Some factsFamagusta is a city on the east coast of Cyprus.
Famagusta is a city on the east coast of Cyprus. It is the capital of the Famagusta District of Northern Cyprus. It is located in a bay between Capes Greco and Eloea, east of Nicosia, and possesses the deepest harbour in the island.
During the medieval period (especially under the maritime republics of Genoa and Venice), Famagusta was the island’s most important port city, and a gateway to trade with the ports of the Levant, from where the Silk Road merchants carried their goods to Western Europe.
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To enter North Cyprus, you receive a visa on the spot at the airport or sea entry border, and there is no need to apply for a visa before entering.
Presenting an invitation from the construction company and carrying a cash amount indicates the ability to cover travel expenses in the amount of at least 2000 to 4000 dollars or pounds to start the property purchase process.
This country has a mild Mediterranean climate and approximately 300 sunny days throughout the year. The rate of crime and theft in this country is almost zero and it is among the top five safest countries in the world. If you are looking for security and peace and a life away from stress and anxiety and a safe environment for the growth and life of your children, you can consider North Cyprus as a very convenient and cheap option compared to European countries.
There are currently 19 prestigious universities and colleges in this country, and about 100,000 students from different countries study in these universities every year.
The cost of education in public schools is completely free and the language of instruction in them is Turkish and English. In private schools and colleges, the language of instruction is English and the annual cost will be around 2,500 to 5,000 pounds.
1. Investing in the real estate sector and then obtaining residence in North Cyprus is possible for Iranians and is a very special option among the countries that Iranians are interested in for immigration.
2. Much lower price of all types of property compared to developed and European countries.
3. The common currency for investment in Northern Cyprus is the British pound, which means a very low investment risk and high added value due to the constant increase in the rate of the pound against the Rial.
4. The possibility of buying the property in installments without interest from 1 to 5 years and having a guarantee of renting the purchased property to the buyer from some construction companies.
5. Get residence immediately after buying the property and only by paying 30% of the total amount of the property in a period of less than one month.
6. 8-16% annual growth of real estate prices in Northern Cyprus.
1. Visiting the projects (online or in person) (Be sure to fill out our free evaluation form to analyze your suitable property by checking your conditions and according to your goals.)
2. Closing the contract.
3. One month reservation of the desired property or payment of at least 30% of the total amount of the desired property.
Steps after purchase:
1. Obtaining a tax code.
2. Stamp cancellation fee at the tax office.
3. Registration of the contract in the North Cyprus Registry and Documents Office.
4. Transfer of the document to the North Cyprus Register and Documents Office or the notary offices of this country.
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