Real Estate

Navigating the 2025 Real Estate Market in Northern Cyprus: Opportunities and Challenges Navigating the 2025 Real Estate Market in Northern Cyprus: Opportunities and Challenges The real estate market in Northern Cyprus has recently undergone significant changes due to new regulations impacting foreign property purchases. These regulations have led to a noticeable slowdown, with a decline in property sales...

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? 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 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 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,...

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...

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 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...

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:...

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,...