The North Cyprus property market is entering an unprecedented period of growth and development, and the demand for choice properties is on the rise. The current “boom” is expected to continue for at least several years, and most financial advisers knowledgeable in real estate investments feel that buying property in North Cyprus at this time is definitely a case of being in “the right place at the right time”, as prices will surely be increasing in the years to come.

As a result, North Cyprus real estate is becoming more and more attractive to buyers from abroad because of the potential for both the high quality of life that North Cyprus offers and continued growth in terms of return on their investment. All the market forecasts indicate that property bought now or in the near future will increase in value substantially over the next few years.

Northern Cyprus real estate prices are among the lowest in the Mediterranean basin and much lower than the prices for comparable properties in Europe and the UK, and promise a much greater growth potential. This trend shows every sign of continuing for at least several more years. In addition to the low cost of purchasing real estate, living costs are also quite inexpensive, and foreign residents or visitors receive excellent value for their dollars or euros. This results in a high standard of living for Europeans who have relocated, whether full-time or for shorter periods, and who can enjoy low prices and excellent value for their money.

In addition to the bargain prices and excellent investment potential offered to property buyers from abroad, some of the other attractions for many foreign investors include the wonderful climate, with an average of over 330 days of sunshine a year; easy access to Europe and the UK; the tranquil and relaxing Northern Cyprus lifestyle, still not commercialised by massive tourism; the unspoiled natural beauty and breathtaking scenery, with stunning mountain views and miles of sandy beaches; and the genuine friendliness and warmth of the local population.

A growing number of individuals and families from Western Europe and the UK are making North Cyprus their permanent home, with the low cost coupled with a high standard of living being strong factors in their choice. This community is thriving and has contributed greatly to the increase in real estate and property development. Other buyers, not ready to make a permanent move, are primarily interested in the excellent investment opportunities now available, while many others are attracted by the prospect of high rental income from their North Cyprus investment property, especially during the tourist season when good rental properties increase greatly in value and yield excellent returns. Many of the local real estate agencies provide property management and maintenance services for overseas owners of such rental properties.

The many property developers, construction companies and real estate agencies are engaged in selling every type of property all across Northern Cyprus. These include plots of land for building now or for long tem investment; pre-owned homes at extremely attractive prices; and new homes of every type, size, and price range, from small cottages and bungalows to fine apartments and luxurious villas. There are suitable properties for every taste and budget, and for every purpose, from vacation getaways to permanent residences and retirement homes.

The common denominator for all potential property buyers is the superb value received for the price, in terms of the quality of life for those intending to live in North Cyprus and in terms of the outstanding investment that North Cyprus property offers to buyers. There are many experienced, reliable and highly reputable construction companies in North Cyprus that can build according to the customer’s specifications. There are excellent architects and engineers who, for very reasonable prices, can plan and design homes that meet the highest specifications.

If you plan to build a new home, you can be confident that it will be built to the finest quality and modern construction standards. The latest advanced construction materials and techniques will go into the building of your home, and the construction quality will be guaranteed by the builder. North Cyprus construction and development are experienced and reliable, yet another factor in the current property “boom” in which more and more buyers are seeking property in Northern Cyprus.

For retired people from abroad, North Cyprus is rapidly becoming a paradise, and they are buying property in increasing numbers. Their retirement income goes much further than at home, and they can enjoy their pensions in beautiful surroundings and a peaceful atmosphere, without giving up any of the luxuries of their European standard of living.

Whatever your reason, whatever your investment philosophy, whatever your plans for the future - now is the ideal time to join so many others in discovering the dream that is North Cyprus.







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