North clamps down on foreigners buying property

The north’s ‘parliament’ on Thursday passed a law clamping down on foreigners buying property.

Foreigners are now only allowed to buy one house or apartment each, provided that it is located on less than 2,500 square metres of land. Turkish citizens are exempt from the new law.

This is a reduction from the previously allowed three houses or apartments, which were allowed to be located on a maximum of 5,000 square metres of land each.

In addition, those wishing to...