KCTCS selected as best coastal country for investment.
Couse Cyprus, which is the center of attention for many global investors, is also attracting the attention of Turkish investors, and the real estate market in the region is becoming more active every day. Data published by an international real estate investment consultancy indicates an increase in investment in KCTCS by more than 200% from 2021.
It is said that real estate generates a return of at least 50% of the currency in 5 years and provides more benefits compared to other investment instruments. Turkish investors are also turning their attention to KCTCS, which has become a center for attracting investors globally. In 2021, the KCTCS was recognized by Forbes magazine as the best 'coastal country' for''opportunities within, but also promises higher returns compared to countries such as Europe and the UK. Moreover, residency permits are easy to obtain, there is no income tax, and it is possible to earn high income from currency rentals. The use of the Turkish lira as a currency also makes the region more attractive to Turkish investors. "
"The apartments yield at least 50% of the currency after 5 years," said Kadir Tümen. "To appreciate the benefits of TSCC for Turkish investors, let's take an example: in the country, rental management is handled by real estate agents, while in Turkey the process is usually handled by the owner himself.
26 October
Kadir Tumen notes that they aim to provide greater returns on international real estate investments compared to other investment vehicles. He says, "We organize presentations for our clients who want to get information about our projects in Cyprus at our offices in Istanbul or online. If a client decides to invest, we make a presentation about the region, explain the purchase process and legal procedures free of charge. We provide Turkish investors with the opportunity to take advantage of''the benefits of the real estate market in KCTCS. We give them access to the highest share of the region's economy, which is visited every year by thousands of tourists for its culture and natural beauty'.
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