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    HomeEuropean UnionCyprusIsraelis number one buyers of land in North Cyprus in 2022

    Israelis number one buyers of land in North Cyprus in 2022

    Turkish Cypriot press reports say the vast majority of last year’s total of 2,672 “permits” to purchase real estate in the TRNC (North Cyprus) were given to Israelis.

    This is what Philenews reported on Tuesday citing daily Halkin Sesi.

    Israel has an embassy in the divided island’s South Cyprus Nicosia area and is aware of the Greek Cypriot’s position on property in the north which is basically owned by displaced Greek Cypriots.

    According to company records cited Halkin Sesi, approximately 2,000 companies in the north have Israeli shareholders. And that through these companies, Israelis bought around 25,000 acres of land in the TRNC.

    A large portion of the land purchased by the Israelis – mainly in Karpas peninsula – is reportedly agricultural. They seem to have also bought two thousand acres in Lefka.

    The Israelis in question have been granted TRNC Citizenship. And that they have established approximately 200 companies in the north.

    Reports also refer the establishment of a synagogue in the TRNC.

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