The terms of payment depend upon the property you buy. Re-sale property is paid fully on the exchange of the contracts, however a reservation payment to your solicitor is advisable, which takes the property off the market until the title deeds are checked and the contracts exchanged.
The payment terms for a newly built or built to order property varies depending upon the construction firm. It could be from 100% upfront to 10-30% deposit with monthly instalments until completion. Please indicate your financial position and your preferences regarding how you would like to settle your purchase. As we are not tied to one specific contractor we would be able to find right property for sale in Northern Cyprus that would suit your financial status.