The Importance of Choosing a Real Estate Union Association Member

The Importance of Choosing a Reputable Association Member

Purchasing property in North Cyprus can be an exciting and rewarding experience. With its beautiful Mediterranean climate and stunning landscapes, it’s no wonder that more and more people are choosing North Cyprus as their destination for investment and second home. However, navigating the property market can be a daunting task, and it’s essential to have a reliable and trustworthy real estate agency by your side. In this article, we will explore the importance of choosing a member of the Real Estate Association in North Cyprus and how it can benefit you as a buyer.

When it comes to purchasing property in North Cyprus, working with a reputable real estate agency is crucial. The Real Estate Association in North Cyprus, established in 1988, sets the standard for industry professionalism with its 10 member companies. The property sales system in North Cyprus is similar to that of the UK, with commission rates for real estate services typically falling between 3-5%. In North Cyprus, it is the seller who pays the commission to the real estate agency, with no commission being paid by the buyer.

Real estate association  

It’s important to note that by law, all real estate companies operating in North Cyprus must be members of this association. This means that in the event of any errors or inaccuracies on the part of member companies, compensation will be paid to customers through the association. In the event of a complaint and the real estate company failing to return the amount paid, the offending company will be taken to court and lose the right to obtain a sales license.

When searching for a property in North Cyprus, it’s important to look for companies that are members of the Real Estate Association. You can view the membership form of that company or visit www.kibrisemlakcilarbirligi.com.

In addition to choosing a reputable real estate agency, it’s important to choose the right lawyer when purchasing property in North Cyprus. A credit agreement without the seal and signature of a lawyer is not valid in Cyprus. The Cihanara Company is an official member of the North Cyprus Real Estate Association and always strives to offer the best services for buying property and investing in North Cyprus for the satisfaction of our customers.

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