they enter into a joint venture with the local Cypriots. Land in areas such as Karpaz, Yeni Erenkoy, Tatlisu, Dipkarpaz, are sold to Israeli businessmen through local nominees. Companies of Israel acquire land in Northern Cyprus, registering it in the names to their Turkish Cypriots
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TRNC Luxury Real Estate: A Dream Come True
In the real estate market of the Turkish Republic of Northern Cyprus (TRNC), over 500 properties priced at more than £1 million are up for sale. From luxurious villas to modern apartments, historic mansions, and entire buildings, the variety is astounding. This Mediterranean paradise has become a haven for those seeking premium-class homes.Increased Risk of a Major Earthquake in Cyprus
The Earthquake Research and Application Center (DAUM) at Eastern Mediterranean University (EMU) has issued a critical assessment regarding recent seismic activities in Cyprus and its surroundings. According to DAUM, tectonic movements in the region point to an increased likelihood of a significant earthquake affecting the island.DECREE WITH THE FORCE OF LAW ON THE REGULATION OF THE STATUS OF EXISTING SALES CONTRACTS
DECREE WITH THE FORCE OF LAW ON THE REGULATION OF THE STATUS OF EXISTING SALES CONTRACTS UNDER THE TEMPORARY ARTICLE 1 OF THE LAW ON ACQUISITION OF IMMOVABLE PROPERTY AND LONG-TERM LEASING (FOREIGNERS) (AMENDMENT)Municipalities fine vehicle owners for dumping rubbish
The City Safety Department (Zabita) within the municipalities initiated the necessary penalties against vehicle owners who were found dumping waste into the environment without permission.
