Sunny, peaceful and cheap… Investor’s popular choice, Northern Cyprus is calling you. We listed the advantages of investing in the TRNC one by one.
Invest in North Cyprus
Cyprus, the third-largest island in the Mediterranean, is a magnificent place with golden sands, deep blue beaches, natural villages, and many more natural beauties. Northern Cyprus, whose independence is recognized only by Turkey, is a frequently preferred destination for tourists, especially in summer.
The people of Cyprus are defined as the common heritage of two great civilizations, the Greeks and the Turks. Greek, Turkish and English languages are widely spoken on the island. North Cyprus, where multilingual and educated people reside, will fascinate you with its history and culture and will impress you with its hospitality. In this article, we will get to know Northern Cyprus better and talk about the benefits of investing in Northern Cyprus.
Pearl of the Mediterranean: North Cyprus
Before getting to know Cyprus closely, I guess that the most curious questions are “Is Northern Cyprus a cheap country?” or “Should I invest in Cyprus?” and we immediately answer them. First of all, we would like to point out that yes Cyprus is a very cheap country. Moreover, it is not only a cheap place but also a safe Mediterranean country with many natural beauties. Moreover, thanks to its mild climate, it is a place where you can get enough of the sun and live at high standards.
Investing in Northern Cyprus is one of the most preferred investments by many world citizens nowadays. Especially real estate prices in Northern Cyprus attract attention as one of the most profitable investments in recent years. By purchasing property in Northern Cyprus, you can spend the whole year or summer here, and live at high standards even with a low income.
Advantages of Investing in Northern Cyprus
1-) Currency Depreciation
The official currency used in North Cyprus is the Turkish Lira. The depreciation of the Turkish Lira in recent years has made other currencies very valuable. Therefore, the endless depreciation of the Turkish lira has made life in Northern Cyprus more attractive for foreigners. For example, £1 has exceeded 20 Turkish liras! Your money does not end with spending at the market, restaurant, bar. Even with your retirement salary, you can live very comfortably and lead a luxurious life.
2-) Spend Quarantine Days in Vacation Mode
Another reason for the preference of foreign citizens investing in North Cyprus is the comfort and freedom in the coronavirus process. During the pandemic period, the strict restrictions applied around Europe and Russia, are not enforced in North Cyprus. That’s why, in a possible closure, they want to stay in Northern Cyprus and spend the quarantine with the taste of a holiday.
3-) Have a House or Flat with a Sea View
In Cyprus, where the typical Mediterranean climate is seen, intense heat prevails from mid-May to mid-October. Therefore, the time to swim in the sea is also quite long. This situation has enabled Cyprus to develop in terms of sea holidays. Northern Cyprus, which is a paradise for people who want to have a sea holiday, is a preferred holiday island around the world with its clear sea and magnificent beaches. If you want to live in this paradise on earth, you can both invest in your future by buying real estate in Cyprus and enjoy an endless vacation by living here.
4-) Witness the Glorious History and Ancient Ruins.
Cyprus is one of the islands that has hosted many civilizations due to its strategic location in the past. This small island actually has a great history. There are many must-see places in Cyprus, which has been a favorite of empires for centuries. For this reason, it contains many city ruins from the earliest times to the present day.
If you come to Cyprus, we recommend that you spend a little more time and visit the magnificent ancient cities on the island. As you see these natural beauties, your perspective on Cyprus and your investment thought will be shaped easily.
5-) Vivid Nightlife
When you go to North Cyprus, you will witness that the nightlife and social life are very dynamic. The clubs and pubs lined up next to each other contain a high dose of music. These clubs, became so popular thanks to the millions of tourists who come here every year. Cyprus is not just about nightclubs and pubs. In addition to these fun places, you can also try the casinos, which will bring the nightlife to a different dimension. Nicosia and Güzelyurt are the places that come to mind when it comes to nightlife.
6-) Taste Unique Flavors
Cyprus, which has hosted many civilizations throughout history, has made a name for itself with its local dishes. The people living in North Cyprus combined their original dishes with hand delicacies and made a delicious taste. You can find lots of local dishes and unique tastes according to your palatal delight.
7-) Enjoy Shopping at Affordable Prices in the Local Market
Shopping points in Cyprus are categorized as local and foreign products. In other words, while you are visiting the bazaars, markets, and shops with local items specific to the island, you can find design products at these shopping points.
Northern Cyprus has kept its product range wide for shopping. Small shopping stores that have left 50 years behind will greet you with all their mysticism and smiling faces. You will be satisfied with shopping by buying quality products at very affordable prices.
Do Not Miss the Opportunity to Invest in North Cyprus
Northern Cyprus is a very attractive place for both tourists and investors. With its modern architecture, historical buildings, apartments, financial convenience, and many options, you will admire this island. By doing short research, you will understand that Northern Cyprus is the fastest growing market in the Eastern Mediterranean and you will see that it is an excellent opportunity for medium or long-term real estate investments. If you are considering buying real estate in Northern Cyprus soon, you can contact us and get free advice and consultancy.
KIBRIS EMLAK MERKEZİ
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