Northern Cyprus is not only a piece of paradise surrounded by the warm waters of the Mediterranean Sea, but also a territory with a visa-free regime. It is the harmonious combination of a visa-free regime and a warm maritime climate that makes the real estate of the state extremely attractive for people who plan to invest in stable overseas real estate.
Attractiveness of real estate investment in Northern Cyprus
A significant advantage of real estate in Northern Cyprus is its financial availability, in comparison with real estate in Southern Europe. Moreover, it can be argued that real estate prices in Northern Cyprus are several times lower than the prices of Mediterranean resorts of a similar level.
A clear advantage of investing in real estate in Northern Cyprus is the fact that the resort state is on the path of development, so that real estate in it will always be in price. In addition, investments in real estate in Northern Cyprus can be considered long-term, since the prices of apartments and houses on the island are constantly growing and have no prerequisites for reduction.
COMFORTABLE LIFE AND A SEA OF IMPRESSIONS
In addition to investment attractiveness, Northern Cyprus may be of interest to many as an option for permanent residence. Among the most obvious advantages of the state:
- Warm climate with over 300 sunny days a year;
- Developed infrastructure, from shops and parks to specialized business centers and office buildings;
- Visa-free regime and simplified procedure for obtaining a residence permit;
- Competitive value of real estate;
- Good ecology and unique nature of the Mediterranean island;
- The presence of a strong educational base in the face of schools and European universities, the prices for education in which are also much lower than the prices for education in Europe;
- Stable economy and non-aggressive state policy;
- Good attitude towards immigrants from the local population;
- Relatively low prices for food, clothing, utilities, etc.
- No glut of tourists;
- Soft legislation and a minimum tax threshold for private entrepreneurs;
- Low crime.
Profitable purchase of real estate
Independent search and purchase of housing can be associated with certain risks and difficulties, due to ignorance of the law, language, search capabilities, pricing policy and other nuances. In order for the search and purchase of real estate in Northern Cyprus to go without complications and bring the expected results, it is appropriate to entrust all organizational aspects to specialized companies.
The agency «NCL» has been searching, selecting and selling real estate in Northern Cyprus since 2019 and provides its clients with the highest level of services. We guarantees:
- expert advice regarding prices, purchase conditions, possible options and much more;
- organizing the purchase of any type of real estate;
- selection of real estate options based on the wishes of the client;
- organization of property tours;
- full support — from the selection to the purchase of real estate.