Real estate in Northern Cyprus

Northern Cyprus, which is known as the pearl of the Mediterranean, has the fifth place in the ranking of the safest countries in the world; This means security in all fields, especially the economic field. Paradise or Paradise Island is the title of Northern Cyprus. The people living in this country speak Turkish-Istanbul language, but due to the touristic nature of this country, people are often familiar with English. The capital and most central city of Northern Cyprus is Nicosia. Northern Cyprus is famous for its beautiful beaches and always balanced climate, and tourists refer to it as the pearl of the Mediterranean.

Many people think of buying real estate in North Cyprus in order to immigrate and settle in this beautiful country. If you are one of these people, stay with us until the end of this article to know the important details of this important decision.

Real estate in Northern Cyprus

Conditions for buying real estate in North Cyprus

The 10% increase in property prices in Northern Cyprus indicates that the demand for property in this country is increasing and is always on the rise. This increase is applied every three months, and according to the available information, real estate construction projects are sold in the first few months, and we see the close competition of construction companies in North Cyprus.

According to the above explanations, we should keep in mind that buying real estate in North Cyprus is a great investment and we should not postpone the purchase for a long time, because with this, the initial price will be very different from the secondary price. Start increasing the profit of your investment in the safe and beautiful country of Northern Cyprus today.

How to get a residence in Northern Cyprus

Staying in the unique country of North Cyprus is possible in several ways. Next, we will examine the conditions for obtaining a stay in North Cyprus.

• Temporary residence by purchasing real estate

According to the approved law, in order to receive temporary residence in Northern Cyprus, the property in question must be worth at least 80,000 pounds; This is possible if you have to pay about one-third of the amount in cash and the rest up to 7 years. With this, you will receive credit for one year in the first year of your visa, and it can be extended for two years in the following years.

• Permanent residence by purchasing real estate

For this type of visa, you are required to buy a property with a value of at least 12,500 euros or equivalent. This is possible if you have to pay about one-third of the amount in cash and the rest up to 7 years; With this, you will receive credit for one year in the first year of your visa, and it can be extended for two years in the following years, and after six years, you will receive a white card for permanent residence.

• Temporary residence through education

One of the most popular ways to stay, especially among young people, is the study stay. People who want to stay as a student must first accept their studies through valid companies and to guarantee themselves as a student, they must pay the tuition fees of their first semester. to pay, and after that, by getting a study employment certificate, they will have the ability to receive a one-year residence permit, which must be renewed every year.

Real estate prices in Northern Cyprus

Prices in North Cyprus for small houses or suites start at 80,000 pounds, and for houses with at least one bedroom, you have to pay a fee equal to 10,000 pounds. Also, with the addition of one bedroom to each unit, a fee equal to 3,500 pounds is added to the price. You have to pay for the house. Also, with a minimum of 30,000 pounds, you can own a villa unit in North Cyprus.

Conditions for buying real estate in North Cyprus

Property discounts in North Cyprus

Companies selling real estate in North Cyprus consider gifts to encourage investors and buyers, which we will examine below.

• Cash discounts

If you intend to invest and buy real estate in North Cyprus, you can take advantage of this opportunity with great discounts, and in this case, you will be at ease with the legal procedures by writing it in the contract.

• Home Appliances

Home appliances including furniture or part of kitchen appliances are among the special offers for real estate buyers in North Cyprus. If there is this discount on buying a house from the manufacturer, you can use other discounts.

• Payment of rent until delivery of the house

This discount is for people who have bought pre-sale houses, who can live in rented houses for free until the moment of delivery of their unit.

• Free return ticket

Acceptance of round trip expenses by the company is one of the attractive discounts for investors.

Investigating the employment situation in Northern Cyprus

The minimum salary in Northern Cyprus is close to 30,000 Turkish liras, which if we compare it with the income of the people of Turkey, we will reach the double income of the people of Northern Cyprus compared to the people of Turkey, which is a huge difference considering the neighborhood of these two countries. According to the statistics at hand, we can say that due to the huge flood of tourists that we see every year, the employment situation in North Cyprus is very good and anyone with any level of interest in jobs can work in this country.

Investigating the employment situation in Northern Cyprus

Studying the religion of the majority of the people of Northern Cyprus

The religion of the majority of the people of this coastal country is Sunni Muslim, and only two percent of the people of North Cyprus are Christians, but it is worth mentioning that this country has complete freedom of religion and every person, especially the emigrants, can follow any religion. to do their affairs freely, the characteristic of this statement is the completely different life and clothing of women in this country, and there is no law regarding compulsory hijab in it.

Next, one of the services of Zahourian Investment Company is investment services in North Cyprus, and if you are looking for investment in North Cyprus, without a doubt, the investment company will be an attractive choice for you! You can get more information about these services by visiting our investment services page!

The safest investment buying real estate in North Cyprus!

If you are planning a comfortable migration along with a safe investment, buying real estate in North Cyprus is one of the wonderful options in front of you. By doing this, you will get both residence in this beautiful country and its high profit, which will make you feel at ease. . To get more information about this exciting purchase and for more information about the services of Kargar Group in North Cyprus, visit our services page in North Cyprus.