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I don’t know where to invest best in 2023. What should I do?
One of the best options is to invest in real estate in northern Cyprus, since Turkey there is striving to develop towards a second Singapore. So there are even casinos, night clubs, etc., which is culturally unthinkable in Turkey. Northern Cyprus is therefore the perfect balance between other EU countries and yet very European-liberal culture. The fact that it is Turkey is the greatest advantage of Northern Cyprus.
Why should I consider Northern Cyprus for high -yields?
real estate in northern Cyprus are still affordable, but prices are increasing quickly. There is currently a gold digging mood, which is why it is important to act quickly and to secure the best properties to benefit from the advantages of this investment.
Why should one invest in real estate there despite negative prejudices and a lack of reference to northern Cyprus?
Although there are many negative feedback on northern Cyprus, especially from the Greek side because of the higher prices, there are also positive aspects: the fact that Turkey wants to make Northern Cyprus a second Singapore and there are even casinos, night clubs etc. gives – the culture is European -liberal. It is important to find out well before making such an investment.
Can you buy real estate as a foreigner in northern Cyprus?
Foreign real estate buyers and investors are welcome in northern Cyprus because they are the growth engine in northern Cyprus.
Why should I buy a property in northern Cyprus?
Nordzyders is the location of the future with a unique geostrategic location and a strong development. Northern Cyprus grows quickly and attracts more and more people and companies from Europe and around the world. The special lifestyle and the sustainable economic attractiveness ensure constant growth and increasing demand. For real estate buyers, this means, in addition to good returns and short and long-term increases in value, also personally from luxury and lifestyle northern Cyprus.
How does the purchase of a property in northern Cyprus work?
Basically, the purchase works as in most European countries. First you reserve a property by paying a down payment (approx. 5,000 euros). There is an official purchase contract and a corresponding protection of the new owner by entering the owner in the cadastral office, comparable to a land register entry. With the deposit of 30-50% depending on the construction progress, you become the owner of the property.
As a foreigner, can you finance a property in northern Cyprus?
Yes, even as a foreigner you can finance a property in northern Cyprus. However, the interest is about 9-15% p.a.
How safe are the rental income on northern Cyprus?
North Cyprus is a very investor -friendly location that offers property owners a high degree of legal certainty. Rental failures or even rental nomads such as in Germany are therefore very unlikely in northern Cyprus, since the tenants always pay in advance.
Who takes care of rental, care and maintenance of my property in northern Cyprus on site?
Most of the time, this is taken over by the builders themselves. These also offer the transfer for the guests. Otherwise there are many service providers on site that can do this.
What do I have to pay attention to if I want to buy a property in northern Cyprus?
It is important to look for a competent partner, because:
Especially for outsiders who are not constantly on site in northern Cyprus and can deal in detail with real estate projects and the best locations, it is often Very difficult to find and correctly evaluate real estate. another project is installed.
This also affects the construction quality and the equipment of the objects. There are developers who use cheaper building materials or are more economical when it comes to equipment. This later leads to higher repair costs and less demand among the tenants.
There is also a lot to consider when buying the purchase, since the process is often different than in Germany, Austria or Switzerland. And last but not least, language is a challenge for many.
What do I do best when I want to buy a property in northern Cyprus?
Fill out the form below quickly. An expert employee will contact you immediately. We check your individual search criteria, organize suitable sightseeing objects or land on site and support the entire purchase process. There are no brokerage fees.
1. Contact
If you are interested in buying a property in northern Cyprus, please contact us and let us know your exact investment plans. A knowledgeable employee of our broker team will contact you immediately. Together with you, we discuss possible investment objects and clarify all open questions. Your sightseeing tour planning can already be discussed now.
2. Free accommodation
We provide you with free accommodation in a beautiful holiday complex for 3 days. Simply send us a copy of your passport and your plane ticket. Enjoy the wonderful climate of Northern Cyprus during your sightseeing tour!
3. Collection from the airport
You fly to northern Cyprus on a jointly agreed appointment, preferably a Sunday so that the visits can start on Monday. The flight takes about 3 1/2 to 4 hours. We organize your transfer from the airport to the holiday accommodation. We cover the cost of transfer and accommodation in full.
4. Your dream property
Together with the respective builders, we will show you the best real estate projects in northern Cyprus and help you to find your dream property. If you are interested, you can reserve projects directly, the price of which is then fixed for you.
We are happy to support you in any authorities and offer our extensive service even after the purchase. As usual in Germany, the payment of a new building is made according to construction phases.