Investment in real estate in Northern Cyprus
Cyprus is a spectacular country located in the eastern Mediterranean Sea and is very popular among investors from all over the world.
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Northern Cyprus
Northern Cyprus is one of the leading destinations for property investment in Europe. The country offers excellent conditions for investors, including a pleasant Mediterranean climate, a wide range of quality properties for sale and a spectacular northern beach. Moreover, Northern Cyprus is located in a strategic location, in the center of the Mediterranean Sea, and is a gateway to business from all over Europe.
Property in the north of Cyprus offers a wide range of opportunities for investors. Depending on the type of property, options vary and include apartments in city centers, luxury villas on the coast and even plots for those looking to build a property from scratch.
טיסות
Why invest in Cyprus?
Ideal climate
Cyprus offers over 300 days of sunshine a year, making it an ideal place to live and invest.Quality residential areas
Cyprus offers the best of both worlds - bustling city life and quiet country life.High income
Property in Cyprus offers high returns to investors - around 6% per annum on average, with property prices rising steadily at around 10% per annum over the past few years.Central location
Cyprus is located in the heart of the Mediterranean Sea, making it central and accessible to major European markets.Nightlife and culture
Cyprus offers exciting nightlife and a variety of cultural events.Beautiful beaches and safe environment
Cyprus is rich in beautiful and stunning beaches and is considered one of the safest countries in the world.How we are working? The process of buying property in Northern Cyprus:
- Initial consultation We speak and understand your needs and the economics available for investment.
- Inspection trip to Northern Cyprus We will organize a tour for you that will allow you to get to know the area and its opportunities.
- Presentation and selection of real estate We show you the options and you choose the property you want to purchase.
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Legal review
of the selected property Local lawyers prepare and conduct legal due diligence of the property. - Making a deposit You pay a deposit that guarantees your purchase.
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Registration of the transaction
and transfer of keys We help you register the transaction in the appropriate registries, after which you receive the keys to the purchased property. - Accommodation, orientation assistance We assist you in the processes of moving into the property and navigating the area.
- After-sales service We provide you with support and services even after your purchase is completed.
It is important to know
- The partner bank ensures the stability of the transaction
- Variety of financing options for all investment needs
- No brokerage fees, clean price with no surprises
- Prices directly from the developer, savings guaranteed
- Flexible payment plans for personalization
Cyprus in numbers
- 40% increase in property sales in Cyprus for the first two quarters of 2022.
- 6% increase in property prices on the Cyprus market in 2022.
- 61% increase in the number of transactions with foreign clients in 2022.
- 55.9 The cost of living index in Cyprus is 55.9, which is lower than France (68.7), Malta (61.4) and Italy (61.3).
- 68.6 Cyprus has a safety index of 68.6, which is higher than Norway, Luxembourg and Germany.
Projects
Отзывы
Received a presentation of properties
Selected in Cyprus
0%
Service fee on purchase
8-16% return
The presentation! PDF, 3.2 MB, 6 seconds
Questions and answers
In most cases, it depends on several factors. However, here's a bit of what we can offer:
- With a budget of 150,000 to 250,000 euros, you can acquire small to medium-sized apartments in popular areas.
- With a budget of 250,000 to 400,000 euros, you can purchase new luxury apartments, including small cottages in desirable locations.
- With a budget of 400,000 to 600,000 euros, you can buy large three-bedroom villas with a pool.
Opportunities at lower prices can be found in new projects or high-quality properties in certain areas, but one should consider the associated risks with such investments. We are here to help you.
No, your monetary amount goes directly to the contractor. We recommend working with professionals who are well acquainted with the local market.
Usually, from the moment you decide to purchase real estate, the process of buying and registering it in the land registry can take from a few weeks to several months.
New apartments from a contractor, not used before, offer a sense of "newness." New buildings are constructed in accordance with modern standards and innovative technologies.
There are several different procedures that one can go through to obtain Cypriot citizenship. One of them is acquiring real estate worth at least 2 million euros. Additionally, there are other requirements that must be met, including approval from the Cyprus Ministry of Interior, which conducts a thorough vetting process.
This is a complex process that requires planning and consultation with an experienced lawyer, so we recommend seeking assistance from a specialist in this field.
The standard process of buying real estate includes several stages:
Selecting the property and agreeing on the price.
Signing a preliminary contract and making a deposit of around 5000 euros.
Signing the final purchase agreement, usually with a payment of 20-30% of the property's value.
Continuing the purchase process, including paying the remaining amount, transferring ownership to the buyer, and paying applicable taxes.
Investing in real estate in Cyprus, like any other investment, requires considering the whole picture. It can be a good investment if you are interested in purchasing property in a country that offers international leisure, a moderate climate, and a tranquil lifestyle. Real estate in Cyprus also has reasonable prices compared to other places in Europe.
Applicants for a Cyprus visa from most countries must submit their application to the Ministry of Foreign Affairs of Cyprus or to the Embassy or Diplomatic Mission of Cyprus in their country. Requirements may include identification, passport, photographs, evidence of the purpose of the trip, and proof of financial capability to support oneself during the stay. It is important to check the specific requirements for your country.
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Is it worth living in Cyprus and where?
ההבדלים בין קפריסין הדרומית לצפונית ומה זה משמע למשקיעים
How to buy a house in Cyprus
השקעות בקפריסין הטורקית
בחירת דירות לקניה בקפריסין
איך קונים בית בקפריסין
ערים בקפריסין הטורקית
Permanent residency in Cyprus
Receiving Cypriot citizenship
מגורים בקפריסין
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