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CYPRUS INVESTMENT

Cyprus, as the 3rd largest island of the Mediterranean, attracts the attention of many investors as well as local and foreign tourists for investment. Due to the fact that real estate prices are quite affordable compared to European countries, but the rents are high, the Northern Cyprus real estate market, which has attracted the attention of Europeans as well as Turkish people in recent years, has become even more active with the increasing development permits.

INVESTMENT ADVANTAGES IN CYPRUS

We can list the most important reasons for you to invest in Northern Cyprus:
*More Advantageous Real Estate Prices: You can own real estate by paying 40%-50% less than many European and Mediterranean countries.
*Investment that Pays Back in a Short Time: Investing in Cyprus is very advantageous in terms of payback periods. Real estate depreciation period, which varies between 20-30 years in many countries, is between 8-12 years in Northern Cyprus. In other words, most investors make a lot of profit.
*Easy Process for Foreign Investors: Foreigners who want to invest in real estate in Cyprus can easily do all real estate transactions with a lawyer they will give in Cyprus.
* TRNC Residence Permit Right: When you purchase a property worth 125 thousand € in Cyprus, a residence permit is issued annually for the first 3 years and for 2 years after 3 years. After a certain period of time, you can get a permanent residence permit and your children born in the TRNC can easily benefit from this right.
*Rising the Value of TRNC Real Estate: In recent years, new projects have been created in the real estate and construction sector in Cyprus with the aim of investing a lot. This is also effective in the growth of the industry. Real estate prices in Cyprus are increasing day by day. In a few years, it showed itself as an average of 30%.

*Increase in Number of Universities and Students in TRNC:
The number of academic institutions actively working for education in Cyprus is high. It will increase even more with the addition of universities that will be opened soon. With the increase in the number of university students, investing will gain more importance.

*Increasing TRNC Tourism Investments:
*In order to increase the tourism capacity with the encouragement of the state, hotel and touristic facility investments have also increased. Cyprus, which hosts over one million visitors, will increase the demand for real estate.
*Rental Demand in All Periods of the Year: House demand in Cyprus is high almost throughout the year. The reasons for this are the demands of around 120 thousand university students and touristic visitors coming here. With a population of around 382 thousand, Cyprus welcomes more than 1 million visitors every year.
*Foreign Exchange and Real Estate Purchase and Sale: Real estate purchase and sale transactions in Cyprus are generally made in pounds sterling. This situation protects the real estate market against inflation. It also facilitates the work of foreign investors.
*Launch Discounts in Real Estate Projects: Real estate projects in Cyprus are offered for sale at discounted prices as soon as they are heard. The project is on sale with discounted prices during the launch period. Thus, you can take advantage of the discounted prices to the fullest and have a profitable real estate. And you can increase your profit more.