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Discover Northern Cyprus in Germany: an introduction to the island

Friday, February 16, 2024

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Germany

When the mountain won’t come to the prophet, the prophet goes to the mountain: This age-old saying encapsulates the proactive approach taken by two leading property developers in Northern Cyprus. The AKOL GROUP OF COMPANIES and the NOYANLAR GROUP OF COMPANIES have organized a delegation led by Alexander Abraham to showcase the island and its investment prospects in Germany.

Dubbed the “Pearl of the Mediterranean” by enthusiasts, Northern Cyprus will be showcased at three prestigious events in the exclusive Schlossgarten Münster. Attendees will not only discover the allure of this region but also learn why investing in Northern Cyprus is a lucrative opportunity. Recently, in November 2023, FORBES magazine recognized Northern Cyprus as the prime destination for property investments, affirming a trend observed by residents for years.

Once regarded as an insider’s haven for nature enthusiasts and expatriates, Northern Cyprus has evolved into a prominent trend. Its distinctive landscape, top-notch infrastructure, and notably lower prices compared to the southern part, separated only by a verdant border, make it an attractive investment hub.

Beyond remarkable property value appreciation, both long-term and short-term rentals yield returns often surpassing double digits, outperforming traditional bank investments.

The anticipated boom in Northern Cyprus resembles the growth witnessed in Mallorca or Ibiza in the late 1980s, with potential to exceed those rates significantly. With a newly expanded airport capable of hosting over 10 million passengers annually, currently operating at less than 30% capacity, modern highways connecting cities, and burgeoning hotel chains, Northern Cyprus is poised to become the “Las Vegas of the Mediterranean,” promising substantial growth surpassing other vacation spots.

However, Northern Cyprus isn’t solely attracting tourists and investors. It has become a preferred destination for European expatriates, drawn by its mild climate, excellent healthcare, lower cost of living, and high security.

Recognizing this trend, the AKOL GROUP OF COMPANIES and the NOYANLAR GROUP OF COMPANIES offer tailored projects setting new industry standards. From customized payment plans to top-tier furnishings and inclusive services, buyers receive comprehensive support in their language, ensuring a seamless experience.

The German team within these companies caters specifically to German clientele, offering support before and after purchase, easing the transition into their new homes.

These companies will be hosting gala events in Germany, providing insights into Northern Cyprus and their projects. While two events are invitation-only, one offers free registration, providing an opportunity to learn more about Northern Cyprus. Due to limited availability, early registration is advised, with participation being free of charge.

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