Northern Cyprus is not only a piece of paradise surrounded by the warm waters of the Mediterranean Sea, but also a territory with a visa-free regime. It is the harmonious combination of a visa-free regime and a warm maritime climate that makes the real estate of the state extremely attractive for people who plan to invest in stable overseas real estate.
Attractiveness of real estate investment in Northern Cyprus
A significant advantage of real estate in Northern Cyprus is its financial availability, in comparison with real estate in Southern Europe. Moreover, it can be argued that real estate prices in Northern Cyprus are several times lower than the prices of Mediterranean resorts of a similar level.
A clear advantage of investing in real estate in Northern Cyprus is the fact that the resort state is on the path of development, so that real estate in it will always be in price. In addition, investment in real estate in Northern Cyprus can be considered long-term, since the prices of apartments and houses on the island are constantly growing and have no prerequisites for reduction.
COMFORTABLE LIFE AND A SEA OF IMPRESSIONS
In addition to investment attractiveness, Northern Cyprus may be of interest to many as an option for permanent residence. Among the most obvious advantages of the state:
Warm climate with over 300 days of sunshine per year
Developed infrastructure, from shops and parks to specialized business centers and office buildings
Competitive property value
Good ecology and unique nature of the Mediterranean island
The presence of a strong educational base in the face of schools and European universities, the prices for education in which are also much lower than the prices for education in Europe
Stable economy and non-aggressive state policy
Good attitude towards immigrants from the local population
Relatively low prices for food, clothing, utilities, etc. The prices of Northern Cyprus for a number of services and goods are much lower than in Moscow
Lack of overcrowding with tourists
Soft legislation and a minimum tax threshold for private entrepreneurs
Virtually no crime
Profitable purchase of real estate
Independent search and purchase of housing can be associated with certain risks and difficulties, due to ignorance of the law, language, search capabilities, pricing policy and other nuances. In order for the search and purchase of real estate in Northern Cyprus to go without complications and bring the expected results, it is appropriate to entrust all organizational aspects to specialized companies.