Inspection Trips
Those who know the island, those who know the region or those who are curious usually come to Northern Cyprus for tourism and vacation. The Cyprus construction and real estate industry adds a another dimension to the tourism of the country: Inspection Trips.
Potential buyers from many regions of the world who are interested in investing in Northern Cyprus are invited to the island, they are hosted on the island, and investment opportunities are presented. Usually arrivals for inspection trips point in the direction of sales contracts and many return to their countries as happy real estate owners.
North Cyprus Investment Trips
So, how does the process for the Northern Cyprus investor tour work?
In fact, most of these organizations are sponsored by Cypriot construction companies. They offer the option to real estate agents to bring in customers from abroad. Real estate agents reach out to potential buyers with their local connections in the countries or through internet ads.
After an online meeting with the buyer, the intention and demand are analyzed. Investment Trips are planned in the most suitable region and date for the customer.
Two types of inspection trips are arranged according to the country of origin, budget and investment intention of the buyer. The most common of set up are group tours. Real estates are visited in tours of 20 – 40 people. Sometimes a personal investment trip is organized.
Generally, these tours are planned for 3 days. This is convenient for the investor candidate to buy the plane ticket. The sales team in Northern Cyprus welcomes the prospective buyer at the airport and transfers them to their accommodation. During this process, the real estate / construction company in Cyprus fully covers the transfer, accommodation and food expenses.
Projects suiting the needs and budget of the investor, are visited. Sightseeing tours are organized and meetings with company owners are held.
Observing the opportunities of price appreciation and the profitable depreciation process, investors often make purchasing decisions at these meetings. Most of the time the customer leaves the island by signing a contract.
Of course, it should be stated that there is no such thing as a purchase condition, customers can return without buying if nothing suitable comes up.
One more note… should the customer wishes to extend his stay in Cyprus for more than 3 days, discounts are also provided at the facilities to stay.
Our suggestion is to deeply research the company you are contacting prior to your arrival. How assertive is the company? what kind of projects do they have and do they convey confidence? Otherwise, you may encounter unpleasant experiences in an unfamiliar country.
To get a deeper insight we would recommend to read our Kıbrıs Emlak Merkezi corporate member real estate agencies and construction companies pages.
