Frequently Asked Questions about North Cyprus
Where is North Cyprus ?
Cyprus is situated in the eastern Mediterranean Sea, between the continents of Asia, Europe, and Africa. This beautiful island is bordered by Turkey to the north, Syria to the east, and Egypt to the south, with a significant maritime distance bordering Greece to the west.
Where is the capital of North Cyprus located?
The capital of North Cyprus is Lefkoşa (Nicosia). In total, there are 6 major cities designated as provincial centers, namely: Kyrenia, Famagusta, Güzelyurt, İskele, and Lefke.
Is a visa required to enter North Cyprus?
No, you just need to purchase your round-trip ticket and send it to us. The Misagh Homes team will send you an invitation letter, and you will be our guest on this beautiful island. Also, make sure to have enough funds to cover your stay on the island as the airport police may inquire about it.
What currency is used in North Cyprus?
In North Cyprus, living expenses are in Turkish Lira, while capital goods such as real estate are in British pounds.
Before entering Northern Cyprus, how can I become familiar with the conditions in North Cyprus?
- After contacting our consultants, the environmental conditions and lifestyle in Cyprus are briefly explained.
- Investment opportunities and successful projects are introduced.
- The profit margin and relative growth of each investment are examined.
- Sending invitations for your presence and visits to each of the projects.
What is the cost of living in North Cyprus?
The cost of living will vary depending on the lifestyle. On average, for a family of four living under normal conditions, excluding housing expenses, it will be around 24,000 lira
What is the language of the people of Northern Cyprus?
The language of the people of Northern Cyprus is Turkish, and due to the island’s tourist nature, most individuals also speak English.
What are the driving conditions like in Cyprus?
Since Cyprus was a British colony, driving is in the English style, with the steering wheel on the right side.
Can I drive in North Cyprus with a European license?
Certainly, you can drive in Northern Cyprus with a European driving license.
What services do you offer upon arrival in North Cyprus?
- Free airport transfer
- 4-day complimentary stay at top-rated accommodations with excellent recreational facilities.
- Leisure tours and city sightseeing excursions.
- Specialized consultation on investment opportunities
- Assistance with all stages of property purchase and obtaining residency.
- Consultation on obtaining bank loans
- Accompanying you and your children for registration in public and private schools.
- Consultation on purchasing a car.
- Consultation on purchasing household items
Is it possible to obtain citizenship through property investment in North Cyprus?
No, purchasing property does not grant you a passport; rather, buying property in North Cyprus allows you to obtain residency. You can acquire more detailed information by reading about the advantages of purchasing property in Northern Cyprus.
When will the property deed be delivered?
After the completion of the project and full payment of the property, the deed will be delivered.
Is reselling a purchased property in Northern Cyprus difficult?
No, with proper consultation and purchasing from suitable projects, your property can be easily sold with added value.
Payment Terms for Property in North Cyprus
Fortunately, there are various payment methods available depending on the type of property and the developer company.
Payment Methods:
- In cash: Typically, the developer takes into account significant discounts or includes some household items for you: Furniture and kitchen appliances are given to you as a gift.
- Installment payment: Typically, installment plans ranging from one to six years without interest are available, considering the developer company.
- Obtaining a bank loan.
Are there installment options available for purchasing property in Cyprus?
Yes, the possibility of purchasing from projects in Northern Cyprus on long-term installment plans without interest is available, but depending on the specific project chosen, these conditions may vary.
Is it possible to rent out a purchased unit in North Cyprus?
Yes, with the increasing number of immigrants and tourists, the possibility of renting out a unit on both short-term and long-term basis exists.
What are the differences between purchasing property in Turkey and North Cyprus?
Acquiring ownership of land and property rights for the purchased property.
The buying and selling of property in Northern Cyprus is conducted in British pounds.
Exceptionally high security and very low crime rates.
In North Cyprus, inheritance laws apply to property ownership.
The annual growth of investment value in the real estate sector is calculated in British pounds.
What is the quality of higher education like in Northern Cyprus?
The higher education sector currently accounts for the largest share in the economy of Northern Cyprus, with approximately 16 universities and nearly 95,000 students (as of 2016). In addition, construction is underway for 5 more universities, and the government has issued 11 licenses for additional university investments. Over the past 13 years, the number of students has increased by 375%, rising from 24,000 to 90,000 individuals. Estimates suggest that this number will reach 150,000 within 8 years. The annual contribution of each student to the local economy is estimated at approximately $17,000.
What are the conditions for studying in North Cyprus?
For admission to these universities, the educational background of the applicant is reviewed, and apart from the English language proficiency test, there is no need for an entrance exam.
Are universities in Northern Cyprus reputable for education?
Yes, for example, Eastern Mediterranean University in Famagusta holds a ranking of 501 in the world.
Can I pay my taxes and insurance?
We understand that buying, selling, or renting property can be a complex and challenging process. For this reason, we are committed to simplifying the process and providing support to our customers for informed decision-making. With a focus on integrity, professionalism, and excellence, we are here to assist our clients in navigating the ever-evolving landscape of real estate and achieving their goals.
The climate of North Cyprus is...
Cyprus enjoys one of the healthiest and best climates among Mediterranean regions, with warm and relatively dry summers and mild, rainy Mediterranean winters. North Cyprus enjoys pleasant weather for leisure and recreation on the Mediterranean coast on most days of the year.
What is the level of safety in North Cyprus?
North Cyprus is referred to as the fifth safest country in the world.
Units of measurement
In Northern Cyprus, units of measurement such as decar, evlek, and square feet (ft2) are used in land buying and selling.
Donum = 4 Evlek = 14,400 ay2 = 1,338 m2
1 Evlek = 3600 ay2 = 334.5 m2
1 m2 = 10.76 ay2
1 foot – 30.48 centimeters.
،Telecommunications in North Cyprus
The international dialing code is (90+). There are two GSM companies: Kuzey Kıbrıs Turkcell و Telsim Vodafone.
Economy of Northern Cyprus
Northern Cyprus is an attractive market for both domestic and foreign investors, experiencing steady growth and maintaining a consistent and stable growth rate in recent years. Nowadays, it is acknowledged as one of the prime markets with excellent investment return rates in the Mediterranean region. Various factors such as continuous and rapid growth in the tourism and education sectors, both domestic and foreign investments, particularly in the real estate sector, have led to a per capita GDP of $15,000 (since 2017).” The economy of Northern Cyprus, with its growing economy, increasing tourism, thriving higher education sector, and foreign investors, has created a promising, stable, and secure investment environment.
The flight duration to Cyprus
Currently, most flights are not direct. You will have a layover in Turkey first, and then fly to Northern Cyprus. The time between the two flights varies, with the shortest time being about 5.5 hours. Moreover, direct flights from Tehran to Ercan (Lefkosa) are available, with a flight duration of approximately 3 hours.
Cities of North Cyprus
- North Nicosia (Lefkoşa in Turkish): Capital of North Cyprus
- Gazimağusa or Famagusta
- Kyrenia (Girne)
- Guzelyurt (Güzelyurt)
- Iskele
- Lefka (Lefke)
The minimum purchase price for a car in Cyprus is around...
The minimum purchase price for a car in Cyprus depends on your preference in purchasing a car.
It could be said that you can purchase a car for around £2000. However, due to the high age and worn-out condition of the vehicle, we do not recommend it. Keep in mind that the humid weather conditions on the island accelerate wear and tear.
To ensure you can drive more confidently and worry less about car repairs, our recommendation is to purchase a vehicle with a newer model, which you can acquire for approximately £8000.