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Here at Privileged Investment, we offer over a hundred properties for you to invest in.
CYPRUS: A convergence of the famed triad continents: the alluring crystal blue of the Mediterranean, the
culturally-rich Asia, and the bold and regal Europe, Cyprus indeed is the ultimate must-see for tourists
and foreigners and renowned for its flourishing real estate industry for investment and simply for just a
myriad of why-not.
 
Cyprus is strategically located in the heart of, and somehow for, the vibrant economy of the three
continents; the closest door of the Western Europe and the not-so-far Far East with the Arab World
nearby that Cyprus pranced hand-in-hand with thus creating a cosmic pool of endless businesses for the
international and local trades but amidst the hurly-burly also lies the subdued breathtaking bounty of
nature, ready for the taking.

       10 Reasons Why To Invest in North Cyprus

Cyprus real estate represents an outstanding potential to foreign purchasers wishing to invest in a sought after overseas location. Cyprus is the third largest and third most populous island in the Mediterranean that offers a favorable and non-discriminatory business environment to both local and foreign investors. There are plenty of advantages to invest in North Cyprus.

Unique geographical location

Cyprus is one of the most beautiful islands in the Mediterranean with a privileged and strategic location in the middle of three continents – namely Africa, Asia, and Europe – offering a gateway to the Middle East.

Favorable climates

Cyprus has one of the warmest climates in the Mediterranean with more than 300 days of sunshine a year. Island’s favorable climate gives an opportunity to live and enjoy your holiday all year round. Locals try to reap the full benefits afforded by the ideal type of climate on the island. Most North Cyprus homes have solar panels not only to heat their water but also to provide electricity to power the home.

Growing economy

Cyprus has developed into an important financial and business center with a welcoming and supportive government policy that supports both local and foreign investors and investments with the aim of improving the business environment. With its fast-growing economy North Cyprus provides a wide range of investment opportunities. The infrastructure is also developed in the location to make sure that the island is the best location for your investment.

Guaranteed rental income

Investing in North Cyprus property is a smart move for those looking for a rental property with year- round rental potential. North Cyprus has great property rental potential due to the large flow of students and tourists on the island. Over 100 young people study at 17 different international universities of North Cyprus, making education the leading sector of its economy. It is assumed that in the next 5-10 years the number of students will increase up to 200.000.

Attractive Tax systems

The island has one of the most attractive tax systems in the world. Investors can take advantage of a relatively low level of taxation.

Tourism business

North Cyprus is fast becoming a holiday hotspot in the Mediterranean! Due to favorable weather conditions, beautiful beaches of fine golden sands, stunning 18-hole international golf course, absolutely delicious local cuisine and friendly locals, unspoilt landscapes as well as to the increase in the number of 5-star hotels and casinos, every year more and more tourists visit Northern Cyprus, which contributes to the continuous development of the tourism business. North Cyprus aims to increase its popularity in the coming years and to get ahead of the leading trends in world tourism!

Low Crime Rate

Officially North Cyprus is one of the safest countries in the world! It experiences less crime than other countries of similar size. The atmosphere in the north is very relaxed and friendly. The Turkish Cypriot people are by nature easy-going, and violent crime is very rare. Statistically, North Cyprus remains one ofthe safest holiday destinations. A comparatively low crime rate in Cyprus and friendly people make it a desirable place to visit or live.

The low price level on the property

Properties in North Cyprus are favorable in price compared to its European / Mederterainean neighbors. Even though the Price Level of property in the Island has remained very low, however, the rental income in the Island is quite high. Еvery property on the island every day is gaining more value. Considering the high potential of Northern Cyprus joining the European Union, this country is of great interest to those who are interested in making investments. Since the importance of the island with beautifully clean waters and incredible Mountains and Sea views will increase greatly, it is expected that property prices will quadruple compared to today’s rates.

Fast return investments

We offer some of the best investment opportunities in North Cyprus! We offer properties that are located in the most attractive areas of North Cyprus where you can get the highest possible rental income return from your investment. Investors who invest in real estate will be able to get a return on investment in about 10-12 years. As rental incomes are valued in Great British Pounds, investors continue to earn on rents as well as on the exchange rates.

High quality of life with a low cost of living

The low cost of living in North Cyprus is perfectly balanced by a high standard of living in terms of climate, environment and sheer peace and tranquillity! Its infrastructure, high quality of life, low crime rate, low cost of living and generous tax incentives attracts people to the island from all over the world.

Purchasing an investment property comes with quite a bit of work. It’s especially challenging to navigate the real estate market when you’re a first-time property investor. There’s an extensive list of factors to consider—credit scores, down payments as well as other incidentals such as furnishings and storage facilities. Since you are making a sizeable investment, it’s crucial to arm yourself with the right information. After all, you’re putting your money and investment into what could end up being one of your most valuable assets.

Tip #1: Contact a Privileged Investment Agent Who Knows the Area and Market

During the process of searching for the home of your dreams, the right agent can turn your hopes into reality. This is due to their knowledge and expertise in the area. They’ll be able to provide you with valuable insight into the properties you’re interested in. Additionally, they’ll be able to direct you to reliable loan officers and real estate attorneys, thanks to their industry contacts. Not to mention, they can give you tried and true tips on how to prove sellers that you’re a serious buyer. It’s crucial to hire the best real estate investment agent for your needs as this individual can make or mar your home buying experience. You will find that referrals are invaluable when choosing your realtor. 54% of buyers found their agents from referrals from families and friends, though you can also check out for ratings online.
 

Tip #2: Always Check Out Comparable Properties in the Area to Determine the Right Pricing

If you already have a house in mind, be sure to look at comparable homes in the surrounding area to get a better idea of a fair price. This should help you determine the best starting offer when you’re ready to bid for your future investment property. It will also make it easier to predict future returns!
 

Tip #3: Don’t Forget to Ask Your Agent About Expected Closing Costsg

Closing costs typically including the budget you need for hiring a real estate attorney as well as a home appraiser. You need both to help guide you with the buyer-seller agreement as well as to evaluate the home from floor to ceiling before purchase. Fortunately, your closing costs don’t include the expenses for personal packing and moving costs. Additionally, the duty of paying the agent’s commission usually falls to the seller.
 

Tip #4: Prepare for Your Budget and Stick to It

Buying an investment home isn’t something you can do on a whim. It takes months and years of careful planning and saving. Therefore, be sure to draw up a budget and find a home that’s within your price range and able to provide the future returns you’re expecting.
Ask yourself questions that can affect your expenses, such as:
  • What can I afford?
  • What is my ideal price range?
  • What am I expecting to get in return from my investment property? In what timeframe am I expecting returns?
Privileged Investment’s provide transparent guidance on the entire process and a complimentary consultation if you’re
considering or would like to learn more about property investment opportunities in Cyprus.
 

In Conclusion

Buying an investment property can be time-consuming, stressful, and expensive. To ensure your investment goes as smoothly as possible, be sure to inform yourself on the process. The tips above should help make the procedures easier to manage and ensure you make the best decisions possible. If you’re looking to buy property in North Cyprus, get in touch with us today and see how we can help!
 

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