Best places to buy, live and invest in Northern Cyprus

From spectacular mountain peaks to beautiful beaches, Cyprus has it all. Whether you are in search of complete tranquility or exuberant nightlife, sporting pleasures or cultural riches, ancient history or cutting-edge technology, Cyprus is the perfect location for a second home, retirement or holiday home, permanent residence, or property investment. However, buying a property overseas is a huge decision that you will want to get right both financially and emotionally. So, let’s take a closer look at the types of locations you have to choose from on this diverse island:

Famagusta

Famagusta is a port city located in the east of the island with its population over 40,920(2011). Famagusta is the second largest city in Northern Cyprus after the capital Nicosia. The city was found in around 274BC, but its popularity had grown after the earthquake in Salamis; people started to move to Famagusta, as a result, the population started to increase. Especially under the rule of Lusignans, the city had flourished, already by the 13th century, it became a centre of commerce. However, during Ottoman rule, the city lost its strength as Latin and greek merchants were banned from the city. Greek Cypriot moved to the area known as Vorosha, now also known as a Ghost city. Turks adapted the city that’s why you can find a touch of different architectural styles in the city. The walled city is very popular as a tourist destination; it contains many unique buildings protected by the government. It is often a venue for annual festivals such as the International Famagusta Art and Culture Festival. At the moment the city is developing in tourism, education and construction sectors. The port regained its importance in the TRNC and now serves as the main harbour for travel and commerce. The city is very popular among tourists for its beautiful beaches, history, luxury hotels, vivid nightlife and universities.

Iskele

Iskele is the administrative centre of the Karpaz peninsula with a population of the district of 23,098(2011). It is a popular tourist destination; beautiful untouched flora, sandy golden beaches, luxuries hotels, water entertainments, historical sites, national park. Iskele is an ideal place for full relaxation. The district is also famous for its annual festivals: International Folk Dance Festival. It gathers dance
ensembles all around the world which share their unique traditions and culture. Another famous festival is the Grape Festival (Mehmetcik) in honor of grape groves, featuring grape products.

Long Beach Iskele is undoubtedly one of the most popular beaches in Cyprus. It stretches kilometer after kilometer along the coast, with white sand, sun loungers and beach bars. There is a palm-lined promenade and play areas for children also.

Kyrenia

Kyrenia is the most popular town for holidays and, therefore, the heart of tourism in North Cyprus. Despite that, many expats, mostly British, German, Scandinavians and Russians choose this town for their permanent place of living. Kyrenia has a well-developed infrastructure, easily accessible public and private transportation system as well as various ‘rent a car’ companies, comfortable road system, a big number of hospitals, universities, schools
and nursery schools. Regarding the population, Kyrenia is relatively small and consists of 20,851(2011). For decades, holiday makers were choosing Kyrenia as their holiday destination, starting from local wealthy families who were coming from Nicosia to Kyrenia’s coastline. The first hotel here was built in
early 1906 and was named “Akteon”. Since then, the town has strengthened its positions and by now has more than 90 hotels. Nothing to wonder why Kyrenia is so popular, because of its great location between the sea and the mountains, beautiful flora, softer climate and, of course, warm and clear water. If you think of Kyrenia, the first thing that may come to your mind is Kyrenia castle, which is located in
Kyrenia Harbour and meant to protect the city from invasions. The castle was built by Romans in the 1st century A.D, then later modified by Venetians in the 15th century. The castle is well-preserved and opened for the public.
In Cyprus history and present are intertwined with each other and exist side by side. Kyrenia Harbour is the most scenic harbour with its lovely walkway to the lighthouse on one side and authentic bars and restaurants by the sea on the other. The atmosphere is enchanting. In the old part of Kyrenia, you will find various gift boutiques with the most unique presents you can imagine; many of them are hand made by locals from the local products such as olive oil soaps, olive and
jasmine creams, lamps from pumpkins or from Alagadi beach branches, different kitchen utensils made of olive wood, wooden chests, traditional leather shoes, paintings of the local artists and more. Kyrenia is a picturesque city, partly, because of its coastline location, from any point in the city you can catch and enjoy the view of the Mediterranean Sea. There are many beaches which are worth your
attention such as Escape Beach Club, Alagadi beach, Camelot Beach, Denizkizi Beach; most of the hotels, even the smallest boutique ones, have their private beaches to guarantee your comfort on your holidays in Cyprus. Apart from all said above, Kyrenia has a vivid nightlife with various restaurants, bars, clubs, casinos
which will make your experience unforgettable. Maybe you would like to try something new, why don’t you visit Meyhane? It is something between a restaurant and a pub with, traditionally, Turkish- Cypriot music and quite often even a group of musicians will go around the tables to play live music. When you
make your order, the waiter will offer you Raki, a very popular drink, give it a try. Then plates of Meyzes will start coming more and more. It’s an interesting experience when plates come to your table non-stop, old appetizers, hot appetizers, main courses.

Nicosia

Nicosia is the last divided capital in Europe. The city is an administrative centre of the Turkish Republic of North Cyprus, all the main governmental institutions are located here. Mostly populated by with the overall population of the city 61,378 (2011), it is the largest city in North Cyprus. Nicosia is remarkable for its walled city which is historically rich, that’s why it is protected by the Turkish Cypriot Department of Antiquities. Behind its walls, you will find museums and historical sights. If you want to get to know modern Nicosia, why don’t you visit Dereboyu region- the heart of the business and not only that, on Dereboyu street cafes, restaurants, shops, malls, cinema, coffee shops, galleries are in abundance.
Furthermore, Nicosia is a Head Quarter of the Turkish Cypriot State Theater and Nicosia Municipal Theater. Nicosia Turkish Municipality even has established its Orchestra. Nicosia is a sporty city, annually it holds a marathon for 4km, 8km and 12km, it is going throughout the city. Other events which happen annually such as Basketball tournaments, Tennis tournaments and Nicosia Youth & Sports
Festivals, which include 22 different sports.

Morphou / Güzelyurt

The town of Guzelyurt (Morphou) was found by Spartans. Now It is a town in North Cyprus with a population over 18,946 (2011) before the crisis of 1974 the population was dominated by Greek Cypriots. The district is famous for its fertile lands that’s why most of the citrus, apple and vegetables are grown there.

The town also hosts the annual Orange festival in June, always with music, traditional clothing, folk dances, plays, food stalls. It is always a colourful event. Moreover, Guzelyurt has its theatre and has it annual theatre day.

Lefke

Lefke is a town in North Cyprus located in the west of the island and was found, approximately, in the 14th century BC. The population of the town is over 3009 (2011). Lefke is famous for its citrus grove, it is the only place in Cyprus where Yafa oranges are cultivated. The town is also known for its copper mines.

There are many myths around the finding of the town. One says that Lefkos, the son of Ptolemy the king of Egypt, found the city in the 3rd century. However, another myth suggests that the town is named after an ill girl who came to the town with a hope to be healed.

In the centre of the town, you will see Ataturk Park, which is often a venue for annual festivals and concerts. In the town you can find examples of Venetian, Ottoman and even British architecture: Ottoman mansions, Acendu tap, Monument of Coronation, Aqueducts.

In Lefke you will find 3 mosques Piri Mehmet Pasha Mosque, Orta Mosque and Asagi Mosque. Piri Mehmet Pasha Mosque was originally the Byzantine Church of Saint George, which was built in the 7th century, however, during Arab raids it was converted into a mosque. By the time when Ottomans came to rule in Cyprus the mosque was in a very bad state and reconstructed it to Piri Mehmet Pasha Mosque.

Finally, as always it is a privilege to live and invest in Northern Cyprus and we are continuing to release content that will be relevant to help everyone on the other side. As well as on www.privilegedinvestment.com  you will find out on Youtube, Twitter, Instagram, Facebook, Linkedin.

You can also attend to one of our Live Webinars to have more info as to the current situation and current beneficial property offers in Northern Cyprus including legal and tax advice prepared by our professionals in our team.

Our Upcoming Webinar is on 21st of April 2021, about ‘Why North Cyprus is the Best Place to Invest in 2021’

To save your seat visit https://www.immobiliennordzypern.de/events

For any possible questions contact us from info@privilegedinvestment.com

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