• Nov 27, 2024
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Northern Cyprus: Ranked First Among the World's Top 5 Best Coastal Countries for Investment by Forbes!

The Turkish Republic of Northern Cyprus may not be fully recognized worldwide, but it has recently caught the attention of Forbes magazine, which listed it as the top coastal country for real estate investment. According to the latest article by Katleen Peddicord, a writer and travel expert, Northern Cyprus was ranked first in the "Live and Invest Abroad 2021" study, alongside countries like Colombia, Brazil, Mexico, and Belize. The research, focusing on the price of holiday homes, highlighted Northern Cyprus as an ideal place to invest, with properties starting from just $75,000, offering sea views or easy access to the beach.

Having lived and invested in overseas countries for over 30 years, Peddicord emphasizes the many advantages Northern Cyprus offers. This beautiful island, despite not being recognized globally, is gaining increasing attention from investors and tourists. Northern Cyprus is known for its stunning beaches, warm-hearted people, low crime rates, excellent educational system, and vibrant nightlife. With around 3 million tourists visiting annually and increasing investments, the island continues to draw the world’s attention.

In recent years, areas like Famagusta, Iskele, Kyrenia, and Esentepe have been rapidly developing, attracting foreign investors looking to own property or start businesses on this "green island." The stunning beaches of Famagusta and Iskele, along with 5-star hotel projects, continue to appeal to foreign investors who want to own a piece of paradise by the Mediterranean Sea.

Post-pandemic, Northern Cyprus is expected to experience significant development and an increase in investments. With the real estate market expected to grow, this is the perfect time to make your investment. You can contact our online consultants at any time and start your investment journey now.

Remember, Northern Cyprus is not just an investment opportunity but also a perfect destination for a relaxing holiday!

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