Rental Income Potential in North Cyprus: Holiday Lets vs. Long-Term Rentals

đź’° Which Offers Better ROI? Key Comparisons

🏖️ Holiday Lets (Short-Term Rentals)

Best For: Investors targeting tourists (April–October).
Top Locations: 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: Steady income from expats/students.
Top Locations: Nicosia (Lefkoşa), Famagusta (Gazimağusa).
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

AreaHoliday Let YieldLong-Term Yield
Kyrenia10–12%6–8%
Karpaz8–10%4–5%
Famagusta7–9%5–7%

💡 Tip: Combine both! Rent long-term in winter, switch to holiday lets in summer.

Contact Cypria Properties for rental-ready investment properties.

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