Real estate

Off-Plan Resale in North Cyprus: How It Works

Buying an apartment at an early stage of construction is one of the most talked-about investment strategies in North Cyprus. The logic is simple: get into a project while it is just starting and sell your rights under the contract before the building is completed. Let's look at how such a deal works, what rules apply to foreign buyers and what to pay attention to if you are buying with a view to...

North Cyprus Residence Permit Through Property Purchase: Requirements and Application Process

Buying a home in North Cyprus gives a foreigner a legal basis for obtaining a residence permit. It is one of the most straightforward ways to live on the island all year round: you own a house or an apartment and, on this basis, gain the right to live in it permanently. Let's look at which requirements you need to meet, how the application works and what a residence permit does not give you. Do you need a...

How to Buy Property in North Cyprus Remotely: Power of Attorney and Online Purchase

Not every buyer can fly to Cyprus to sign the contract in person and go through every stage of the process. The good news: you can buy property in North Cyprus remotely. The key tool for this is a power of attorney. In this article, we explain how buying property in North Cyprus by power of attorney works, which documents you will need and how to protect yourself in a remote transaction. Can you buy...

Why Property in North Cyprus Is Cheaper Than in Europe

One of the most common questions that people ask before buying a home by the sea is why real estate in Northern Cyprus is much cheaper than in Europe? When buyers see the prices of apartments near the Mediterranean Sea – sometimes from £70,000 to £120,000 – many have a logical doubt: what is the reason for such a difference? In fact, the cost of real estate in the region is formed under the...

Ercan International Airport

Passenger traffic at Ercan Airport in Northern Cyprus increased by more than 10% at the beginning of 2026

Ercan Airport in Northern Cyprus continues to show steady growth in passenger traffic.The main airport of the TRNC, through which most tourists, investors and property owners fly to Northern Cyprus, showed a noticeable increase in both the number of passengers and the number of flights at the beginning of 2026. According to T&T Havalimanı İşletmeciliği, which operates Ercan Airport, the airport...

Real Estate in Northern Cyprus: Advantages, Figures and Comparison with Europe

In recent years, real estate in Northern Cyprus has become one of the most popular areas for investment and buying housing by the sea. In terms of key parameters – cost of living, utilities, security, taxes and profitability – the North Cyprus market is in many ways superior to Europe's traditional real estate markets. This article provides a detailed analysis of why North Cyprus real estate is...

North Cyprus – analytical summary for the end of 2025

North Cyprus Real Estate Market: Steady Growth on the Back of a Strong Economy. The basis of the economy is formed by private business, which ensures stable domestic demand and investment in construction, tourism and the rental housing sector for students and professionals. North Cyprus is small Economy, but with a fairly lively private sector. In 2023, the State Pension Fund received almost 2 billion...

Grand Opening of the Veles office in Famagusta

Attention, real estate agents and residents of the island! On August 30 at 15:00 we invite you to the opening of the office in Famagusta! The program includes: Speech by Julia Ozerje on the topic "Law and amendments" with the opportunity to ask her questions Veles Service Certificates VP Club Presentation Live music Buffet and drinks August 30, at 15:00 we are waiting for you at the address: Ismet Inonu...

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