KCTCS is recognized as the best coastal country for investment.

Küzey Kıpr, which is an attractive market for many investors around the world, has also hit the radar of Turkish investors and the real estate market in this region is reviving day by day.

Data provided by an international real estate investment consultancy indicates that investment in KCTCS will grow by more than 200% from 2021. It is noted that real estate has increased in value by at least 50% in foreign currency over the past 5 years, yielding returns more than other investment instruments.

Northern Cyprus, with its activity in the real estate market, is becoming an object of interest for investors around the world, and Turkish investors are also directing their eyes to the region. The investment performance in KCTCS, which was recognized by Forbes in 2021 as the best "coastal country" for real estate investment, is increasing every year. Data provided by Exen Invest, an international real estate investment consultancy, indicates a more than 200% increase in investment in NorthernCyprus from 2021. Among the main investors are the UK, Russia, Iran and Scandinavian countries.

Kadir Tumen, co-founder of Exen Invest, notes that these investments are not just being made to settle in KCTCS, but also to generate revenue. "Completed construction projects are increasing by no less than 55%," notes Kadir Tumen, "KCTCS, which is one of the most reliable countries in the world, has recently attracted the attention of many investors from different countries. Because this region offers many opportunities and promises higher returns compared to countries like Europe and the UK. It's also easy to get residency permits, enjoy tax benefits, and receive high foreign currency rents. The region is becoming even more attractive to Turkish investors due to the fact that the Turkish lira is the currency in this region. "

Kadir Tümen says, "After 5 years, the value of residential real estate in KKTS has increased by at least 50%.

Detailing the benefits of KKTS for Turkish investors

Kadir Tümen's assessment is as follows: "If we take the advantages of TSCC for Turkish investors as an example, real estate rents in this country are managed by realtors, while in Turkey this process is usually carried out by the apartment owner himself. After 5 years, the rent in KKTS increases by at least 50% in foreign currency, while in our country it is paid in Turkish liras and it takes up to 20 years to pay back. This period is 10-12 years in Cyprus. The average annual rental value there is 315 thousand Turkish Liras, while in Turkey it is around 110 thousand. "

"We provide higher returns on real estate investments compared to other instruments "Kadir Tumen says they are working with a mission to provide higher returns on international real estate investments compared to other instruments. "We offer our clients who want information about our projects in North Cyprus a presentation at our offices in Istanbul or online. If they decide to invest, we provide information about the region, free of charge about the purchase process and legal procedures. We provide Turkish investors with the opportunity to take advantage of real estate in North Cyprus. We are opening the doors so that they get the maximum share in the economy of the region, which is visited by thousands of tourists for its cultural and natural attractions. "