Letting A Property In Northern Cyprus

Many people who have acquired, or who intend to acquire, an immovable property in the TRNC may consider earning some additional income from the letting of their property either for short term holiday lets or long term rentals. Whether the said property is in your name or not it is vitally important that you comply with TRNC tax requirements – if you fail to do so the property may be accruing tax arrears on unpaid rental income and it will be your responsibility to resolve.

In order to avoid such problems our team at Erginel Law has prepared a guidance on letting a property in the TRNC.

A Tenancy Agreement is a legally binding document which gives the tenant the right to live in the rental property, and the landlord the right to receive a rent. In general, the tenancy agreement should include the following information: