North Cyprus Property Investment
Why a North Cyprus Property Investment?
Take a warm climate, friendly people, beautiful surroundings, historic sites, and surround them with the warm Mediterranean sea. Add a newly refurbished airport, brand new golf course, fabulous water sports, and golden beaches, not to mention the pending EU membership and increased foreign investment. Now watch the price of property investments rise at up to 35% per annum, and you’ll see why a North Cyprus property investment is a lot more than just buying a place in the sun.
What property investment types are on offer?
Northern Cyprus offers a wide range of property investment opportunities, from smart city apartments to seaside villas, traditional houses with character to modern villas with every luxury. You can buy off-plan and book guests your new North Cyprus investment property with nothing extra to add or decorate, or take on the renovation of a tired property to bring it back to its former glory. The choice is yours. Any North Cyprus estate agent or developer will be happy to show you what’s available, and many offer free North Cyprus investment property inspection visits.
Want to read independent reviews of new property developments with serious growth potential in North Cyprus? Browse the Cyprus44 Property Development Reviews, request brochures on a wide variety of developments across the TRNC, including the development hot spots of Esentepe, Bogaz and Bafra.
Property North Cyprus Forum Board
The growth potential in North Cyprus Property Investments
North Cyprus property prices have already risen by around 25% over the last to years, but it is certainly not too late to secure a great deal, and some wonderful investment properties in North Cyprus. In addition, property prices in Northern Cyprus are about a third of those in the south of the island, and 25% of the rest of the Mediterranean area.
Rental returns on North Cyprus investment properties
On average, rental returns have risen at around 10% per annum in recent years, as the numbers of tourists visiting North Cyprus increase. Couple this with a long rental season of sixteen weeks, extended to year-round potential in the Esentepe region by the creation of the new golf course, and a Northern Cyprus rental investment property can very quickly start to pay for itself.
Other benefits of North Cyprus property investments
The whole process of buying a property in North Cyprus is based on the British model, so it is easy to understand. It’s this very British-ness, too, that attracts another growth market, those retiring to North Cyprus for the climate and low cost of living. Not every retiring couple want to buy a North Cyprus property, however. Instead, many prefer to rent their property, giving the smart North Cyprus property investor who buys with this market in mind potential long-term rental income with minimal hassle.
Looking after your North Cyprus property investment
There are several excellent North Cyprus property management companies who will be happy to manage all aspects of your North Cyprus investment property, from booking in guests to changing the linen and cleaning the property. A reliable company will also check your property every week, clear up after storms and oversee regular maintenance or emergency repairs. This allows the investor in Northern Cyprus to simply sit back and relax, wherever they live in the world!
Where can I find out more about North Cyprus property investment?
Simply browse our articles for more details and background information, such as “North Cyprus Property Rental” and “North Cyprus Title Deeds”.
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