Commercial Real Estate for Sale in North Cyprus

The Turkish Republic of North Cyprus is located in the north of the island of Cyprus. Cyprus, the third largest island in the Mediterranean region, is in an important point connecting three continents. The region is blessed with a warm and sunny Mediterranean climate. The beaches are very safe and suitable for swimming. The main settlements of North Cyprus are the capital Lefkoşa, Gazimağusa, Girne, Güzelyurt and Lefke.

The peaceful island cities of North Cyprus offer you a Mediterranean dream thanks to their magnificent atmosphere. Both the season and the easily accessible amenities make it even more attractive. In addition to being an ideal vacation destination with its fascinating Mediterranean beaches and calm lifestyle, it is also highly demanded for commercial reasons due to the developed service industry in the region. The country's economy is mostly driven by services such as trade, the public sector and tourism. For this reason, commercial property in North Cyprus, which is always the focus of investors, should be at the top of your preferences if you are considering investing in real estate. The official language of North Cyprus is Turkish and the currency is Turkish lira.

Is North Cyprus a Good Place to Invest in Commercial Real Estate?

Definitely yes. The increasing demand for the real estate sector in recent years has positively affected commercial investment options such as offices and shops, workplaces and hotels for sale in North Cyprus. The impact of tourism makes the investment in properties such as hotels, hostels and restaurants valuable here. North Cyprus, which welcomes many tourists every month of the year, offers the advantages of commercial investment with the type of property you want here thanks to its facilities in different cities suitable for both those looking for a peaceful holiday and those who prefer entertainment. Due to these advantages, you can make a profitable start to the market by investing in the most suitable property for you from the advertisements of workplaces for sale in North Cyprus, which are increasing in value day by day. You can rent your real estate to famous and corporate companies in North Cyprus and earn a regular income from your commercial residence.

The demand for North Cyprus is increasing day by day with its opportunities and facilities that attract both local and foreign buyers. There are thousands of businesses that both tourists and locals benefit from, and the need for these businesses is growing with the increasing population and number of visitors. Investing in accommodation options such as hotels is only one of the logical investment decisions that can be made in North Cyprus as it is a touristic region. In addition, you have the chance to earn a very good and regular rental income from commercial residences belonging to such businesses in North Cyprus, which is also highly popular for organizations such as weddings or engagements with its natural beauties and various place options. Buying business in North Cyprus is one of the most profitable and high-return investments you can make.

What Are the Best Areas or Regions for Property Investment?

If you are considering investing in commercial real estate in North Cyprus, you should consider the capital Lefkoşa. You will never regret investing in real estate in this region where business centers and commercial residences are densely located.There is always a need for property in Lefkoşa, which is home to many different companies and institutions. Due to the interest of both real estate buyers and investors, there are real estate options suitable for everyone here. As a result of the intense demand, competition in the market is quite high and rental income is high.

If you want to make a different kind of long-term and forward-looking investment, you may want to consider the rapidly developing Iskele region. Increasing infrastructure works and projects here signal that the region will gain value over time. Tatlısu, which is a small municipality with mesmerizing beach views, also seems like increase its popularity in time, considering the touristic visit rates. If you prefer to buy land in North Cyprus, you can greatly increase your earnings in the long term. For the ones who look for an area that’s filled with natural beauty and views, Güzelyurt can be one of the best advice.

If you want to invest in areas where you can earn high rental income in the short term, you can invest in cities with high tourist and student populations such as Girne or Gazimağusa. These cities welcome thousands of new tourists and students every year. They are the most known and the most developed cities in North Cyprus. Especially, If you visit Girne, you should definitely see Bellapais Abbey. Thanks to their attractions, these cities generate the biggest economic income from property rents. Flats for sale in North Cyprus are a good investment option for investors who want to earn a regular and profitable rental income.

If you want to make investments outside the city centers, which are more calm and appeal to holidaymakers, you can turn to more luxurious and personal accommodation options other than hotels and hostels. The Karpaz region, which is a new and developing favorite of investors, is one of the places where visitors prefer to rent houses for daily or short-term stays. Houses for sale in North Cyprus are one of the housing options that earn well in the short term thanks to rental income as well as being a long-term investment tool. Villas located close to the sea, offering a pool and fully equipped complex facilities are among the most demanded residences by visitors.

Contact us!

TEKCE offers consultancy services consisting of the most suitable real estate for you by providing customer satisfaction. With its wide portfolio, it offers a wide range of property for sale in North Cyprus from land to houses in many locations. Contact us to realize your real estate dreams in North Cyprus and get a consultancy from our professional team!