Forbes' Top Pick: Northern Cyprus for Investment
Northern Cyprus, highlighted by Forbes Magazine as one of the top spots for beachfront property in 2021, 2022, 2023, and 2024, offers a unique Mediterranean experience at affordable prices. This recognition by Forbes emphasizes Northern Cyprus as an ideal investment location, combining safety, hospitality, and attractive rental opportunities. Read more in the Forbes Magazine article.
Cyprus, particularly affordable within the EU, offers more value for money in the Turkish lira-dominated northern part. Kyrenia, the main port and resort area, is home to a significant expat community, rich history, and superior healthcare in a safe and friendly environment.
Here, beachfront properties start at $70,000, with two-bedroom apartments renting from $500 monthly. A couple's utility bills average $30 per month, and dining out with wine costs about $50. A comfortable lifestyle here can be maintained on a $1,800 monthly budget.
Greek and Turkish are the official languages, but English is widely spoken, facilitating easy integration and business dealings.
Beachfront Projects in Northern Cyprus With Affordable Prices
Located in Tatlisu, Northern Cyprus, Hawaii Homes offers a serene beachfront living experience. These apartments, just 50 meters from the beach, provide breathtaking views of both the sea and the surrounding mountains. The project, currently under construction, is set to be delivered by December 2025. The starting living space for the smallest unit is around 43 m², and the complex offers several types of units. Each apartment includes a bed/living room, a bathroom, and an open kitchen with preinstalled appliances. The private balcony offers a refreshing outdoor space, and the complex includes amenities like a pool, fitness room, tennis court, and a Turkish bath, ensuring a comfortable and luxurious lifestyle.
Habitat is a premier high-end real estate development in Tatlisu, Northern Cyprus. This project, under construction and expected to be completed by 2027, is located just 200 meters from the sea. Offering stunning sea and mountain views, the starting living space for the smallest unit is approximately 49 m², and the development offers various unit types. Each apartment includes a bed/living room with an en-suite bathroom. The development is equipped with modern amenities such as air conditioning, internet, and a community garden. Residents can enjoy facilities like a pool, fitness room, tennis court, and a Turkish bath. The nearest airport is about 15 km away, adding to the convenience of this location.
Coastal Heaven in Gaziveren, Northern Cyprus, is a beachfront real estate project that stands just 30 meters from the beach. Scheduled for completion in October 2026, this development offers apartments with stunning views of the sea and mountains. The starting living space for the smallest unit is 34 m², with several unit types available. Each unit includes a bed/living room, a bathroom, and a private balcony. The complex boasts a range of amenities, including a pool, fitness room, sauna, Turkish bath, and a community garden. The property is also equipped with a 24/7 security service and surveillance system. The city center is 20 km away, and the nearest airport is approximately 45 km from the development.