Flats for Sale in Gazimağusa, North Cyprus | Apartments in Gazimağusa
Antalya Homes ® offers apartments for sale in Gazimagusa North Cyprus in a wide range of options. Contact us today to find your dream home in our Gazimagusa apartments for sale portfolios.
Cyprus is the third largest island in the Mediterranean Sea, on the Anatolian Peninsula's south side. Cyprus has a multicolored culture, being a classical Mediterranean island. The climate is hot and dry in the summers, and the winters are continuously mild and rainy. Today approximately 900.000 people live in Cyprus. The island population includes Greeks and Turks as a multicultural society. The population is higher, especially in summer, with come from all over the world.
Cyprus is a popular tourist destination in the region with beautiful beaches and quality complexes. The tourism sector in Cyprus offers services depending on a wide variety of expectations and needs. For example, if you need to rest on sandy beaches, you have countless options for relaxing places that suit your budget. But if you are interested in a cultural visit, there are many ruins. Mainly listing Bellpais Abbey, Girne Castle, and Varosha should be seen.
There is a known truth that many tourists decide to settle on the island after the first visit. Several reasons, like unique nature, tranquility, and cheap living costs, are behind the decision. Life in Cyprus meets the expectations for a quality life. Hospitals, schools at different levels, universities, and countless social amenities are within the border. Cyprus is also one of Europe's safest regions, with quite the low crime rate. In this way, it is a good place to raise a child.
Real Estate Market in Gazimağusa North Cyprus
Gazimağusa is at central location on the border of Girne (Kyrenia), Lefkoşa (Nicosia) and Iskele (Trikamo). This location offers easy access to charming destinations in the other parts of the island. The other significant feature is the population. Gazimağusa is less crowded compared to famous cities. In this way, it is a place where you find calmness and peace.
In recent years, Gazimağusa is noticed a growing real estate market. The city is advantageous in terms of both settlement and investment. According to needs and expectations you can find all types of property in North Cyprus Gazimagusa.
If you are interested in a detached lifestyle, you can check out villas for sale in Gazimagusa North Cyprus. Although most offer beautiful sea views, these villas are advantageous in terms of investment. For example, it can be used in Airbnb during the busy summer.
When it comes to investment, another advantageous property type is undoubtedly land. As a developing region, land prices have been increasing. Thus, the plots in Gazimagusa for sale are an excellent long-term investment.
The different property type of profitable investment is commercial properties. These kinds of properties are turning into a regular income, especially in the university regions and tourism points. Therefore, if you are interested in steady income with investment, this is a good option for commercial property in Gazimağusa.
The last property type is apartment. The apartments are the prevalent type in Gazimağusa. You can find an apartment with a 5-star concept hotel or a unique sea view according to your needs and expectations.
In North Cyprus, the apartments pay their value with a rental yield average of 10-15 years. This duration has been an average of 20-25 years in other Mediterranean countries. In this way, the flats in Gazimağusa North Cyprus seem profitable opportunities in the real estate market.
On the other way, these apartments can be used for various concepts. For example, renting to university students or tourists. Especially the Tatlisu region is highly suitable for summer homes.