I’ve heard a lot about Kireniya in North Cyprus being a beautiful coastal area with historic charm. It seems ideal for a holiday home, but does real estate in Kireniya offer good rental potential, or is it more suitable for personal use?
The market for Real Estate in Kireniya is thriving, especially for those targeting the vacation rental market. I own a small villa close to the Old Harbour, and it attracts tourists year-round due to its proximity to historic sites, beaches, and restaurants. Kireniya’s vibrant nightlife and cultural appeal also draw long-term renters, particularly expats. While prices are slightly higher compared to other areas in North Cyprus, the rental yields and property appreciation more than justify the investment. Choosing properties with sea views or near the city center guarantees strong demand and better returns.