How foreign nationals buy
Foreign individuals and qualifying companies may buy property under Law 52/2008 as amended by Law 39/2024. Some of its rules currently apply as replaced by Decree-Law 89/2026 (Official Gazette No. 147, 7 August 2026, in force the same day), which replaced the earlier Decree-Law 63/2026. Council of Ministers Permission to Purchase (PTP) is required. While Decree-Law 89/2026 is in force, the stamped agreement or sales contract must be registered at the relevant District Land Registry and the PTP application filed with the Ministry of Interior within one month. The taxes and fees due at that stage must also be paid, so ask the Land Registry which amounts are due at registration. If this is not done in time, the contract becomes void automatically. A KTEB-registered real-estate agency can prepare the sales contract and transaction file and coordinate both submissions; an authorised representative or lawyer may also act where appropriate. PTP processing time is not fixed, so use a case-specific timetable rather than a generic estimate. Decree-Law 89/2026 is temporary: under the TRNC Constitution a decree-law of this kind is valid for 90 days, and its own preamble says the permanent amendment to the law is still before an Assembly committee. When the decree stops applying, the rules may change again, so confirm the current position with a lawyer before you sign.