Cyprus Villas – The Place To Invest.

by Tim Martins

Unfortunately due to politics, North Cyprus has not been on the tourist map for a number of years, but recent political developments seem to be changing all that now. It has only been the southern part of the island that has been discovered by British tourists, but the negative outcome has been higher prices and over commercialization. That is what makes the North so interesting as the cost of land is cheaper and it has been virtually untouched by the tourism industry, so you can see why it won’t take long for the developers to move in.

Although it is just a coincidence, the North has more natural beauty to offer than the South making it even more attractive investment wise. There is quite an amazing stretch of coastline to discover as well as a real traditional Cypriot way of life, untouched for so many years. It is not a real shock that development big time is taking place in the North, and their building confidence is due to the fact that final prices are 50% less than in the South.

Expected returns can give up to 30% or more in one year from plans to completion in the surrounding Kyrenia district with healthy rental returns should you wish to keep the property for holiday lets during the summer duration. The new up and coming area is East of Kyrenia, Esentepe, Bacheli and Tatlisu where the island’s first golf course is under construction and a large marina at planning stage. All the projects in this area are located close to the sea with the most stunning mountain backdrop and at a fraction of the price of more developed Mediterranean countries.

Property Development: Europe/EC has a reasonably stable economy at the moment and with the continent opening up, new opportunities arise as far as property investment is concerned. North Cyprus definitely falls into this category and people are already reaping the benefits of a fast developing region, so make sure that you too are one of the first. We only have to look around us today to see that money investment is a dodgy business with unstable share indexes and even banks closing, so the only real option left is property investment. It provides security and high steady long term growth, well it does in North Cyprus anyway so make sure that you consider it if you are contemplating property investment.

There is no doubt in my mind that Villas and apartments for sale in North Cyprus will provide potential investors with a quick or long term profit, and that the way to make the biggest profit is by going directly to the builder. This is where you are going to need a bit of advice and guidance, so that you come out with the best deal possible.

The recent increase in development has really put the north on the map and tourism is growing fast as package deals are put together to allow people to come and get the most out of this virgin part of Cyprus. There are certain issues still remaining between the governments of the North and South of Cyprus although enormous progress has been made recently through the help of the EC. One thing they do agree on the is free movement throughout the island for tourists, so you can really feel the adventure in Cyprus. To get more information and tips on property investment in North Cyprus, you should head over to CyprusInformer.com immediately.

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