Northern Cyprus

North Cyprus Real Estate: Your Gateway to Mediterranean Living with Select Estates International

North Cyprus Real Estate: Your Gateway to Mediterranean Living with Select Estates International When it comes to finding the perfect property, North Cyprus real estate is quickly becoming a top choice for buyers worldwide. This enchanting corner of the Mediterranean offers pristine beaches, stunning mountain views, and a lifestyle that blends relaxation with opportunity—all at prices that outshine...

Discover Your Dream Property in North Cyprus with Select Estates International

Discover Your Dream Property in North Cyprus with Select Estates International Nestled in the shimmering waters of the eastern Mediterranean, North Cyprus is an enchanting destination that’s steadily gaining attention from homebuyers, retirees, and investors worldwide. With its pristine beaches, rugged mountain ranges, and timeless villages, this region offers a rare blend of natural beauty and...

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...

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...

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...

Top Estate Agents in Kyrenia, North Cyprus

The top estate agents in Kyrenia, North Cyprus. Top Estate Agents in Kyrenia, North Cyprus If you're looking to buy, sell, or rent property in Kyrenia, North Cyprus, choosing the right estate agent is crucial. Here’s a curated list of the top five reputable estate agents in the area, ensuring you have the best support for your real estate needs. 1. Select Estates International Rating:...

What are the risks of buying property in Northern Cyprus?

Buying Property in Northern Cyprus To understand the risks of buying property in Northern Cyprus, it's important to first know the history of the Turkish Republic of Northern Cyprus (TRNC) and the island of Cyprus. Historical Background Cyprus was first settled around 7,000-10,000 BC by people from Anatolia and Syria. The island came under the control of various empires, including the Assyrians,...

Is Buying Property in Northern Cyprus Worth It?

Investing in Property Northern Cyprus: A Comprehensive Guide Investing in property in Northern Cyprus, particularly in the Kyrenia region, presents numerous opportunities for potential buyers. This detailed analysis explores the factors that make Kyrenia an appealing location for real estate investment, with a focus on tourism potential, educational institutions, and local market dynamics. Overview...

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