Why do people rent accommodation in Northern Cyprus?

✔ the longest holiday season in Europe – 8 months;
✔ healing Mediterranean climate;
✔ the finest, clean sandy beaches;
✔ affordable food and service costs;
✔ a well-developed infrastructure;
✔ rich architecture and unique flora and fauna.

The property is rented quite well all year round.

Types of rent:
✔ long-term;
✔ short-term;
✔ guaranteed

Long-term rent is well-developed in cities and suburban towns. Property in the cities of Nicosia, Famagusta, Kyrenia is rented out best. A big flow of tourists and students will ensure the rental income of 6-7% per year on average.

*FYI. More than 100,000 foreign students study in Northern Cyprus universities annually (which is 28% of the Northern Cyprus population).

Short-term rent is popular in resort areas of Northern Cyprus, especially on the east coast with its well-developed infrastructure and sandy beaches.

In high season (May-October), rental property owners can earn 10-14%. A short-term rent is calculated per one day and is the most popular type of rent in Cyprus.

Many property developers in Northern Cyprus provide this rental option to those who want to avoid the hassle of addressing any rent-related issues.

The company looks for tenants and takes care of the property maintenance. The income from guaranteed rent varies from 6% to 8% per annum.

This rental option is great for those who want to avoid the hassle of addressing any rent-related issues (property maintenance, looking for tenants, rent collection, etc.). You just surrender your apartment to the management of the company.

Our company also specializes in guaranteed property management. If you buy real estate with us, we will take care of arranging the income-generating management of your property. You can get more detailed information at the consultation.