Real estate
for investment
with a yield of 20% from renting and 30% from resale
for investment
with a yield of 20% from renting and 30% from resale
Investment strategy and analysis of the real estate market in Northern Cyprus
Read more about our offer and our investment expert will contact you
Financial model* for renting out a real estate
Profits
With an min cost of 120,000€ at the initial stage of construction
*The model is calculated for daily and long-term rental
Studio, 46 м²
Financial model* for selling out a real estate
Profits
At an min cost of 120,000€ at the initial stage of construction
*The model is designed for the sale of the asset at the readiness stage. At the readiness stage, 70% of the asset's value is paid.
Studio, 46 м²
Why is it beneficial to invest in real estate in Northern Cyprus?
Investing
2019 — 57,000€
2020 — 61,560€
2021 — 77,000€
2022 — 98,000€
2023 — 120,000€
2020 — 61,560€
2021 — 77,000€
2022 — 98,000€
2023 — 120,000€
2019 — 3,976,777
2020 — 631,609
2021 — 1,936,931
2022 — 3,201,080
2020 — 631,609
2021 — 1,936,931
2022 — 3,201,080
The dynamics of the min property value growth in Northern Cyprus from 2019 to 2023 (Studio, 46 м²)
The dynamics of international tourism growth in Northern Cyprus from 2020 to 2023
Highest ROI in the region
Only verified developers
TOP-3 investment properties which we selected from 755 new buildings
Objects
The Querencia project will be located in the city of Iskele, on the shore of the Mediterranean Sea, 400 meters from the picturesque Long Beach. Everything necessary for comfortable living and relaxation is already provided in the complex, including outdoor and indoor pools, sports courts for basketball, tennis and mini-golf, a water park for children, a co-working space and relaxation areas, conference rooms, currency exchange, a cinema, restaurants and cafes, a Swedish breakfast hall, snack bar, spa center, Turkish hammam and sauna, massage rooms and a gym covering an area of more than 4,000 square meters.
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by May 2025), and the remaining 30% with 0% installment over the course of a year.
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by May 2025), and the remaining 30% with 0% installment over the course of a year.
Querencia by Dovech
Price:
From 260,300€ to 1,056,780€
Start of construction: 2023
End of construction: 05.2025
Property type: Apartment, penthouse, duplex
Number of rooms: Studio (60 m²), 1+1 (85 m²), 2+1 (128 m²), 3+1 (159 m²), 4+1 (327 m²), 5+1 (416 m²)
Annual price growth rate: from 25%
Daily rental: from 220€
ROI (rental): from 10%
Annual rental income: from 24,800€
Profit on resale: from 117,135€
More on consultation
The Sky Deluxia Life complex will be located in the city of Iskele, 550 meters from the sea and Long Beach. The complex consists of 416 apartments of various layouts and sizes, all with excellent sea views. The complex is a gated and guarded territory with its own infrastructure, including 4 swimming pools, a gym, beauty salon, sauna, Turkish hammam, spa center, restaurant, bar, relaxation area, sports and children's playgrounds, BBQ area, shops, and much more!
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by April 2025), and the remaining 30% with 0% installment over the course of a year.
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by April 2025), and the remaining 30% with 0% installment over the course of a year.
Sky Deluxia Life
Price:
From 120,000€ to 1,709, 430€
Start of construction: 2022
End of construction: 04.2025
Property type: Apartment
Number of rooms: Studio (46 m²), 1+1 (69 m²), 2+1 (99 m²), 3+1 (334 m²)
Annual price growth rate: from 25%
Daily rental: from 110€
ROI (rental): from 10%
Annual rental income: from 11,000€
Profit on resale: from 54,000€
More on consultation
The new residential complex Bellagio from the developer Noyanlar Construction will be located in the city of Iskele, just 200 meters from the Mediterranean Sea. The project plans to have 281 apartments with studio and 1+1 layouts. The complex will have everything necessary for comfortable living and relaxation, including outdoor and indoor pools, a restaurant and coffee shop, bike paths and bike rentals, a medical center, relaxation areas, and a rooftop bar.
The cost of the apartment includes fully finished interior and equipped bathroom. Kitchen and furniture are paid separately according to the buyer's preference. The cost of the service for the studio: €7,980 - hotel concept, €9,120 - living concept. The cost of the service for 1+1: €10,260 - hotel concept, €11,400 - living concept.
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by April 2025), and the remaining 30% with 0% installment over the course of a year.
The cost of the apartment includes fully finished interior and equipped bathroom. Kitchen and furniture are paid separately according to the buyer's preference. The cost of the service for the studio: €7,980 - hotel concept, €9,120 - living concept. The cost of the service for 1+1: €10,260 - hotel concept, €11,400 - living concept.
Convenient installment conditions are available for our clients: 35% initial payment, 35% before the completion of construction (by April 2025), and the remaining 30% with 0% installment over the course of a year.
Bellagio by Noyanlar
Price:
From 146 800€ to 300 960€
Start of construction: 2023
End of construction: 06.2025
Property type: Apartment
Number of rooms: Studio (39 m² - 45 m²), 1+1 (72 m² - 85 m²)
Annual price growth rate: from 25%
Daily rental: from 110€
ROI (rental): from 10%
Annual rental income: from 14,680€
Profit on resale: from 66,060€
More on consultation
TOP-3 investment properties
The best investment plan for you
Investment strategy
Real estate market in Northern Cyprus
Learn more about the properties at a zoom meeting with our investment expert with over 5 years of experience!
At the zoom meeting he will tell you all the details about:
We offer you a turnkey rental business
Management
Simply buying property is not enough to generate passive rental income.
You need to constantly maintain your apartment, penthouse or villa in excellent condition, provide high-quality service to guests, and ensure a steady flow of bookings.
You need to constantly maintain your apartment, penthouse or villa in excellent condition, provide high-quality service to guests, and ensure a steady flow of bookings.
All you have to do is pay a commission of approximately 20% to the management company and receive profits on your account.
All of these responsibilities will be taken care of by a property management company
Advantages of real estate in Northern Cyprus
Advantages
Increase in property value by 45% per year
On average, real estate properties in new buildings become more expensive by 1-2% per month and 20-40% per year, as demand far exceeds supply
Increase in rental value by 20% per year
Northern Cyprus is becoming a popular place for businessmen, bloggers, freelancers, and anyone who wants to live and work peacefully by the sea. The demand for residential rentals continues to grow every year
Profit margin of 25% on resale
You can resell real estate with a profit margin ranging from 30,000€ per deal
Average occupancy rate of 40%-70%
In Northern Cyprus, the season is year-round, so there are always those who want to live or vacation by the sea. All properties in our database are located within 10-15 minutes of the coast, which will provide you with a stable flow of tenant
Developed Infrastructure
In Northern Cyprus, especially in bustling cities, there are many cafes, restaurants, walking areas, kindergartens, schools, universities, a national park, hospitals, offices, and banks - in other words, all the familiar urban infrastructure combined with a seaside climate!
Life by the Sea
Breathtakingly beautiful nature, sea, clean beaches, delicious and fresh food make Northern Cyprus simply an ideal place to live and relax at any time of the year
We are «Vitoria Investment»,
a real estate agency in Northern Cyprus
a real estate agency in Northern Cyprus
Real estate agency
We help clients find the exact property they have been dreaming of. We operate legally and possess all necessary documents and licenses
Why is it better to purchase property through an agency?
We know the real estate market inside out
Every developer will promote their own properties. But we work with a large database from different developers and can select exactly what you need, not just what the developer wants to sell you
Safe transaction
We take care of all stages of the transaction and document preparation. Professional realtors who know all the nuances and eliminate errors will handle the documents and contracts
Possibility of online purchase
You do not have to fly to Northern Cyprus to complete the transaction. We will act as your official representative (with a power of attorney) and all you need to do is pay the bill
Successful investment case with «Vitoria Investment»
Сases
The tasks that the investor Ronald approached us with were:
- Investment in an apartment during the construction phase
- Achieving passive income from renting out the apartment
- An investment budget of €200,000 - €250,000
Result:
We found an apartment with one bedroom, 80 m² in the city of Iskele:
- The cost of the property was €240,500 at the time of sale
- Favorable conditions from the management company: 20% commission for the management company + 80% of the profits go to the owner of the apartment
- A tourist region close to the best beach in Northern Cyprus - Long Beach
- The client bought the apartment for €240,500, as planned
- Completion of construction is planned for September 2023
- Predicted net income from investments in daily rental is €55,200
Ronald
Germany
Reviewed by Ronald
Stage
Stage
Stage
Answering frequently asked questions
Questions
The most profitable stage is the sales launch announced by the developer. At this stage, typically, construction has not yet begun, but there is already a project for the complex, all necessary documentation, a building permit, and a ready plot of land. At the sales launch, the price is at its minimum, making it the most advantageous time for investments. Another good option is to invest at the beginning of the construction stage when prices are rising minimally.
This is very individual and depends on your investment strategy. Some properties are better suited for renting out, while others are better for resale after construction is completed. We select individual options for each investor with an optimal profit forecast.
For investment, popular locations among tourists are suitable, close to the sea or to the centers of developed areas. In such places, high occupancy rates and daily rental prices can always be expected. We select a specific area depending on your goals.
There is no fixed price per square meter. In different projects and even within the same project, the same area may cost differently. Everything depends on the floor area of the building, proximity to the sea and nearby infrastructure.
Investing here is completely safe! And even easier than in other countries because:
Moreover, there are universities with international accreditation on the island, and cities are constantly developing and actively building new projects.
- No income statements are required when buying property in the TRNC. You don't have to report the source of your investment budget to anyone.
- International banks in Northern Cyprus provide a variety of financial services, which helps connect the Turkish Republic of Northern Cyprus with the global financial system. You can use Turkish bank services, SWIFT transfers, and cryptocurrencies.
- There are no international refugee protection programs or migrant workers in Northern Cyprus, which often become a cause of crime rate growth. Therefore, the island is safe!
Moreover, there are universities with international accreditation on the island, and cities are constantly developing and actively building new projects.
Many developers have management companies that handle this. Prices for services start at 10% of the rental amount. In some complexes, there is also a guaranteed rental service from the developer. As an agency, we can also help with this.
Cyprus is located in the calmest region of the Alpine-Himalayan seismic belt. Therefore, earthquakes occur here much less frequently than in Greece or Turkey, and the intensity of the tremors is much weaker. Currently, the government has approved strict construction standards that comply with international seismic resistance standards. Therefore, no, new houses will not collapse!
We only work with proven developers who have already completed projects in Northern Cyprus and value their reputation. Before the start of construction, developers provide us with a complete package of documents showing that they are fully funded for the construction of the complex.
The developer guarantees that the property will be completed within the specified timeframe and will conform to the plan, as well as the quality and legality of the construction.
The developer guarantees that the property will be completed within the specified timeframe and will conform to the plan, as well as the quality and legality of the construction.
The availability of installment payment depends on the developer. Typically, the initial payment is 30%, and the remainder is paid quarterly or upon completion of construction. Some developers offer a 0% installment plan for 12 months after completion of construction. Your real estate agent will provide more information about the installment payment terms depending on the selected property.
Yes, it is possible to purchase real estate online. All that is required is your passport and money. Payment can be made through a bank transfer, cryptocurrency, or acquiring.
- When registering the contract, the investor must pay a 0.5% stamp duty and a 6% first payment for the Title.
- 5% VAT. VAT is usually paid within a year after receiving the keys. There are stages when an investor can exit before the completion of construction, and in this case, he is not required to pay this tax. And there is only one developer where VAT is included in the payment plan. Often, this tax is NOT paid by investor-resellers.
- Transformer fee - from 1710 euros. This is a kind of payment for connecting communications to the apartment (villa). It is not mandatory for investor-resellers. It is relevant for investors who have purchased property for long-term rent.
In the territory of the Turkish Republic of Northern Cyprus, there are a Turkish army of twenty thousand soldiers, peacekeeping bases, and a British base that regulate the military conflict. Greece will not want to reclaim anything, and your property is not in danger.