In this article, we have written for you what to consider when buying a house in Northern Cyprus, everything you need to know about Cyprus and what you need to know when investing in Real Estate in Northern Cyprus.

Well Forbes Investment Magazine (5 Best Beachfront Buys for 2021)

In the "Top 5 Beach Investments 2021" investment advice article, what should be considered when buying a house in the Iskele Area of ​​Northern Cyprus, which is in the first place (North Cyprus)?

Things to Consider When Buying a House in Northern Cyprus

Persons who will make investments from abroad in the Turkish Republic of Northern Cyprus (K.K.T.C.) can purchase 1 (one) real estate. (For Turkish Citizens, this right to purchase real estate is increased by 4.) On the other hand, there is no restriction on the number of legal persons, ie companies, on the number of housing purchases in Cyprus, in the distinction between legal and private persons.

In almost all of the New Housing Projects, flats are sold with equivalent title deed.

(There are 3 types of title deeds in total in Cyprus. These are: Turkish Title Deed (Koçan), Equivalent Deed, Allocation Deed (deed used in State Leased Areas) *Equivalent title deeds are internationally valid and accepted by both the Turkish Governments of Southern Cyprus and Northern Cyprus. *

Tax rates for apartments purchased in Cyprus are 1/3 lower than in Turkey; but as an extra such as transformer fee; It is a type of payment similar to the opening payments for needs such as electricity, water, natural gas.

As a currency in Northern Cyprus; Sterling £ (Pound) is used in the real estate and vehicle market. On the other hand, foreign exchange trade is carried out in all investment regions. (Turkish citizens can make the payment of their investment in Sterling £ (Pound) by taking a loan in Turkish Lira ₺ from Türkiye İş Bankası or other banks in Turkish Lira ₺.)

If you buy real estate in Northern Cyprus, the return period of your investment: (Depreciation period-Depreciation)

-10 Years with the Rental Guarantee offered only by the Manufacturer,

- 8 Years with Cashback (Interest Payable), ie 6% annual payback on your investment and Rental Guarantee,

-As the owner of an apartment in Northern Cyprus, you will amortize your investment in 6 to 10 years with the annual value increase of real estate, annual rent increase and seasonal market value increase of real estates.

(Worldwide depreciation, real estate payback period varies between 8 and 50 years. Real estate payback period in Turkey is between 18-42 years on average.)

For detailed information about the things to consider when buying a house in Northern Cyprus and the most profitable real estate housing projects in Northern Cyprus:

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Our expert investment consultant will inform you about all the projects in the Northern Cyprus Iskele region free of charge. If you want to see your investment and explore on site; You can get information about our projects in North Cyprus via video call or.

We serve you with 20 years of real estate investment knowledge and experience of Cyprus Deluxe, without ever having to think about what to consider when buying a house in Northern Cyprus.

How many houses can I buy in North Cyprus?

What are the tax rates in Northern Cyprus?

Legal processes followed in the purchase of housing in Northern Cyprus?

Why is real estate investment made in foreign currency in Northern Cyprus?

Which currency is used in which investment regions in Northern Cyprus?

You can read our article about all frequently asked questions (FAQ).

This and similar things to consider when buying a house in Northern Cyprus; Let us inform you in detail about all the questions in your mind about real estate investment and the differences between investing in real estate in Northern Cyprus and investing elsewhere.

By purchasing any of the Cyprus Deluxe housing projects and investing in real estate in Northern Cyprus;

You can keep track of both the entire purchasing process of your flat and the rental and sales and marketing processes after purchasing it. Moreover, you do not pay any fee for our International Investment Advisory service.

The article titled "Things to consider when buying a house in Northern Cyprus" you have read has been determined based on real estate investment evaluation data in Northern Cyprus for 5 years; It has been transcribed with information obtained from international and official sources. The follow-up of the legal processes in the real estate purchase related to Northern Cyprus is monitored 24/7 via official authorities.

While investing in real estate in Northern Cyprus, the entire process will be followed by Cyprus Deluxe officials; Official processes in projects will be managed directly, without the need for a proxy.

You can reach our most profitable housing projects in real estate investment in the Iskele Region of Northern Cyprus HERE.

Why invest in real estate in Northern Cyprus?

do you need to hang?

You can visit our website to find out which CAMPAIGN is more suitable for you in the projects in the Iskele Region, which is the Largest Housing Project Area of Cyprus.

We hope that you have found the answers to all your questions in our article "Things to Consider When Buying a House in Northern Cyprus". As the Northern Cyprus Iskele region is the most profitable investment region in real estate investment; While attracting the attention of many international countries, in order for Turkey to be a partner in this investment; Do not forget that it increases the number of real estate purchases.

If you plan to invest in real estate in foreign currency in the near future; Do not forget to get information about the housing projects that are the most profitable for you and the most suitable for your budget in the TRNC.