Low Rent for Turkish Cypriot Property Valued at 4 Million Euros
November 25, 2024
Interior Minister Konstantinos Ioannou revealed that a Turkish Cypriot property valued at 4 million euros is rented for just 30 euros a month. While the estimated rent is around 6,000 euros, the rental price remains extremely low. The minister mentioned that measures are being promoted to increase revenue from Turkish Cypriot properties, particularly in areas like Mackenzie. These changes aim to benefit refugees and improve property management.