Total area of the apartment
89 m²
Northern Cyprus attracts investors from around the world due to its unique opportunities and high returns on real estate investments. One particularly advantageous option is purchasing an apartment from a developer before construction begins. This allows buyers to acquire property at the lowest possible price and achieve maximum future benefits. Let’s explore the advantages of such investments in detail.
Buying Property Before Construction Begins
Purchasing an apartment at the project stage allows for significantly lower prices compared to already built properties. This is especially relevant in rapidly developing areas like Iskele. Here, real estate prices are constantly rising, ensuring a stable increase in the value of purchased apartments.
Flexible Payment Terms
Most developers in Northern Cyprus offer flexible payment terms. Installments can be provided until the end of construction, as well as for a period of 2-5 years after receiving the keys. This makes property purchase accessible to a wide range of investors, allowing them to plan their financial flows more effectively.
Guaranteed Rental Income
One of the main advantages of investing in real estate in Northern Cyprus is the possibility of guaranteed rental income. Coastal residential complexes, especially in Iskele, are in high demand among tourists and locals. This allows investors to receive stable income from renting out their apartments.
Iskele – The Best Area for Investments
According to Forbes, Iskele is one of the best areas for real estate investments in Northern Cyprus. This area is actively developing: new roads are being built, modern casinos are opening, and beaches and resort complexes are expanding. Iskele is known for its sandy beaches and clean coastline, making it attractive to tourists and residents.
Developed Infrastructure
Iskele offers all the necessary infrastructure for comfortable permanent living. There are schools, universities, workplaces, shops, and restaurants. Just 15 minutes away is Famagusta, a major city with rich history and diverse entertainment options. Bogaz, the new gem of the region, attracts with its unique atmosphere and new residential complexes.
Residential Complexes with 5-Star Hotel Infrastructure
Many new residential complexes in Iskele offer 5-star hotel-level infrastructure. Here you can find swimming pools, fitness centers, spa salons, restaurants, and bars. These amenities make living comfortable and enjoyable, as well as increase the attractiveness of apartments for renters.
Unique Nature and Conservation Areas
Northern Cyprus is renowned for its unique nature and conservation areas. Iskele offers stunning views of the Karpas Peninsula and other natural attractions. Living in such places allows for year-round enjoyment of nature’s beauty and fresh air.
Comprehensive Support from Alliance-Estate
Alliance-Estate offers a full range of services for the sale and rental of real estate in Northern Cyprus. With two offices in Iskele and Kyrenia, the company’s specialists provide professional support at all stages of property purchase and rental. This includes assistance in selecting a property, legal support for the transaction, and property management.
Conclusion
Investing in real estate in Northern Cyprus, particularly in the Iskele area, represents a profitable and promising option for capital investment. Flexible payment terms, guaranteed rental income, developing infrastructure, and unique nature make this region attractive to investors from around the world. With the help of Alliance-Estate, you can be confident in the success of your investments and the comfort of living in Northern Cyprus.
