About North Cyprus
Northern Cyprus, a captivating island nestled in the eastern Mediterranean, offers a unique blend of history, natural beauty, and vibrant culture. With its sun-kissed shores, crystal-clear waters, and rugged mountain landscapes, it’s a haven for those seeking both relaxation and adventure. Ancient ruins, historic castles, and charming villages dot the island, whispering tales of civilizations past.
Advantages of Investment in North Cyprus
Property Prices
Affordable real estate compared to European countries increases the investment potential in Cyprus by offering investors a variety of options.
Return on Investment
The shorter return on investment period in Northern Cyprus ensures that investments gain value quickly and effectively.
Residence Permit
Foreign nationals who buy a house in Northern Cyprus can easily live in Cyprus by obtaining a residence permit.
Foreign Exchange Return
Transactions in the Cyprus real estate sector, generally carried out using strong currencies such as GBP, EUR and USD, offer investors the opportunity for foreign currency-based returns.
Housing Demand
Housing demand in Cyprus, which hosts millions of tourists and hundreds of thousands of students every year, is increasing day by day. This causes an increase in real estate prices.
Property Taxes
Property taxes, both paid during the purchase process and paid while owning the property, offer investors an additional advantage by providing a low tax burden.
Benefits of Living in North Cyprus
Mediterranean Climate
Northern Cyprus stands out with its Mediterranean climate; Hot summers and mild winters offer pleasant weather throughout the year.
Amazing Nature
With its magnificent beaches, mountain views and air quality, Northern Cyprus creates various discovery opportunities for nature lovers.
Historical and Cultural Richness
Thousands of years of historical history, cultural heritage, legendary ancient ruins and local culture make Northern Cyprus unique.
Tourist Attraction
With its rich history, unique beaches and dynamic nightlife, Northern Cyprus stands out as a destination that attracts tourists.
Cost of Living
The economic cost of living is quite low, and affordable housing prices and living costs make living in Northern Cyprus attractive.
Trust and Peace
With its low crime rates, welcoming locals and calm atmosphere, Northern Cyprus offers a safe and peaceful lifestyle.