by Merve Çalışkan
North Cyprus is an increasingly popular destination for people who are looking for a high-quality lifestyle without breaking the bank. The Mediterranean island offers a unique blend of natural beauty, history, culture, and modern amenities, all at an affordable cost of living.
The cost of living in North Cyprus is generally much lower than in many European countries, making it an attractive destination for retirees, expats, and digital nomads who want to stretch their budgets.
According to recent data, the cost of living in North Cyprus is around 50% lower than in the United Kingdom, making it an affordable option for Europeans who want to enjoy the Mediterranean lifestyle without sacrificing their financial stability. The cost of renting a two-bedroom apartment in North Cyprus is around 400-600 GBP per month, while a three-bedroom villa can be rented for around 800-1200 GBP per month.
Housing is one of the biggest expenses for most people, and North Cyprus offers a range of options to suit different budgets and lifestyles. Whether you’re looking for a spacious villa with a pool, a modern apartment close to the beach, or a traditional stone house in the mountains, there are plenty of affordable options available.
Another major expense is food, and North Cyprus has a wide variety of options to suit all tastes and budgets. Whether you prefer to eat out or cook at home, you can find fresh and delicious food at reasonable prices. A meal at a mid-range restaurant can cost around 10-15 GBP per person, while groceries are generally much cheaper than in many European countries. A litre of milk costs around 0.60 GBP, a loaf of bread costs around 0.70 GBP, and a kilo of chicken breast costs around 5-6 GBP.
Transportation is also affordable in North Cyprus, with a litre of petrol costing around 0.80 GBP and a public bus ride costing around 1 GBP. Many people choose to rent or buy a car to explore the island, and there are plenty of affordable options available.
In addition to the affordable cost of living, North Cyprus offers a high quality of life. The island has a warm climate, stunning natural scenery, and a rich cultural heritage. There are plenty of activities to enjoy, including hiking, swimming, water sports, and exploring the many historic sites and museums.
The affordable cost of living, combined with the stunning natural beauty makes the island an attractive option for property investors. Whether you’re looking for a relaxed beach lifestyle or an active outdoor adventure, North Cyprus has something to offer everyone.
Senilk Real Estate is a premier real estate agency that specializes in properties located in North Cyprus. With years of experience in the industry and deep knowledge of the local real estate market, the company has built a solid reputation for providing exceptional customer service and a proven track record of delivering results.
For clients who are interested in relocating to North Cyprus, Senilk Real Estate provides comprehensive information that helps people to plan their budgets accordingly.
