10 Reasons why North Cyprus (2023)

Northern Cyprus real estate offers exceptional possibilities to foreign buyers looking to invest in a sought-after offshore area. Northern Cyprus is the third-largest and third-most populous island in the Mediterranean, with a fair and non-discriminatory economic environment for both domestic and international companies. There are numerous benefits to investing in Northern Cyprus.

Distinctive geographical location

Northern Cyprus is one of the most beautiful islands in the Mediterranean, and its advantageous and strategic location in the core of three continents: Africa, Asia, and Europe. It has historically served as a doorway to the heart of the East.

A pleasant climate

Northern Cyprus boasts one of the hottest climates in the Mediterranean, with more than 330 days of sunshine each year. The island’s pleasant temperature allows you to live and enjoy your body all year. Locals strive to gain the full benefits of the island’s perfect climate. Most homes in Northern Cyprus have solar panels that not only heat the water but also produce electricity to run the home.

Expanding economy

Northern Cyprus has grown into an important financial and business hub with a welcoming and supportive government policy that encourages both domestic and foreign investors and entrepreneurs with the goal of enhancing the economic environment. Northern Cyprus’s fast-growing economy offers a diverse range of investment options. The infrastructure is also being constructed on the island to ensure that it is the best place for your investment.

Guaranteed rental income

Investing in Northern Cyprus property is a smart move for those looking for a rental property with year-round rental potential Northern Cyprus has great property rental potential due to the large flow of students and tourists on the island. Over 100,000 young people study at 17 different international universities in Northern Cyprus, making education the leading sector of its economy.

Investing with a high rate of return

We provide some of the most attractive investment possibilities in Northern Cyprus! We provide properties in the most desirable districts in Northern Cyprus, where you can earn the maximum possible rental income return on your investment. Real estate investors might expect to see a return on investment in 10 to 12 years. Because rental income is measured in British pounds, investors profit from both rentals and exchange rates.

Tourism enterprise

Northern Cyprus is quickly becoming a Mediterranean vacation destination! Every year, more tourists visit Northern Cyprus, which contributes to the continuous development of the tourism industry due to favorable weather conditions, beautiful beaches of fine golden sand, a stunning 18-hole international golf course, absolutely delicious local cuisine, friendly locals, unspoiled landscapes, and an increase in the number of 5-star hotels and casinos. Northern Cyprus aspires to grow in popularity in the next few years and to stay ahead of global tourism trends!

Low crime rate.

Northern Cyprus is officially one of the safest countries in the world! It has less crime than other countries of comparable size. The environment is easygoing and welcoming. Northern Cypriots are naturally laid-back, and violent crime is uncommon. Northern Cyprus is still one of the safest holiday destinations, according to statistics. Northern Cyprus has a low crime rate and a pleasant population, making it a popular destination to visit or live.

Attractive taxation systems

The island boasts one of the most appealing tax systems in the world, allowing investors to benefit from a relatively low level of taxation.

The property’s modest price level

Northern Cyprus real estate is more affordable than its European and Mediterranean counterparts. Despite the fact that the island’s property prices have stayed quite low, the island’s rental revenue is quite significant. Every property on the island is increasing in value every day.

Given the overwhelming likelihood of Northern Cyprus entering the European Union, this country is of significant interest to investors looking to invest. Property prices are predicted to triple compared to today’s rates as the island’s importance grows due to its stunning clean waters and spectacular Mountain and Sea views.

High standard of living at a low cost of living

Northern Cyprus’s low cost of living is well balanced with a high standard of living in terms of climate, environment, and simple peace and tranquility. Its infrastructure, great quality of life, low crime rate, low cost of living, and large tax benefits draw individuals from all over the world to the island.

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