Akol Global Launches Zero Down Payment Model

Many economy and sector publications, led by Gayrimenkul Haber, announced Akol Global's new financing model that removes the down payment requirement for its projects in Northern Cyprus. The model covers the company’s projects with horizontal architecture concepts in Kyrenia, İskele and Famagusta.

Statements by Yılsay Özbayrak

  • Akol Global Board Member and Chief Executive Officer Yılsay Özbayrak said that, based on more than 25 years of experience in the sector, they have observed that buyers struggle most at the stage of saving for a down payment.
  • Özbayrak stated that buyers are increasingly turning to projects close to nature, with horizontal architecture and rich social amenities.
  • He emphasized that their aim is not a temporary campaign, but to permanently reduce the barrier to home ownership.
  • It was stated that buyers are offered a dedicated sales consultant and an end-to-end transparent purchasing process.

Market data included in the news

The news reports stated that, according to data from the Northern Cyprus (TRNC) Tourism Planning Department, the number of passengers arriving on the island by air and sea increased by approximately 17,5 percent compared with the same period of the previous year, exceeding 1,37 million. The reports also referred to Knight Frank research, noting that branded residential projects are increasing rapidly worldwide.

Campaign conditions may vary by project and period; we recommend confirming current payment plans with our sales team.

Publications featuring the news

For detailed information about our projects, you can visit our Northern Cyprus projects page or contact the Akol Global team.

This article is a summary prepared by the Akol Global editorial team of the news published by Gayrimenkul Haber on 26 June 2026. You can refer to the source links above for the full text of the news.