WHY NORTH CYPRUS

 

 

WHY NORTH CYPRUS

Why is it profitable to invest in Cyprus?

What makes Cyprus so attractive for investment?

Why is the real estate market in Cyprus so active lately?

Why is life in Cyprus so peaceful and safe?

Cyprus is a country where close to 100-150,000 young people reside during the year due to its quality education universities. This makes rent circulation quite high.

In addition to its magnificent nature and beaches, the entertainment sector also ensures that the island remains alive and vibrant in the tourism area.

The hospitable attitude of the people of Cyprus and the high socioeconomic structure are among the most important factors that provide peace on the island.

The educated people of the island, developed a sense of empathy, social values ​​are very important makes the island a safer country.

The people of Cyprus are friendly, honest, fair, democratic and social.

Peace talks in Cyprus are constantly on the agenda. The solution of this problem is the most important political issue that has been studied for years.

With the realization of natural gas reserves, the solution seems very close.

If peace is established, Cyprus' entry into the European Union and EU will be considered as one of the most important reasons to think about investment here.

In this case, the real estate prices of Northern Cyprus are likely to increase 3-4 times as much as the South of the island.

Investors have realized this and have already invested a lot in the island.

In addition, 90-95% of Turkish Cypriots have a European Passport.

Housing prices in Cyprus have risen dramatically in the last 2-3 years.

In 2015, in the center of Kyrenia; While 2 + 1 80m2 apartments are 40.000-45.000 pounds sterling, today we witness that the apartments in the same m2 are sold for 75-90.000 pounds sterling. Similarly, other regions, Magusa and Nicosia, have also increased at the same rate.

Pound investments in Cyprus are a huge advantage.

In recent years, Sterling has increased by 110% against the Turkish Lira and has made investors laugh.

In November 5, 2014; 1 British Pound is 3.50TL. In 2017, 1 British Pound is 5TL.

In 2014, the apartment purchased for 45,000 pounds sterling was 157,000 TL and today it is 353,000 TL.

 

One of the most important reasons for investment in Cyprus is; rental income.

Rents on a sterling basis cause a natural increase in itself with the increase in foreign exchange.

Turkey 25% - 30% across the lease depreciation in the year, the return on the island ranges from 10-13 years.

The 1 + 1 flats sold for £ 50,000 are around £ 350 for rent.

Even in the scenario where there is no rent increase, the rent return year is 12 years.

 

CYPRUS ...

1000 donkeys live freely in Dipkarpaz National Park Area.

There are festivals on the island all year round. These :
Kyrenia Olive Grove Festival (October)

Cyprus Raki Festival (May)

Güzelyurt Orange Festival (June-July)

Bellapais Classical Music Festival (May - June)

Tepebaşı Medoş Tulip Festival (March)

Lapta Tourism Festival (June)

Doğanköy Hawthorn Festival

Cyprus Theater Festival (September)

Yigitler Gavgarit Festival - Degirmenlik

Mormenekşe Artichoke Festival (April)

Avtepe Medoş Tulip Festival - Yeni Erenköy (March)

Kalavaç Gibriz Culture and Art Festival - Degirmenlik (April)

Karpaz Tourism Festivals - Kumyalı (April)

Yenibogazici Watermelon Festival (May-June)

Büyükkonuk Eco Days (May-October)

Hisarköy Orchid Festival - Lapta

Mediterranean Ayrelli Festival - Lapta

Beylerbeyi Silk Cocoon Festival (May)

Gazi Famagusta Children's Festival (May-June)

Cyprus Tango Festival (May-December)

Kirikkale Gabbar Festival Grinding (June)

Sinde Fair - Inonu (June)

Gazi Famagusta Culture, Arts and Tourism Festival (June-July)

Scaffolding Festival (June-July)

Beyarmudu Potato Culture and Art Festival (July)

Nicosia Youth Carnival (August)

Mehmetçik Grape Festival (August)

Yenibogazici Pulya Festival (August)

Serdarlı Babutsa Culture and Art Festival (August)

Geçitkale Hellim Festival (August)

Salsa Dance Festival (August-September)

Freshwater Carob Festival (September)

Famagusta Youth Festival (September)

Yedidalga Verigo Festival

Yeşilırmak Strawberry Festival

Lefke Walnut Festival

Lefke Date Festival

Bağlıköy Eco Days

Bağlıköy Paluze Day

Harvest Festival

Kalkanlı Çakısdez Festival

Görneç Hand Pasta Festival

Esentepe Zerdali Festival

Alayköy Grain Festival

Karsiyaka Ahlat Festival

Dipkarpaz Sand Castle Festival

It is sunny in 330 days of the year.
The average temperature in summer; 40c Annual average temperature; 21c Sea temperature in winter; 18c Sea temperature in summer; 28c Molohiya, peach kebab, kolokas most famous dishes; Paluze, Shamishi and Gollifa are the most famous desserts. Average food price in restaurants 30 TL Average beer price in bars 12 TL Average coffee price in cafes is 10 TL Daily car rental average 100 TL