North Cyprus rental guarantee
Many people have realized the benefits of investing in North Cyprus real estate. It’s always a fantastic deal for people to be able to rent out their properties and earn money from the rentals while the value rises.
Some even believe that buying an apartment and renting it out permanently is a better investment than putting their money in a bank account with low or no interest. Apartments and villas are in high demand, especially during the high season (May-Nov). It is possible to earn between 5% and 10% of the purchasing price every year.
If the property has a view of the sea, it is a major benefit. It is also a plus if there is a terrace or balcony. For villa apartments, it is also crucial that there is a communal pool or a private swimming pool. Other facilities, such as a gym, spa, and restaurant, are also valuable. When it comes to tourists, the most common choices of accommodation are a villa in the first place, an apartment in the second place, and a townhouse in the third place.
The perfect villa in the right location is the sort of property that generates the highest money. You should also consider whether the location is well-maintained and whether it is within walking distance of the beach.
If you purchase new property from a construction company and are unable to rent it out yourself, the construction company will assist you in finding yearly or temporary tenants. They provide a comprehensive “turnkey” rental package that includes the rental and management of your house for a profit of 20-30%. This varies depending on the construction company and the type of property. North Cyprus rental guarantee is a very important issue for the owner of the property and it promises continuous profit.
Some construction companies provide a rental guarantee, which indicates that regardless of whether your property is rented or not, you will get between 5-7% of the purchase price in rental income each year. During the low season, you have access to your house for 1-2 weeks, and during the peak season, you have access for 1-2 weeks.
After the Northern Cyprus rental guarantee, you can get information about the real estate by clicking here.