Projects of North Cyprus

Projects of North Cyprus

There is no independent register or index values for property and land in North Cyprus. However, certain things can be stated about property and land values. “North Cyprus land remains at good value compared to other Mediterranean counties and also South Cyprus.” Values have been increasing consistently for many years. “Land and property prices vary from one location to another.” Prices vary according to the type of title deed that applies. “It is the value of the land that drives property prices and represents good value for many. It must be remembered that the quality and the extent of new villa and property specifications vary substantially. Two villas may be very similar in terms of size and location but, may be very different in terms of construction quality, materials used and extras included. It is important to keep in mind that the cheapest construction may not be the best value.

Encouragement of foreign investment is among the primary objectives of the Northern Cyprus’ development policy. Consequently, those wishing to invest in Northern Cyprus can be sure of a positive Government attitude.
In accordance with its development policy, Northern Cyprus is giving preferential treatment to export-oriented industries. Due to its small domestic market, the TRNC authorities focus on export of goods and services. Priority is given to those projects that facilitate transfer of modern technology, know-how, new management techniques into the TRNC and that provide highest value added. However, it should be mentioned that every project proposed by an investor will be considered on its own merits.

Gallery Of Projects

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