#real estate in cyprus

[amazingcyprusproperties]

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[assiaroger]

Property for Sale in Northern Cyprus with Spacewise Real Estate

Northern Cyprus has emerged as a prime destination for property investors seeking beauty, convenience, and a vibrant Mediterranean lifestyle. As one of the most dynamic areas for real estate, Northern Cyprus offers a wealth of opportunities, from luxurious beachfront properties to charming village homes. At Spacewise Real Estate, we are dedicated to helping you find the perfect property for sale in Northern Cyprus that matches your lifestyle and investment goals.

Why Choose Northern Cyprus?

Northern Cyprus combines natural beauty with a warm, welcoming culture. This hidden gem in the Mediterranean boasts pristine beaches, scenic mountain views, and a rich historical heritage. The cost of living is affordable compared to many Western countries, making it attractive to retirees and young professionals alike.

One of the most significant draws of investing in property in Northern Cyprus is the favorable tax environment and relatively low property prices compared to other European and Mediterranean destinations. Whether you’re looking to purchase a summer villa, a family home, or an investment property, Northern Cyprus offers unmatched value.

Types of Properties Available

At Spacewise Real Estate, we provide a diverse selection of properties tailored to suit every taste and budget:

Beachfront Villas: For those who desire direct access to the sea, our selection of luxurious beachfront villas offers stunning views and proximity to some of the most beautiful beaches in Northern Cyprus.

Modern Apartments: Perfect for young professionals and small families, our contemporary apartments feature all the amenities you need for a comfortable lifestyle.

Traditional Village Homes: Experience the charm of traditional Cypriot living with our range of properties in scenic villages. These homes offer unique architecture and a tranquil atmosphere.

Why Choose Spacewise Real Estate?

With a deep understanding of the Northern Cyprus real estate market, Spacewise Real Estate is your trusted partner for all property needs. We offer personalized services and expert guidance, helping you make informed decisions to secure the best property for sale in Northern Cyprus. Our team will walk you through every step, from property selection to finalizing legal documents, ensuring a seamless buying experience.

Ready to Find Your Dream Property?

If you’re considering property for sale in Northern Cyprus, Spacewise Real Estate is here to assist. Our expert team provides unparalleled local knowledge and insight to match you with properties that meet your needs and aspirations. Let us help you make the move to this Mediterranean paradise today.

[carringtoncyprus]

North cyprus real estate investment

Why Invest in North Cyprus Real Estate?

Introduction: North Cyprus is an ultimate destination for savvy investors seeking lucrative real estate opportunities.

Benefits of Investing:

Affordable Prices: Real estate in North Cyprus is often more budget-friendly compared to other Mediterranean locations.

Growing Market: The area is experiencing growth in tourism and expatriate living, increasing demand for properties.

Tax Incentives: Attractive tax benefits for foreign investors enhance the investment appeal.

Featured Properties: Highlight unique listings that showcase the diverse options available, from luxury villas to cozy apartments.

Conclusion: Delve into the potential of North Cyprus real estate and secure your investment today!

#Northcyprusrealestateinvestment

[alfonsomjohnson]

Premium Real Estate in Cyprus - Chris Michael Property Group

Chris Michael Property Group offers an extensive selection of premium real estate in Cyprus, ranging from charming apartments to luxurious villas. As leading experts in the Cypriot property market, they provide essential services to help you find your dream property. Their expert consultants are always ready to assist and advise you on their diverse range of properties. Visit https://chris-michael.com.cy/ for more.

[investinnorthcyprus]

Investing in North Cyprus

You’ve probably heard about the real estate market in Northern Cyprus and wondered if investment in Northern Cyprus is safe and profitable or not?

With its stunning Mediterranean views and sunny climate, Northern Cyprus seems like an investor’s paradise. But before you put down a deposit on that seaside villa, it’s important to understand the unique real estate landscape in Northern Cyprus. In this article, we’ll walk you through everything you need to know to make smart real estate investments in Northern Cyprus. From the best locations to the legal process for foreigners, we’ve done the research so you can invest with confidence.

With insider tips from local experts, you’ll have the knowledge you need to capitalize on this up-and- coming market. So read on and get ready to find your slice of paradise in Northern Cyprus!

Why Invest in Real Estate in Northern Cyprus?

Low Cost of Living and Property Prices

The cost of living in Northern Cyprus is very affordable compared to most Mediterranean destinations. Property prices are also relatively low, starting from £50,000 depending on the type of property.

This presents an opportunity to invest in real estate at a lower cost than in nearby popular areas like southern Cyprus or Turkey. The low prices, combined with the potential for prices to rise in the coming years, make real estate investment an appealing prospect.

Generous Tax Benefits

Northern Cyprus offers extremely generous tax benefits for property owners and investors. There are no inheritance, capital gains, or annual property taxes. This allows you to purchase property without worrying about ongoing costs and taxes eating into your returns or profits from a future sale.

Any rental income is also taxed at a very low flat rate of 5%, making property investment an efficient way to generate passive income.

Growth Potential

While prices are currently low, Northern Cyprus’ real estate market shows significant potential for growth over the medium to long term. The economy has been steadily growing, and tourism numbers have been rising year over year.

This increased interest and economic activity is likely to translate into higher demand and prices for property over time. Investing now allows you to benefit from future capital appreciation and a higher return on investment.

Additional Perks

As a property owner in Northern Cyprus, you also enjoy certain lifestyle perks. It is easy to obtain a residency permit, allowing you to stay in the country for extended periods.

You have access to an enviable Mediterranean climate with hot summers and short, mild winters. The natural scenery, beaches, historic sites, and vibrant culture provide an appealing backdrop for a second home or rental investment.

Overall, the affordability, tax efficiency, growth potential, and desirable lifestyle factors make a compelling case for investing in real estate in Northern Cyprus.

While not without risks, the opportunities for solid returns and capital gains over the long run are significant. For investors seeking an “under the radar” market with huge upside, Northern Cyprus deserves a close look.

Beside all the reasons mentioned above, according to the Forbes Northern Cyprus is among 5 Affordable places to buy property in 2024! In an article in this website it is mentioned that “real estate in Northern Cyprus remains fantastically affordable. The best deals are in pre-construction developments, where you can buy property for even less than the per-square-foot average I quote.”

Top Locations for Real Estate Investment in Northern Cyprus

Girne (Kyrenia)

Girne, also known as Kyrenia, is a top location for property investment in Northern Cyprus. This picturesque harbor town attracts many tourists and foreign homebuyers.The demand for residential and commercial properties, especially around the harbor area, is quite high.

Property values have steadily increased over the years. If you’re looking for a solid investment with a good chance of strong returns, Girne should be at the top of your list.

İskele (Trikomo)

The İskele region, including the town of Trikomo, has become an up and coming area for real estate investment. It’s a bit quieter than the main tourist hubs, but that is part of its appeal.

iskele offers scenic beaches, charming villages, and lower property prices. As more people discover the area, demand is rising. Investing in İskele now could mean significant appreciation in property values over the coming years. Many investors are finding great bargains on apartments, townhouses, and villas.

Esentepe

Located in the Kyrenia Mountains, Esentepe is a peaceful village that has attracted foreign homebuyers and investors. It’s only a 15-minute drive from Kyrenia, so residents can easily enjoy the city’s amenities. Property in Esentepe tends to be very affordable compared to other parts of Northern Cyprus.

The natural scenery surrounding the village is stunning. For investors seeking rental income, Esentepe appeals to those looking for a relaxed mountain retreat. If you’re able to find a well-priced property, Esentepe can be an profitable market to invest in.

Consideration before investing in North Cyprus

Before investing in North Cyprus real estate, do your research. The country has a developing economy and complex property laws, so make sure you understand what you’re getting into.

Get professional advice

Seek guidance from lawyers or accountants who specialize in North Cyprus real estate. They can walk you through the legal process of purchasing property and advise you on the tax implications. North Cyprus has different laws than other countries, so local expertise is invaluable.

Know the market

North Cyprus’ real estate market is still developing, so prices are often lower than in western countries. However, it is a long-term investment. Study recent sales to determine average prices for the type of property you want. Look for signs the market is strengthening, like increasing sales and development. The market around popular coastal towns may hold its value better over time.

Understand the tax laws

As a foreign buyer, you are exempt from capital gains taxes in North Cyprus. However, rental income and profits from selling the property are subject to income tax. Transferring the title to your name also incurs a one-time registration fee and stamp duty. Consult an accountant to determine your potential tax liability from any rental or sale proceeds.

Plan for fluctuations

North Cyprus’ economy depends heavily on tourism, so it experiences ups and downs. Be prepared for market fluctuations that could temporarily lower your property value or rental income. View North Cyprus real estate as a long-term investment, not a source of quick returns. The market has significant growth potential if the political situation stabilizes, but it may take time.

Investing in North Cyprus real estate does come with risks, but with the right guidance and long-term outlook, it could pay off handsomely. The key is going in with realistic expectations about the market and tax implications. Do your research, get professional advice, and make sure any property you buy is one you can afford to hold onto for years to come. With patience and planning, North Cyprus’ scenic coastline and Mediterranean lifestyle could be your ideal investment.

Conclusion

So there you have it, everything you need to know to start property Investment in Northern Cyprus. With its stunning beaches, year-round sunshine, low cost of living, and residency incentives, it’s easy to see why this beautiful Mediterranean island is attracting so many foreign buyers and investors.

Just remember to do your due diligence, work with a reputable real estate agent, and don’t get too carried away with your emotions when house-hunting. Approach it like a business investment and you’ll be well on your way to enjoying hassle-free rental income, capital growth, and even a retirement haven.

The time is right to make your move in the Northern Cyprus property market. Grab this opportunity before prices climb even higher!

[theredlandpropertygroup]

Best Property Selling Company in North Cyprus

The Redland Property Group is the foremost option for property sales in North Cyprus, distinguished by our unwavering commitment to excellence, transparency, and client satisfaction. Our company has solidified its position as the region's top choice. Backed by a dedicated team of experts, we deliver unmatched service, guaranteeing a smooth and gratifying experience for individuals seeking to buy or sell properties in North Cyprus. Contact us today to learn more information!

[alanyarealestate-co-uk]

Cheap Duplexes for sale Cyprus Kyrenia with Sea View 164900 Euro – BEC-0...

[svaestates]

Properties for Sale in Limassol: Your Pathway to Homeownership with Licensed Real Estate Agents

When it comes to finding the perfect property in Limassol, the journey is made smoother with licensed real estate agents. Explore the diverse range of properties for sale in this vibrant city and discover how seasoned professionals ensure a secure and rewarding investment.

Unlocking Limassol's Property Potential: Limassol's real estate market offers a myriad of options, from residential retreats to commercial spaces that cater to various needs. Whether you're looking for a cozy apartment, a dynamic office space, or a prime retail location, Properties for Sale in Limassol are abundant and varied.

Guidance by Licensed Real Estate Agents: Navigating the intricate world of real estate demands expertise, and licensed Property Agents in Cyprus provide just that. Their in-depth knowledge of local markets and regulations empowers you to make informed decisions. With their guidance, your property search becomes targeted, efficient, and secure.

Choosing a Licensed Real Estate Agency in Limassol: When it comes to buying property, partnering with Licensed Real Estate agency Limassol is crucial. These agencies combine local insights with global standards, ensuring seamless transactions that align with your goals. With affiliations to recognized associations, they bring integrity and professionalism to every interaction.

In the journey to homeownership, the guidance of licensed real estate agents elevates your experience. Whether you're a first-time buyer or a seasoned investor, their expertise ensures your investment is not only sound but also fulfilling. Embrace the possibilities that Limassol's properties for sale offer, and let licensed professionals pave the way for your real estate success.

[cyprusresort]

Income threshold adjustments for the Cypriot residency program

Are you seeking to migrate to Cyprus? The Cypriot government recently announced an amendment to the income requirement for the residency program, boosting it from €20,000 to €30,000. This revision is meant to make it simpler for individuals to migrate to the nation and establish new lives in a dynamic, Mediterranean setting. In this blog article, we'll explore the changes to the income level and how they will influence the residency program.

Background on the Cypriot Residency Program

The Cypriot residency program, also known as the Cyprus Investment Program, was launched in 2013 to promote international investment in the country. It gives non-European Union persons the possibility to earn Cypriot citizenship or residence via several investment alternatives. To be eligible for the residence program, candidates must meet specific conditions, including making a large investment in Cyprus. This may be done by acquiring real estate, founding a company, or investing in government bonds or financial assets. Once accepted, successful candidates and their families may enjoy the advantages of residing in Cyprus, such as access to great healthcare and education, a high level of living, and visa-free travel to many countries. The initiative has been effective in recruiting international investors and improving the Cypriot economy. It has become especially popular among people from nations like China, Russia, and the Middle East.

Over the years, the program has undergone several modifications and improvements to make it more appealing and accessible to prospective investors. This includes the current increase to the income threshold, which has been raised from €20,000 to €30,000. In the following sections, we will analyze why income levels matter in the residency program, review the recent revisions in greater depth, and assess the effect they will have on candidates. We will also compare the Cypriot scheme with other residence programs in the European Union.

What are income thresholds and why do they matter?

Income thresholds are a significant part of every residency program, including the Cypriot residency program. An income threshold refers to the minimal yearly income that an applicant must earn in order to be eligible for the program. In the case of the Cypriot program, the current modification has increased the income level from €20,000 to €30,000. But why do income thresholds matter? Well, they serve as a tool for the government to guarantee that applicants have a secure financial basis to sustain themselves and their families while residing in Cyprus. By imposing minimum income criteria, the government hopes to recruit persons who are financially capable of contributing to the local economy and integrating into Cypriot society. Income limitations also assist in safeguarding the integrity of the program by prohibiting persons with inadequate financial means from acquiring the residence. This guarantees that only those who are really interested in investing in the nation and contributing to its progress are given residence. So, let's find some residential apartments for sale in north Cyprus. I think Cyprus is the best location to invest your money.

Furthermore, income requirements play a key part in establishing the level of life for successful candidates. Meeting the minimal income criteria guarantees that people may afford the cost of living in Cyprus, which includes costs such as housing, education, healthcare, and leisure activities. In summary, income requirements are an important component of the residency program as they help to attract financially competent persons who can contribute to the local economy, protect the program's integrity, and assure a decent quality of living for successful candidates and their families.

Recent modifications to income thresholds

The latest modifications to the income limits in the Cypriot residency program have generated a lot of attention and enthusiasm among prospective candidates. With the threshold being increased from €20,000 to €30,000, more persons will now be able to apply and take advantage of the perks that come with residing in Cyprus.

This modification is a deliberate effort by the Cypriot government to attract a broader spectrum of persons who can contribute to the local economy and bring new ideas and investments to the nation. By raising the salary criteria, the government is guaranteeing that applicants have the financial stability to sustain themselves and their families while residing in Cyprus. For many, the change to the income level offers new opportunities. Individuals who previously may not have satisfied the prior income threshold now have the option to follow their ambitions of living in a lovely Mediterranean setting. Whether it's launching a company, investing in real estate, or just enjoying a high quality of life, the choices are unlimited. It's crucial to note that although the income criterion has been changed, all other qualifications for the residency program remain the same. Applicants will still need to satisfy the investment requirements and complete other qualifying conditions.

Impact of the increased income limitations on applicants

With the recent increase in the income requirements in the Cypriot residency program, prospective candidates are already feeling a substantial effect. The rise from €20,000 to €30,000 has opened up new prospects for those who may not have previously fulfilled the income criterion. For many, this tweak is a game-changer. It means that more individuals may now follow their ambitions of residing in the lovely Mediterranean setting of Cyprus. Whether it's launching a company, investing in real estate, or just enjoying a high quality of life, the choices are unlimited. The new income requirements provide people and their families the possibility to enjoy the advantages of living in Cyprus, such as access to great healthcare and education, a safe and dynamic society, and the option to travel visa-free to many countries. Furthermore, the modification to the income requirements indicates the Cypriot government's aim to recruit a wide variety of persons who can contribute to the local economy and provide new ideas to the nation. By enhancing the financial stability of applicants, the government is guaranteeing that individuals who are granted residence are capable of integrating into Cypriot society and having a constructive influence.

Overall, the effect of the increased income limitations on applicants is considerable. It offers a world of possibilities for persons who are willing to enjoy the beauty and opportunity that Cyprus has to offer.

Comparison with other EU residence schemes

When contemplating migrating to Cyprus, it's vital to compare the Cypriot residency scheme with other comparable programs in the European Union. While Cyprus provides various perks, it's always useful to grasp the possibilities accessible elsewhere. One popular option is the Portuguese Golden Visa scheme. This program offers residence to those who invest in Portugal, such as acquiring real estate or generating employment.

Portugal's scheme has gained appeal because of its lower investment requirement compared to Cyprus and the potential of getting citizenship after a specific term of stay. Another intriguing possibility is the Malta Individual Investor Program. This program gives citizenship to persons who make a large financial commitment to the nation, such as investing in government bonds or buying land. Malta is recognized for its advantageous tax structure and appealing lifestyle, making it a popular option for individuals seeking EU residence.

Additionally, the Greek Golden Visa program gives residence to people who invest in Greece. The program provides possibilities such as acquiring real estate or making a financial investment. Greece's rich history, gorgeous scenery, and affordable cost of living make it an alluring destination for many. It's vital to examine and evaluate various programs, taking into account elements such as investment requirements, processing timelines, and the perks that come with each program. Ultimately, the ideal residency program for you will rely on your personal objectives, interests, and financial resources.

[limassolgreens]

Experience unparalleled luxury living with Limassol Greens, Cyprus' premier destination for exquisite residential real estate. Nestled in the heart of Limassol, these exceptional properties redefine elegance. Explore a curated selection of lavish homes, thoughtfully designed for the discerning buyer. Elevate your lifestyle with Limassol Greens – where opulence meets tranquility.

[juwelisrealestate]

Shisha, also known as waterpipe tobacco or hookah, has cultural significance in many parts of the world, particularly in the Middle East, North Africa, and South Asia.

In the Middle East and North Africa, shisha smoking is often associated with social gatherings and is a popular pastime in shisha cafes and lounges. In some countries, such as Egypt, Jordan, and Lebanon, shisha is an important part of the tourist industry.

In South Asia, shisha smoking is also a popular social activity, particularly among young people. In India and Pakistan, shisha cafes are a common sight in urban areas.

In addition to its social significance, shisha has also played a role in art and literature in some parts of the world. For example, in the Middle East and North Africa, shisha smoking is often depicted in paintings and literature as a symbol of leisure and hospitality.

Overall, the cultural significance of shisha varies widely depending on the region, but it is generally associated with socialization and relaxation.

[gogordian]

GoGordian Real Estate

GoGordian offers a diversified real estate portfolio across Cyprus including land, residential, and commercial assets. GoGordian’s portfolio provides an array of investment opportunities across a wide price range. It’s team of experts provide high quality customer services through a trustworthy, reliable, committed and unique know-how approach.

Real Estate Agent Cyprus

[cyprusrealestateforsale]

Cyprus Real Estate! #cyprus #realestate #limassol

[alanyarealestate-co-uk]

Beachfront Ultra Luxury Cheap Apartments for sale Cyprus 67760 Euro – GG...

[head-post]

Russia nationalises UK property company Raven

Russia’s Prosecutor General’s Office filed a lawsuit to nationalise the Russian assets of UK-based Raven Russia, according to Russian media.

This will mark the first time that the exit of a major foreign company has been cancelled, as Raven previously withdrew from Russia through an MBO (management buyout). The mechanism has been an exit strategy for large Western companies since the outbreak of war in Ukraine in February 2022.

Raven Russia is the country’s largest owner of warehouse real estate with a portfolio of 1.9 million square metres. The company owns 17 logistics parks, of which 10 are in the Moscow region and the rest in major cities with a million inhabitants. According to The Bell, analysts estimate the market value of the company’s Russian business at RUB 75-100 billion ($1-1.3 billion).

The founders of Raven Russia are British investors Anton Bilton and Glyn Hirsch. However, after the outbreak of war, the company was delisted from the London Stock Exchange’s Alternative Investment Market (AIM). The company was subsequently sold to its Russian executives Igor Bogorodov and Yaroslav Shuvalov and renamed Phoenix Property Group.

Now, the Prosecutor General’s Office has filed a lawsuit demanding that Raven Russia’s business be transferred in favour of the state. The office has put forward two claims: the purchase of such “strategic assets” as logistics terminals in Russia without special government authorisation, and the illegal re-registration of the company from Cyprus to the UAE after the MBO exit.

Previously, Russian President Vladimir Putin’s decree paved the way for the nationalisation of foreign assets. The authorities have already taken measures against Finnish and German energy companies Fortum and Uniper, as well as brewing and dairy companies Carlsberg and Danone.

Read more HERE

[meditating-dog-lover]

Things to work on (2024)

1. Continue health goals I achieved this year and build on them (focus on gut health, posture, meet with PT often and to improve some strength and flexibility, etc...). I did a great job this year and I want to continue it!

2. Intermittent fasting 16-8 + walking and supplements.

3. Focus on mental health improvement (ACT focus). I need to work on anxiety, shame, and emotional regulation (and dealing with my mom). Unfortunately, I had a traumatic experience in my last therapy session and had to quit, and am scared of going back to therapy. Magnesium glycinate also helps with anxiety. Another thing that helps is being in touch with your inner child (this has helped me in the past and I'm working on being more in touch as time goes on). More on the last point later.

4. Continue progressing at work, doing more experiments, getting more experience beyond my lab, and looking into being eventually promoted. This is one of my more serious goals.

5. Continue to deposit money to my 401ks, IRA, house savings, and emergency savings, learn how to invest that money, start building credit, and look into real estate and gold investing. This is also one of my more serious goals.

6. Heal any health anxiety and trauma I have (this is trauma-related and not health-related since I did a great job on my physical health this year). I need to stop being anxious whenever I go see doctors and I should take my own health into my own hands.

7. This is more of a physical goal but look into improving my style (and confidence). I always hated clothes and makeup for some reason, so I need to work on this and am even considering meeting with a stylist for some help with this. I already do my hair, nails, eyebrows, skin treatment, teeth whitening, but I hate clothes, makeup, and accessories for some reason. Also keep exercising to stay lean and be able to fit into nice clothes. Looking into colors and styles that flatter me is a good start. I want to get comfortable with clothes and style to the point where I can confidently wear a swimsuit in public (I haven't swam in 5 years and I would love to do it again).

8. Look into hobbies. Inner childhood channeling can help here since I had a lot of hobbies growing up.

9. Read books!!!

10. Get in touch with your inner childhood! I'm on vacation in Cyprus right now and it reminds me of the Middle East from when I lived there as a child in the late 90s early 2000s (without the overwhelming complexities it has now). So if I gain any positive flashbacks from my child while I'm here, I'll write them down.

11. Do more self-care and fun stuff (if this means walking, taking a break, journaling, going to a spa, etc...). I work hard and need to relax and reward my hard work. I am going to do a skin treatment before I travel. I'll think of a list of things that I can do that fall under this category. Sometimes I feel like I don't need these, but once I really do give myself a special treatment I cannot stop thanking myself for doing so. Even if it costs a lot of money, it can be worth it.

12. Continue doing activism (even though this can be very distressing and I will need to learn some emotional regulation here, it's hard to emotionally regulate during a genocide happening right now).

13. Meet with a holistic doctor to address my eczema once and for all.

14. Work on my posture and muscle tightness/flexibility. I have poor posture and it's worth working on it now at a young age before it's too late. I'm going to get a pillow and mattress for my bed, work on my posture at my desk in work, stretch and if needed, get massages.

15. Learn to develop feelings of love and start believing you deserve to be loved. I have a hard time developing feelings for others. If anything my attraction to anyone has been physical lust rather than unconditional love. Again this is another inner childhood thing I want to work on because as a child I used to love unconditionally.

16. Getting rid of any feelings of shame I have. I've been raised to be ashamed and to always be "perfect". My parents were strict and judgemental in this case, despite them being good parents overall. This gets to the point where I feel like I need to hide in a corner whenever I make a mistake and start yelling at myself for being a failure. This will be hard, but it will work out in the end by hook or by crook. This is a self confidence issue. It's also hard knowing I live with my mom who can be super judgy. But I need to address this problem.

Add more if needed...