There are many options to buy North Cyprus property. It’s possible to buy apartments and villas that are under construction and already built. Stay Property developer is ready to offer luxury and economy class properties that follow your demands and financial features.
Why Is It Reasonable To Buy North Cyprus Property
Below you will find some reasons to become a North Cyprus property owner:
- An apartment can be purchased for $85,000 at the very beginning of the building. The price is rather low in compliance with prices in other European countries. Moreover, a few developers are willing to provide interest-free payments.
- The feature to increase investment income if you decide not to relocate to the country. It is possible to do this by renting out the house.
- Low requirements for getting a residence permit to move to the country for living.
- The investment income is higher than in most European countries. It is about 10% per year.
- Easy to make a deal. The purchasing process is not too complicated because the government is open to receiving foreign capital.
- It’s rather easy to get a residence permit and citizenship in the future.
The climate is soft in the country. So, it’s a good place to have a rest.
Best Cities To Buy Real Estate
These are cities that are popular among foreign investors:
- Kyrenia.
- Lefkosh.
- Famagusta.
- Guzelyurt.
Investors are focused on the new property. So, there are many residential complexes that are already built and that are under construction. If you want to purchase North Cyprus property at a bargain price, you should contact a reliable developer like Stay Property. The company can offer you the following:
- Apartments in new residential complexes. The most popular are 1+1, 2+1, and 3+1. Some of them have their own terrace. Depending on the complex, the list of services for residents will change. Usually, residents can get access to the swimming pool, SPA, fitness, and the rest zone.
- Villas are really popular among investors, who want to buy their own house next to the sea. There are villas 1+1, 2+1, 2+2, 3+1. 4+1, 5+1, 4+2, and 5+2. Despite they are located in the suburbs, it takes several minutes to move to the center of the city. In this case, it is easy to find a shop, school, hospital, bank, and other objects of infrastructure.
- Commercial buildings. They can be in a business center, on the ground floor of a residential complex, or in the trade center. It’s a great feature to launch your own business in North Cyprus. Moreover, it is possible to discuss the process of constructing the new building according to your demands and needs.
So, it is really profitable to buy real estate in North Cyprus. If you need more information, you can contact Stay Property.
