Successful investing

starts with courage.

Investment is the dedication of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.

In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates.

reasons to invest in cyprus

Invest by Pound

Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. As of mid-2021, sterling is also the fifth most-held reserve currency in global reserves.

The Rising Investment

Over the last few years property prices in North Cyprus has increased significantly. Every year the cost of square meters increases by 10%. The most profitable resale strategy is the purchase of an object at the zero stage of construction, when the developer sells it at the lowest price.

Low Tax rate

Tax on real estate in the Northern part of the island of Cyprus is quite low. The payment when signing of the contract of sale(stamp duty): 0.5% of the property’s cost. The payment by the time you receive the keys from the builder(VAT): 5% of the property’s cost.

why investment in north cyprus is profitable?

North Cyprus is a place where nature hasn’t been tampered with.

Property purchasers are drawn to the ancient countryside villages’ unspoiled natural beauty and the charming inviting demeanor of the Turkish Cypriot people. Many North Cyprus villa and apartment complexes have as a backdrop the rapidly rising Besparmak (Five Finger) mountain range which sweeps down to the north coast beaches beyond. TRNC property investors have the choice between city properties with easy access to the charming Kyrenia Harbour with its “Monte Carlo”-style nightlife, restaurants, casinos and yachts, or a beachfront or mountainside property in a village or the countryside surrounded by fields, olive or carob groves and local character yet with many only 20-30 minutes’ drive from the buzzing city. Even many town-centre properties in North Cyprus have views to the mountains and can enjoy the floodlit St. Hilarion Castle at night, perched on the mountaintops behind Kyrenia. Unspoilt natural beauty is never far away for a North Cyprus property owner, whether you choose the north coast, east coast or west coast as your preferred location. The popular east coast near to Famagusta and the unspoilt more distant Karpaz Peninsula offer long stretches of sandy North Cyprus beaches, whilst the less developed west coast is great for water sports and kite-surfing, fuelled by the favourable winds on that side of Cyprus. Whatever type of environment you love, you will find it in North Cyprus.

In comparison to Southern Cyprus, real estate prices are lower.

For the same quality of property, North Cyprus is significantly more cheap than Turkey and many other Mediterranean destinations. It’s also more exclusive, with a distinct island vibe. It is, however, still a long distance from the level of Southern Cyprus. In Southern Cyprus in the cities of the “first tier” (Limassol, Paphos) ordinary studio apartment at the sea are costs at least €130,000.

Low crime rate and safety.

Cyprus is one of the safest countries in the world, according to a recent study conducted by Value Penguin. Cyprus is happy to be ranked 5th in the world out of 106 countries studied during the study of the safest countries on the planet. Moreover, Cyprus is the number 1 safest place to live and travel among the countries that have population under 5 million.

Northern Cyprus is not part of the Eurozone.

Northern Cyprus’ non-Eurozone status, which was previously viewed as a DIS-incentive by many, has suddenly become a big advantage and selling point for international property purchasers. All property prices in North Cyprus are tied to the stable pound sterling, which is the de facto international currency in the TRNC, where both the pound and the Turkish Lira are commonly accepted. By contrast, many other Mediterranean property destinations (such as Spain, Greece or South Cyprus) are all priced in euros which have fallen in value recently. Furthermore, the unpredictability of the Greek banking system, which clearly impacts both Greece and southern Cyprus, is deterring investors from investing in those nations in general. Investors and lifestyle property buyers in North Cyprus get “the best of both worlds,” with their property value fixed to a stable currency and a low cost of living (thanks to favorable exchange rates against the Turkish Lira), making eating out, shopping, and furnishing a new North Cyprus property extremely affordable.

Tourism in North Cyprus is on the rise.

According to new TRNC government statistics, tourism in North Cyprus has increased significantly in the last year, with increased numbers arriving from a variety of places, including Europe (up by 25% in France and Germany), North America (up by 10% and 20% in Canada and the United States), Scandinavia (up by 50% in Finland), and even China (up by 18%)!

Life is less expensive in Northern Cyprus than in Southern Cyprus.

Northern Cyprus is generally less expensive than Southern Cyprus. The main reason for this is that Northern Cyprus utilizes the Turkish Lira, which is cheaper than the Euro (which is used in Southern Cyprus). Tourists and residents of Northern Cyprus profit from the Turkish Lira currency because it is cheaper than in Southern Cyprus. It is not only cheaper when dining out, going to the beach, or renting a car because of the currency advantages. When compared to hotels south of the border, North Cyprus frequently offers greater value and lower priced quality hotels.