REAL ESTATE INVESTING IN CYPRUS. WHY CYPRUS?
It is one of the most reliable investments in the long run. The situation has created an artificially low real estate market in Cyprus. Even large luxury buildings with all accessories. It is usually about half the price of similar villas in the south. Below similar properties in France, Spain or Portugal. However. prices are now rising as observers mark new political developments. That appear to bring Northern Cyprus to the European level.
As the political situation changes and roads to the northern part of Cyprus are opened. locals are rapidly developing tourism in the country. Tourism is a major provider of foreign exchange. So friendly relations and cooperation with other foreign countries are important to the Cypriot population.
The Real estate investing in Cyprus is a booming sector and as a landmark there are many real estate projects to attract investment and tourism.
Rising real estate prices are another sign that this place will become very popular in the future. While many lands in northern Cyprus are still uninhabited, towns. Their neighborhoods are under construction, with flats, cottages. In short it is best option REAL ESTATE INVESTING IN CYPRUS.
Northern Cyprus receives investment from Turkey and the EU. Turkey since 1974 is a major supporter of TRNCs. It is important to know that the European Union (through its European Development Program). It has provided 259 million TRNCs over the last few years. European money is being made available. It is hoped that the merger of the two island areas into one soon. It will greatly strengthen the political and economic situation of Cyprus. Which is already of strategic importance to the Eastern Mediterranean. because of the recent discovery of huge oil reserves.
REAL ESTATE INVESTING IN CYPRUS IN NORTHERN CYPRUS IS A GREAT OPPORTUNITY
One of the reasons why many international investors. now rushing to buy real estate in Northern Cyprus. That it is very likely that after the positive referendum on the two zones. The Nordic countries will see significant increases in property values.
Local securities agents and builders are already seeing signs of a new boom, with sales up 25%. This year and rising interest in Russia, Scandinavia and the UK. So real estate in Cyprus has never been a better investment.
One person can only acquire one property for up to 13 plots of land. Which may consist of several parcels, and get only one of their land titles. Which prevents the real estate monopoly from buying a lot of land per foreign national. To purchase more as many as 13 objects or plots of land. That can be developed within the family. For each person in the family to purchase one piece of land or a piece of real estate with the title.
SECURITY, HEALTH AND TOURISM IN NORTHERN CYPRUS
The northern part of Cyprus is distinguished from the rest of the Mediterranean by a high security indicator. Studies show that northern Cyprus is even safer than southern Cyprus.
There is a strong focus on health tourism and there is great interest from investors in this issue. Northern Cyprus has recently become a member of the 54th World Health Tourism Congress. The weather on the island is perfect for people of all ages. So plans are being made to attract tourists from countries with long winter months. The aim of the tourism sector is to attract tourists for longer than usual on the island.
One million tourists visit the island every year. In 2017 this number has increased by attracting more tourists during the winter season. 70% hotel capacity was filled by June. Efforts are being made to ensure that guests in Northern Cyprus do not stay in hotels. Visit the historic and natural treasures of the island. Fall in love with the island and want to come back.
Fikri Ataoğlu, Minister for Tourism and the Environment of Northern Cyprus. Says Northern Cyprus is attractive to tourists because of the natural beauty of the island. its sun, sea and sand. It is a place where you can swim almost all year round.
THIS COUNTRY IS NOT ONLY DESCRIBED AS AN AMAZING. WORLDWIDE VALUABLE, UNDETERRED NATURE, HISTORIC MONUMENTS, BUT ALSO WARM HOSPITALITY AND HONESTY OF PEOPLE.
TOP REASONS TO INVEST IN CYPRUS
QUICK INVESTMENT RETURN.
GROWING ECONOMY. NORTHERN CYPRUS IS A SMALL PLACE BUT THE GREAT GROWING ECONOMY OFFERS A WIDE RANGE OF INVESTMENT OPPORTUNITIES.
A SECURE PLACE TO INVEST – THE THREE LOWEST CRIME LEVELS IN EUROPE.
GUARANTEED RENTAL INCOME – MORE THAN 60,000 YOUNG PEOPLE IN MORE THAN 100 COUNTRIES AT INTERNATIONAL UNIVERSITIES, SO EDUCATION AND TOURISM ARE KEY ECONOMIC SECTORS.
ALL EASTERN COUNTRIES FREE VISA.
ABOUT CYPRUS AND CYPRUS ISLAND
Above all.Cyprus Island is one of the most magical places in the world. Northern Cyprus is part of this beautiful landscape full of mystery and Mediterranean flavors. This Mediterranean region holds a 10,000-year history of impressive cultural heritage. Diverse treasures of the material world. It is best for REAL ESTATE INVESTING.
Turkish army were stationed in the northern part of the island as early as 1974. Since then, there have been Turkish army. Who have moved there from Turkey. Following the accession of the Republic of Cyprus to the European Union (EU) in 2004, a lot has changed. Now, for EU citizens wishing to explore Northern Cyprus. It is enough to have a passport or ID card and present it at the check box. No stamp shall be affixed to the passport.
Meanwhile.In the mountainous northern part of Cyprus, the Phoenicians, Assyrians, Egyptians, Persians, Hellenist, Romans, Byzantines, the Kingdom of Venice and the Ottoman Empire left their mark. Nature and terrain are the most beautiful corners of the island, with lots of fun to discover.
If you are interested in the natural world. You can enjoy Eco-tourism, discover the Cypriot orchids. A species that is typical of Cyprus, see the endless sandy beaches. Areas of exceptional natural beauty, home to rare protected turtles and carry many species of plants.
THE NATURAL BEAUTY OF THE ISLAND, THE GREAT CLIMATE, THE HEAT AND THE NATURE OF THE TURKISH CYPRUS, AND THE GOOD CHOICE OF FRESH FOOD PRODUCTS MAINTAIN NORTHERN CYPRUS AS A NON-COMMERCIAL PORT.
There is practically NO CRIME here best for REAL ESTATE INVESTING
Most importantly This country may remind you of long-lost standards in the UK. Where hospitality, courtesy and enjoying of life are common features of the country. Northern Cyprus has a typical Eastern Mediterranean climate with long hot summers and short, mild winters.
The northern coast, which is divided by Girne Mountains. Cyprus is recognized as one of the most beautiful places to live in the world. Plus, it’s home of Caret-ta and the Green Turtle.
Similarly. Snow in Cyprus only falls in the Troodos Mountains and lasts until April. Enough for skiing, skating, hockey and other winter sports.
The most famous and probably the most beautiful building here is St. Sofia Cathedral, turned into a Selimian Mosque in Ottoman times. Being in it, the street noise is dampened by the thick Gothic walls. Inside, there are no pictures, only naked light vaults. This part of Cyprus abounds in Gothic architecture. Such as Bellapais Abbey, St. Nicolas Cathedral (Lala Mustafa Paşa Mosque). Classical urban kingdoms of Salamis and Soli. Three fairy-tale castles in the Five Fingers Mountains. The medieval Famagusta Citadel, a world heritage site and the only remaining walled capital in Nicosia. . From the Yeşilırmak Village in the west to the Apostle Andre Monastery in the east. Every moment spent in northern Cyprus opens up to a hidden paradise of the world. give you unforgettable memories. Northern Cyprus deserves its name, the pearl of the Mediterranean.
WHAT DO YOU NEED TO KNOW ABOUT CYPRUS?
- Firstly Northern Cyprus is a former British colony and citizens currently recognized as European citizens.
- Secondly The main language is Greek / Turkish. but English and Russian are widely used in expanding projects.
- In conclusion the Cypriot currency is the Euro (EUR). although in the northern part of the island the “official” currency is the Turkish Lira. In the northern part, you can easily exchange euros into local money. Payments can be made anywhere in dollars, euros, pounds sterling and all cards issued by Lithuanian/ Irish/ English banks.
- The local time in Northern Cyprus is three hours before Greenwich Mean Time (GMT + 3) i.e. coincides with Lithuanian time.
- Cars drive on the left, as in the UK.
- Similarly Cyprus is a great place for a holiday with children. There are a number of water parks for the whole family in the country. Most hotels offer services tailored to the needs of small travelers – mini clubs, swimming pools, playgrounds and children’s programs.
Cyprus has two international airports.
- Larnaca – Convenient to Larnaca, Nicosia, Limassol, Famagusta, Ayia Napa, Protaras and Paralimni, Girne and other cities in Northern and Southern Cyprus. This airport can be reached during the summer season by charter or scheduled indirect flights from tour operators.
- Paphos – Convenient for Paphos, Latchi and Limassol. Low cost airline Ryanair flies directly to Dublin from this airport.
- Likewise Cyprus always has a beautiful weather. It is sunny, hot and dry in spring and summer. The sun shines on this island for 10 hours a day in May, and from June to September it is almost dormant. Summer in Cyprus lasts from May to October, accompanied by hot sun. The temperatures up to 32 ° C.
- Renting a car in Cyprus is extremely cheap. A person over 21 can rent a car. Who has a full driving license and have at least two years’ experience.
- Meanwhile Electricity supply in Cyprus – 240V. Sockets are like in UK or Ireland. A special adapter should be used if traveling from other European countries to Cyprus.
- Grocery store prices are very similar to those in Lithuania. You can buy exotic, locally popular products for a reasonable price. If you want to shop cheaper – please visit the local market.
THE HISTORY OF CYPRUS
For nine thousand years, Cyprus has been part of a diverse, large civilization. Egypt, Persia, Rome, Venice, Ottoman and British empires were located on the north coast. Its strategic location at the crossroads of East and West gave the island a rich and colorful history.
THE CUISINE OF CYPRUS
Food in Northern Cyprus is varied and delicious. Variety of choices from juicy kebabs to Meze and sweet desserts. Special recipes to look out for: Seftali kebab – locally sourced from lamb; Hellim-halloumi cheese, traditionally made from sheep’s or goat’s milk and served on the grill, and delicious Pilavuna bread.
THE CULTURE OF CYPRUS
Most importantly Cypriot culture is reflected not only in events and festivals, but also in the rich folk art of the island. For centuries, crafts handed down from one generation to the next. You can explore while traveling in Cyprus include pottery, silver and copper, basket weaving, tapestries and the famous Lefkara lace. The island is rich in historical buildings that reflect the different periods of Cypriot history.
NATURE OF CYPRUS
Northern Cyprus is a haven for unusual wildlife. Interesting species and houses that you can see at any time of the year. The northern coast stretches of pristine, sunny, wild sandy beaches. This untouched land has much to offer for nature lovers.