Although Northern Cyprus is not considered an independent country affiliated with the Republic of Turkey, it has attracted great attention in terms of housing investments in recent years. Homes to own on this beautiful Mediterranean island offer attractive opportunities for holidaymakers and investors.
Housing investments in Northern Cyprus are focused on various real estate options such as apartments, villas and plots of land. However, you may be wondering which foreign citizens invested the most in these residences. According to statistics, investors from countries such as Germany, Russia, Ukraine, Iran and Belarus are among the citizens who purchase the most houses.
Germany is a leading country among foreigners investing in housing in Northern Cyprus. German citizens prefer Northern Cyprus for both vacation and retirement purposes. The residences in this holiday paradise have become a great center of attraction for German investors with its warm climate, beautiful beaches and historical heritage.
Russia is also a country that is very active in making housing investments in Northern Cyprus. Russian investors prefer Northern Cyprus for their high-yield real estate investments. Owned residences on this beautiful island have the potential to generate high rental returns to those involved. In addition, many Russian tourists come to Northern Cyprus to enjoy their holidays and closely follow their investments.
Ukraine is another leading country investing in housing in Northern Cyprus. Ukrainian citizens prefer Northern Cyprus to enjoy low real estate prices, beautiful natural landscapes and the Mediterranean. Citizens of this country generally prefer to use Cyprus as a vacation or second home.
Iran is another active country that invests in housing in Northern Cyprus. Iranian investors are showing interest in Northern Cyprus thanks to new opportunities opened up to international investors. Besides, the historical and cultural richness of Northern Cyprus attracts Iranian investors.
Finally, Belarusian citizens also invest in housing in Northern Cyprus. For Belarusian citizens, Northern Cyprus is a safe haven and a place that offers attractive investment returns. Factors such as low living costs, unique natural beauties and tourist attractions attract Belarusian investors.
Northern Cyprus attracts attention as a place that offers opportunities for housing investment. Investors from countries such as Germany, Russia, Ukraine, Iran and Belarus invest in real estate on this beautiful island. With its features such as high rental income potential, beautiful beaches and historical heritage, Northern Cyprus has become a popular choice among investors around the world.