Renting a property alone leads to obtaining a residence in Northern Cyprus It won’t be possible, if you don’t have a residence in this country, you can’t obtain residence by just renting a real estate unit. In order to obtain residence, you have to rent a property and invest and have the financial ability of every person over 18 years of age to have 25,000 dollars in an account. Have your own bank, otherwise you cannot get residency. If you intend to get a permanent residence in North Cyprus, it is better to think about buying a property in North Cyprus and apply for permanent residence by complying with other conditions.

Property for rent in North Cyprus

The style of renting an apartment or villa in North Cyprus differs from Iran. In North Cyprus, leases can be arranged as short-term leases of one day to several months and long-term leases of one year. Short-term rentals are usually more expensive than long-term rentals. And factors such as the location of the property and the design inside the unit, and even the time considered for renting, have an effect on the rental amount.

For example, the rent is more expensive in the High Season months than in other months. And the demand for short-term rent is more than long-term rent. The second rule is to pay the deposit, which is equal to twice the rent, to the house owner. And at the end of the rental period, this deposit will be returned to the tenant, if the tenant has not damaged the house. In case of any damage, the amount of damage will be deducted from the deposit.Property for rent in North Cyprus

In North Cyprus, it is rare to find a house that can be rented without furniture, and most of the houses are rented furnished. In some areas, rents can be paid in Lira, but mostly include old-build units. But in other areas, the rent is calculated in British pounds.

About renting a property in North Cyprus, it should be said that the rental agreement must be signed in a valid real estate office so that there is no problem later. And in case of early termination of the rental agreement, the owner must be notified one month in advance and an amount equal to one month’s additional rent must be paid to the owner for the termination of the rental agreement.

In some settlements, charges are collected from the residents, which is related to the agreement between the landlord and the tenant and is also mentioned in the contract. If the contract of the rented unit will be used to obtain residence, the tax of the rental contract must be registered and stamped in the tax office, and the cost of the tax office is the responsibility of the property owner. And during the rental period, the expenses related to water, electricity and gas inside the unit are the responsibility of the tenant, and the tenant is obliged to return the unit in question to the owner of the property as it was delivered.Property rental conditions in North Cyprus

What are the conditions for renting a property in North Cyprus?

Property rental conditions in North Cyprus are similar to property rental conditions in other countries of the world. Typically, property leases in Northern Cyprus are for one year and can be extended thereafter.

  • The tenant must be at least 18 years old.
  • The tenant must have a fixed income.
  • Tenant must be financially responsible.

Necessary documents for renting a property in North Cyprus

  • Valid passport
  • Entry visa to Northern Cyprus
  • Residence document in Northern Cyprus (if you have)
  • Financial documents (such as payslips or bank account statements)

The cost of renting a house in Northern Cyprus

The cost of renting a house in North Cyprus is significantly affected due to the presence of many tourist areas and natural attractions. With more than 300 days of sunshine a year and a mild and warm climate, Northern Cyprus is a popular destination for foreign tourists. These features have caused a large number of tourists to be present in this area during most months of the year, and this plays an important role in the pricing of rental houses.

The price of renting a house reaches its peak during the presence of tourists, and sometimes in spring and summer, the rentability of houses will increase strangely. At times, it has been seen that some residential units, especially in areas close to the beach and the sea, are priced up to three times the original price. This dramatic increase in costs occurs due to the natural attraction and recreational activities in these areas, especially during the hot seasons of the year.The cost of renting a house in Northern Cyprus

Factors determining property rental prices in North Cyprus

North Cyprus is known as a jewel in the middle of the Mediterranean Sea and has attracted many expats and tourists in recent years. Also, the migration process to North Cyprus is also very Korean growth. This popularity has led to the creation of a large number of hotels and guesthouses. However, hotels and guesthouses have not yet been able to provide all the needs of tourists and immigrants. In addition, Northern Cyprus is a prestigious educational destination and its universities are highly regarded. This feature has attracted a large number of students and many of them prefer to rent their house in North Cyprus instead of staying in a dormitory.

In addition to tourists and students, many people travel to North Cyprus looking for residence through property purchase and prefer to rent a house until they prepare a house of their own for permanent living in this country. These three groups of travelers have played an important role in increasing the rental price in North Cyprus. Also, factors such as proximity to beaches and the sea, home facilities, number of rooms and year of construction have a great impact on determining the cost of renting a house in this area.

Some residential units, especially in areas close to the beach and the sea, are priced up to three times the original price. This dramatic increase in costs occurs due to the natural attraction and recreational activities in these areas, especially during the hot seasons of the year.

Determine your purpose before renting a property in North Cyprus

We have already talked about the cities and features of Northern Cyprus. If you are interested in water and sea activities, you are suggested to rent a house in the cities of Famagusta and Kyrenia, as well as the Long Beach area, which are close to the sea. If you want to live in a modern city, it is recommended to rent a house in Nicosia. Therefore, rent a house considering the conditions and facilities of different cities of Northern Cyprus.

Houses for rent property in North Cyprus

Regarding the arrangement of the apartment lease in North Cyprus, keep the following points in mind:

Furnishing condition of the house: Most apartments for rent in North Cyprus are fully furnished. In this country, the concept of moving furniture does not normally exist.

Lump sum payment: The rent is paid in lump sum. In other words, if you rent the house for a period of one year, you must pay the total amount of the agreed rent at once. Lease periods are usually set at 6 or 12 months, and the shorter the lease period, the higher the monthly rent.

Absence of full mortgage or mortgage and rent: In North Cyprus, the concept of full mortgage or mortgage and rent does not exist. As a guarantee of maintaining the house during the rental period, an amount of about one month’s rent is paid to the owner as a guarantee, and this amount is refunded if the house is delivered in a healthy condition.

Payment in Pounds or Lira: The rental amount is usually calculated in Pounds and in some cases Lira is also accepted. These amounts are mentioned when setting up the contract.Paying property rent in pounds or lira in Northern Cyprus

Commissions and fees of real estate agencies: To write the contract and introduce the files, real estate agencies usually receive one month’s rent of the apartment as commission and fees, which is paid by the parties.

Important tips for renting property in North Cyprus

🏡 Detailed inspection before renting the property

While renting a property in North Cyprus, it has happened that real estate agents describe the house in such a charming and perfect way that they don’t give you a chance to inspect the place in detail. People familiar with the environment of North Cyprus are aware of this situation, but some new friends who have just arrived on the island may not be aware of this.

🩸 Check electrical outlets

A point that is usually given less attention are electrical outlets. Make sure that there are enough electrical outlets in all the rooms to meet your needs. Avoid using cables to replace defective sockets; Because improper use can cause serious electrical problems.

🩸Check the internet status

Mobile internet in North Cyprus is weaker than Wi-Fi. Therefore, make sure that the apartment you choose has reliable Wi-Fi internet. Also, make sure there are internet blind spots in the desired location.

🩸Check fungus and moisture

Be sure to check the condition of fungus and humidity in the apartment. The presence of fungus can lead to respiratory problems. So, check the black and green slimy spots and clean them.

🩸Check electricity bills

Electricity bills are the most important bill in North Cyprus apartments. Check if the bills are paid or not. Also, check the amount of electricity consumption and costs to avoid unexpected costs.

🩸Monthly charge

In residential complexes, monthly charging is common. Make sure the charges are paid in full. Check the charging rate and facilities of the complex.Monthly charge for renting property in North Cyprus

🩸The apartment is not for sale

Before renting, ask the landlord if there is a plan for selling the apartment. This is important to avoid unwanted visits after living in the apartment.

This is important to avoid unwanted visits after living in the apartment. You are not responsible for fixing the damage. Contact the landlord or renter, report the problem and, after agreeing, proceed to repair it. At the end of the lease, claim the cost of repairs with an invoice.

🩸Choosing a house with history

If you plan to stay in a house for a long time, go for houses with a history of more than 3 years. Most newly built houses are no longer rented after 1-2 years. This can avoid forced fatigue by original owners.

🩸Document review

Check the original house document and owner’s passport and make sure they match. This rarely happens, but checking it can prevent any problems.

🩸Problems in the vicinity of construction

Avoid renting a house in the vicinity of constructions. The noise of machinery and workers may bother you. The noise of machinery and workers may bother you.

🩸Choose a suitable location

If you have come to North Cyprus for work, choose a house close to your workplace. If you are here for fun, focus on the facilities of the complex and its distance from the sea.

🩸Inspection of appearance defects

At the time of handing over the house, check and note down all the visible defects. Add these notes to the bottom of the contract so that there are no problems after the end of the lease.

Student house for rent in North Cyprus

Northern Cyprus is known as a popular student country, with highly-regarded universities and top-notch services. Most universities offer and operate student dormitories that provide a variety of facilities including furnished rooms and other facilities.

🏠 Renting a house for students

Many students prefer to live in rented houses. These houses can be established by the private sector or real people and often have facilities such as equipped kitchen, internet, and complete furniture. The cost of renting a private student house may be higher than university dormitories.Student house for rent in North Cyprus

🔄 Review the pros and cons

Using a university dormitory or renting a private student house each has its advantages and disadvantages. University dormitories have a stronger social status and allow students to connect with each other, while private student houses provide more facilities but may have less of a social experience.

🤔 Choose the best option

The choice between a dormitory and a private student house depends on the student’s preferences and financial situation. It is important that the student chooses an option based on their needs and preferences that will provide them with the best student experience.

Student accommodation services in universities

In addition, most universities in North Cyprus provide various accommodation services for their students. These services include all kinds of dormitories, student apartments and other facilities related to student accommodation. These options provide a variety of choices for student accommodation in this country based on the needs and preferences of students.

Student housing rental rates in North Cyprus

Property rental rates in North Cyprus depend on factors such as location, facilities, and area. On average, rental prices in this area usually range from $150 to $500 per month. Students can benefit from a variety of choices for renting a house in this country. In popular cities like Nicosia and Famagusta, you can find one-bedroom houses for around $2,000 to $3,000 per year.Student housing rental tariff in North Cyprus

Studio and suite for rent in North Cyprus

Usually, people who immigrate to North Cyprus alone or with a small family prefer to rent suites and studio units to reduce the cost of living in North Cyprus. Such units have a more suitable rental cost and due to their small size, the cost of energy and charging is also lower. For this reason, they are welcomed more. Company MANis ready to provide you with suitable studio and suite for rent in North Cyprus.

Of course, North Cyprus suites are usually cheaper to buy than other apartment units and are more desirable. If you don’t plan to rent a suite, you can buy a suite in the price range of 40,000 pounds to 120,000 pounds. This price difference is due to the location and facilities that some suites have. The average price is around 65 thousand pounds. The price of renting a villa in North Cyprus is more expensive than an apartment, but if you need to rent a villa at a lower price, it is possible.

Example of apartment rental prices in North Cyprus

These are just examples of houses that have recently been rented in North Cyprus and prices may vary slightly for similar properties.

Row

City

Apartment specifications

monthly rent

1

Famagusta

1 bedroom

380 Pound

2

Eskeleh

two bedrooms

450Pound

3

Lafkusha

the studio

350 Pound

4

Long Beach

1 bedroom

500Pound

5

Famagusta

2 bedrooms

425 Pound

The best places to rent property in Northern Cyprus

The best places to rent property in North Cyprus depend on many factors, including budget, needs and lifestyle. In general, the following are popular places to rent property in North Cyprus:

 The city of Nicosia, the capital of Northern Cyprus, is a modern and vibrant city that offers many facilities to its residents.

 Kyrenia, the second largest city in Northern Cyprus, is a historical and beautiful city with beautiful beaches and a mild climate.

 The city of Famagusta, the third largest city in Northern Cyprus, is a coastal city with beautiful beaches and a mild climate.

Famagusta is the best city to rent a property in Northern Cyprus

last word

Finally, choosing a rental house is different according to the needs, budget and preferences of each person. Therefore, it is suggested to carefully check all aspects and costs related to it before choosing and renting a house. MAN investment ltd, a large and experienced company, has been providing services to its customers in the field of immigration and buying and renting property in North Cyprus for many years. Don’t worry about the house in North Cyprus with us.

common questions

The price of renting a property in North Cyprus varies according to the city and the specifications of the apartment, and the monthly rent is from 250 pounds and above.

In North Cyprus, there is no such thing as money in advance and the rent is in pounds without money in advance, in some areas the rent can be paid in Lira.

The cost of renting a property in North Cyprus depends on various factors, including the type of property, location, amenities and area. In general, the cost of renting a property in North Cyprus is lower than the cost of renting a property in European countries.

No, renting a property in North Cyprus does not lead to residency. In order to obtain a North Cyprus residency, you must meet one of the following conditions:

 Work visa in Northern Cyprus

 Study visa in Northern Cyprus

 Investment in North Cyprus

 Marriage with a citizen of Northern Cyprus

Yes, you can rent a property in North Cyprus and then sublet it to others for a period of time. In this case, you should mention this in the rental agreement.

Yes, you can rent a property in North Cyprus and then use it as your workplace or business. In this case, you should mention this in the rental agreement.

بدون دیدگاه

Leave a Reply

Your email address will not be published. Required fields are marked *