CORE REASONS TO INVEST IN NORTH CYPRUS:
North Cyprus is one of the most attractive destination for property investors with high ROI and property appreciation over 10% per year.
There are different opportunities for customers to buy a property for long term or short term lettings depends on areas. Particulary, properties located in the city center close by schools, universities and major ametnities are considering for whole year rentals with average income around 400-450 GBP for two bedroom apartment. As for beachside and countryside properties more common to give on short term rentals with average weekly income up to 300-350GBP for two bedroom apartment.
Prices on the properties in North Cyprus are very affordable, especially more beneficial to buy off plan that accumulates from the planning phase of a development to its handover.
Purchasing off plan will allow the buyer to freeze the sales price that usually below the market price and get the benefits of capital growth on its completion with approximate rate over 20%
From the other hand, resale properties have advantages with already paid taxes, purchasing costs and ready accommodation to move in or rent it out.
We are ready to give you more detailed information regarding your investment potential.