How to choose the right place to invest and live in North Cyprus

With its beautiful beaches, rich history and fascinating culture, Northern Cyprus is increasingly becoming an ideal destination for investment and living. The pleasant Mediterranean climate, relatively low cost of living and hospitable people make this area a great place for those looking to change their lifestyle or start a new business.

However, with the variety of regions and cities in North Cyprus, choosing the right location can be challenging. To help you decide, here are some key factors to consider:

Lifestyle in Northern Cyprus

Beach: If you are looking for sun, sand and sea, choose cities like Kyrenia, Famagusta or Karpaz. These cities have beautiful beaches, lively resorts and active nightlife.

Rural: For a quieter life, consider villages like Lefkra, Katodra or Kalwas. These villages offer stunning views of mountains and forests and provide a great opportunity to experience traditional Cypriot culture.

Urban: If you are looking for the excitement of urban life, choose Nicosia, the capital. Nicosia is the commercial and cultural center of Northern Cyprus and offers a wide range of restaurants, shops and cultural events.

Also, 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!

How to choose the right place to invest and live in North Cyprus

Cost of living in Northern Cyprus

Housing prices: Housing prices in Northern Cyprus are relatively low compared to other European countries. However, prices can vary significantly depending on the location and type of property.

Cost of living: The cost of living in Northern Cyprus is also relatively low. Food, transportation and other essentials are significantly cheaper than in Western Europe.

Career Opportunities

The economy of Northern Cyprus is mainly based on tourism, agriculture and manufacturing. Job opportunities in these sectors are generally more in cities and tourist areas.

If you are looking to work in an international company, you may have limited opportunities. However, the demand for skilled workers is increasing, especially in fields such as information technology and tourism. Also, the official language of Northern Cyprus is Turkish. However, English is widely spoken in tourist areas.

Property Type

Apartments: Apartments are a popular option for living in North Cyprus, especially in the cities. They are usually cheaper than villas and easier to maintain.

Villa: Villas offer more living space and often have a private pool and garden. They are usually located in rural or suburban areas.

Townhouse: Townhouses are a combination of apartments and villas. They usually have more space than apartments and may have a small yard or garden.

Next, if you are looking to buy property in North Cyprus, another service of Zahourian Investment Company is to provide property purchase services in North Cyprus. These services are performed by our skilled experts, and you can get a free property purchase consultation by visiting our North Cyprus property purchase service page.

Investment objectives in Northern Cyprus

If you are looking for a rental yield, you may want to buy a property in a tourist area or close to a university or business center. Or, if you are looking for a capital increase, you may want to buy a property in an area that is developing or has the potential for future growth. Also, if you plan to live in the property, you should make sure that it meets your needs and preferences.

Next, before buying a property in North Cyprus, it is important to check the relevant laws and regulations. There are things like residence permit requirements, tax laws and construction regulations that you should be aware of. You should also hire a qualified attorney or real estate agent to help you through the buying process.

Investment objectives in Northern Cyprus

Advantages of investing in North Cyprus

Low cost of living: The cost of living in Northern Cyprus is significantly lower compared to other European countries.

Favorable climate: Northern Cyprus has a Mediterranean climate with hot and dry summers and mild and wet winters.

Beautiful scenery: This country has beautiful beaches, green mountains and traditional villages.

Rich Culture: Northern Cyprus has a rich history and culture that is a blend of European and Asian influences.

Hospitable people: The people of Northern Cyprus are known for their warmth and hospitality.

Convenient location: Northern Cyprus is located at the crossroads of Europe, Asia and Africa, making it an ideal base for travel and business.

Disadvantages of investing in North Cyprus

Lack of international recognition: Northern Cyprus is not recognized by most countries in the world, which can affect its economy and real estate market.

Limited infrastructure: Some of the infrastructure in Northern Cyprus, especially in rural areas, is not as developed as in other European countries.

Language barriers: If you don’t speak Turkish, you may have trouble communicating with the locals.

Popular areas and cities for investment in North Cyprus

Kyrenia: Kyrenia is the most popular city and tourist destination in Northern Cyprus. The city has a beautiful harbor, a historic castle, and a wide variety of restaurants, shops, and cafes. Kyrenia also has some great beaches including Kyrenia Beach and Turtle Beach.

Famagusta: Famagusta is a historic city located on the east coast of Northern Cyprus. It is famous for its old walled city and beautiful beaches, including Famagusta Beach and Golden Beach.

Karpaz: Karpaz is a peninsula at the northern end of Northern Cyprus. The area is famous for its stunning natural scenery, including the Karpaz Peninsula, the Karpaz National Park, and Bastar Fosa Beach.

Nicosia: Nicosia is the capital of Northern Cyprus and the only divided city in the world. The city has a rich history and culture and is home to a wide range of museums, monuments and religious sites.

Lefkra: Lefkra is a traditional village located in the Troodos Mountains. This village is famous for its beautiful stone houses, narrow streets and traditional handicrafts such as basket weaving and silversmithing.

Katodra: Katodra is a mountain village located on the slopes of the Five Fingers Mountain. The village is famous for its stunning scenery, Byzantine churches and beautiful hiking trails.

Popular areas and cities for investment in North Cyprus

North Cyprus can be a great place to invest and live. However, before deciding to buy property in this country, it is important to carefully weigh all the pros and cons. Do your research, get help from a qualified professional, and make sure you buy a property that meets your needs and goals.

Finally, if you are looking for information about working conditions in North Cyprus, you can visit our North Cyprus working conditions page.