Despite its international isolation, North Cyprus has been showing steady growth since 1977; today, it is considered one of the best returning markets in the Mediterranean, with significant international investment in land and development from Turkey, the Middle East, and Europe.

North Cyprus’ free market economy, along with its British business and legal practices, make it an ideal place for foreign investors who want to place their money in an up-and-coming market that is familiar to them on several levels. The government of North Cyprus has recognized the importance of attracting foreign interest and investment. As a result, they have been pushing the development of its tourist sector and investing heavily in improving the country’s infrastructure. They have also begun developing resort towns similar to those found on the south side of the island.

Now that the United Nations has pledged to reconcile both sides of the island, the European Union has committed €259 million in aid to attract direct foreign investment. Investing in North Cyprus is one of the best ways to ensure high rates of return. The island’s low cost of living relative to EU countries, its booming property market, and growing tourist towns all point to a solid place to invest in the short, medium, and long term. With its unspoiled beauty and exceptional location, investors can truly enjoy watching their money grow.

Whether you are looking to invest in a small number of units or a major project, we can guarantee you the best independent advice to ensure you get the best capital returns from your investment in Northern Cyprus.

Opportunities for investing include:

• Buying land – Carrington has extensive local knowledge and is aware of all the best plots of land for sale.
• Buying property – Carrington sites have all sold upon initial release, and many resales have earned an average profit of 30%.
• Buying for the rental market – There are many opportunities in both the holiday rental market and long-term rentals. North Cyprus has 11 universities, with most students coming from abroad and needing accommodation. Most student rentals are long-term and paid in advance.
• Larger projects – Opportunities for large-scale developments such as hotels, resorts, and retirement homes are abundant. Carrington is well-placed to consult on such projects and can also engage in joint ventures.
• Cash Investment – We can advise on the best available options for cash investments. While interest rates are good, there are many other opportunities for capital growth. Our deep understanding of local investment opportunities helps us find the best options for our clients.

Joint Ventures and Investments with Carrington

A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. Joint ventures are an excellent way of expanding business influence and creating a more powerful market presence.

Carrington offers numerous investment ideas and opportunities. Our company has vast experience in the property market of North Cyprus and knows exactly what works and, more importantly, what doesn’t.

Carrington is a well-established company with a proven track record for quality, honesty, reliability, and above all, success. Our reputation is exemplary, making us an ideal partner for investment in North Cyprus.