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Statutory cap on foreign ownership within one parcel

Rule record · last verified 23 September 2026

Superseded This rule stopped applying on 6 August 2026. The current rule is Current cap: at most eighty per cent of a housing project may be sold to foreigners. The record is kept for history.

Rule · superseded

Under the law, where apartments are bought, more than half of the properties on the same parcel may not be bought by foreigners who are first-degree relatives of each other or of the same nationality, and at least twenty per cent of housing projects in development areas may be sold to TRNC citizens and to citizens of recognising states.[1]

Practical implication

While a decree with force of law is in force, the rule is that at most eighty per cent of such projects may be sold to foreigners.

Applies to

Property type:
Apartment

Where this rule comes from

Instrument
Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024, Article 8(10); penalty in Article 16(5)
Authority
Assembly of the Republic (Cumhuriyet Meclisi), TRNC
Jurisdiction
Turkish Cypriot administration (TRNC)
Basis
Legislation · asserted by us within this jurisdiction
Verification
Primary source verified. We read the primary text ourselves on 23 September 2026.
Legal review
Not yet reviewed by a named legal reviewer.

Lineage

Regulatory events

History of this rule

  • — First published from the primary text. (version 1, First published)
  • — M1 truth-reconciliation mechanical fix (master plan §10, Bucket D; research/candidates/cand-correction-decree-89-2026-supersession-links-missing.json): marked superseded by decree-same-parcel-cap-eighty-percent per event-2026-08-07-decree-89-2026, which already recorded this supersession — the same defect and fix already applied to the transfer-deadline, tax-deadline and investment-purchase pairs (see e.g. statutory-tax-deadline-sixty-business-days). No legal conclusion changed; this rule's own statement is unedited. Not a Founder-reviewed correction like those three — recorded here as a mechanical data-consistency fix only, pending the Founder's own sign-off if a formal review record is wanted. (version 2, Corrected)

Sources for this rule

Numbered in order of first use. Each entry names the kind of source it is and the day we read it.

  1. [1]
    Immovable Property Acquisition and Long-Term Lease (Aliens) Law, No. 52/2008, consolidated with amending Law 39/2024

    Central Legislation Office, TRNC · Legislation and gazettes · 10 November 2008 · original in Turkish · accessed 14 September 2026 · source record

Cite this record

https://northcyprusreference.com/en/rules/statutory-same-parcel-cap

Identifier statutory-same-parcel-cap · Open data · challenge this rule