Real estate in Famagusta
One of the presentable places in Northern Cyprus for buying property and doing business is Famagusta. This ancient port city attracts not only tourists. If earlier Famagusta, located in the east of Northern Cyprus, was considered a favorite place for local fishermen, today it is truly a luxurious center of the island with improved apartments. The inhabitants of the town, which has a population of more than 50 thousand people, are proud of historical sights that you can fall in love with at first sight.
Compared to other, smaller settlements such as Lapta, Famagusta has a well-developed infrastructure. Buying an apartment here is a profitable decision. At every step you can visit modern shops, clothing and footwear centers, shops with souvenirs and accessories. In the city center there are a large number of cafes, restaurants, cozy bistros, ready to serve people from all over the world. Special attention deserves the University of the city, which teaches students from all over the vast world. Applicants study in different areas:
- IT technologies;
- Public Relations;
- advertising and animation;
The walls of the university daily receive beginners from 80 foreign countries.
A cozy city, designed for doing business and buying an apartment, has a favorable location. The territory is located in a natural harbor. This is what made Famagusta the place of the main trading port. The advantage of the area is its climate close to subtropical. In winter, it is quite warm here, the weather does not fall below +15. In summer, the air warms up from + 25 to + 37 degrees. The fresh wind that blows from the coastal strip perfectly cools and evens out the heat. Famagusta is an ideal place to buy an apartment. Other weather features of the city:
- velvet season, which lasts until October;
- dry autumn, which begins in November;
- pleasant water temperature + 28.
Famagusta real estate today is a profitable investment in life and business. Among the entrepreneurs are Russians, Europeans and residents of the CIS countries. Demanded apartments are villas, apartments, studios, multi-room housing. On the territory of the city there are large apartments with private pools and parking. Among all the variety, you can choose a house to your taste and budget. For foreigners and local residents, several housing options are available from owners and developers:
- one-room and multi-room apartments;
- private houses;
A feature of the purchase of apartments and real estate is a consistently stable increase in housing prices. Depending on the apartment chosen, future owners may qualify for black walls, improved renovations, or buy a house with modern design. The international real estate agency "Red Feniks" provides a service for the selection of apartments in the eastern part of Northern Cyprus and assistance in making a purchase or rent. We offer favorable conditions for buying an apartment in Famagusta, a reduced mortgage rate, installment payments and discounts.
The company's clients are parents of students, start-up and existing entrepreneurs and people who just want to move to Northern Cyprus for permanent residence.
The nuances of buying a home in Famagusta
Owners and developers of apartments offer villas and houses for rent all year round. But often renting a house in Famagusta is much more expensive than buying property. This is due to the stability of the cost of apartments offered for purchase. By registering the ownership of real estate, you can count on an increase in price. An apartment in Famagusta is growing in price by an average of 8% per year. This bribes entrepreneurs and merchants who are pursuing the goal of buying and selling housing as an income.
Famagusta is a cozy place to relax, live and raise children!