Grand Sapphire Resort & Residences

THE BIGGEST PROJECT OF NORTHERN CYPRUS

An extraordinary project that will host a residence consisting of 1630 apartments and an ultra-luxury Resort Hotel in Iskele Long Beach, one of the most beautiful coasts of the Mediterranean. Grand Sapphire Resort and Residences, the largest and most special life project in Northern Cyprus, consists of 3 high-rise buildings with 27, 29 and 31 floors, 7 short buildings with 5 floors and a hotel building. Offering rich living spaces suitable for different lifestyles, the project includes studios, apartments with 1, 2, 3, 4 rooms and duplex residences with 3, 4 rooms.

The Biggest Project of Northern Cyprus

7 STAR PRIVILEGES

Every detail in Grand Sapphire has been designed to be most suitable for 7-star living. Your 7-star experience, starting with all the designs of 1630 flats, will merge with the perfect Residence life; You will crown your life with resort services. Grand Sapphire is suitable for all ages with its restaurants, gyms, 10000 m2 pool area, 60000 m2 green area, organic garden, Roof bar and Pool bar, activities and Kids Club.

7 Star Privileges

RENTAL AND INVESTMENT VALUE

Iskele area has become one of the most popular destinations in Northern Cyprus for both living and real estate investment, with investments that continue to increase every day and heavy domestic and foreign tourist traffic. With the brought advantages by the increasing demand for housing, especially around Long Beach, you will get the maximum rental income on your real estate investment thanks to the 7-star life offered by Grand Sapphire

Investing in Cyprus: A Look at Project Property

Cyprus is a small island country situated in the eastern Mediterranean region. Over the years, it has been recognized as one of the top destinations for investment in real estate. There are various investment opportunities in Cyprus, such as project properties. Project properties refer to the development of real estate projects in the country, such as commercial and residential spaces. Investing in project property in Cyprus provides investors with a wide scope of opportunities to buy and sell property for a profit. This essay will explore investment in Cyprus and how it pertains to real estate, buying and selling property two to three times.

Investment in Cyprus

Cyprus has favourable laws and tax regulations, making it an attractive destination for foreign investors. The country has a pro-business environment with a low corporate tax rate of 12.5%. Additionally, the country has implemented measures to simplify the investment process, such as acquiring permits and licenses. The Cypriot government actively encourages foreign direct investment (FDI) and permits 100% foreign ownership of property, including project property.

Real Estate in Cyprus

Real estate is a thriving industry in Cyprus, and there is no shortage of investment opportunities. Over the years, the demand for property in Cyprus has increased, and this trend is expected to continue. Investors can choose from various types of property, such as apartments, villas, townhouses, and commercial spaces. Project property is a popular investment option in Cyprus as it allows investors to diversify their portfolio, making it stable and sustainable.

Buying Property in Cyprus

Buying property in Cyprus is a straightforward process, and foreigners do not require any special permits or licenses. With the assistance of a real estate agent or lawyer, investors can complete the transaction process within a few weeks. The prices of property in Cyprus are relatively low compared to other European cities, and the rental yields are high.

Selling Property in Cyprus

Investing in project property in Cyprus allows investors to sell their property two to three times, generating a significant profit. Once the development of the project is completed, investors can sell the property at a higher price than the purchase price. The appreciation of property in Cyprus is high, meaning that the value of the property increases with time. If investors decide to hold on to the property for an extended period, they can also generate income through rental yields.

Conclusion

Investing in project property in Cyprus provides investors with an ideal opportunity to diversify their portfolio and earn high returns. The government's pro-business environment, coupled with low tax rates and incentives, make Cyprus a favourable destination for foreign investors. The appreciation of property in Cyprus, coupled with the high rental yields, is an attractive investment for those looking for long-term investment opportunities.