If I buy property in the northern region of Cyprus, does that make me eligible for a legitimate Cypriot residency permit with access to the EU?

If so, what are the risks?

Answers

On Celia Pourgoura answered:

Please note that you cannot buy property in the northern region of Cyprus and be applicable for a Cyprus residency permit. Even if you buy property in non-occupied Cyprus, the Cyprus residence permit is not eligible for travel in EU, since Cyprus is not part of Schengen.