Cyprus is an attractive destination for international investors.

Investing in real estate has been one of investors' most popular choices for years, but the lengthy research process awaiting those looking to buy a home can cause this important decision to be put off indefinitely. Especially for those who want to invest in real estate abroad, finding the right location and conditions can be very difficult, and conditions in standout countries should be thoroughly researched by investors. In an article published by Forbes magazine, which published the results of its 2021 Live and Invest Abroad survey, the Turkish Republic of Cyprus (KTR) is shown in first place among the top five coastal countries in which to invest in real estate. Forbes describes Northern Cyprus as a safe and welcoming destination with a well-developed tourism infrastructure.

Special attention is paid to Iskeli

Iskeli, which has seen many residential projects in recent years. Eyüp Derdiyok, founder of Kibristaneval.com, explains the reasons why Iskeli is becoming one of the most popular areas for investors in North Cyprus: "Iskeli is an area that continues to develop day by day and attracts investors with its location and beautiful views. Offering a clean and tranquil environment for those looking for a quiet life, Long Beach not only has great potential for investment but also promises a quality standard of living with long beaches, walking and biking paths, tourist facilities, entertainment venues, restaurants and cafes. In Iskeli Long Beach, you can become a property owner with low down payments, no interest and installment payments. "

This area is also attractive to foreign investors because of its shorter payback period, which is determined by the time it takes to generate rental income equal to the cost of buying the property. Eyüp Derdiyok says that the payback period in North Cyprus is between 8 and 12 years due to the growth in both rental income and property values. He adds: "This attracts foreign investors.

The founder of Kibristaneval.com also talks about the ease of the process of buying property in North Cyprus for foreign investors, noting that the process is not very different from that for local investors, even if you are not a KTR citizen: "Even if you are not a Cypriot citizen, you have the opportunity to become a property owner in North Cyprus. The buying process is very similar to that for local investors and is fairly straightforward. To become a property owner in Cyprus, you need to first pay a deposit for your desired home and submit a formal application along with a contract. You can easily carry out the entire process by granting power of attorney to an attorney. We recommend that those who wish to become property owners in North Cyprus work with advisors who have a good knowledge of the local real estate market and legislation. We, at Kibristaneval.com, are a consulting company that has the expertise and experience to ensure that the real estate investment process is as convenient and quick as possible. We are always there for our investors, helping them make the right investments in highly promising neighborhoods with our 24/7 support team.".