Investing in real estate in Northern Cyprus - profitable source of income!

Investing in real estate in Northern Cyprus presents an attractive opportunity for those seeking a stable and profitable source of income. Particularly appealing options are apartments in residential complexes located on the seafront.
Purchasing an apartment in such a complex before construction begins can be a lucrative move. Considering the continuous growth in property prices, investments in under-construction properties can yield significant profits in the future. Furthermore, acquiring an apartment for rental purposes ensures a steady income for many years to come.
One of the advantages of such investments is the opportunity for convenient payment planning. Many developers offer favorable terms: just a 30% down payment and installment payments over a period of up to 5 years. This makes property acquisition accessible to a wide range of investors.
The choice of location also plays an important role. Apartments on the coast may attract more tourists and tenants, ensuring a steady income stream. Proximity to the sea and beach makes such properties particularly appealing to vacationers for both short-term and long-term stays.
Northern Cyprus offers a wide selection of apartments in various areas such as Bogaz, Yeni-Bogazici, and Esentepe. These places are known for their beautiful nature, amenities, and developed infrastructure, making them attractive to buyers.
Renting out property becomes even more profitable when considering rental prices. For example, studios in resort areas can fetch from 400 euros per month, while apartments in Kyrenia can bring in rental income starting from 650 euros. This significant income can help cover loan expenses and provide additional profits.
Overall, purchasing an apartment in Northern Cyprus for rental purposes presents an attractive investment opportunity with high income potential. Favorable payment conditions, attractive locations, and high demand for rentals make this market appealing to investors worldwide.

 

The contact person: Irna