North Cyprus International Property Consultants (NCI) offers a unique North Cyprus bank mortgage and developer payment plan advice service for both investors and lifestyle buyers. With 15 years of experience in the North Cyprus property market and north Cyprus mortgages, we know that at least half of those buying property in North Cyprus prefer to pay in monthly or quarterly installments for their villa or apartment. We take you by the hand and lead you step-by-step through the mortgage and payment plan process.
Until recently, north Cyprus bank mortgages for pre-owned “resale” properties were restricted to Turkish Cypriots working in Cyprus. Overseas visitors buying property in North Cyprus, previously took advantage instead of the non-status payment plans offered by some of developers of new-build villas or apartments, with the villas tending to be off-plan and apartments ready and under construction. However, as of 2018 low-interest, 50% North Cyprus bank mortgages have become available to overseas buyers on key-ready villas and apartments with individual title deeds, subject to the financial status of the buyer. Many of these properties are also fully furnished!
The NCI Mortgage and Payment Plan Advice Service provides the best possible information to those buying property in North Cyprus, about which type of payment plan is right for them. Our customers also have access to exclusive lists of North Cyprus properties for sale – clearly divided into those which are “mortgage-ready” and those which are eligible instead for developer installment plans. It is important to note that ONLY those with an individual North Cyprus title deed are bank mortgage-ready (shared title deed properties are not eligible). To arrange a no-obligation telephone, or skype consultation, just contact NCI using the contact form at the end of this article.