Private Capital · Commercial
Commercial property in North Cyprus: buyers and confidential NDA mandates
As of 29 October 2026, NORTHEA offers two private services for commercial property in North Cyprus. Buyers get sourcing against a written brief, due-diligence coordination, whole-building acquisition and business transfers. Owners, and any client who asks for an NDA, get a separate confidential mandate shared only with qualified clients. NORTHEA publishes no commercial listings. Price upon request. NORTHEA forecasts no return.
As of 29 October 2026 · NORTHEA desk · Legal review: checked by a lawyer registered with the KKTC Bar
Buyers: acquire a commercial property or a business
Who it is for
For clients who want to acquire a commercial asset, a whole building or an operating business, including professional and institutional buyers.
What NORTHEA does
- Sourcing against a briefA private search against your written brief: the asset type, the area, the use you intend and the documents you want to see first. Nothing is advertised.
- Whole-building acquisitionFor a whole building or a retail parade, tenants and lease terms are analysed one by one. In a mixed building the retail and residential parts are analysed separately.
- Business transfersWhen a business is sold with its premises, the property and the business are reviewed as two things. Whether a licence passes to a buyer is a question for independent TRNC counsel.
What happens next
- BriefYou send a written brief: asset type, area, intended use and the documents you want first.
- QualificationNORTHEA confirms that the brief and the buyer suit a private search.
- IntroductionSuitable assets are introduced privately. Nothing is listed or advertised.
- Legal review: checked by a lawyer registered with the KKTC BarYour own independent TRNC-licensed lawyer carries it out; NORTHEA coordinates it.
- Due-diligence dossierNORTHEA assembles the dossier, keeps the checklist and the deadlines, and says plainly when something is missing.
What we do not show
- No public listingsNORTHEA publishes no commercial listings.
- Price upon requestNo commercial price, rent or vacancy data is published.
- No yieldsNORTHEA forecasts no return. The commercial dossiers on Private Capital are illustrative examples, not offers or current inventory.
Confidential and NDA: a private mandate for sale or lease
Who it is for
For owners who want to sell or let a property or a business discreetly, and for any client who asks for an NDA. A confidential mandate is shared only with qualified clients, under an NDA.
What NORTHEA does
- Confidential mandateNORTHEA acts on a written mandate to sell or let a commercial property or a business. The mandate is private and is not advertised.
- NDA on requestAny client may ask for an NDA. It is handled as a separate private service, on top of NORTHEA's property sales.
- Discreet sale of a businessA business sold with its premises is handled as two things, the property and the business, under the same NDA.
What happens next
- NDA requestYou ask for an NDA, or you send a confidential mandate to sell or let.
- QualificationNORTHEA confirms which clients may receive the information. Only qualified clients go further.
- IntroductionThe property or business is introduced to qualified clients under the NDA.
- Legal review: checked by a lawyer registered with the KKTC BarYour own independent TRNC-licensed lawyer carries it out; NORTHEA coordinates it.
- Due-diligence dossierNORTHEA assembles the dossier, keeps the checklist and the deadlines, and says plainly when something is missing.
What we do not show
- No public listingA confidential mandate is never listed or advertised.
- Price upon requestNo commercial price, rent or vacancy data is published.
- Nothing before the NDANothing about the property or business is shared before the NDA is in place and the client is qualified.
Asset types and where to read more
| Asset type | What is read first | Read more |
|---|---|---|
| Offices | The lease schedule and rent roll (the vendor's, and dated), the tenant mix, the title search, and the permit and approval certificate. | |
| Warehouses and logistics | The same documents. Whether any customs or bonded-warehouse status attaches to a given building is a question for independent TRNC counsel. | |
| Retail | Shops and retail parades: the lease schedule, the anchor tenant's remaining term and break options. | |
| Hospitality | A hotel is a business and a property in one transaction: title, licence, staff and accounts. Which licence category applies, and whether it passes to a buyer, is a question for independent TRNC counsel. | |
| Fuel forecourts | The supply agreement and the environmental condition of the storage are primary items, not footnotes. Which licence or permit a forecourt needs, and whether it transfers, is a question for independent TRNC counsel. | |
| Dealership premises | The premises and the business are reviewed separately: title, permit and lease papers for the premises; accounts, staff and any dealer licence for the business. Whether a dealer licence or registration is needed, and whether it passes to a buyer, is a question for independent TRNC counsel. | |
| Land | Two existing guides set out what to review before buying a plot. Whether a parcel can carry the intended commercial use is a question for your lawyer. |
Questions we leave to independent TRNC counsel
This page states no licensing rule and no foreign-purchase rule for commercial assets. These are the questions to put to your own lawyer, in writing:
- Which rule governs a foreign buyer's purchase of a shop, office, warehouse or whole building, and how is it counted?
- Which licence or registration does a bonded warehouse, a car dealership, a fuel station or a hotel need, and does it pass to a buyer?
- Can the parcel carry the intended commercial use, and is it outside any restricted area?
- When a business is sold with its premises, what passes with it and what must be applied for again?
Rules can change; confirm each point with your lawyer.
Frequently asked questions
Does NORTHEA handle commercial property in North Cyprus?
Yes, through two private services: a buyers' service (sourcing, due-diligence coordination, whole-building acquisition, business transfers) and a confidential NDA service for owners and for any client who asks for an NDA. NORTHEA is not a law firm, valuer or tax adviser.
What is the confidential NDA service?
A separate private service. Any client can ask for an NDA. A confidential mandate to sell or let a property or a business is shared only with qualified clients, under an NDA, and is never listed.
Can I see commercial listings, prices or rents?
No. NORTHEA publishes no commercial listings. Price upon request: this site holds no commercial prices, rents or vacancy data. The commercial dossiers on Private Capital are illustrative examples, not offers or current inventory.
Does NORTHEA promise a yield or return?
No. NORTHEA forecasts no return. Any yield or valuation it shows states its basis, date and source and is not presented as assured.
Can a foreigner buy commercial property in North Cyprus?
This page states no rule on it. Which rule governs a foreign buyer's purchase of a shop, office, warehouse or whole building, and how it is counted, is a question for your own independent TRNC lawyer, in writing.
Does NORTHEA also handle the sale of an operating business?
Yes. Business transfers and discreet sales are part of both services. The business and the property are reviewed as two things, and whether a licence passes to a buyer is a question for independent TRNC counsel.
Who carries out the legal checks?
Your own independent TRNC-licensed lawyer. NORTHEA does not issue legal opinions; we coordinate independent legal review and assemble due diligence dossiers. Legal review: checked by a lawyer registered with the KKTC Bar.
Legal review: checked by a lawyer registered with the KKTC Bar
NORTHEA does not issue legal opinions; we coordinate independent legal review and assemble due diligence dossiers.
The points on this page were checked by a lawyer registered with the KKTC Bar. NORTHEA is not a law firm, valuer or tax adviser. This page is general information, not a legal opinion on any property or business.
Next step
Do you want to acquire, or do you hold an asset?
Tell your advisor what you are looking for or what you hold, or ask for an NDA first. The enquiry is private and nothing is published.