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Buying an apartment in North Cyprus

Reasons for purchasing an apartment in Northern Cyprus can be various: investment, permanent home, holiday residence, rent potential. Sometimes the purchase incorporates several tasks into one. Depending on the nature of the purchase, the choices of apartments in North Cyprus are numerous; from seafront properties to apartments in city center, with various specifications and architectural designs.

Apartments that are offered for sale in North Cyprus can vary in square meterage, number of bedrooms, date of delivery, etc. Apartments can be located in large residential complexes with swimming pools, shops, or even own beach, or they can be built in separate apartment building with only car park being a communal territory shared between owners. On the pages of our website various choices can be found: studio flats, duplex apartments, penthouses; newly built properties as well as resale APARTMENTS.

Area in which apartment is bought plays an important role, and is, in most cases, a priority when choosing a property to buy in North Cyprus. Close distance to a university, shops, gyms, beaches; apartments located in elevated position with fantastic views; location a becomes main indicator in the selection of the area for purchase in Northern Cyprus. The choice of apartments also largely depends on the payment plan a buyer wishes to implement. If the purchaser is inclined to make installment payments or even take a credit plan, then the focus should fall on the newly built properties in Northern Cyprus, in other words, properties from the developers. Unlike other countries, in Northern Cyprus loans are offered straight from developers, not banks, and no extra documentation is needed to obtain payment plan for the purchase of the properties, regardless of nationality. Credit plans for apartments are offered up to 10 years, with annual interest rate between 5 and 13%, depending on the selected company and project.
Buyers who decide to purchase apartment in North Cyprus for holiday stay usually opt for Famagusta region – Bafra, Bogaz, Iskele; regions which are famous for their sandy beaches, untouched nature and investment attractiveness. These regions are rapidly becoming tourist hotspots with newest highways, promenades, many restaurants, shops, and supermarkets. Even though the government and private firms both local and foreign are investing in these areas of Famagusta, the nature is preserved, and numerous bays and untouched places for picnic can be found easily found.
For people wishing to purchase apartment in North Cyprus for permanent home, surrounding areas of Kyrenia (Girne) are usually more alluring. There are many offers of apartments both on the sea and mountain side and in different areas the prices vary. Apartments in Kyrenia itself start at 29 000 GBP, although the most affordable places are always quickly purchased even at off plan stage of construction.
The choice of apartments in North Cyprus is yours, our experts will offer professional advice and will guide you through the purchasing process to make it as simple and easy as possible.

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