
North Cyprus
Property prices in North Cyprus are relatively low compared to other Mediterranean destinations, making it an attractive option for those looking to invest in a holiday home or rental property.
The region boasts stunning natural beauty, with miles of unspoiled coastline, rugged mountains, and pristine forests.
With a warm and sunny climate all year round, it makes it a perfect destination for those seeking a relaxed and peaceful lifestyle in a beautiful setting.
Interesting Thoughts
Property
Property Ownership: Unlike other Mediterranean destinations, property ownership laws in North Cyprus are straightforward and transparent. Foreigners can purchase property without any restrictions and are granted freehold ownership of the land. This makes it easier for property hunters to invest in the area without having to worry about any legal hurdles.
Market
High Rental Yields: North Cyprus offers some of the highest rental yields in Europe, with an average rental yield of around 7%. This is due to the fact that the area is still relatively undiscovered and offers a unique blend of Mediterranean lifestyle, culture, and history. Property hunters looking to invest in rental properties can expect to see a good return on investment.
300 days of sunshine per year on average
By comparison, the UK has just 58 days of sunshine on average.