Cyprus

The Gecitkale Peder residential project is a luxurious project with many recreational and welfare facilities, which is being built for the first time by an Iranian construction holding company in the city of Gecitkale. The building project consists of 6 blocks of 8 floors and is located on a land area of 102,000 square meters, with over 80,000 square meters dedicated to landscaping and public facilities. The area of the units in this project starts from 40 square meters and up. The delivery date that the Peder Holding has set for the first block of this project is 15 months. For more information about the project and payment conditions, you can contact us.

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Delivery Date Starting 15 months
Unit Area from 40 square meters
Number of Floors Northern Cyprus
Location Gecitkale in Northern Cyprus
Price Contact us for more information.
Project Information
  • Land area: 102,000 square meters
  • Number of floors in each block: 8 floors
  • Occupancy area: 35,700 square meters
  • Project's total infrastructure: 224,000 sqm
  • 1,755 units in the project.
  • Wild river
  • Tennis court
  • Water recreation
  • Amphitheater
Project Description

The Gecitkale Peder residential project is a luxurious project with many recreational and welfare facilities, which is being built for the first time by an Iranian construction holding company in the city of Gecitkale. The building project consists of 6 blocks of 8 floors and is located on a land area of 102,000 square meters, with over 80,000 square meters dedicated to landscaping and public facilities. The area of the units in this project starts from 40 square meters and up. The delivery date that the Peder Holding has set for the first block of this project is 15 months. For more information about the project and payment conditions, you can contact us.

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Frequently Asked Questions
  • Can permanent residency be obtained by buying property in Northern Cyprus?

    Yes, by buying property and following the law of not leaving the island for more than 45 days a year, you can obtain permanent residency in the country.

  • How will the buying and visiting of projects be done?

    Pedar Construction Holding Company, as an Iranian construction company in Northern Cyprus, has provided the opportunity for you to visit their projects by visiting the central office of Pedar Holding and other offices in Tehran, or virtually online, and make your purchase. If you wish, you can also visit the project physically by being present in Northern Cyprus. A tour of the projects is provided by Pedar Holding for buyers, which can last for three nights and four days. Online purchase conditions are such that a video call will be made through the apps to visit the project sites and construction companies, and customers can easily make their purchase. It should be noted that valued customers can make their payments in Iranian Rials or through barter agreements within Iran with a reputable Iranian company.

  • What language do people speak in Northern Cyprus?

    The common language in Northern Cyprus is Turkish and in all professions, the majority of the community is proficient in English. In Southern Cyprus, Greek is the first language and English is the second language used.

  • How is inflation and property price growth in Northern Cyprus?

    The growth of property prices in Northern Cyprus is at least 8 to 20 percent per year, depending on the location and area of the purchased property, the construction company, and the type of property purchased. The growth of pre-sale properties is significant and has a growth trend proportional to the progress of the project and its duration. Based on experience, it can have up to 85% growth and added value within approximately 30 months.

  • Can permanent residency be obtained by buying property in Northern Cyprus?

    Yes, by buying property and following the law of not leaving the island for more than 45 days a year, you can obtain permanent residency in the country.

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