Top 3 Places to Invest in North Cyprus (2025 Edition)

  • Author : Marviel
  • Date : July 4, 2025
  • Time : 5 mins

Discover where smart investors are buying - and why.

"North Cyprus is becoming a hotspot for property investment. Buyers from Europe, the Middle East, and more are drawn here. It has a stunning coastline, a good tax environment, and affordable property prices. "

In this blog, we look at the top 3 places to invest in North Cyprus in 2025. We consider growth potential, rental demand, infrastructure, and lifestyle value.

1. Iskele – The Fastest Growing Investment Hotspot

Why invest in Iskele?

Iskele, also known as Trikomo, has changed from a quiet town to a top real estate spot in North Cyprus.

Key Highlights:

  • Rapid development: New beachfront projects, luxury homes, and resorts.
  • High rental demand: It's a hit with holidaymakers and expats.
  • Affordable prices: It's cheaper than Kyrenia or Famagusta.
  • EU interest: Buyers from Germany, Sweden, and Eastern Europe are keen.

Types of properties:

  • Studio and 1-bedroom holiday apartments near Long Beach.
  • Beachfront developments with amenities and rental management.

Investment Tip:

Look for projects with guarantees, rental schemes, and beachfront locations (within 500 meters).

2. Kyrenia (Girne) – The Lifestyle & Luxury Capital

Why invest in Kyrenia?

Kyrenia is the heart of North Cyprus's tourism and luxury living. It blends modern city life with Mediterranean charm.

Key Highlights:

  • Established expat community: British, Russian, German and Turkish residents.
  • Strong resale & rental market: Especially in the city center and near universities.
  • Tourism capital: Famous for Kyrenia Harbour, Bellapais Abbey, and nightlife.
Higher property value retention compared to newer regions.

Types of properties:

  • Modern apartments in the city center or Bellapais Hills.
  • Seaview villas and boutique developments in Ozanköy and Alsancak.

Investment Tip:

Target properties near the harbor or universities for rental potential.

3. Famagusta – Student Rentals & High ROI

Why invest in Famagusta?

Famagusta is a vibrant city fueled by Eastern Mediterranean University and a growing young population.

Key Highlights:

  • High student population: Over 20,000 international students.
  • Affordable investment units: Studio apartments with strong monthly returns.
  • Cultural value: Venetian city walls, old town, and Salamis ruins.
Year-round rental income thanks to student demand.

Types of properties:

  • Studio or 1-bedroom units near EMU campus.
  • New-build apartment blocks with modern facilities.

Investment Tip:

Famagusta is ideal for investors seeking cash flow over capital growth.

Final Thoughts

North Cyprus has something for everyone. Whether you're after rental income, property value growth, or a Mediterranean lifestyle. The areas of Iskele, Kyrenia, and Famagusta are particularly attractive to investors.Looking for the perfect property?
Contact us today for a free consultation!