NCY-001: off-plan project in Northern Cyprus, Northern Cyprus

Anonymous off-plan project in Northern Cyprus (under construction). 2 of 6 buyer checks public, 1 confirmed by a register or independent source, 4 developer claims contradicted. Checked 1 Nov 2026.

• Permit or licence number: not public, not published
• Deposit protection: not public, not published
• Construction progress: public, stated only by the developer
• Floor or site plans: not public, not published
• Developer track record: public, confirmed by an independent source
• No guaranteed returns: not public, not published

Developer claims tested: 1 verified, 5 unverified, 4 contradicted.

17 months past the promised handover.

Problems in public reports: Fraud complaints reported

What to ask the developer

• Fraud complaints reported in public sources: ask the developer for the current status, in writing.
• Title type not stated: leasehold, freehold or a company structure?
• "Guaranteed" returns: who guarantees them, and what happens if they can't pay?
• No building permit mentioned: ask for the number before paying.
• Completion advertised for 2025: does progress on site match?
• No deposit protection published: will your payments go into an escrow or trust account in your name?

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