The Property Market Analysis in Northern Cyprus

The Property Market in Northern Cyprus: An In-Depth Analysis of the 2024 Decline and Outlook for 2025 The property market in Northern Cyprus has witnessed a substantial downturn in 2024, with property sales dropping by approximately 70%. This sharp decline has raised concerns among investors, real estate professionals, and potential homeowners, as Northern Cyprus had previously enjoyed a reputation as a...

Villas for Sale in North Cyprus: Why Buy Property in Northern Cyprus?

Villas for Sale in North Cyprus: Why Buy Property in Northern Cyprus? Are you thinking about buying a home in the sunshine? Maybe you want to retire, invest, or move to a peaceful place. North Cyprus is one of the best destinations in the Mediterranean. It has beautiful beaches, friendly people, and affordable houses. Whether you’re looking for villas for sale in North Cyprus or apartments, this region...

Luxury Real Estates Becoming Popular in North Cyprus: A Rising Trend for Investors and Expats

Luxury Real Estate for Sale in North Cyprus: The Ultimate Guide for Investors and Expats Over recent years, North Cyprus has emerged as one of the most sought-after destinations for luxury real estate, transforming from a haven for affordable property seekers into a prime market for affluent investors and expats. Once popular for budget-friendly homes, North Cyprus is now offering an impressive...

North Cyprus Real Estate Market Outlook for 2025 and Property Price

North Cyprus Real Estate Market Outlook for 2025 and Beyond The real estate market in North Cyprus has experienced significant changes over the past few years, particularly following the COVID-19 pandemic. In the years after the pandemic, foreign buyers started purchasing large numbers of homes and apartments, sparking a period of booming property sales. However, the market has taken a dramatic shift due...

2025 Predictions: Is the North Cyprus Property Market Heading for Trouble?

North Cyprus Property Market and Prices The North Cyprus property market in 2025 and beyond is a subject of increasing attention, especially after the substantial foreign interest triggered by the COVID-19 pandemic. However, as of 2024, a major shift has occurred due to newly implemented laws that are severely impacting foreign buyers. These regulations have nearly brought the market to a halt. Currently,...

Real Estate Opportunities in Northern Cyprus 2024

Discover Prime Real Estate Opportunities in Northern Cyprus The real estate market in Northern Cyprus has gained significant attention, especially in the wake of the COVID-19 pandemic. This stunning region, with its beautiful landscapes and inviting climate, is attracting both local and international buyers eager to invest in property. With trusted platforms like Northern Cyprus Property and Rightmove,...

2024 Buyers Struggle in Weak Housing Market with new tax law in North Cyprus

In early 2024, Northern Cyprus Property Market is experiencing a significant 70% decline in its property market activity compared to previous years, signaling a notable slowdown. Despite some positive momentum at the start of the year, particularly in January, with a brief boost in home valuations and inquiries, the overall buyer interest has dropped sharply. Many potential homeowners have delayed their...

Northern Cyprus Property market

Northern Cyprus Property Market: Recent Trends and Future Challenges

The property market in Northern Cyprus has experienced a significant transformation over the past few years, especially in 2022 and 2023. This period saw an unprecedented demand for real estate, with villa and apartment prices reaching new heights. A major driver behind this surge has been high-net-worth individuals from abroad, who have been keen to invest in this attractive region. Reasons for...

Northern Cyprus Property Market Faces Turbulence Over New Tax Law

Northern Cyprus Property Market Faces Turbulence Over New Tax Law The property market in Northern Cyprus is currently undergoing significant upheaval, sparked by a contentious new tax law that has drawn sharp criticism from legal professionals and property stakeholders. On Friday, August 16, 2024, the TRNC Bar Association and the Estate Agents Association formally challenged the new tax legislation by...

Overview of Select Estates North Cyprus

Select Estates International excels in staying ahead of market trends through a combination of key strategies that ensure their clients receive the most informed and strategic real estate services available. Here's a closer look at how they maintain their competitive edge: Extensive Local Knowledge With over 21 years of experience in the North Cyprus property market, Select Estates...

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