NORTHERN CYPRUS İN THE FİRST PLACE!

Northern Cyprus in the First Place!

Cyprus, the third largest island in the Mediterranean, stands out with its natural beauties, excellent beaches and low crime rates. In particular, keeping the number of cases to a minimum in the Covid 19 process compared to other countries has made the island even more attractive.

In addition, Northern Cyprus is very popular not only by those who want to settle down but also by investors in recent years. The real estate return (depreciation) period is between 8-13 years and the rental income in foreign currency increases the value of Northern Cyprus.

One of the most famous magazines of the world, FORBES Magazine, with the article it published, showed Northern Cyprus in the first place among the 5 best coastal countries in the world to invest in real estate in 2021.

North Cyprus, which is visited by around 3 million tourists a year, continues to attract the attention of the world with its clean and sunny weather and magnificent beaches almost 300 days a year. This is also one of the biggest factors in the island's preference for investment in real estate.

 Recently, projects developed in Kyrenia, Esentepe, Famagusta and Iskele regions attracted the attention of domestic and foreign investors and caused them to direct their investments to Northern Cyprus. The unique beaches of Northern Cyprus and the projects carried out in Hotel Concept are one of the biggest reasons for both investors and those who prefer the island as a lifestyle.

The statement of the author Katleen Peddicord in the world-famous Forbes magazine and the traveler about Cyprus in her article about Northern Cyprus is;

‘As someone who has lived and invested in overseas for 30 years, the world's best investment countries are Northern Cyprus, Colombia, Brazil, Mexico and Belize. As a result of these researches 'Live and Invest Abroad 2021', it is recommended to buy pension homes or which elite countries to live in overseas. This research has been conducted on the price researches of holiday homes between 70-100m2. Among all these countries, the Turkish Republic of Northern Cyprus is shown as the first most beautiful country with a price of 75.000 dollars among the countries with a view to the sea or the easiest to reach the beach ".

Northern Cyprus, which has an island economy, has tried to develop its own economic policies and social life due to its short economic history and lack of sufficient interaction with the international community. Despite the small scale of production on the island where there is light industry, the island offers enormous opportunities to investors; Being one of the countries with the lowest crime rate in the world, with its magnificent beaches, vibrant nightlife, quality education system and magnificent housing projects, it attracts the attention of many investors and tourists, although it is not fully known in the world. After the pandemic, it is expected that there will be a magnificent development and increase in investments in Cyprus. In parallel with this, the melting of the real estate stock on the island and the increase in input prices indicate that there will be an increase in prices in zero houses. For the investment climate and opportunities, we also serve you online. We advise you to do not hesitate.