Property in Kyrenia
Whether you are planning an investment or looking for a holiday apartment or permanent residence, buying property in Kyrenia can be a great choice. Privileged climate, rich culture, stable rental income, and affordable prices make Kyrenia an attractive place to buy property in Cyprus.
The city is located in the north of Cyprus. It is primarily known for its rich history and unsurpassed beauty, thanks to which there is always something to do and see. Buying real estate in Kyrenia means becoming the lucky owner of a property in one of the island’s most interesting locations. There are many ancient sights in the vicinity, including the famous Kyrenia Castle, built in the 16th century. There are also numerous medieval churches, mosques, and houses, which have preserved the authentic atmosphere of past eras.
If you buy property in Kyrenia, you can enjoy the beauty of the Mediterranean Sea, picturesque mountains, and a stunning coastline within walking distance of your home. The city has many beautiful beaches with clean sand and clear water, which are ideal for lounging in the sun or doing water sports. Kyrenia also offers a wide range of excellent restaurants, bars, and cafes, where you can try the national Cypriot dishes in a warm, welcoming atmosphere.
Properties prices in Kyrenia
Property cost in Kyrenia and other cities in Cyprus is influenced by many factors, including the type of unit, its area, number of bedrooms, and additional advantages.
The average price of apartments in Kyrenia is €1,482 per 1 m². Note that over the past year, this type of real estate has risen in price by 49.91%. The average cost of houses in the city is €1,833 per 1 m². Over the year, houses have increased in price by 42.63%.
You can find the current property prices in Kyrenia in the currency you are interested in in the catalogue on Cyprus-Real.Estate.
Investment property
Property in Kyrenia for investments and living is a useful asset for many reasons:
- First, Kyrenia is a tourist destination attracting many travellers from all over the world. This means that owning property in the area can be a great source of income from short- or long-term rentals.
- Second, Kyrenia is known for its rich history and culture. Here you will find many attractions, museums, and architectural masterpieces. Purchasing investment property in Kyrenia will allow you to immerse yourself in a rich cultural environment and enjoy its heritage and a unique lifestyle.
- Third, the city has a very favourable climate. It is the ideal place for active lifestyle enthusiasts to enjoy water sports, golf, tennis, and many other outdoor activities.
- Fourth, Kyrenia has relatively low real estate prices compared to other cities in the Mediterranean region. This makes it a very attractive place for those looking for affordable and reliable opportunities to invest in houses and apartments in Cyprus.
- Fifth, the city is developing and expanding, offering many new properties. You can choose between a variety of real estate types, ranging from cosy apartments in the centre to luxurious villas with sea views.
- Sixth, Kyrenia offers high rental income. Rental property in the city centre yields an average annual return of 9.69%, and on the outskirts, 7.87%.
Buying property in Kyrenia
Apartments and villas in Cyprus directly from owners and developers in the island’s best locations are waiting for you on Cyprus-Real.Estate. Search for properties in the cities you prefer using customizable parameters yourself or entrust it to a specialist. A real estate expert will help you find suitable options matching your goals so that your investment in properties in Kyrenia, Cyprus is as effective as possible.