Iskele, North Cyprus:
Why It’s a Great Property Investment Opportunity
As a property investment advisor and consultant, we believe that North Cyprus is one of the most promising real estate markets in Europe. The town of Iskele particularly stands out as an attractive option for investors looking to grow their portfolios in 2023.
Here is the low-down of why Iskele is a prosperous property investment opportunity and how you can take advantage of it.
The Benefits of Investing in North Cyprus
North Cyprus is a relatively untapped market with significant potential for growth. The country’s property market is still in the early stages of development, which means that there are many opportunities for investors to enter the market at a relatively low cost.
Additionally, the government of North Cyprus implements policies and programs designed to attract foreign investment, including tax incentives and fast-track residency programs.
This makes North Cyprus a great choice for international investors looking to grow their portfolios and take advantage of the unique opportunities available in the country.
Why Iskele Stands Out
Iskele is a coastal town located on the eastern side of North Cyprus, offering amazing views of the Mediterranean Sea and the Karpaz Peninsula.
The town is known for its beautiful beaches, historic landmarks, and cultural heritage.
Iskele is also home to a range of amenities, including supermarkets, restaurants, and cafes, making it an ideal location for both vacationers and long-term residents.
Property Options and Prices
In terms of the property market, Iskele offers a range of options for investors. There are several new developments in the town, offering modern and spacious apartments and villas.
Additionally, there are several older properties available for renovation, providing investors with the opportunity to add value to their properties and increase their returns on investment.
Iskele’s property prices are still relatively affordable compared to other popular investment markets in Europe, which means that investors can secure properties at a lower value before prices increase further.
Proximity to Famagusta
Another advantage of investing in Iskele is its proximity to the city of Famagusta. Famagusta is one of the largest cities in North Cyprus and offers a range of employment and business opportunities.
This makes Iskele an attractive location for professionals and entrepreneurs looking for a place to call home.
Government Incentives for Foreign Investors
The government of North Cyprus has implemented several policies and programs designed to attract foreign investment, including tax incentives and fast-track residency programs. This makes İskele an attractive option for international investors looking to grow their portfolios and take advantage of the unique opportunities available in North Cyprus.
How to Take Advantage of the İskele Property Market
If you’re interested in investing in Iskele, there are several steps you can take to make the most of the investment opportunity:
Conduct thorough research
Before investing in any property market, it’s essential to conduct thorough research to understand the market dynamics, property prices, and potential returns on investment. You can use online resources and consult with local real estate agents to gather information about the İskele property market.
Work with a trusted real estate agent
Working with a trusted real estate agent can help you navigate the İskele property market and find the best investment opportunities. Look for agents with a strong reputation and experience working with foreign investors.