Kyrenia is among the most popular cities in Cyprus and can be defined as the tourism capital. Being a pioneer in many fields such as trade, education and culture, Kyrenia is a city frequently visited by foreign tourists. The city of Kyrenia is famous for its beautiful views where the mountains meet the sea in perfect harmony. For al these reasons, Kyrenia houses for sale are always in high demand.
Northern Cyprus is an ideal place to settle in for people of all ages. With long summers and consistent sunshine throughout the year, Cyprus allows you to spend most of the year like you are on vacation. Kyrenia, the most preferred region of TRNC by foreign investors, is one of the nicest cities to live with its lovely views and friendly people. For this reason, Kyrenia is the perfect choice for those who want to move and settle in Cyprus. Many people who want to live in Cyprus evaluate the Kyrenia houses for sale ads. In this article, we compiled some advices you should keep in mind when buying a house in Kyrenia.
Pros and Cons of Kyrenia
Kyrenia is home to beautiful landscapes, unique beaches, fresh air, historical attractions and a lively nightlife. In addition to these aspects, Kyrenia is a big venue for educational institutions, hosting well-established universities with many international students making the city a multicultural melting pot.
With its lively restaurants, cafes, bars, cultural events and activities, Kyrenia provides its residents with an active and fun life. However, Kyrenia also allows you to live the best of both worlds by giving you the option to choose a calm and peaceful life in its residential areas.
Just like in the TRNC in general, Kyrenia has high living standards and low crime rates, allowing you to safely roam the streets whenever you want.
Due to all these advantages, the advertisements of Kyrenia flats for sale and flats for rent attract a lot of attention. In order to meet the ever-expanding levels of demand, the real estate sector continues to construct new real estate projects in the region without slowing down. Investing in Kyrenia is the most profitable choice compared to other TRNC cities as Kyrenia’s real estate values are constantly increasing.
Among the disadvantages of Kyrenia, is the heat. Summer months experience really high temperatures making it difficult to live without air conditioning.
You can find more details about searching for houses for sale in Cyprus on this page: Things You Should Know Before Searching for Houses for Sale in Cyprus
Kyrenia House Options for Sale
Every individual evaluating Kyrenia house options for sale has different needs that they expect their future home will meet. Hence, the demands of students, investors and vacation home buyers differ greatly.
Kyrenia is home to Cyprus’ most developed real estate sector due to the consistently high levels of demand for real estate in the area. Over the years, these high levels of demand created a highly diversified real estate market with lots of different types of property for sale and for rent. Hence, Kyrenia can provide anyone with their dream home that would satisfy all their needs.
If you are currently browsing the ads for Kyrenia houses for sale for real estate investment, we recommend you got more information on rental income by reading our article titled Prices of Houses for Rent in Cyprus
Adding a new project to its portfolio every day, the Kyrenia real estate sector is sure to give you a comfortable lifestyle with its modern architecture and luxury living spaces. When browsing the options of Kyrenia flats for sale, it can easily be seen that apartments and residences are at the forefront of the real estate market. Moreover, Kyrenia house options for sale vary according to whether they have a sea view, the number of rooms, whether they are furnished or not, and their location. The important thing here is knowing what exactly you expect from your future home in Kyrenia. For example, by buying an apartment within a building complex, you can also enjoy shared facilities such as a pool or a gym.
The Kyrenia real estate market also stands out with its beautiful villas. You can visit this page to take a look at our suggestions for those who want to buy a villa for sale in Kyrenia: Suggestions for Buying a Villa for Sale in Kyrenia
Prices of Houses and Flats for Sale in Kyrenia
Today, Kyrenia’s real estate market mostly includes luxury apartments, villas and residences shaped by the preferences of the local real estate demand. However, Kyrenia has a highly diversified real estate market offering both luxury as well as budget apartment options.
Thanks to the great geographical location of Kyrenia, it is safe to say that there is almost no house without a view. It is useful to specify the prices of houses for sale in Kyrenia based on the region the house is located in. Prices of houses for sale in the Western region for instance, range from £ 60,000 to £ 70,000 on average. Prices of standard apartments in the Kyrenia Centre start from £40,000 and go up to £110,000, while prices of centrally located luxury apartments range between £85,000 to £450,000. In the East region, houses are offered for sale with price options starting from £ 65,000 up to £ 110,000. Hence, there are houses for sale in Kyrenia suitable for everyone’s needs and budgets. If you want to get more information about real estate prices in other TRNC cities to compare with Kyrenia, you can visit this page: Prices of Houses and Flats for Sale in Cyprus
Things to Look Out for When Purchasing a House in Kyrenia
- Check whether the property is subjected to restrictions such as mortgages and confiscations on the title deed before making the purchase
- Make sure that the address on the deed is the same as the address of the flat you intend to buy.
- If you are thinking of choosing a house for sale in Kyrenia, you should definitely decide after you go to a in-person viewing of the property.
- If the house is in a building complex or an apartment, check if there is any unpaid dues under the house’s name
- If the house you are considering buying needs renovation, it may add additional costs to your budget so consider accordingly.
- Evaluate the location of the house for sale in Kyrenia and the surrounding facilities.
- If you are buying a house off the plan, get references about the construction company. In fact, review the properties the company has already completed.
- If you are buying a turnkey property, make sure that all the construction company delivered on their promises. Check whether all the materials of the house, from cabinets to faucets, from floor tiles to windows, are of the promised quality.
- If you think that you do not know enough about Cyprus or the real estate sector, you should definitely get support from a local real estate consultant and complete your purchases in line with their recommendations.
You can benefit from our free real estate consultancy service in your search for houses for sale in Kyrenia by using the contact button at the bottom of the page.
