Luxury Properties in North Cyprus
In the last few years, North Cyprus has become a hot property destination for global high net worth individuals. This trend is set to continue over the next few years. Many of these high net worth individuals will be moving to the area for a variety of reasons. The emergence of popular youtube influencers has added to the appeal of the area for many international buyers.
Kyrenia
The luxury property market in Kyrenia, North Cyprus is booming. The area is one of the fastest growing in the country and boasts some of the best views in the country. Apartments are also built to high standards, with contemporary internal layouts and open-plan design. Prices start at around 110,000GBP. You can expect to earn a 7% annual yield, and monthly rental incomes of up to PS600.
Many wealthy international buyers are now settling in the region. There are many advantages to living in the region, including its low cost of living, tax benefits, first-rate infrastructure and communications, and excellent education system. Furthermore, the crime rate in the country is among the lowest in Europe.
Luxury properties in North Cyprus can be divided into two types: semidetached and detached. Semidetached properties are typically smaller, and built next to each other. They are cheaper than detached villas but offer less privacy. However, they are becoming a popular choice for buyers looking for a property in North Cyprus.
Gazimagusa
If you’re looking for North Cyprus Luxury Properties, you’ve come to the right place. These homes are designed with open-plan living and kitchen spaces, and many of them come with balconies or terraces that overlook the sea or mountains. Many of them have features like woodwork from local furniture company Kelebek, laminate flooring in the kitchen, double-glazed windows, central internet access, and intercom systems. These properties should rent well, particularly in the high summer months. Many properties are expected to fetch eight to ten percent rent-out rate per annum.
This prestigious project is located in the heart of Famagusta, within walking distance to business and shopping centers. It also has great access to roads and street-side amenities. The project is located between two main arteries, making it a vibrant living space. It’s also close to a number of universities, which makes it an ideal investment. The developers also provide their customers with an annual cash payment, which is a great bonus for investors.
There are several areas where luxury properties in North Cyprus are available. The Alsancak area of Kyrenia is a great place to find a luxury apartment or property. This coastal city is also an educational hub, which is an added advantage for people seeking luxury apartments in North Cyprus. The Alsancak region of Gazimagusa is a nice residential area, and the town of Girne is one of the most developed in the region. It is home to many universities and is a great place to find an apartment.
Perla by Ozyalcin
Perla by Ozyalcin is a luxury residential complex in Kyrenia, which offers spacious and modern living spaces for its residents. Its apartments have mountain and sea views and are located at a prime location within the city. It is well-connected and offers secure parking and 24-hour security. It is also close to service stops, coffee shops and restaurants.
One of the top North Cyprus property developers, Cyprus Constructions, offers a variety of luxury projects. Located east of Kyrenia, Esentepe has many amenities, including a golf course and a spa. Another seafront project, Bahamas, features 393 luxurious seafront villas with their own private sandy island, garden, pool and sauna. It also features eco-houses with a unique vegetable garden. The project also offers an adventure park and organic vegetable garden.
Perla by Ozyalcin apartments and villas are situated in the upscale Alsancak district, near the beach and the city center. They are also accessible from the main road of Kyrenia. The project also offers properties near the famous city of Girne.
This luxury project offers a selection of three-bedroom villas, each with their own private swimming pool. These properties offer spectacular views of the sea, and a tranquil and serene location. The houses are located within easy walking distance of the beach, communal facilities, and amenities.
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