The address of the right investment
Rise in Real Estate Investment
If you are looking for the Mediterranean lifestyle without the typical costs, you have come to the right place. As confirmed by Forbes in 2021, Northern Cyprus ranks as the No. 1 Beach Buying destination, currently boasting a hotter real estate market than ever before. The depreciation of the Turkish Lira, coupled with the continuous increase in property values and rental incomes in Euros and GBP, makes strategic investment in Northern Cyprus the most viable option. Reap the rewards of beachfront ownership, appreciating property values and currency-based rental income while living the Mediterranean dream at unbeatable value.
Legal Framework
Although Northern Cyprus is a completely separate government that is not an official member of the EU, it benefits from certain trade and economic arrangements with the EU. The fact that Northern Cyprus was previously perceived as a deterrent due to its non-Eurozone status has turned into a significant advantage and selling point for international property buyers. Due to the favorable tax environment and easy issuance of residence permits, Northern Cyprus has become a popular destination for international investment in real estate.
Lifestyle and Security
Rarely a safer and more peaceful place can be discovered in the world, offering a serene sanctuary for residents and tourists of different nationalities. Ranked among the top 5 safest countries in the world, Northern Cyprus offers a Mediterranean lifestyle intertwined with its rich historical texture and culinary delights. With more than 300 days of sunshine a year and a range of activities for all preferences, the region caters to every individual. Adventurous souls can indulge in active pursuits such as paragliding or hiking the breathtaking trails of the 5 fingers mountains, while others can explore the local farmers’ markets, followed by a short stop at a beachside fish restaurant or a visit to historically significant sites that once inspired Shakespeare’s Othello. Every step taken in Northern Cyprus is a journey through centuries of history, where numerous civilizations have ruled, contributing to the island’s ever-growing uniqueness.
Higher Education, Tourism and Infrastructure:
Beyond real estate, there are two other thriving sectors in Northern Cyprus: higher education and tourism. The region is globally recognized for its world-accredited universities, opulent 5-star hotels, vibrant casinos and world-class medical tourism facilities. In addition, a fast-moving infrastructure is being adapted to meet the growing demand and increasing population and tourist numbers. The significant growth of these sectors naturally drives up property values and creates a sustainable and lucrative real estate investment environment in Northern Cyprus.