Tourism Investment in NORTH CYPRUS

The island of Cyprus is located in the east of the Mediterranean Sea.
The third largest island in the Mediterranean Sea with a population of over one million people, in the vicinity of countries such as Turkey, Greece and Egypt, has a wonderful position as the heart of the three continents of Europe, Asia and Africa.

Having a mild and humid Mediterranean climate, Cyprus is a favorite destination for tourists for vacations, with more than 300 sunny days and favorable heat and mountains in its heart, it enjoys Mediterranean moderation.

The high security of Cyprus along with the well-being of the people of this country can be a good reason for any family to immigrate to Cyprus, it is not without reason that Cyprus is included in the list of the five safest countries in the world.

Turkish lira is known as the common currency of this country, but buying and selling houses is done in British pounds, and dollars and euros are used along with these two currencies.

You do not need a visa to enter Cyprus as a tourist. To have more residence, it will be possible to buy a house or register a company or employment through student residence.

Yes, by buying a house, a couple with their children under 18 can get residence.

At the time of full settlement between the buyer and the seller, the house deed will be in the name of the buyer and is independent of nationality and political issues.

Certainly!!! LETOCO’s experts will be with you in all these stages and experienced lawyers will provide you with all the contracts and sales details.
The translated version of the contracts in Farsi will be provided to you so that you can buy your house with full knowledge of each clause of the contract.

To obtain a residence permit, it will be necessary to be accompanied by a person who is familiar with the procedures and knows the Turkish language, this service is provided by Sky Cyprus for free.

why not! In many projects, by paying 25-50% of the total price of the house, you will be able to pay the remaining amount in installments of 36 to 120 months. Bank interest will vary between 0 and 9% according to the type of project and the duration of the installments.

According to the type of project and facilities, between 5 and 15 percent house price growth is possible and there is a possibility of guaranteed rent in many projects.