Invest in North Cyprus Property
How To Invest In North Cyprus by luxify Investment: A Step-By-Step Guide For Success
Why invest in North Cyprus?
Luxify Investment at your service
Is North Cyprus a good option for investment?
High ROI Potential
The region has a flourishing real estate sector that records a steady increase in property values and skyrocketing demand for rental units, a clear indication of excellent investment returns.
Favorable Investment Climate
Investor-friendly policies and smooth and hassle-free buying processes that North Cyprus offers are beneficial for investment without unnecessary fuss.
Rental Guarantee Programs
Investors can choose from rental guarantee programs of reliable developers, which provide rental income for a certain period of time and reduce risks of investing.
Diverse Property Portfolio
North Cyprus' wide variety of property types can be found in beachfront villas, modern apartments and antique Cypriot houses to meet every investor's taste and budget.
Growing Tourism Industry
With an increasing number of people arriving in the country in search of its natural beauty and cultural heritage, North Cyprus is witnessing a steady demand for rental housing that should be seen as a good opportunity to step into the hotel industry there.
Is it safe to buy property in Northern Cyprus?
What are the benefits of investing in North Cyprus?
Affordable Living
North Cyprus is renowned for its low cost of living, making it an attractive and budget-friendly option for residents and investors alike.
Stable GBP Property Market
Invest in property with confidence in North Cyprus, where the stable British Pound (GBP) ensures a reliable and secure investment environment.
Free Healthcare and Education
As an investor in North Cyprus, enjoy the benefits of free access to high-quality healthcare and education, further enhancing the appeal of the region for residents and investors.
Safety First
Ranked as the 5th safest country globally, North Cyprus offers a secure living environment with low crime rates, providing peace of mind for residents and investors.
Forbes Recognition 2024
Forbes has recognized North Cyprus as the best foreign investment location in 2024, affirming its economic potential and attractiveness for international investors seeking profitable real estate opportunities.
Best Beachfront Buys 2021
Forbes has also acknowledged North Cyprus for its top beachfront property purchases in 2021, making it an appealing choice for coastal real estate investors looking for prime investment opportunities.
Stable Property Growth
Experience consistent growth in the North Cyprus property market, providing potential for appreciation in property values and ensuring a reliable return on investment for investors.
Land Ownership
Investors in North Cyprus own the land of their property, offering long-term security and control over their assets, making it a desirable destination for property investment.
Crypto Friendly
North Cyprus embraces modern investment options with the acceptance of cryptocurrencies, catering to the needs of crypto investors interested in diversifying their portfolios through real estate investment.
ROI & Cashback
Benefit from a growing ROI with the increase in the market price of your property, while also having the opportunity to earn 100% of your property price back via cashback options within a maximum of 8 years, providing investors with added financial incentives.
Rental income
With high demand for rental properties in North Cyprus, investors can generate upwards of 8% per year in rental income, making it a lucrative opportunity for property investment.
High Liquidity
The consistent rise in property prices and sustained demand in North Cyprus ensure high liquidity for investors, with properties being highly sought after assets that experience exponential growth in value.
Tourist Boom
North Cyprus has witnessed a massive tourist boom in recent years, which has only accelerated in the post-COVID era, leading to increased development opportunities for tourist-focused residential projects and resorts, presenting a golden opportunity for real estate investors.
Low Tax Rate
Enjoy the benefits of North Cyprus being recognized as one of the tax havens of the world, with minimal taxes on properties and real estate compared to other similar island destinations, Europe, and the USA, further enhancing the attractiveness of investing in the region.
Obtaining a Residency Permit
Investing in North Cyprus makes you eligible to obtain a residency permit for yourself and your family, renewable annually, with the potential pathway to citizenship after a minimum period of 5 years, providing additional incentives for investors looking to relocate or expand their global footprint.
Interest free installments
Luxify Investment offers long-term payment conditions on all under-construction projects in North Cyprus, with 0% interest on all installments, making property investment accessible and affordable for investors.
Where to start when investing in North Cyprus?
Step 1: Contact Luxify Investment Representatives
Step 2: Free Consultation by Experts
Step 3: Detailed Presentation of Investment Properties
Step 4: Online Meeting to Discuss Investment Choices
What are the necessary documents required to purchase a property in North Cyprus?
- Valid passport
- Character Certificate from your own country
- If you are a married couple looking to purchase a property a marriage certificate is required
- Bank statement in order to get residency on the island
Steps of Property Purchase in North Cyprus?
Step 1: Connect with Luxify Investment Representatives
Step 2: Receive Your Uniquely Tailored Presentation
Step 3: Official Invitation to a Free 3-Day Inspection Tour
Step 4: Intimate Property Inspection Opportunity
Step 5: Documentation Process and Contract Preparation
In Conclusion: Luxify Investment Company is with You Every Step of the Way
What kinds of properties are available in North cyprus?
In North Cyprus, you’ve got a variety of options to choose from. You can picture yourself in a beachfront villa, hearing the waves, or in a modern highrise with killer sea and mountain views, or perhaps in a lowrise Loft apartment overseeing the beautiful mediterranean sea. It’s not just about luxury; all these spots offer the best scenery, whether it’s the sea or the green mountains. And if you’re thinking long-term, you can Purchase a piece of land in areas where exponential development is certain in the coming years. In recent developments a new category has come forth known as Villa apartments which combine the features of both villas & apartments.They have spacious living areas, private gardens and some shared amenities. Additionally, another new type of development catered towards investors is the construction of Hotel Concept projects, designed to profit from and accommodate the growing tourism industry. These projects range from Boutique Hotels to full fledged resorts with all sorts of amenities and services for the visitors. North Cyprus, also known as the “Jewel of the Mediterranean,” isn’t just fancy homes—it’s also got stunning beaches and lush green mountains, making it a sweet spot for both relaxed living and smart investments.
Diverse Real Estate Options in North Cyprus
In North Cyprus, the real estate market offers a diverse range of options to suit every investor's preferences and lifestyle. Whether you envision yourself in a serene beachfront villa, a modern high-rise apartment boasting breathtaking sea and mountain views, or a charming low-rise loft apartment overlooking the Mediterranean, the choices are abundant.
Luxury Living with Scenic Views
Luxury living in North Cyprus isn't just about extravagant homes; it's about immersing yourself in the unparalleled beauty of the surroundings. Whether you're drawn to the tranquil sea vistas or the lush green mountains, each property promises an unmatched scenic backdrop for residents and investors alike.
Long-Term Investment Opportunities
As an investor in North Cyprus, enjoy the benefits of free access to high-quality healthcare and education, further enhancing the appeal of the region for residents and investors.
Innovative Villa Apartments
Invest in property with confidence in North Cyprus, where the stable British Pound (GBP) ensures a reliable and secure investment environment.
Hotel Concept Projects for Investors
Another enticing investment opportunity in North Cyprus is the construction of Hotel Concept projects tailored to accommodate the burgeoning tourism industry. From boutique hotels to full-fledged resorts, these projects offer a range of amenities and services designed to cater to the needs of visitors, presenting lucrative opportunities for savvy investors in the hospitality sector.
What is the starting price for properties in North Cyprus ?
In North Cyprus, the starting prices for properties vary based on several factors, offering investors a wide range of options to choose from. Starting prices begin at 62K GBP and may vary depending on the city, location, views, facilities, quality of materials, usable area, and other factors.
In Famagusta, investors can find properties starting at the affordable price of 62K GBP. This bustling city offers a range of real estate investment opportunities, from cozy apartments to spacious villas, catering to various budgets and preferences.
Otuken presents starting prices beginning at 98K GBP, offering investors the opportunity to invest in properties surrounded by natural beauty and tranquil surroundings.
Prices for Non agricultural Land starts at 25K GBP per 1000 sqm.
Where is the best place to buy in Northern Cyprus?
Factors Influencing Property Prices
What are the payment conditions of projects in North Cyprus?
North Cyprus is one of the few investment locations offering Long term interest free payment conditions on under construction projects, with installment durations going all the way up to 9 years in some cases. The duration of installments may vary depending on the project itself. Some projects require installments to be completed by the time the project is completed, Yet some projects provide installment options for multiple years after delivery. The payment structure is generally as such, after choosing your dream property you are expected to pay a down payment of no less than 30% of the property value after which you become the legal owner of the property and can take advantage of the long term interest free installments.
Long-Term Interest-Free Payment Options in North Cyprus
Investing in real estate in North Cyprus offers unique advantages, including long-term interest-free payment conditions on under-construction projects. Unlike many other investment locations, North Cyprus provides installment durations of up to 9 years in some cases, making it an attractive option for savvy investors.
Flexible Payment Structures
The duration of installments may vary depending on the specific project. Some projects require installments to be completed by the time the project is finished, while others offer installment options for multiple years after delivery. This flexibility allows investors to tailor their payment plans to their individual financial situations and investment strategies.
Down Payment Requirement
As an investor in North Cyprus, enjoy the benefits of free access to high-quality healthcare and education, further enhancing the appeal of the region for residents and investors.
Advantages of Long-Term Interest-Free Installments
Financial Flexibility
Long-term interest rates empower investors by spreading the financial burden over a long period of time. With manageable periodic payments, investors can allocate resources more efficiently, improve their cash flow and maintain cash flow for other projects.
Minimized Upfront Costs
In North Cyprus, where the minimum down payment for properties stands at 30%, the option of long-term installments allows investors to secure ownership with minimal initial payment. This reduced upfront cost significantly changes things, making real estate investment more accessible to a broader population .
Risk Mitigation
By removing interest rates from the equation, investors can reduce financial risk and protect themselves from interest rate fluctuations. This position provides predictability and proofs investors from market fluctuations, creating a safer environment for long-term wealth accumulation.
Increased Claims
With the flexibility to choose from a range of payment frequencies, investors can tailor their installment schedule to suit their financial capacity and investment goals whether it is monthly, bi-monthly, quarterly, or the exclusive three-per-payment option offered by Luxify Investment, investors enjoy unparalleled service and convenience .
Luxify Investment
Redefining Property Investment
Conclusion
Invest wisely,
invest with Luxify Investment
How to Reserve a property in North Cyprus?
Reservation Fee
Locking in Your Property
The reservation fee, also known as a deposit, is a small fraction of the total property price, typically less than 5%. This deposit serves as a commitment to purchase the property and secures your reservation at the agreed-upon price. Importantly, the equivalent price of the deposit is then deducted from your total down payment, reducing the upfront capital required to secure the property.
Benefits of Property Reservation
- Price Protection: Locking in the property at a specific price shields you from potential price hikes, ensuring that you secure the property at a favorable rate even as market conditions fluctuate.
- Time Flexibility: Reserving a property grants you the flexibility to arrange the necessary funds for the down payment over a specified period, allowing you to manage your finances effectively and avoid missing out on lucrative investment opportunities.
- Peace of Mind: With your property reservation secured, you can proceed with confidence, knowing that your investment is safeguarded and that you have the necessary time to complete the transaction at your convenience.
- Empowering Your Real Estate Investment Journey Whether you're a seasoned investor or a first-time buyer, property reservation provides a valuable tool to navigate the dynamic real estate market in North Cyprus. By securing your investment at a fixed price and reducing your upfront costs, property reservation empowers you to make strategic decisions and maximize your returns on investment.
Can foreigners buy property in Northern Cyprus?
What Guarantees does Luxify Investment Holding Provide?
At Luxify Investment Holding, we are committed to providing our clients with peace of mind and assurance throughout their real estate investment journey. Through our comprehensive services and insured guarantees, we strive to exceed expectations and deliver exceptional value to our clients.
- Cheapest Possible Property Price: We guarantee to offer our clients the most competitive property prices in the market, ensuring maximum value for their investment.
- Longest Interest-Free Installments: Our clients enjoy the benefit of long-term interest-free installment plans, providing flexibility and affordability in their investment journey.
- Accuracy in Project Delivery: The delivered project matches exactly with the 3D renders, ensuring that our clients receive precisely what they envisioned when making their investment decisions.
- Exact Floor Plans: Our commitment to transparency and accuracy extends to the floor plans, ensuring that the delivered project aligns perfectly with the initial representations.
- Locked Property Price: Once the deposit is paid, the property price remains locked, safeguarding our clients against any unexpected price fluctuations.
- Complete Control and Ownership: Upon payment of the down payment (30%), our clients gain complete control and ownership of the property, empowering them to make informed decisions about their investment.
- Timely Project Delivery: We guarantee that the project will be delivered on the stated date, providing our clients with certainty and peace of mind.
- Penalty for Delays: In the rare event of any delays in project submission, we ensure that our clients are compensated appropriately, reinforcing our commitment to accountability and transparency.
- Sharing of Relevant Information: We pledge to share all relevant and correct information with our clients, empowering them to make informed decisions and achieve their investment goals.
- Fulfillment of Foreign Investors' Rights: As foreign investors, our clients' rights are paramount. We are dedicated to ensuring that all our clients' rights are fully met and respected throughout the investment process.
Which Developers does Luxify Investment work with in North Cyprus?
Special Offers
- Issuing an Official Invitation Letter
- VIP Airport Transfer Service
- Free Accommodation During The Stay
- Free Island Tour
- Residence Permit Processing
Our Services
- Hold and manage Securities for investment purposes
- Select the right investment property/project for investors and clients
- Deal with administrative processes from start to the end
- Manage real estates assets
- Manage property portfolio to maximize return
- Buy, sell and finance properties