|
|
Search our Properties:
Min Price:
Max Price:
Min Bedrooms:
Max Bedrooms:
Property Style:
Deeds Type:
Town:
_____________________
Order your results by:
_____________________
|
| |
|
|
|
Cyprian Investment |
Making an
investment today for your future can be an uncertain
prospect with fluctuating markets and pensions yielding
little or nothing in return. People are now starting
to look further a field and turning to foreign property.
To maximise your return, developing markets with
accession rights into the EU offer a very attractive
proposal. In Northern Cyprus prices are still very
low compared to the South of the island and as the
North is less developed it offers huge potential
for re-sale to the European market (which keep prices
high).
|
 |
There
are still areas with massive growth potential
and North Cyprus Estates can provide you with the opportunity
to make a sound investment in the North Cyprus
Property Market.
We, as one of the leading North
Cyprus Estate Agent with offices both in the UK
and Northern Cyprus can maximise your return by
offering 'off-plan' properties which offer the
maximum return. We have established contracts
with the most reputable constructors, in the finest
locations and the most competitive prices to ensure
you have the choice of the best portfolio of properties
at any given time.
Why Buy 'Off-Plan' in Northern
Cyprus
The construction time of most ’off-plan’
developments is between 16 and 24 months therefore
giving maximum capital growth through construction
as you pay a fixed price. Usually the longer the
construction time the higher the growth and the
longer you have to make payments.
When buying ‘off-plan’
most constructors allow you to sell on the contract
after approximately 25% has been paid, allowing
investors to observe the market and then sell-on
to make a profit which, in Northern Cyprus, is
not liable to capital gains tax. Again, the longer
a buyer leaves it and makes extra payments, the
higher the profit will be. Most Property Investors
in Northern Cyprus do this without ever completing
on a property!
If you decide to keep your property in Northern
Cyprus we can manage your property guaranteeing
you excellent rental, a secure pension for your
old age and a fantastic holiday home for you to
use.
With our expert professional help
throughout the whole buying process from start
to finish we’ll give you total peace of
mind.
Investment Incentives
Foreign investment is actively encouraged,
and those willing to invest in North Cyprus can
be sure of a positive Government attitude.
-
Leasing of land for extended
periods at favourable rates.
-
Import duty exemptions for
goods concerning the project.
-
Government contribution to
charter risk.
-
Contribution to brochure/advertisement
expenditure up to 75%.
-
Exemption from income tax
and corporation tax for a period of ten years
in the case of investment in tourist accommodation
units.
-
For public companies which
have shareholders in excess of 50, tax exemption
can be extended.
-
Annual interest and principal
instalments of foreign loans enjoy a transfer
guarantee.
-
Tourism establishments or
hotels may deduct each year 20% of their annual
foreign exchange gross earnings from taxable
income.
-
Free transfer of proceeds
in case of liquidity of investments.
-
Repatriation of profits without
restriction or limitations.
-
Employment of foreign personnel
who are not available locally.
-
Transfer of net income earned
by foreign personnel is free.
-
Exemption of construction
licence fee.
-
Also deductible when calculating
annual taxable profit are all travel expenses
related to promotion and marketing, plus all
kinds of advertisement, promotion and marketing
expenses.
|
|