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NORTHERN CYPRUS
A superb place for investment and leisure in the mediterranean
ADVANTAGES OF BUYING REAL ESTATE IN NORTH CYPRUS
The quick payback and high profitability of real estate in this region are undeniable positive factors for investors from many countries around the world.
AFFORDABLE PRICES
Compared to some other Mediterranean regions, real estate prices in Northern Cyprus are quite reasonable, making this market attractive for potential investors. Branded hotel complexes offer apartments starting from $92,000 with interest-free installment plans for up to 84 months. Unique conditions for budget-conscious investors.HEART OF THE MEDITERRANEAN
Northern Cyprus is bathed by the waters of the Mediterranean Sea, resulting in a delightful mild Mediterranean climate throughout the year. With gentle winters and warm summers, along with stunning beaches and lush nature, it attracts a significant European population. Its geographical proximity to Italy, France, Montenegro, Turkey, Israel, and Russia is an additional advantage.INTERNATIONAL EDUCATION
Northern Cyprus is an enticing location for your children to receive excellent education, including higher education. The island boasts 18 internationally accredited universities where instruction is conducted in English. The cost of education for foreigners starts from $1,500 per year.ECONOMIC BENEFITS AND TAXES
Northern Cyprus provides numerous economic benefits for foreign investors, such as tax incentives and other stimuli that make real estate investments even more attractive. The tax structure includes 5% VAT, 2.8% tax on the profit from the first property resale, and 4.5% on the second resale.HIGH QUALITY OF LIFE
Education, healthcare, and legal services in Northern Cyprus are of a high standard, yet prices are lower than in Europe.RELIABLE INVESTMENTS
The real estate market in North Cyprus offers competitive prices compared to other countries, with a strong upward trend and high rental yields.INFRASTRUCTURE DEVELOPMENT AND REAL ESTATE MARKET
The government of Northern Cyprus is actively investing in infrastructure development, enhancing the overall value of real estate in the region. Investing in real estate in the Northern Cyprus market can provide opportunities to profit from the growing demand for housing in this area.VISA REGIME AND RESIDENCY
For Russian citizens, entry to Northern Cyprus is visa-free for 90 days. Residency can be obtained for the entire family with the purchase of real estate of any value, requiring a deposit of 30% of the property's cost.ENVIABLE CLIMATE
The Northern Cyprus region offers residents the advantage of a favorable Mediterranean climate, featuring mild winters and hot summers, coupled with diverse landscapes, making it an appealing and comfortable place to live.GROWING TOURISM
Investing in real estate in Northern Cyprus can be appealing, considering the growth in tourism in the region. The development of tourist infrastructure can contribute to an increase in the value of real estate.
TAXES AND EXPENSES
We work hard every day to make life of our clients better and happier
- INCOME TAX
- 2.8% - Tax on the profit from the first resale of real estate, and 4.5% on the second resale.
- $0.20 per m2 - Property tax monthly (usually paid annually).
- 5% - VAT.
- REGISTRATIONRegistration of the sales agreement at the House of Justice for property rights registration costs 106 lari, approximately 40 dollars.
- UTILITY PAYMENTSMonthly communal payments range from $40 to $100 for apartments of 30-40m2
- PROPERTY MANAGEMENTProperty management fees range from $0.8 to $1.5 per square meter per month, with certain complexes imposing a cap at $35 per month
MIGRATION AND RESIDENCE PERMITS
Exploring Residence Options in Georgia: Diverse Paths for Settlement
- 1RESIDENCE PERMITGeorgia allows visa-free entry into the country, eliminating the need for visa formalities. The duration of visa-free stay is one year.
- 2BASED ON PROPERTY PURCHASEPurchase property worth at least $100,000. Submission of documents for a residence permit. Citizenship application can be made after 5 years.
- 3BASED ON INVESTMENTSGranted with investments in the country's economy of no less than $300,000. Issued for a period of 5 years. Permanent residence is granted with an investment residence permit and an annual turnover of $50,000-120,000
SEE BREEZE
- LOCATIONSeaside Tranquility: Iskele - Modern Living with High-Income Potential in Rapidly Growing Long Beach Area. Studio, 38.5 m², 2,273/m², Kitchen, Floor: 3/11. COST: 87 500 £C
Delivery: 228 apartments, 220 studios, and 8 studio penthouses. Project completion: January 2026. - APARTMENT30% - initial payment, 30% - 0% installment until receiving the keys, 40% - 0% installment over 30 months after receiving the keys (until August 20, 2028).
- EQUIPMENTSFlooring (tiles and/or laminate), entrance and interior doors, built-in kitchen furniture, stone countertop, suspended ceiling, spotlight lighting, plumbing, wall and floor tiles in the bathroom, cabinet(s), water heater
CAESAR RESORT
- DESCRIPTION2-bedroom, 60 m², Trikomo, İsimsiz Yol, On the map,COST: £125,954, 2,099/m², Total area: 60 m², Living area: 49 m², Kitchen, Floor: 7/11
- APARTMENTPhases 6 and 7 - completion in 2023-2025 - 48 months. Payment plan for construction: 30% initial payment within one month, 70% interest-free installment according to the construction stage. Obtainment of residence permits after payment of 30% for all family members.
- INFRASTRUCTUREThe exclusive resort in Iskele, just 500-600m from the sea, boasts a 3.5km sandy beach, 15 pools, diverse facilities, and a 15-year history of continuous expansion, offering a unique blend of luxury living and beach access.
OCEAN LIFE
- LOCATIONStudio, 45 m², Trikomo, Karpaz Anayolu, COST: 127,000 £C, 2,822/m², Living area: 37 m², Kitchen, Floor: 14/15.
- RESIDENCE
Property details for apartment Afalina-2/113 include one balcony, one combined bathroom, a view of greenery, fine finishing, and it is available for free sale; it is not a contractual object, and the expected handover date is the 2nd quarter of 2026. - INFRASTRUCTURE
Beach service, underground parking, charging devices for electric vehicles, multifunctional sports area, tennis court, basketball court, football field, ocean fit fitness center, open sports area, spa salon, pool bar, water park, adult and children's swimming pools, skate park deep blue, green areas, barbecue area, bike routes, children's playground.
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Frequently Asked Questions
In Batumi, Gonio, Makhinjauri, Tbilisi.
The starting price for an apartment in a white frame is from $30,000.
From 25 m2 for studios to 393 m2 for 4+1 apartments.
Yes, they are available in the layout, or partitions can be installed during the renovation stage. Installation of connecting doors between studios is also possible.
Yes, there are several complexes with ready-made apartments.
The apartment is either offered in a black or white frame. Alternatively, it can be rented with complete renovation and furnished turnkey. An apartment renovated to a white frame means that walls, ceilings, floors, electrical wiring, and plumbing are installed, leaving only finishing touches (wallpaper, flooring, furnishing according to the interior).
Most complexes are located on the 1st-4th lines from the sea.
They are free for owners and guests of the apartment complex.
Complexes have a children's play center, slides, and a playground. In the city, there is also a water park and, of course, the sea.
In Georgia, there are operating casinos. Since casinos are prohibited in neighboring Turkey, Iran, Iraq, UAE, Saudi Arabia, Qatar, players from these countries come to Georgia year-round.
Will a service contract be signed with the Management Company (MC)? Yes, it is a mandatory condition in hotel complexes. However, it is possible to terminate the contract.
Will a service contract be signed with the Management Company (MC)? Yes, it is a mandatory condition in hotel complexes. However, it is possible to terminate the contract.
The contract is for 10 years, and you can terminate it after 1 year. It is also possible not to enter into a contract with the Management companyC by writing a letter of application.
The Management Company a minimum return of 8% per annum when renting through the Management Company
Interest-free installment plans, depending on the complex, range up to 60 months, with monthly or quarterly payments.
Payment is made according to the details in the sales contract or the issued invoice, either at the bank branch or through online banking.
In US dollars.
We accept any currency at the exchange rate of the National Bank of Georgia.
Yes, payment can be made in Georgia.
In Georgian and Russian or in Georgian and English.
Yes, according to the contract, it is possible. Bitcoin is fixed, transferred to the company's account within the day. It is also possible to pay with the digital dollar USDT.
From 5 years.
Yes. Contracts are sent in scanned form, printed, and signed.
One day. An electronic ownership certificate is issued on the 4th day. Registration costs 120 lari.
You can send your full name, passport details, email to the manager, and we will send you a confirmation that you are registered for the info tour.
Tours are organized monthly.
When purchasing an apartment, tour expenses are reimbursed by providing a discount on the apartment. The cost of the tour is $280 and includes accommodation, meals, transportation, and visits to complexes.
