Why Should You Buy a House in Cyprus?

TRNC has recently become one of the ideal countries for real estate investments. The reason for this is that it provides high profits while offering affordable real estate. It is frequently preferred for real estate investment due to the real estate depreciation period ranging from 8 to 12 years and the possibility of rental income in foreign currency.

If you are one of the many people who dream of escaping to warmer climates, are eager to enjoy a better life with a smaller budget, or are considering different alternatives for investment, Northern Cyprus will be the right choice for you.

We will answer questions such as how you can enjoy a better life in Northern Cyprus, is buying a house in Cyprus suitable for investment? Why should I buy a house in Cyprus? for you.  

Kyrenia Harbour showcases both the history and natural beauty of Cyprus.

In ancient times, the harbour was used as a warehouse for carob and salt to Europe and Anatolia. Again during those times, a customs building and a breakwater were built in the harbour.

There are many cafes and restaurants near Kyrenia Harbour, which is currently used as a marina. It is a popular spot for Kyrenia locals and tourists visiting the region and is located close to Kyrenia Castle.

1. Buy a House in Cyprus, Enjoy Summer for 8 Months of the Year

The number of people buying a house in Northern Cyprus, which provides significant opportunities for real estate investors due to the increasing real estate value and many investment advantages every year, is increasing. Reasons such as the affordable prices of houses for sale compared to many European and Mediterranean countries and the short real estate depreciation period direct foreign investors to Northern Cyprus. In addition to all these, TRNC, which is preferred because it is one of the main countries that grant residence permits to those who buy houses, also stands out with its living advantages.

Everyone dreams of living a life in touch with nature. We want to start the day with the peace that comes from waking up smiling and feeling the clean air. For people who are overwhelmed by the noise of big cities, buying a house in Cyprus is an indispensable opportunity. Northern Cyprus is calm yet lively, historically rich, culturally different and has a different side with its nature.

The reason why Northern Cyprus has become a favorite place for those who want to get away from the hustle and bustle, for retirees and holidaymakers is that this unique island is a beautiful escape alternative. You can use your home's garden for 8 months due to its climate, and you can also enjoy the deep blue sea during these months. Although its home is in the Mediterranean, it has a perfect blend of both Europe and the Middle East.

2. Daily Life in Northern Cyprus

The third largest island in the Mediterranean after Sicily and Sardinia, Cyprus is home to almost 300 days of the year. is an island known for its sunny, mild climate, friendly people, cultural diversity and untouched natural beauty.

There are six districts in Northern Cyprus: Lefkoşa, Kyrenia, Gazimağusa, Güzelyurt, İskele and Lefke. From the dialects spoken to the food,It is one of the most popular centers where Mediterranean history and culture are kept alive from its vegetation to its seas. With the ease of life provided by all these features, Northern Cyprus offers an incomparable environment for education for both holidaymakers, those who want to buy real estate and students.

Depending on your budget and income, you can have almost any level of lifestyle you want on the island. For those living in Northern Cyprus, there are cinemas, clubs, bars, a wide variety of restaurants for all tastes and all budgets.

There are casinos, discos, communities and sports clubs, gyms, spas and beach clubs. Moreover, the people living in this country are more modest and warm. Another advantage is that the currency is the Turkish Lira, not the pound or the euro or the dollar.

3. Cyprus' Magnificent Sea and Beaches

Another reason to research houses for sale in Northern Cyprus is that you can sunbathe for free for 8 months of the year. You can never get bored with its blue skies and pleasant beaches. It also has a calmness that will make you feel alive with its long and pleasant walking paths.

On one side, the unique Mediterranean's deep blue sea, white sand, palm trees lined up along the road and the İskele Long Beach housing projects right behind the road…

Where to Swim in Cyprus?

Cyprus' most popular beach and bays where you can swim are very popular. Those who are on a hotel vacation can use the beach of the hotel they are staying at. However, those who are looking for a swimming experience in different places can find different beaches and bays to swim in Cyprus. Let's get to know the beautiful Cyprus beaches together.

• Glapsides

When it comes to the most beautiful beach on the island, Cypriots point to Glapsides beach. The beach, which is 8 km away from the city center, is on the eastern coast of Northern Cyprus. It is located approximately 6 km north of Famagusta. It has fine sand. It is also an ideal beach for those who want to explore the underwater world. There is also the possibility of camping. Umbrellas and sun loungers can be rented. There is also a bar and restaurant for eating and drinking. 

• Altınkum Beach

Altınkum stands out as a coastline with the most beautiful beaches of Cyprus. It is located on the Karpaz Peninsula. Being the egg-laying area of ​​the Caretta caretta sea turtles makes the beach even more special. It also has mythological importance. It is known as the birthplace of Aphrodite, the goddess of beauty. It is considered one of the most beautiful seas with its yellow and fine sand and blue. You can go for a walk on the beach, not just for swimming. You can enjoy the natural beauty by watching the sunrise.  

• Alagadi Beach

A beach that attracts the attention of tourists as well as the people of Northern Cyprus is Alagadi Beach. It is located fifteen kilometers east of Kyrenia. It is known as a quiet beach. The beach, located between the mountains in the village of Alagadi, attracts attention with its natural beauty. It is a special place for Caretta carettas to lay eggs. 

• Yeşılırmak Beach

Yeşılırmak Beach is known for its vine, which entered the Guinness Book of World Records. It is located in the Dillirga region of Lefkoşa, a district of Northern Cyprus. The beach, located in a bay far from the center, is especially ideal for those who like to swim from the pier.  

• Yavuz Çikarma Beach

Yavuz Çikarma Beach is also known as Escape Beach Club. It is on the highway from Kyrenia to Alsancak. As for its historical importance, KIt is the first place where the Turkish Armed Forces landed in the Ibris Peace Operation. One of the most striking features of the beach is that water sports can be actively done. It can be a meeting place for scuba diving, jet skiing and parasailing enthusiasts. It is more popular on weekends with its smooth and waveless sea. It also provides service with a restaurant and bar.  

• Silver Beach

Gazimağusa Silver Beach is ideal for swimming at all levels with its shallow and calm sea. Safe for beginners and children. Fine sand. The sea water is warm. Silver Beach is south of the Salamis ruins. You can explore the ancient city of Salamis and enjoy swimming. 

• Mare Monte Beach

Mare Monte Beach is next to the ancient Roman fish tanks. Fine sand. It has a family beach feature with areas suitable for children. On the one hand, it is not recommended for the elderly due to the stairs that need to be climbed up and down. Food and beverage needs can be met from cafeterias and restaurants. 

• Camelot Beach

Those who spend their holidays in Alsancak can experience Camelot Beach. It is near Kyrenia. In this horseshoe-like village, it is possible to do both water sports and enjoy the beach. Camelot was known as a fishing bay in the Roman period. It is considered among the safe beaches where swimming is enjoyable. If you are looking for a beach suitable for snorkeling, Camelot Beach is ideal for you.  

What Should Those Who Want to Buy a House in Northern Cyprus Pay Attention to?

4. Ease of Buying a House in Northern Cyprus

Buying a house in Cyprus is not as difficult as it seems. However, a sales contract must be signed for a real estate purchased. After this transaction is completed, you must go to the land registry office within 21 days and register the transaction. You must also obtain a purchase permit for your real estate from the Council of Ministers in the TRNC.

Persons purchasing real estate and Turkish citizens wishing to reside in Cyprus for more than 90 days can obtain a residence permit for a period of 1 year. It is important to remember that the residence permit must be renewed every year. Retirees do not need to obtain a residence permit. They can stay in as many countries as they want.

• Buying a House for Investment in Northern Cyprus

Northern Cyprus has recently been a country that has seen a lot of demand from both Europe and Turkey. People are researching houses for sale in Cyprus in order to make promising investments at affordable prices.

Cyprus is one of the most suitable island countries for investment. In addition to the reasons mentioned above being an important factor, another advantage is that you can receive rental income in pounds sterling. North Cyprus, which also hosts foreign students thanks to international university education, has an important position for investment.

• North Cyprus House Prices for Sale

Although North Cyprus has recently seen an upward trend in prices due to the investments it has received, it can be said that it is possible to find housing suitable for every budget. If we talk about the average house prices for sale in Cyprus; apartment prices start from 50,000 pounds sterling, villas with gardens or pools start from 65,000 – We can say that it starts from 85,000 pounds.

Another thing that people doing investment research in Northern Cyprus should know is that you will be able to pay off your loan without difficulty with the rental income of the real estate to be purchased. The amortization period is quite short.

• Buying a House from Housing Projects in Northern Cyprus

We would like to point out the advantages of buying a house from housing projects in Northern Cyprus, whether for investment, for living or for accommodation. The opportunities in such projects are attractive to people.. Each project has its own unique opportunities such as gyms, pools, entertainment and children's playgrounds. Areas with such opportunities make Cyprus investment opportunities more attractive to people.

• The Advantage of Universities in Northern Cyprus

There are quite prestigious universities in Northern Cyprus. Thanks to these universities, you will not have difficulty finding tenants and the families of students who come for education can also discover the Cyprus investment opportunity and go on the path of buying a house. The number of families settling in the country due to the academic staff and other employees working at this university, as well as the academic success of other schools such as primary, secondary and high schools, is increasing every year.

• Ease of Title Deed Transactions

Another issue that especially Turkish citizens should know is that title deed transactions are issued by the Turkish Republic of Northern Cyprus. In addition, since all these transactions are guaranteed within the scope of the TRNC Constitution, the buyer can be at ease for all rented real estate. All title deed transactions and processes related to real estate in Northern Cyprus are easy and reliable.

• Development of Infrastructure Works

Due to the increase in infrastructure investments in Northern Cyprus and the significant improvement of land and air access, the demand for Cyprus house for sale advertisements is increasing. Investments made on time will definitely yield greater returns to individuals.

If you want to take advantage of these investment opportunities or are looking for a new living space, you can contact us. We are aware that everyone's property needs are different. Whether it is a small apartment or a villa, you can benefit from our experience in the real estate market.

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