What is to be understood from the “1 donum” limitation for aliens acquiring immovable property in North Cyprus?
Cap 109, the law regulating the acquisition of immovable property by aliens in the North Cyprus, prescribes some limitations for aliens. The right of aliens to acquire immovable property in North Cyprus is limited with 1 donum. However, it should be noted that the 1 donum stated above should be considered as 1 donum at the most. It should not be understood that the total size of more than one property doesnt exceed 1 donum. In other words, what is basis is only 1 immovable property. An alien can acquire any other immovable property after he/she has bought a flat and/or villa and/or land of less than 1 donum. Q: According to the Annan Plan, what kind of regulations will be applied for Greek Cypriot immovable properties acquired by Turkish Cypriots through equivalent points in return of the immovable property they owned in South Cyprus? A: Turkish owners who had left immovable property in the South of the island shall have some choices. a- Acquiring the title deed of the equivalent prope
