Northern Cyprus in 2025: A Hidden Giant of the Real Estate Market or a Risky Investment?

Northern Cyprus (TRNC) in 2025 has become the center of attention for international investors.
It’s being called the “new Dubai,” compared to Bulgaria 15 years ago, and discussed as the “last chance” to enter the cheap real estate market in Europe. But is everything really so promising? Let’s take a closer look: is it worth investing in Northern Cyprus real estate now — or is it too risky?

1. Why is everyone talking about Northern Cyprus?

✅ 1.1. Prices are 2–3 times lower than in Southern Cyprus
Northern Cyprus currently offers some of the most affordable real estate prices in the Mediterranean:

• Average price in the North: from €1,500 per m²

• Seaside apartments: from €100,000

• In comparison, in the South (EU): from €3,500 per m², seaside – from €350,000

Growth potential: If the island reunifies in the coming years, analysts predict a price increase of 50–150% — simply due to alignment with Southern Cyprus prices.

✅ 1.2. Residence permit with no minimum purchase amount
Unlike Turkey, where you need to invest at least $200,000 to obtain a residence permit, in Northern Cyprus:

• There is no minimum investment required to obtain residency. You can buy a studio for as little as €50,000.

• The procedure is fast and straightforward, especially with legal support.

• After 5 years of living, you can apply for permanent residence.

A residence permit allows you to live year-round, open a bank account, run a business, and enroll children in schools and universities.

✅ 1.3. Potential EU reunification
Negotiations on reunifying the island between the North and South intensified in 2024–2025:

• The EU, UN, and the USA are actively involved in the dialogue.

• If an agreement is reached, Northern property could:

  • Skyrocket in value

  • Gain European legal protections

  • Open a path to EU citizenship through investment

✅ 1.4. Gas projects and international recognition
In 2024, the US and Turkey announced cooperation on gas exploration in the Eastern Mediterranean. Northern Cyprus became:

• A potential site for gas extraction and transportation

• A key player in geopolitical projects, strengthening its international status

• A possible “new entry point” for investments in the region

All of this could lead to partial or even full recognition of the TRNC, significantly boosting investment appeal.

✅ 1.5. International education and quality of life
Northern Cyprus is not just about investment — it’s also about living:

• 27 universities, including British and American branches

• Tuition fees: €7,000–10,000 per year

• Diplomas are recognized in the EU, USA, Turkey, Russia

• Safe environment, warm climate, and welcoming attitude toward foreigners

• Well-developed infrastructure in resort towns: beaches, cafes, hotels, hospitals

2. Overview of key areas for buying real estate

3. Comparison: Northern vs Southern Cyprus in 2025

4. What should you do right now?

If you are considering buying real estate:

1. Choose your area:

   • Kyrenia – for holidays and short-term rental

   • Famagusta – for student rentals

   • Nicosia – for business and long-term rental

   • Guzelyurt – for strategic investment at low prices

2. Check the developer:

   • Request TAPU (ownership documents), licenses, and reviews

   • It’s better to choose projects with government guarantees or already completed properties

3. Buy before potential price hikes:

   • Ongoing reunification talks, new laws, and projects could rapidly change the market

   • Now is the “low entry point” moment

Want to find reliable real estate in Northern Cyprus?

Our experts will help you choose the right area, verify documents, and guide you through the entire process — from the first call to receiving the keys.