Four Vision Development

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Frequently Asked Questions

FAQ

Popular Question

Where to buy Investment property in Cyprus
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Associated with Four Vision Development Ltd

In 2017, four leading real estate companies The North Cyprus in Turkey were merged to form Four Vision Development. The real estate giants are Dovec Group, Recaioglu Group, Noyanlar Group, and Tunali Group.

Four Vision Development is currently focused on the projects that have been established on the Island of Iskele Bogaz. However, we are on the move to expand our project areas to several other locations on the Island.

Our project, as one of the few, is located directly on the beach. The entire infrastructure, such as shops, swimming pools,spa,gym, restaurants, is located directly at the housing estates. We use high-quality materials to finish the houses, so you can enjoy them for years.

Our property prices range from 135,000 GBP to 254,000 GBP. The price is based on the number of bedrooms, the living area space, and the location of the property

Well, we have been in business for 50 long years though Four Vision Development Ltd was established in 2017. So, we have the industry expertise, brand value, and experience to maximize your investment securing a huge return for you.

First, you need to schedule a meeting with our consultants through our official website or other available ways (Emails, WhatsApp, etc.). They will list your requirements and let you know about the high-potential projects that we will have for you. However, it totally depends on you to make any decision based on your budget and other preferences.

Apart from that, you will get:

  • Consultation Services.
  • Real Estate Maintenance Services.
  • Site Management Services.
  • House Renting Services.

 

Professionals with expertise deal with those services to make sure that our clients can meet their demands.

First, we develop a payment plan to send to the investor which question is about resale as I understand and below the answer for purchasing process  is followed by a pre-payment for the reservation of the house/property.  Then, we ask for the down payment from the client along with a legitimate contract to initiate the sale.

Our customer representatives are always ready to guide you

Certainly, you can. The regions of North Cyprus where we offer services are:

  • Famagusta
  • Nicosia
  • Iskele
  • Kyrenia

Associated with Legal Matters

Inspection Trips

Who wouldn’t want a beautiful, luxurious, and well-maintained property on the breath-taking views of North Cyprus, right in the heart of the Mediterranean? However, surveying and traveling to find an ideal location can sometimes be quite confusing and challenging, but not anymore!

 

You can participate in any of the Four Vision Development Ltd  comprehensive inspection trips in North Cyprus in order to become familiarise yourself with the North Cyprus vicinity!  At Four Vision Development, we prefer to deal with each client personally. 

The answer is ‘Yes’. You will require a visa to get residential status. However, people from most European countries get an on-arrival visa for 3 months. If you need more time, you may apply appropriately revealing the fact that you are trying to settle here permanently.

The answer is ‘Yes’. 

It will require your passport as the only document to purchase any property.

Basically, it follows the British Legal System. 

You will be required to pay the following taxes when purchasing property in North Cyprus.

1) VAT You will pay a 5% Value Added Tax on your purchased property and will be liable to pay this within 3 months before you get the keys.
2) Stamp Duty This is one of the mandatory taxes and should be paid within 75 days after you sign the contract of sale. It consists of only 0.5% of the value of your purchased property. Once the contract is signed, you are payable to the Tax office for the registration of the contract of sale in the Land registry.
3) Transformer Charge Just like VAT, this is also to be paid within 3 months before receiving your keys. The amount of transfer charge depends on various factors such as the provision of electricity, water communication, telephone, etc. Thus, its value or rate is not fixed.
4) Transfer Fee This is the last step before transferring the title of the property to your name. The Land Registry Transfer Fee is determined based on nationality and number of purchases (6%, 9%, 12% ). For international buyers, half of the Land registry transfer fee should be paid during the contract registration.

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Latest News

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