For the first time in many years, a full-fledged secondary market has formed in 2025, opening new opportunities for investors.

What's Happening in the Market:
Many properties purchased in installments from 2020 to 2022 are now completed. Investors are actively putting them up for sale, creating competition for developers.

Price Advantages of Secondary Properties:
Ready-to-move-in real estate is often cheaper than new builds. Paradoxically, a studio by the sea can be bought from £59,000, and a 1+1 apartment from £66,000, which is lower than prices for similar new developments.

Negotiation Opportunities:
Unlike developers with fixed prices, private sellers are open to negotiations. The key is to justify your offer well.

No Waiting:
You buy a ready property with furniture and often appliances. You can move in immediately, rent it out, or use it for vacation. There are no risks of delays or project changes.

Buyer's Market:
Supply is growing faster than demand. Sellers must be flexible, offer bonuses, and include furniture and appliances in the price. Buyers are currently dictating the terms of deals.

What to Pay Attention To:
Check documents more carefully than when purchasing from developers. Ensure that the title or the ability to transfer it to the buyer's name is correctly registered to the seller. It’s better to work with reliable agents who can verify legal clarity.

Best Locations:
The most interesting properties are in Iskele, Kyrenia, and the Long Beach area. Apartments in complexes with developed infrastructure: pools, fitness centers, security, and management companies.

Investment Potential:
By purchasing at current secondary market prices, you acquire properties with proven liquidity and rental potential. When the market stabilizes, these assets will show good growth.

Timing Matters:
This market situation won't last forever. The next 6-12 months may be the last window of opportunity.