Phone: +90 (0) 533 841 4380 Language: English Russian Norwegien
               
View Previous View Next
FAQ
North Cyprus:
How can one travel to North Cyprus?
Any accommodation recommendations?
How long can I stay in North Cyprus?
Can I bring my pets with me?
Can I drive with my UK license?
What are the money and banking regulations in North Cyprus?
Can I ship my personal possessions over from the UK?
What is the education system like in North Cyprus?
What is the official spoken language?
What is the time difference with the UK?
What is the electricity current and what sockets are used?
What is the climate like?
Project:
Where is Sweetwater Bay located?
What is the status of construction?
What are the current maintenance charges?
Do all the units have parking facilities?
What are the interior style features?
Is there a golf course nearby?
Can you arrange an inspection visit?
Purchase:
What is the purchase procedure?
What is the payment plan?
What extra purchase charges are there?
How much are solicitor fees?
Is it safe to buy in North Cyprus?
Where is Sweetwater Bay located?    [Back to Top]
Sweetwater Bay is a located in a stunning natural sea front landscape east of Kyrenia, below the picturesque village of Tatlisu in North Cyprus. The entire district is in a development process, with increased entertainment and dining facilities. The village site is bounded by two natural streams and lies above a private secluded bay, the best as the Mediterranean offers. The new coast road passes half a mile south of the village, allowing easy, fast access, yet maintaining required privacy.
The north cyprus properties Development offers a variety of accommodation possibilities: Bungalows, villas, garden apartments and penthouses, as well as numerous fully developed public features and facilities, including swimming pools, dining, recreation and access to a private beach.
What is the status of construction?    [Back to Top]
Sweetwater Bay is a completed development, fully operational since 2009. All facilities are operational and the site is managed by an appointed Management Company (Rainbow Management Services: rms@cyprus.com)
What are the current maintenance charges?    [Back to Top]
Current maintenance charges are £60 per apartment, per month. Charges cover all maintenance of shared and public areas, the gardens, swimming pools, fitness center, security, lighting of communal areas etc. The north cyprus property site management company also offers additional services at extra cost, such as laundry and housekeeping, as well as a rental service for owners wishing to rent out their properties.
What is the purchase procedure?    [Back to Top]
Once you have chosen your unit type, you will be required to pay a reservation fee of £1,000. Following, You should appoint a local solicitor of your choice (we can recommend) who will deal with the contract. You are able to appoint him/her power of attorney if you are not able to travel across at that time and he can then also apply for the purchase permit from the Interior Ministers office and transfer of title. Most solicitors charge approximately £1,000 for this service. The transfer of title takes around 6 months to complete.
What is the payment plan?    [Back to Top]
£1000 GBP Reservation deposit is needed to secure your choice 50% minus deposit within 30 days of contract 50% (balance) at keys handover
What extra purchase charges are there?    [Back to Top]
Costs of buying property in Northern Cyprus.
Below is an approximate example of the additional costs that you can expect when investing in a property in Northern Cyprus. The figures have been calculated using a valuation figure of £100,000.
1. Purchase Tax of 3%: £100,000 x 3% = £3,000 [Purchase Tax is 3% for the first purchase only. For second and after Purchase Tax is 6%]. Purchase Tax is payable on transfer of title. Purchase Tax is based on the Land Registry’s valuation (assessment) of the property. Assessed value is usually considerably less than (around 60% of market/sale price) the selling price since only bricks, mortar and size of land are taken into consideration, not fixtures and fittings.
2. VAT (KDV in Turkish) of 5%: £100,000 x 5% = £5,000 (VAT is payable on delivery of the pproperty, along with the last payment).
3. The costs of the electricity meter, water meter, and charge levied by the Telecommunications Office for connection of telephone lines sum up to approximately £280. (Gas (LPG) is bottled in Northern Cyprus).
4. Charges for provision of sewerage/electrical infrastructure facilities: £1,000.
5. Solicitor’s (legal) fees are around £1,000 (Legal Fees usually include search, preparation of sales agreement, application to buy from the Council of Ministers and transfer of title at District Lands Office services).
6. Municipality Fees: 1% x £3,000 = £30 (1% Municipality Tax on 3% Purchase Tax).
7. TOTAL £9,770 (9.77% of purchase price or valuation, assuming that the two amounts are equal). Click here for full information regarding this issue.
How much are solicitor fees?    [Back to Top]
You will need to hire a local solicitor. Most reputable solicitors charge around £ 1,000. We have a list of recommended solicitors you may want to use.
Do all the units have parking facilities?    [Back to Top]
All villas and Bungalows have one private parking space within the plot. All apartments have at least one parking space, located beside or very near to the properties (in a communal parking area).
What are the interior style features?    [Back to Top]
Each property has been dressed with a compatible set of color, tiles and kitchen / wardrobe units, according to the three design styles offered initially at Sweetwater Bay: Mediterranean, Natural & Traditional. At this stage, as all properties are built, no changes to style are possible any longer.
Is there a golf course nearby?    [Back to Top]
A fully operational 18 hole golf course, is located close to the village of Esentepe (about 10 minutes drive from Sweetwater Bay).
How can one travel to North Cyprus?    [Back to Top]
Cyprus Turkish Airlines, (0207 930 4851) fly regularly from Stansted, Heathrow, Gatwick, and Manchester to Ercan. Flights are also available from Glasgow on Mondays from May to October. You can also contact,
Turkish Airlines (0207 766 9300)
email mailto: cyprus@flightcabin.com
Cyprus Paradise (020 8343 8888) and Green Island Holidays (020 7637 7338) both offer flight only deals to North Cyprus.

Alternatively, there are both scheduled and charter flights to Larnaca in South Cyprus. Larnaca is about an hour drive to Sweetwater Bay (Via Pyla border crossing).
Any accommodation recommendations?    [Back to Top]
Cyprus Turkish Airlines, (0207 930 4851) fly regularly from Stansted, Heathrow, Gatwick, and Manchester to Ercan. Flights are also available from Glasgow on Mondays from May to October. Contact our Cyprus staff at +90(0)533 841 4380 and we gladly assist you with reservation.
Can you arrange an inspection visit?    [Back to Top]
Contact our Cyprus staff at +90(0)533 841 4380 for further information.
Is it safe to buy in North Cyprus?    [Back to Top]
It is safe to buy in North Cyprus provided the right title deed applies to the property. There are three types of freehold title in North Cyprus. Pre 1974 Turkish (or foreign) Title. The safest and best, but almost impossible to find now days.

TRNC Esdeger (Exchange) Title. This means that the Turkish Cypriot owner has been given this land in exchange for the equivalent piece of land they owned in the South. This type of land is increasingly hard to find, especially close to the sea. All of Sweetwater Bay is located on Exchange Title land.
TRNC TMD Title. This is where no exchange has taken place, and therefore there may be some compensation payable as part of some future political settlement to the Cyprus issue. Most developments are being built on TMD land.
Sweetwater Bay does not develop projects on TMD Title lands.
How long can I stay in North Cyprus?    [Back to Top]
British and the majority of Western Europeans receive an automatic 3 month visa on arrival. You can then apply for an extension to stay for longer or if you plan to settle permanently, apply for a residency permit.
Can I bring my pets with me?    [Back to Top]
Yes, providing that they have the necessary vaccinations on their pet passport form, which will have been completed by your local vet. They then spend a 4 week period in quarantine.
Can I drive with my UK license?    [Back to Top]
You can drive with your UK license for a period of 3 months, after this time you will need to apply for a permanent TRNC driving license. All driving in Cyprus is as UK, on the left.
What are the money and banking regulations in North Cyprus?    [Back to Top]
Northern Cyprus offers a well organized banking system, with many banking facilities catered for. Some local banks operate their own branches in London and others have arrangements with major UK banks. HSBC has a full service presence here in North Cyprus. A deposit account can be opened with ease whether in Sterling pounds or any other major currency and funds can be drawn in that denomination or in Turkish Lira (YTL), which is the local currency of North Cyprus.
Can I ship my personal possessions over from the UK?    [Back to Top]
There are several container companies that provide this service; we recommend you obtain a selection of quotes beforehand.
What is the education system like in North Cyprus?    [Back to Top]
There are many bi-lingual schools in Northern Cyprus from infant through to University. The level of education given in the schools is generally high.
What is the official spoken language?    [Back to Top]
Turkish is the official language of North Cyprus, but English is used widely, especially in business.
What is the time difference with the UK?    [Back to Top]
Northern Cyprus is 2 hours ahead of UK GMT time.
What is the electricity current and what sockets are used?    [Back to Top]
The voltage and the plug sockets are the same as in UK (3 pin).
What is the climate like?    [Back to Top]
Cyprus has long hot summers and short mild winters. The island receives around 300 days of sunshine a year and in summer temperatures easily reach the 30s. The sea temperature even in winter rarely drops below 16 degrees, making the opportunity to swim in clean, clear waters stretch long past the usual summer. Check today's weather on Cyprus.
Weather
Newsletter
Follow Us
Follow SWB on Twitter Follow SWB on Facebook Follow SWB on YouTube 
Contact Us
Home  |   Development  |  North Cyprus  |  Gallery  |  Properties For Sale  |  Awards  |  About Us  |  Contact Us  |  Testimonials  |  Investment & Taxes  |  FAQ  |  News  |  Investment Partners
All material for illustration purposes only and subject to change. Company will be bound only by signed contract and appendices. All prices are in UK GBP.
Copyright © 2010 SweetWater Bay North Cyprus Properties | Web design & Forms by FormLogix Form Builder FormTitan