1 $ 1.5253 YTL
1 € 2.0827 YTL
Mortgages
Northern Cyprus has for many years been a cash buyer’s island where only those with a sizeable disposable lump sum have been able to secure their dream Mediterranean property. They have achieved this by selling property, releasing equity from an existing property or benefited from windfalls. While this may once have been the case, nowadays thanks to the development and maturity of the property market in North Cyprus there are banks and developers lining up to assist financially with property purchase here in Northern Cyprus.
Nokta Estates and Construction are very flexible with our payment plans and aim to find a suitable payment schedule to suit each of our client’s requirements. If you are looking to buy your dream property in North Cyprus and you’d like to learn more about the financial options you have please contact our team at: info@noktaestates.com.
North Cyprus Property Finance
Developers quickly caught on to the fact that lack of finance was restricting the property market potential in Northern Cyprus and some of the more astute and able among them now offer a range of finance options and opportunities for their customers.
Installment Payments
Is an option for those buying a property in North Cyprus off plan. Buying off plan offers the purchaser many advantages, not least of which are two significant financial benefits: Firstly, if you decide to buy today you secure your property at today’s prices yet don’t move into it until it’s completed in 1 - 2 years, at which point its market value may well have significantly increased. This gives you an immediate return on your investment. The second financial benefit that buying off plan affords you is the ability to stagger your payments over the duration of the build process. You therefore effectively benefit from an interest free finance period of between 1 and 2 years.
For more information on Mortgages and Property Finance offered in North Cyprus please contact us info@noktaestates.com