A new project from Fenerchiolu in Gaziverene in North Cyprus: 3,000 residential units.

Fenergioglu, who is accelerating his projects in Cyprus, unveiled new projects at a luxury reception at the Merit Royal Diamond Hotel on December 11.

Fenergioglu's chairman, Aycan Fenergioglu, said that they plan to create a new residential zone at Gaziveren in January 2024, which will house 3,000 residences.

Fenergioglu, who continues his projects both domestically and internationally and started his 3,000 housing projects in Cyprus in the second half of August, continues to invest in the region.

Fenergioglu unveiled his new projects at a lavish reception held at the Merit Royal Diamond Hotel on December 11, where Simge Sahin was the speaker.

The event was attended by about two thousand people, including the Minister of Construction and Transportation of the Turkish Republic of Northern Cyprus Prof. D.r. Erhan Arykla, Bayram Tekce, Chairman of the Union of Real Estate Services Exporters (GIGDER) and representatives of real estate agencies and professionals.

Professor D.r. Erhan Arıkl in his opening speech expressed his gratitude to the Fenergioglu family for attracting so many investors to Northern Cyprus and said: "Northern Cyprus is a paradise for investment, whoever opens this paradise first will win. In Northern Cyprus, one of the most reliable countries in the world, the queue of investors looking to invest has long been lined up. "

Aycan Fenergioglu, chairman of Fenergioglu Board of Directors, said in a statement that they are excited about new projects in Cyprus and said: "The year 2023 has passed with difficulties for the real estate and construction market due to the February earthquake that shocked us all. As members of the industry, we recognize our responsibility and do what is necessary to build earthquake-resistant homes. We are excited to unveil our new project, Coastal Heaven, which will begin in February in Gaziveren and will be the island's new residential area, with a total of 3,000 units.

In his speech, Aycan Fenergioglu said that they made a presentation of lands and mixed properties in cooperation with Neo Portfoy in the first week of December and said that through the funds they have established, investments will not be lost due to inflation and the fund's targets are 500,000,000 Turkish Liras for each. He also announced an upcoming real estate listing in Luxembourg and gave information about an electronic online booking platform designed specifically for agents. He also gave information about Club Card program which will allow property buyers to enter the privileged world and said that they will provide benefits to their customers from famous brands.

GIGDER chairman Bayram Tekce also said: "Climate is one of the primary needs for investors because of the Mediterranean climate and in this respect Cyprus fully meets the needs. Cyprus, located in the most attractive location in the Eastern Mediterranean, is set to grow significantly in the next 10 years. I think Cyprus will attract foreign direct investment in real estate around the world. I am confident that Fenergioglu's moral and principled business model will become a model for the industry.".