North Cyprus Properties

Those who have bought a North Cyprus villa as a second home or holiday home may find out sometimes that the property is just being idle for most of the year. If you have a villa in North Cyprus that you only get to occupy for a few times each year, you may consider letting it so that you can get some return on your property investment here.

You can choose between short term and long term rentals when letting your North Cyprus villa. Short term rentals are geared more towards holiday goers who want to have a self-catering holiday instead of staying at hotels. High demand for short term rentals is often during the summer months and anytime when tourist visits are at their peak. Arrangements for short term rentals are typically on a weekly basis.

There is also high demand for long term rentals in North Cyprus and you may want to look into this source of income if your villa in North Cyprus is idle for more than six months. Tenancy agreements for long term rentals often have the duration of six to 12 months lease. Most of the time, tenants looking for long term rentals are those who have just moved to North Cyprus and are looking for a semi-permanent place to stay while they look around for a villa to buy for themselves or wait for their villa’s construction to be finished.

For less stress, it is best to get the services of an estate agent who can handle the letting process for you. To ensure that your property will be let at a good price, make sure that it is full furnished. A North Cyprus villa with pool and air conditioning will also command a high rental price.