Why should new investors pay attention to North Cyprus?

Throughout history, the attractiveness of North Cyprus to investors in the Middle East and Europe has continuously increased. Due to its unique economic, cultural and geographical location, this region has been able to attract the attention of international investors. On the other hand, investors are always looking for ways to increase their capital and assets. In the meantime, if a city or country has significant growth, or can attract many tourists and capitalists, new investors will use their property and capital in the same areas.

In this article, we are going to understand why investors should pay attention to Cyprus for investment by examining the economic and cultural situation of Northern Cyprus. So, if you are one of those people who are planning to invest, but you don’t know where to use your capital, be sure to read this article to the end.

The best time to invest!

Time is one of the most important investment factors. You may think to yourself that time does not have much effect on investment, even in a country like North Cyprus, but contrary to this opinion, one of the most important criteria that can multiply your capital or even destroy all your assets. Win, time and position.

In simple words, every investor should make a decision according to the context or the country in which he intends to invest. Many countries are developing, but identifying the best country or area to invest in is something that requires knowledge. Today, according to the economic and cultural growth of Northern Cyprus, many economists believe that this country can be considered a very bright destination for new investment.

What are the reasons for investing in North Cyprus?

The Turkish Republic of Northern Cyprus is known as an ideal place to invest in Mediterranean real estate. With its financial independence and special economic conditions, this country has been noted as an outstanding option for investors from the United Kingdom, Eastern and Western Europe, Scandinavia and the Middle East, and is experiencing a growing trend in attracting real estate investments.

One of the questions that has occupied the mind of many people is why investment is made in North Cyprus? In this article, we have provided attractive and convincing answers to this question and confidently state why North Cyprus can be an exceptional opportunity for large and profitable investments. In this section, we at Zahouriyan Investment Company will take a closer look at the reasons that justify investing in North Cyprus!

Also, one of the services of Zahoorian Investment Company is the property purchase service in Northern Cyprus and Turkey. These services are provided by real estate experts with legal license and credit and years of successful experience by Zahoorian Investment Company! You can get more information by visiting its dedicated page!

Why should new investors pay attention to North Cyprus?

1. The strategic geographical location of Northern Cyprus

One of the most important reasons for investing in North Cyprus is its outstanding geographical location. North Cyprus, despite its small size, has a strategic location that makes it a bridge between Europe and the Middle East. This key feature has attracted investors to take advantage of wider market opportunities and is one of the main reasons for buying property in this beautiful island.

2. Lots of investment opportunities in North Cyprus

North Cyprus offers diverse opportunities in areas such as real estate, tourism, manufacturing and service industries. The housing market in this area is witnessing a lot of prosperity and it provides unique tourism and recreational facilities. In general, North Cyprus has a lot of potential for investment.

3. Pleasant climate is another reason to invest in North Cyprus

With more than 340 sunny days a year, the mild climate of Northern Cyprus brings pleasant spring and summer temperatures that are very attractive to sun lovers and beach lovers.

4. Monetary independence in Northern Cyprus

Northern Cyprus, which is outside the Eurozone, is traded in pounds sterling, which allows investors to enjoy relative currency stability and is a good advantage for investing in Northern Cyprus.

5. Investment and financial regulations in Northern Cyprus

By implementing laws and regulations that encourage foreign investment, the government of Northern Cyprus has helped increase confidence in the financial markets and investment in the region, thus investing in Northern Cyprus is very safe.

6. Security and low crime rate in Northern Cyprus

Northern Cyprus is known as one of the safest places to live and invest, with a low crime rate, making the area very attractive to investors looking for security.

7. Advanced infrastructure in Northern Cyprus

With its advanced infrastructure, including extensive transport networks, modern communications and advanced financial services, Northern Cyprus provides a safe and suitable environment for investments. This factor is an important factor in answering the reasons for investing in North Cyprus.

8. Detailed review of risks and returns

Investing in North Cyprus may offer unique opportunities, but any investment decision should be accompanied by careful consideration of the associated risks and rewards. Consulting with financial and legal experts, a thorough understanding of financial and property laws, and a thorough understanding of the business environment can help investors make the best decisions.

9. Economic development and growth in Northern Cyprus

Northern Cyprus has made significant progress in economic development and growth in recent decades. Investment in this area is expected to have a bright future. Government measures to encourage domestic and international investments have also helped to attract large investments, and as a result, the economy of Northern Cyprus is growing and dynamic.

10. Amenities and comfort are another reason for investing in North Cyprus

The variety of amenities, rich and diverse culture, stunning natural scenery and relative safety make North Cyprus a desirable destination for investors and expats from all over the world who seek to establish a better life in this attractive place.

Amenities and comfort are another reason for investing in North Cyprus

11. Ease of travel and accommodation in North Cyprus

Traveling to North Cyprus without the need for a visa and the possibility of applying for residence for people of any nationality are among the advantages of this country. These facilities make it easy to travel, stay and even invest in North Cyprus in this area.

12. Affordable real estate prices in North Cyprus

Property prices in Northern Cyprus are generally lower than in Southern Cyprus. Compared to Turkey and other Mediterranean regions, this region offers similar facilities at a lower price and offers unique island regions. For example, prices for studio apartments in the main cities of South Cyprus start from at least €13,000, while in North Cyprus prices are much lower.

13. Increase in property prices in North Cyprus

In recent years, the real estate market in Northern Cyprus has seen significant growth. On average, the price of each square meter of property in important investment areas increases by about 10% annually. Meanwhile, in some other regions, prices have remained unchanged, which contrasts with falling prices in much of Europe. The reason for this phenomenon is the lack of reliance on international loans and the desire for construction using personal financial resources.

14. High rental yields in Northern Cyprus

In Northern Cyprus, commercial real estate is more profitable than residential, but it comes with higher risks and the need for major investments. On the other hand, residential properties in this area are also facing an increase in prices, and renting them out during the holiday seasons can bring up to 10% annual returns.

15- Beautiful natural areas in Northern Cyprus

The pristine nature of Northern Cyprus, with its traditional villages and stunning natural attractions, is one of the distinctive features of this region. There are a variety of properties in the area, offering everything from beautiful northern beaches to foothill villages with green and traditional spaces, as well as carob gardens with unspoilt views. In addition, the eastern and western coasts of North Cyprus offer unique opportunities for beach and water sports lovers.

16. Cultural heritage of Northern Cyprus

Northern Cyprus is known as a Turkish cultural center, with a rich history and diverse culture that includes traditional music and colorful festivals. Offering a mix of cultural experiences, from gourmet cuisine to historic sites and indigenous festivals, the region has many attractions.

17. Scientific and academic growth in Northern Cyprus

Higher education has always been important in Northern Cyprus and now with 18 active universities, it has seen significant growth. With the issuance of new licenses, the number of universities is expected to reach 26. The number of students has also exceeded 100,000 and is growing by 12-15% annually, which creates huge investment opportunities and contributes to economic development.

18. Increasing the level of tourism in Northern Cyprus

According to recent statistics, tourism in Northern Cyprus has increased over the past year. Imports from Europe (France and Germany) have increased by 25%, from North America (Canada and the United States) between 10 and 20%, from Scandinavian countries (Finland) by 50% and even from China by 18%.

Affordable living in Northern Cyprus

Compared to South Cyprus, the cost of living in North Cyprus is generally lower. The region uses the Turkish lira currency, which is more cost-effective for tourists and local residents. In general, the cost of living in Northern Cyprus is lower than in Southern Cyprus and other European countries, and hotels in Northern Cyprus are also cheaper than in Southern Cyprus.

19. High water quality in Northern Cyprus

According to reports, the beaches of North Cyprus have very good water quality and have the highest number of bathing sites with excellent water quality among European countries.

Further, to get more information about investing in North Cyprus, you can refer to the investment in North Cyprus 2024 article published in Zahorian Investment Company and get more information about investing in this country!

Reasons to invest in North Cyprus

Discovery of huge gas fields in Northern Cyprus

One of the main reasons for investing in North Cyprus is the presence of huge gas fields. With the discovery of one of the world’s largest gas fields in Cyprus, the island has attracted the attention of major fossil fuel companies. This discovery has turned the Mediterranean Sea into a flashpoint for regional tensions. In recent years, the discovery of large gas and oil fields near the coast of Cyprus and the surrounding areas has also led to an increase in regional conflicts.

Reconstruction of the city of Marash in Northern Cyprus

Marash, which has been under the control of Turkish forces since the 1970s and after the division of Cyprus, has now become a focal point for attracting tourists and commercial and investment activities in Northern Cyprus. This development can lead to the creation of new opportunities for economic development and tourism in the region. The city of Marash with its hidden secrets and unique attractions has made North Cyprus a pleasant destination for tourists and travelers from all over the world.

Investment attractions in North Cyprus

As one of the prominent destinations for investment in the Mediterranean real estate sector, North Cyprus has attracted increasing attention from investors with its special features and advantages. With growing property prices, high rental yields, pristine nature, rich culture, growing number of universities and students, and booming tourism, Northern Cyprus offers a variety of investment opportunities.

The region also has high potential for economic development with affordable living, high water quality, and the discovery of huge gas fields. The reopening of the city of Marash as a new center of attention for tourism and trade will increase the attractiveness of this area for investors. These factors can attract many tourists from all over the world to this country. On the other hand, with the attraction of tourists and the economic and cultural growth of North Cyprus, new investors get better opportunities for investment. This combination of features makes North Cyprus an attractive option for new investors.

final word

Investment is one of those economic activities that should be done with the utmost awareness. Because according to the existing markets and economic conditions, there is a possibility of capital loss at any moment. But investing in North Cyprus is one of those economic activities that can create a bright future for new investors. However, if you are one of those people who do not have accurate information about the investment conditions and the right time, you can contact the expert advisors at Zahourian Company and use their advice.