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What is the price range of properties in North Cyprus?Property prices vary by type, size, and location. As a guide for new developments in 2024: Studio flats: from £70K 1-bedroom flats: from £100K 2-bedroom flats: from £130K 3-bedroom flats: from £169K Detached villas: from £399K Penthouses and bespoke properties available on request
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What is the rental return on investment?North Cyprus offers average returns of 10–15% annually, depending on property type, location, and occupancy. The strong rental market, driven by tourism and expat demand, makes it one of the most attractive opportunities in the Mediterranean.
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What are the total costs of purchase?Expect 8–18% on top of property value for taxes and fees. Typical costs include: Reservation deposit (~30%) 0.5% stamp duty 5% VAT 6–12% title deed transfer tax Legal and registration fees Our team partners with vetted lawyers and agents to make the process seamless.
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Can foreigners obtain residency?Yes. As a foreign buyer, you can apply for residency in North Cyprus. Requirements vary, so we guide you through the process alongside trusted local experts.
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Is North Cyprus safe?Absolutely. North Cyprus is known for its welcoming communities, peaceful lifestyle, and strong sense of safety. Local authorities actively prioritise the well-being of residents and visitors alike.
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