Selling your house in North Cyprus

tanman


Joined: 17/02/2007
Posts: 25

Message Posted:
15/06/2009 15:05

does anyone know if you can sell your house in North Cyprus privately. I did hear that it was law that you go through an estate agent (5-6% - ouch), not sure if this was a romour or if it was true is it true now?



Any advice would be helpful!

billyboy1


Joined: 01/06/2009
Posts: 590

Message Posted:
15/06/2009 15:07

I have had friends sell privately.......but still get it checked, you never know with turkish laws, they seem to change from day to day

Wiser


Joined: 30/07/2008
Posts: 796

Message Posted:
15/06/2009 15:27

You can sell privately unless it is over a certain amount. You will need to check the amount but I am sure that it is over £200,000. Your solicitor will be able to confirm the amount.

tanman


Joined: 17/02/2007
Posts: 25

Message Posted:
16/06/2009 10:56

Thanks for the advice - will ask solicitor

ozankoys


Joined: 20/06/2008
Posts: 905

Message Posted:
16/06/2009 10:59

As far as I am aware the necessity of going through an Estate Agent is suspended at the moment as part of the discount package ending on July 8th.

After this if the discount is not extended the Kocani would have to be in your name, if it is still in the builder's name you would not be able to sell privately as he is classed as a professional seller.