The cost of maintaining property in North Cyprus
26 April 2022

Utility costs in Northern Cyprus depend primarily on the consumption of electricity and water. Calculations are made monthly, according to meter readings.

The cost of electricity from March 1, 2022:

The price for 0-250 kilowatts per month is 0.98 TL / per kilowatt

251-500 kilowatts – 2.7 TL

501-750 kilowatts – 2.95 TL

751-1000 kilowatts – 3.25TL

More than 1000 kilowatts – 4 TL

Centralized water supply:

6-15 Turkish liras per ton of water depending on the area.

If the property is located in a complex with a developed infrastructure (pools, spa, gym, sauna, hammam, etc.), then in addition to paying utility bills, you will have to add a monthly payment for the services of the complex management company (cleaning pools, cleaning the surrounding area, care behind gardens, etc.).

The cost of maintenance in complexes in Northern Cyprus ranges from 20 to 150 euros per month, depending on the set of services in the complex.

The annual tax for paying utility bills to the municipality (water supply, cleaning and street lighting, garbage disposal) is 100-150 Turkish liras per year.

The annual property tax is 3 Turkish liras for each square meter of closed area of an apartment or house.

The cost of maintaining property in North Cyprus
26 April 2022
Share in social networks:
Back to the news