It is no secret that coastal properties in North Cyprus are highly appealing to buyers and investors. Picking the right area and a trustworthy developer guarantees great amenities, well-developed infrastructure, and perfect conditions for living and relaxing. The high investment potential also explains why there’s a strong demand for seaside homes in the region.
One challenge, however, is the limited availability of such properties. The gold standard in Northern Cyprus is residential complexes with self-sufficient infrastructure. Buyers of studios or apartments usually enjoy various amenities, including cafes, restaurants, swimming pools, shops, playgrounds, and parking. These features, often found within residential complexes, simplify daily living for residents.
Residential complexes typically offer a limited selection of housing options. You are likely to come across two or three variations in size and room count. If a complex you like doesn’t have the specific property type you need, you might have to look elsewhere. However, exceptions to this rule do exist. One of them is the Green Valley Homes residential complex in Tatlysu village, Kyrenia, Northern Cyprus.
Tatlisu: tranquil living with modern amenities
Tatlisu Village in Kyrenia is often regarded as the jewel of Northern Cyprus. Sitting behind mountains, it remains largely untouched by the hustle and bustle of city life. The village keeps its old traditions and way of living, with a close bond to nature and a calm, slow pace.
While Tatlisu may seem like a relic from the medieval Ottoman Empire, it has become a favored spot for foreigners who seek a serene yet comfortable lifestyle. This tranquility, however, does not come at the expense of modern amenities and infrastructure.
Tatlisu offers the best of both worlds. This appeals to those who appreciate rural charm and still enjoy urban conveniences. The village boasts excellent transportation links, well-maintained roads, numerous cafes and shops, high-speed Internet, and satellite TV. It combines the benefits of a modern metropolis with the tranquility of a secluded coastal village.
Green Valley Homes: perfect for investors and residents
In Northern Cyprus, seashore resort properties cater more to investors than to residents. As a result, many studios and apartments in these complexes are designed for short-term stays rather than permanent living. They offer great amenities for relaxation but often lack the features needed for a home, like fully equipped kitchens and ample storage space, which tourists do not usually require.
The studios, apartments, and penthouses at Green Valley Homes break this mold. They are designed to be equally suitable for permanent living and comfortable summer vacations. This makes Green Valley Homes an attractive option for both regular buyers and investors.
The Green Valley Homes Residential Complex offers a wide variety of properties across its different blocks. Here’s what you will find there:
- Block C: 2+1 corner apartments with gardens and 3+1 penthouse duplexes.
- Block D: 2+1 garden apartments, 2+1 corner garden apartments, and 3+1 penthouse duplexes.
- Block E: 1+1 garden apartments, 1+1 corner garden apartments, 1+1 penthouse duplexes, and 2+1 penthouse duplexes.
- Block F: garden studios, 1+1 garden apartments, and 1+1 penthouse duplexes.
The complex includes a separate block of commercial offices and fifteen standalone bungalows.
Comfort for buyers
The Green Valley Homes Residential Complex prioritizes the comfort of its buyers, with a variety of property types and sizes to suit individual preferences. A key feature is its flexible financing plan, which eliminates the need for immediate full payment or high-interest mortgages, thereby lowering the entry barrier for investors.
The Green Valley Homes Residential Complex offers various properties to meet different needs. Here, you will find garden apartments and studios, a variety of penthouses, and bungalows. Each property is designed for comfort and convenience.
Financial flexibility for investors
Investing in residential properties in Northern Cyprus comes with significant financial flexibility. Green Valley Homes allows buyers to choose properties that fit their budgets, with prices ranging from GBP 115.9 thousand to GBP 515.95 thousand. The developer aims to attract a broad audience of buyers and investors rather than focusing on an elite market.
Feel free to skip this section if you’re purchasing real estate in Northern Cyprus for personal use. However, another viable option is to rent out studios, apartments, penthouses, and bungalows. This way, you can safeguard your assets with minimal risk while retaining ownership.
Even in the least favorable scenario, the investment payback period is no more than 15.9 years. With a net annual rental income of 6.3%, the above return is significantly higher than the average bank deposit rate in the European Union. Besides, investing in Northern Cyprus real estate helps you avoid the risks associated with financial system instability. It is generally a safer option compared to bank deposits and other asset protection methods.
Maximize returns with Green Valley Homes rentals
Investment opportunities in the Green Valley Homes Residential Complex include renting out properties, with different scenarios based on the rental period:
- High Holiday Season Only (Conservative Approach): This period offers the highest daily rental rates but is limited to six months.
- Holiday Season Plus Shoulder Weeks (Moderate Approach): Extending beyond the high holiday season by three to four weeks before and after, this scenario capitalizes on the influx of tourists drawn to Northern Cyprus for its rich ancient culture, historical monuments, and excellent water recreation activities. The broader window reflects a realistic expectation of demand.
- Holiday Season Plus Mid-Season (Optimistic Approach): Northern Cyprus remains vibrant beyond the high season due to its growing business environment, attracting expats, digital nomads, and creative professionals in search of a more relaxed lifestyle away from bustling cities. This demographic values comfort and is willing to pay a premium, which is why it is a favorable rental scenario.
Discover Green Valley Homes with International Wealth
Investing in real estate in Northern Cyprus is a profitable and promising opportunity with a reasonable entry point. If you’re interested in buying studios, apartments, penthouses, or bungalows at the Green Valley Homes residential complex, we suggest booking a personal consultation with International Wealth experts. You are welcome to visit our website for more info!