The property market in Northern Cyprus has experienced a significant decline 2024, with reports indicating a sharp drop of approximately 70% in property sales in 2024. While there are several factors contributing to this downturn, the main reason for the decline appears to be the introduction of new high tax rates and residency permit regulations. Impact of New Tax Rates and Regulations High Tax...
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by Northern Cyprus Property - 2 months ago
- Northern Cyprus, Investment, Real Estate
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