Turkish Republic of Northern Cyprus for investors

Turkish Republic of Northern Cyprus for investors

Cyprus, a combination of sea, sun, history, nature, nightlife, luxury entertainment venues and warm-blooded people...

Just like Turkey, Cyprus has become a favorite destination for foreign citizens with its location and the life opportunities it offers.

With its colorful life and the opportunities for the investors, Cyprus opens the doors of a pleasant life to those who dream of starting a new life in these lands.

In this article, we have compiled all you need to know about Cyprus as a foreign investor.

Cyprus

 

Friendly people, the center of entertainment and casinos, a wonderful life that you will enjoy and be passionate about...

The Mediterranean climate prevails in Cyprus, which attracts thousands of visitors from all over the world each year.

Hence, warm weather awaits you in Cyprus throughout the year.

In 1960, Cyprus gained its independence with the Cyprus Peace Operation and after this date, it was named the Turkish Republic of Northern Cyprus.

This small island, which has hosted many civilizations throughout history, is home to many historical sites.

- Kyrenia Castle

- Othello Castle

- Maras Neighborhood

- Venetian Column

- Salamis Ancient City

- Bellapais Monastery

- Karpaz Peninsula

- Icon Museum

 

These are some of the must-see places in Cyprus.

Investment Opportunities in Cyprus

 

Cyprus and its magnificent hotels are the first places that come to mind when it comes to entertainment and tourism.

Therefore, hotel investments are among the most powerful investment areas that attract foreign investors in the Turkish Republic of Northern Cyprus.

Investing in a hotel on this island, where tourism is so vibrant and luxury venues are popular, is one of the areas that will have high retrun on investment.

Another lucrative investment alternative in Cyprus is real estate investments.

However, foreign citizens can invest in real estate within the borders of the Turkish Republic of Northern Cyprus, "land not exceeding 1 acre and total surface area not exceeding 5 acres".

If the real estate investment is to be rented out, the foreign investor of that property must deposit 3 million Euros to a bank operating within the borders of Cyprus.

 

Capital of Real Estate Investments, Capital Nicosia

 

For foreign Turkish citizens who want to invest in real estate mostly in commercial properties, they should go for the capital Nicosia, where predominantly, it is center of commerce and business.

Kyrenia is the Choice of Investors for a Peaceful Life

If you prefer a quiet life in Cyprus where you will wake up to sunny days, with the smell of sea and orange blossoms, Kyrenia is the right place to invest.

Just like in Turkey, foreign citizens in Cyprus have the same rights and privileges as individuals who have Turkish citizenship by birth.

A long-term, enjoyable life awaits you in Cyprus, the choice of those who want a life full of fun and peace.

You can contact ProturkProperty's expert staff to get detailed information about the investment areas of Cyprus suitable for you and your budget, and you can examine ProturkProperty's investment portfolios ready for sale.

Take action to open the doors to a pleasant life in Northern Cyprus that will start with a profitable investment.