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Investor Relations

Investor Relations

Veranova: A New Destination for Secure Investments

At Veranova Developments LTD, we aim to deliver not only premium housing but also sustainable, high-value investments. Within the stable real estate market of the Turkish Republic of Northern Cyprus (TRNC), we differentiate ourselves by offering projects that are secure, growth-oriented, and high-yielding for our investors.

Investor Relations

Veranova Yatırımcı İlişkileri Departmanı

invest@veranova.tr
+90 548 852 53 25

Why Invest in TRNC?

High Rental Income

With the ongoing growth in tourism and education sectors, demand for housing continues to rise—resulting in strong and consistent rental returns.

Tax Advantages

Transfer fees and property taxes are relatively low, with no additional burdens imposed on foreign investors.

Investor-Friendly Legal Framework

Property acquisition processes for foreign investors are clear, regulated, and closely supported by Veranova at every stage.

Attractive Cost Structure

Compared to European markets, property prices and overall cost of living in Northern Cyprus remain significantly lower, offering great value for investors.

GBP-Based Rental Income

Most rental agreements in TRNC are denominated in GBP (British Pounds). This provides investors with stable, foreign-currency income, offering a natural hedge against inflation and currency fluctuations. Note: Rental yields vary based on location, architectural quality, and property features.

Veranova Luma:
The Right Choice for Your Investment

Our Veranova Luma project offers an ideal opportunity for investors with its modern architecture and strategic location:

21 Residential Blocks

with 4 units in each block

Multiple Apartment Options

Garden-level 3-bedroom units and rooftop 2-bedroom penthouses

High Quality Standards

Materials and workmanship complying with international norms.

Investment Potential

Located in a rapidly developing area with strong projected returns

Got a question?
Explore here.

I Have Another Question

Can foreign nationals buy housing in the TRNC?

Yes. According to the laws of the Turkish Republic of Northern Cyprus (TRNC), foreign nationals can purchase residential property by following a set of legal procedures. The Veranova team provides full consultancy and support throughout the legal process

How long does it take to complete the title deed transfer?

On average, the title deed transfer process takes between 3 to 6 months, depending on approval timelines. All applications and documentation are closely followed and managed by our team on your behalf.

Can I get support for the apartment I want to rent?

Absolutely. Veranova offers rental and property management services exclusively to investor clients. We can market your unit professionally for long-term leasing or short-term rental (e.g., Airbnb) depending on your preference.

What determines the rental income?

Rental rates are based on factors such as location, unit type, size, and equipment level. In the TRNC market, most rentals are denominated in British Pounds (GBP), offering investors a stable, foreign-currency income stream.

What payments are required during the purchasing process?

In general: • 25% of the contract value is required as a down payment • The remaining balance is payable in installments or based on construction milestones • A 6% title deed transfer fee is applicable at the time of title registration (in accordance with TRNC law)

Does purchasing a property grant me residency or citizenship in TRNC?

Purchasing a home provides advantages when applying for residency, but does not automatically grant citizenship. However, consistent residency and investment activities may contribute positively to future eligibility.

Sıkça Sorulan Sorular

Special Advantages & Campaigns for Investors

Veranova Luma Pre-Sale Campaign

  • The contract is signed with a 25% down payment.
  • The remaining balance is paid in installments based on construction progress.

Free Legal and Title Deed Process Tracking

  • The contract is signed with a 25% down payment. Special for foreign buyers: The entire title deed and application process is handled free of charge by Veranova's legal department. The remaining amount is paid in installments according to the level of construction progress.

Furniture Support

  • Special offer for the first 3 apartment buyers: “Veranova Selection” furniture package and turnkey delivery.

Earn by Referral Campaign

  • If you refer a friend after you buy your flat, you'll receive a cashback gift of up to £1,000.
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