17 August 2023
Surrounded by the azure waters of the Mediterranean, its streets smelling of history and its unique natural beauties, Northern Cyprus attracts the attention of the world in many respects. Naturally, with this interest, some question marks also appear in the minds. In this blog post, we answer the 4 most frequently asked questions about real estate investment and living in Northern Cyprus.
Question 1: Is Real Estate Investment Risky in Northern Cyprus?
Answer: Northern Cyprus is one of the rare centers that offers affordable and high-yield real estate opportunities. Thanks to the changing global perspective, developments in the real estate market, and the global constitutional system of the TRNC inherited from the British administration, especially with the increase of European investors, investors can invest safely and profitably.
Question 2: Is Life Difficult in Northern Cyprus?
Answer: Northern Cyprus perfectly combines a dynamic lifestyle with a tranquil environment. It offers a life full of rich cultural events, international schools, modern healthcare and a variety of social activities. In almost every restaurant, you will see many different nationalities such as German, English, Norwegian, Russian, Swedish.
Question3: Can Only Turkish Citizens Buy Real Estate in Northern Cyprus?
Answer: Buying real estate in Northern Cyprus is open not only to citizens of Turkey, but also to investors from all over the world. In fact, 90% of the project sales are made primarily by the British, Europeans and Russians. For this reason, it is extremely important to work with an expert team for investors who are not Turkish citizens.
Question 4: Are Real Estates Just for Vacation in Northern Cyprus?
Answer: It is extremely common to buy real estate in Northern Cyprus not only for vacation but also for living or investing purposes. The island is an attractive option not only during the holiday season, but also in every period, with its pleasant and economical opportunities throughout the year.
If you want to make use of the potential in Northern Cyprus and invest in your future, you can take advantage of the opportunities offered by Northern Cyprus with expert advice and accurate information, make profitable investments and step into a unique life experience. Contact us for more information!
