Where To Buy Property?

People considering moving and living in Northern Cyprus often ask the question, where’s the best place to buy or build a home in Northern Cyprus. The attractions of living in the Turkish Republic of Northern Cyprus are multi-faceted. With comparison to living in the UK and Europe, North Cyprus is unspoiled and unmolested by the commercial heavy traffic of tourism and the fast-paced living of the all-consuming capitalistic world of the corporate giants. People are genuinely happier, friendlier, less stressed, and healthier here.

Peaceful, tranquil and safe.

North Cyprus is known for its relatively low crime rate, making it a safe place to walk the streets at night alone. It is considered an ideal destination for families, as it offers a range of English education schools and a variety of academic universities. The healthcare system in Northern Cyprus is also noteworthy, with private clinics, dentists, and hospitals providing specialist treatment at international standards.

The costs of healthcare services in Northern Cyprus are often lower than those in the UK, Germany, and other European Union countries. Buying a home in Northern Cyprus, especially near attractions and amenities, is described as simple, comparable to a piece of cake. Senilk Real Estate Consultancy can be contacted to assist you in finding your perfect home in Northern Cyprus.

Where to buy in Northern Cyprus?

Overall Iskele and Esentepe are the best places to buy property in North Cyprus, the expats can live most comfortable, which is practically anywhere and everywhere on this island. Let’s narrow it down by geographic district and average property prices. If you like to live a comfortable life in a tranquil neighborhood, then Lapta area is the best location. Lefke and Guzelyurt are the most suitable places for you if you are after a quiet and peaceful village lifestyle. Catalkoy and Tatlisu too are also peaceful and beautiful places to live, but they are a little bit isolated from city life.

1) Lefkosa

Lefkosa is the capital of Northern Cyprus where the green line border crossings at Metehan and Leda Palace easily accessible from North to South.  Many of the top retail outlets such as Ikea, Starbucks, and M&S, for example have their flagship stores in Lefkosa, and the city is also home to various manufacturing and commercial businesses. In Lefkosa, you can find outdoor markets and bazaars, as well as handcrafted goods and art galleries.

Arguably Lefkosa especially in its outer districts are a bit cheaper too than living in a coastal town where tourist prices can have an effect on some products. Properties are cheaper to buy or rent and investment returns tend to bit lower than Famagusta or Kyrenia.

  • Lefkoşa offers a range of property options, including apartments and houses. Apartment prices typically start around $70,000 and can go up to $200,000 or more. Houses and villas may range from $150,000 to $500,000, depending on factors such as size, location, and amenities.

2) Kyrenia

Kyrenia and its districts are extremely popular with expats living here. It’s definitely a hotspot with many restaurants, bars, and supermarkets specifically catering to the expat and tourist trade. Real estate values are particularly high in this area due to its impressive coastline, tourist attractions, spas, casinos, nightlife, and luxurious hotels.

Kyrenia offers both a new and Old Harbor, providing boat excursions and party hire options. There are plenty of activities to enjoy, including horse riding, jeep safaris, paragliding, and water sports such as jet ski hire, parasailing, and scuba diving.

The Old Harbor Port of Kyrenia is the first on any tourist itinary.
The Old Harbor Port of Kyrenia is the first on any tourist itinary.

In Lapta and Alsancak, which are two districts of Kyrenia, you can find sports venues such as archery and ten-pin bowling. In every district, there are cinemas and theatrical and classical music shows held at various amphitheaters, some dating back to Roman times.

Up in the mountains, you’ll find the beautiful and picturesque village of Karmi. It offers stunning views of the sea and a cool breeze. Karmi has a large British expat population, with its cafes and bars, and it even features an old-fashioned pillar box from the days of the British Empire. The property prices in Kyrenia can vary depending on the location, property type, and size. On average, apartments can range from $70,000 to $200,000, while villas and townhouses can range from $150,000 to $500,000 or more.

In Alsancak, you can find a mix of properties, including apartments and villas. Here is an overview of the price ranges:

  • Apartment prices in Alsancak typically range from $60,000 to $150,000.
  • Villas in Alsancak may range from $150,000 to $400,000 or more, depending on factors such as size, proximity to the coast, amenities, and other features.

In Lapta, property prices can vary based on factors such as proximity to the beach and the size of the property. Here’s an overview of the price ranges:

  • Apartments in Lapta can range from $50,000 to $150,000.
  • Villas and bungalows in Lapta may range from $100,000 to $300,000 or more.

In Esentepe, you can find a variety of properties, including villas and apartments. Here’s an overview of the price ranges:

  • Apartment prices in Esentepe generally start from around $60,000 and can go up to $150,000 or more, depending on factors such as location, size, and amenities.
  • Villas in Esentepe, particularly those with sea views and larger plots of land, typically range from $150,000 to $400,000 or higher. The price can vary based on factors such as the size of the villa, its location, proximity to the sea, and additional features or amenities.

3) Famagusta

Famagusta is known for having some of the most spectacular natural beaches anywhere on the island of Cyprus. These beaches have golden sand, although some areas have been touched by bulldozers and construction. The Iskele and Karpaz regions of Famagusta are rich in wildlife, attracting birds migrating from Africa, Eastern Europe, and the Middle East as they rest here on their way westward and back. Marine turtles and wild donkeys contribute to Famagusta’s untouched natural beauty, providing opportunities for exploration.

In addition to its natural wonders, Famagusta boasts numerous historic sites that date back centuries, showcasing the rich history of Cypriot civilization. The relatively close coastline, with the shortest radius point being 153 kilometers, to Jordan, Israel, and Iran, making it popular with tourists looking for a weekend break. The real estate market in Famagusta offers good house prices, and there are growing investment opportunities in the realty sector.

  • Property prices in Famagusta are relatively affordable compared to some other areas. Apartments can range from $50,000 to $150,000, while villas and houses may range from $100,000 to $400,000 or higher, depending on the size and location.

Iskele is indeed a popular tourist destination known for its kind and enthusiastic people who actively participate in cultural and artistic events. One of the highlights in Iskele is the municipal park, where both locals and visitors gather till the early hours of the morning, enjoying live music and sharing nostalgic memories of North Cyprus. The price range for villas in Iskele is typically higher compared to apartments. Prices for villas can start from around $100,000 and go up to several hundred thousand dollars, depending on factors such as size, location, view, and features.

Other Areas

Property price ranges in Guzelyurt, Lefke, and Karpaz like the apartment typically range from $60,000 to $150,000, while villas and houses can range from $100,000 to $300,000 or higher, depending on size, location, and amenities. Please note that the information provided above is based on general knowledge and may not reflect the current market conditions.

Property prices can indeed vary based on various factors, and consulting with local real estate agents or property experts, such as Senilk Real Estate Consultancy, is always advisable to obtain accurate and up-to-date information from them regarding property prices in North Cyprus.

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