In Northern Cyprus a report on prices in November has been compiled

In Northern Cyprus, the results for November regarding prices for various product categories have been summarized. According to the statistics institute of TRNC, prices in November increased slightly more than 4% compared to October.

The highest year-on-year price increase is noted in contact lenses — more than 61%, as well as in cameras and furniture. The services of providers have become more expensive, on average, by 13%. However, prices for vegetables, particularly zucchinis and eggplants, have significantly decreased. Regarding real estate, prices are also on the rise — property in Northern Cyprus is in demand, actively purchased by both locals and foreigners.

For your convenience in the northern part of the Cyprus island, the RestProperty agency has a representative office. Feel free to contact us for real estate purchases, and we will find the best option for you.

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