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Interest in purchasing real estate in Cyprus is growing.

Interest in purchasing real estate in Cyprus is growing.

Interest in purchasing real estate in Cyprus is growing.

In recent years, there has been a rapid increase in the number of people investing in real estate in Cyprus. This situation is attracting the attention of construction companies, which are showing a growing interest in the country. As a result, housing prices continue to rise.

The appeal of the Iskele region

Renowned research organizations around the world highlight the region of Iskele in Cyprus as "one of the most attractive coastal cities to live in," which has led to an increase in the influx of both local and foreign investors.

Representatives of the real estate sector in Cyprus note that they are pleased with the high level of interest in the country.“In Cyprus, there is an increase in both rental income and property prices, which significantly reduces the payback period, ranging from 8 to 12 years.”This circumstance attracts foreigners. If you purchase property in Northern Cyprus and rent it out, the average rental income can recoup your investment in just 10 years," experts say.

Choice of Cyprus

Many local and foreign investors are choosing Cyprus as an alternative to other countries, based solely on this fact.

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The Iskele region, in particular, attracts the attention of real estate specialists.

Advantages of the region

“This area continues to develop every day and attracts investors due to its excellent location and picturesque views. Long Beach, with its clean and tranquil atmosphere, is the perfect choice for those seeking a peaceful life. This place not only has immense investment potential but also offers a high quality of life thanks to its:

  • stretched beaches,
  • pedestrian and bicycle paths,
  • numerous tourist attractions, restaurants, and cafes.

— experts add.

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