Northern Cyprus's real estate market is booming, offering compelling opportunities for investors. This blog highlights key insights from a recent webinar on Northern Cyprus real estate.
Strong Market Growth: Northern Cyprus consistently sees a 10–12% annual increase in property values, making it an attractive choice for real estate investors.
Affordable Options: Starting at £60,000, you can find under-construction apartments or fully furnished options in the secondary market, providing accessible entry points.
Investment Hotspots: Areas like Iskele, Famagusta, and Esentepe are witnessing the development of resort-style residential complexes, offering both rental income potential and long-term growth prospects.
Legal Clarity: All properties currently on the market have resolved legal status, ensuring a secure investment environment.
Ownership and Residency: Foreigners can purchase multiple properties, with one eligible for registration. Obtaining a title is advisable for residency or specific property use but may not be necessary for resale.
In conclusion, Northern Cyprus presents an appealing real estate investment landscape with steady growth, affordability, and legal clarity. Whether you seek a second home, rental income, or long-term investment potential, Northern Cyprus has much to offer. Stay tuned for updates on this dynamic market.
