Today, Northern Cyprus is considered one of the best places in the field of real estate investment. It is considered the best profitable choice in this country, among the projects under construction and from the very beginning of the project.
The island country of Northern Cyprus in the Mediterranean Sea is one of the beautiful countries with pristine nature. The economy of Northern Cyprus is mostly based on agriculture. But in the past years, there has been a high focus on the real estate market as well as company registration. It is interesting to know that the growing and profitable nature of buying property in this country has made people from all over the world interested in buying property in North Cyprus. Today, we see projects under construction almost all over the island. The installments of these projects have made it possible for most people to easily afford the property. This tourist area, which is always full of tourists from all over the world, allows investors to rent out their property in pounds and have a good annual income. In this article, we have tried to remove all the ambiguities and help you make the best and most profitable choice in the field of buying property in North Cyprus.
Buying property in North Cyprus
North Cyprus is a part of the beautiful island of Cyprus in the Mediterranean Sea. Due to its mild Mediterranean climate and pristine nature, this island always hosts many tourists from all over the world. This has made many people from Europe and America choose this beautiful island for their lives. The arrival of foreigners to this island and the start of their numerous investments, caused the economy of North Cyprus to experience a unique leap in recent years. One of the most important things that is clearly known is the increase in property value in this country. It is interesting to know that many projects in North Cyprus are offered for pre-sale. In fact, it is these pre-sale options that can be a suitable choice for investment. These pre-sale apartments can be one of the best ways to invest in the short term, which will bring you a very high profit.
Advantages of buying property in North Cyprus
It is good to take a look at the advantages of buying property in North Cyprus in this section. Some of these benefits are:
Reasonable property price in North Cyprus: In fact, with a simple search, you will find that property prices in this country are much lower than in European countries.
The profitability of investing in the real estate sector of North Cyprus: It is interesting to know that in recent years, the American magazine Forbes has presented North Cyprus as the best place for real estate investment several times.
Simple rules for foreigners: In order to attract foreign investments, the country of Northern Cyprus is not particularly strict about the entry of people into this country, and you do not need to obtain a separate visa to enter this country.
Obtaining residence: Although it will take several years to obtain a permanent residence in Northern Cyprus, you can easily obtain a temporary residence in this country by buying a property for yourself and your family by following the rules.
Low tax rate: One of the most interesting things about investing in this country is the smallness of the tax rate compared to neighboring foreign countries.
The possibility of buying the property in installments: If you buy from projects that are under construction, you can easily use the possibility of paying in installments from the builders.
Low cost of living and decent level of welfare in Northern Cyprus: The good weather conditions of Northern Cyprus, the pristine nature and the existence of numerous recreational facilities have increased the quality of life in it. You should also know that compared to many countries in the world, the cost of living and its essential items is very low.
The best time to buy property in Northern Cyprus
We knew that the best choice of property in North Cyprus is from a pre-sale project. The best time to buy a property in North Cyprus among pre-sale projects is during the introduction of the project. so called when the project is on the ground. At this stage, as a buyer, you will pay the least amount for the purchase of your desired property, and you will get the most profit during the progress of the construction of the project. In addition, you will have more time to pay the installments. Another reason is that many construction companies will allow you to customize the map and materials during the construction of the project. Therefore, you can incorporate your taste as much as possible into your purchased property.
Pay attention that the manufacturing companies, before the official unveiling of the project, introduce it specially to their top sellers. In this limited period until the unveiling of the project, the units will have exceptional prices and even lower than the unveiling time. The experts of Saadat Visa Investment Company will be by your side from zero to one hundred in this way, so that you can make the best choice in buying property in North Cyprus. Just contact us for a free consultation.
final word
In recent years, the island country of Northern Cyprus has been introduced as one of the best places in the world for real estate investment. It is good to know that the growing economy of this country has made you to have a very high profit in the short term by buying property. Among all the different types of real estate, the best choice is under construction projects. Pay attention that if you intend to have the most profit, it is better to make your purchase from the very beginning of the project, that is, when it has not yet started. If you want to make a safe and secure purchase from the best manufacturers in Northern Cyprus, contact our experts at Saadat Visa Group. During a completely free meeting, our consultants will introduce the best projects suitable to your budget and payment terms.
