đź’° Which Offers Better ROI? Key Comparisons
🏖️ Holiday Lets (Short-Term Rentals)
Best For: Investors targeting tourists (April–October).
Top Locations:Â Kyrenia Harbour, Escape Beach, Bafra (Karpaz).
Pros:
✔ Higher nightly rates (€50–€150 in peak season).
âś” Flexible personal use (when not rented).
âś” Growing demand from EU/UK tourists.
Cons:
âś– Seasonal income (80% of bookings in summer).
✖ Management fees (15–25% to agencies like North Cyprus Rentals).
🏠Long-Term Rentals
Best For:Â Steady income from expats/students.
Top Locations:Â Nicosia (LefkoĹźa), Famagusta (GazimaÄźusa).
Pros:
✔ Stable 12-month income (€300–€800/month for apartments).
âś” Lower maintenance (no frequent guest turnover).
âś” High demand from TRNC university students.
Cons:
✖ Lower yields (5–7% vs. 8–12% for holiday lets).
📊 ROI Hotspots
Area | Holiday Let Yield | Long-Term Yield |
---|---|---|
Kyrenia | 10–12% | 6–8% |
Karpaz | 8–10% | 4–5% |
Famagusta | 7–9% | 5–7% |
💡 Tip: Combine both! Rent long-term in winter, switch to holiday lets in summer.
Contact Cypria Properties for rental-ready investment properties.