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Nejmi Sıddık from Kumsal Estate Agency answers

In our program, HangiEv.com asks, our guest this week is Mr. Nejmi, the owner of Kumsal Emlak. Nejmi Bey Kumsal Emlak is a very well known brand in North Cyprus, especially in Nicosia.

HangiEv.com asks: What separates you from other real estate agencies? Let's hear from you

Mr. Nejmi: As the Kumsal Emlak family, trust is the first thing that comes first to our customers' information. We are constantly interested in our customers and sell the right goods. First, we listen to our customers before they buy. After listening, we decide according to what money he has and how he will invest, and we direct him to a suitable property.

HangiEv.com asks: Mr. Nejmi, as you know, construction costs have increased by about thirty percent in the last period. How will this affect the selling prices in Cyprus?

Mr. Nejmi: They will start when the new constructions are started, but in the current position, if the constructions were completed a year ago, if the contractor has debts to the bank, they have to pay the debt to that bank as soon as possible. It will have to be given at a reasonable price. But at new prices for beginners.

HangiEv.com asks: In which areas do you collect portfolios the most as Kumsal real estate?

Mr. Nejmi: We are in the field of land, the land that we will buy the most.

HangiEv.com asks: How do you think the Ukraine-Russia War will affect the real estate market in Cyprus?

Mr. Nejmi: This is a war that concerns not only our effect as Cyprus, but the whole world. But we are told that they could not get their money out of their banks and they could not bring it here because of the calls we received over this. Of course, a right investment is in Northern Cyprus.

HangiEv.com asks: How do you think the recent increase in foreign currency has affected the market?

Mr. Nejmi: It has affected a certain sector. But people who have Pounds or Euros or Dollars, who have money, in this industry it didn't affect them. Affected position in case of converting from TL to Sterling.

HangiEv.com asks: Mr. Nejmi, what do you think will be the real estate market in Cyprus in the future, and do you have anything you want to say to investors?

Mr. Nejmi: Cyprus is one of the cheapest properties in the world. Two Turkish Republics of Northern Cyprus; as an island with its sun, sea and something that will increase in prices day by day. In other words, no matter who is an investor, when he buys an earring from anywhere in the Turkish Republic of Northern Cyprus, he should know that; Tomorrow the price will go up.

HangiEv.com asks: Which housing types do you think will be in demand in the future?

Mr. Nejmi: Two bedrooms at most. It can be for renting a room or for living. In this situation, the reason why people prefer two bedrooms; Heating, cleaning the house. They prefer two bedroom apartments because they are smaller, more practical.

HangiEv.com: Thank you very much for your time.

Mr. Nejmi: Thank you very much, too. You have established a very active and beautiful site on your site in a very short time. And I believe you will give your best support.

HangiEv.com: You can find Kumsal Real Estate's entire portfolio for sale and rental on Kariyer.com.