Why you should consider buying a property in Northern Cyprus 2020

Why you should consider buying a property in Northern Cyprus

23.12.2020 19:00

The Turkish Republic of Northern Cyprus is a partially recognized state, which is located on the island of Cyprus. Before 1974, the southern and northern lands were a single state. However, in the second half of the 20th century, a military coup took place in the part of the country inhabited mainly by ethnic Turks and the TRNC declared its independence. 

Despite their territorial proximity, Northern and Southern Cyprus can not be called similar to each other. Their culture, traditions, architecture, and even nature are unique.

One more difference between the two territories is real estate prices. The cost per square meter in Northern Cyprus is much lower than in South Cyprus. Municipal services in the Turkish part of the island are more affordable as well. Moreover, in the coming years, the project of supplying cheap electricity from Turkey along the bottom of the Mediterranean Sea is expected to be implemented.

On our platform, you can find high-quality objects at favorable prices from companies Address-Estate CyprusCihanara tourism and Investment ltd и Status Estate. Agencies offer the purchase of real estate both in the personal presence of the client, and remotely.

For those citizens who are planning to travel to the TRNC to view the desired properties personally, we recommend that you pay attention to the fact that the Infectious Diseases Supreme Committee has announced new measures that came into force on December 1, 2020.

The following measures were taken: 

  • Extended quarantine measures (until 31.12.2020, 11:59 pm). 
  • Countries that were previously classified into groups A, B, and C should be combined into one category. 
  • Citizens arriving from abroad will be placed on a mandatory seven-day quarantine if two conditions are complied with: 
    • negative PCR test taken three days before entering the country; 
    • COVID-19 test taken before the end of quarantine. 
  • Persons entering the country for a period of less than three days are required to provide a return ticket and a negative PCR test. If the retest at the airport does not show the presence of the virus in the body, quarantine measures are not required.

At the moment, representatives of the TRNC Ministry of Health are discussing a number of other restrictions.

For those users of the platform who are interested in buying real estate in Northern Cyprus, we offer the following options:

Real estate offered by Cihanara tourism and Investment ltd

Villa in the suburbs of Famagusta

Bright, spacious, beautifully designed studio apartment. Equipped with all necessary furniture and appliances.

Price — 110,690 € (link to the object).

 

Townhouse in Kyrenia

Spacious bright townhouse in the area with well-developed infrastructure: a 3-minute walk to the beach, 10 minutes by car to the city center.

Price — 142,861 € (link to the object).

 

More objects here.

 

Housing offered by Status Estate

One-bedroom apartment in Iskele

The apartment is located just 300 meters from the largest sandy beach.

Price —101,500 € (link to the object).

 

Two-bedroom apartment in Esentepe

The complex is located on the first coastline. The villas are decorated with natural stone and the roof is covered with bamboo.

Price — 261,000 € (link to the object).

 

More objects here.

 

Real estate offered by Address-Estate Сyprus

The house in Kyrenia

Splendid villa with panoramic views of the Beşparmak Mountains and the Mediterranean sea.

Price — 129,950 € (link to the object).

 

Villa in Kyrenia

Luxurious beachfront villa with immediate and private access to the wonderful bay.

Price — 662,468 € (link to the object).

 

More objects here.

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