Northern Cyprus: The latest real estate investment hotspot in the Mediterranean
If only he had had the foresight to buy an investment property in Spain, the South of France, Tuscany or Malta twenty years ago, when property prices were so low because the desirability of the destination had not yet been exposed. . if only …
Many people believe that the most beautiful places in the world are the countries in and around the Mediterranean Sea: think of Spain, Malta, Turkey, Egypt, Sardinia, Italy, Morocco and Tunisia. They are all nations synonymous with a fantastic climate, a wonderful quality of life, excellent cuisine, friendly and relaxed people… Naturally, the Mediterranean countries are the most popular among those seeking a sun-kissed holiday, a beautiful place to retire. . or the perfect place to buy a property that will increase in value, be easy to rent and easy to resell. But many have already missed the boat on affordability.
Properties on the most popular islands in the Mediterranean Sea and in the most desirable locations start from a quarter of a million pounds and range into the tens of millions. So will the average real estate investor, second home seeker, or retiree looking for an affordable place in the sun be sorely disappointed?
That is unless they discover the secret delicacies of Northern Cyprus…
Northern Cyprus is the secret and undiscovered third of the island of Cyprus that has been left untouched, untouched and unsullied by the greed of the 1970s and 1980s, has escaped the overdevelopment and mass tourism of the 1990s and has emerged in the new millennium. like a jewel in a saturated and overvalued market.
Properties in North Cyprus start from just GBP 60,000 for a duplex apartment in a resort on a championship golf course! North Cyprus is truly the latest real estate investment hotspot in the Mediterranean and will not remain undiscovered for long. While the government is committed to preserving the island’s beauty and culture and is determined to prevent it from becoming overdeveloped and tarnished, the sympathetically developing properties are attracting the attention of international real estate investors, retirees, those looking for a second home and those looking to afford to start an exciting new life in the sun.
The number of visitors to Cyprus is increasing rapidly; Large international developers are discussing many projects, from seven-star hotels and luxury resorts to more golf courses, marinas and even the promotion of the higher education establishments for which North Cyprus is already famous. The demand for properties for sale and rent comes from the large student base, but more importantly it comes from retiring Europeans, young families and couples, tourists, those in need of a second home and even investors. corporate.
Property in North Cyprus will not remain so affordable for so long: firstly, the demand for property for sale is outstripping current supply and builders cannot keep up with the demand; Second, prices are already rising and financing is available privately, expanding the number of people who will. be able to enter the market. As demand skyrockets and supply remains constant and constrained by high government standards, prices rise and will continue to rise… making the North Cyprus real estate market one of the most popular in the world. If only you had had the foresight to buy an investment property in Spain, the South of France, Tuscany or Malta twenty years ago, when property prices were so low because the lure of the destination had yet to enjoy exposure … if only…
Many people believe that the most beautiful places in the world are the countries in and around the Mediterranean Sea: think of Spain, Malta, Turkey, Egypt, Sardinia, Italy, Morocco and Tunisia. They are all nations synonymous with a fantastic climate, a wonderful quality of life, excellent cuisine, friendly and relaxed people… Naturally, the Mediterranean countries are the most popular among those seeking a sun-kissed holiday, a beautiful place to retire. . or the perfect place to buy a property that will increase in value, be easy to rent and easy to resell. But many have already missed the boat on affordability.
Properties on the most popular islands in the Mediterranean Sea and in the most desirable locations start from a quarter of a million pounds and range into the tens of millions. So will the average real estate investor, second home seeker, or retiree looking for an affordable place in the sun be sorely disappointed?
That is unless they discover the secret delicacies of Northern Cyprus…
Northern Cyprus is the secret and undiscovered third of the island of Cyprus that has been left untouched, untouched and unsullied by the greed of the 1970s and 1980s, has escaped the overdevelopment and mass tourism of the 1990s and has emerged in the new millennium. like a jewel in a saturated and overvalued market.
Properties in North Cyprus start from just GBP 60,000 for a duplex apartment in a resort on a championship golf course! North Cyprus is truly the latest real estate investment hotspot in the Mediterranean and will not remain undiscovered for long. While the government is committed to preserving the island’s beauty and culture and is determined to prevent it from becoming overdeveloped and tarnished, the sympathetically developing properties are attracting the attention of international real estate investors, retirees, those looking for a second home and those looking to afford to start an exciting new life in the sun.
The number of visitors to Cyprus is increasing rapidly; Large international developers are discussing many projects, from seven-star hotels and luxury resorts to more golf courses, marinas and even the promotion of the higher education establishments for which North Cyprus is already famous. The demand for properties for sale and rent comes from the large student base, but more importantly it comes from retiring Europeans, young families and couples, tourists, those in need of a second home and even investors. corporate.
Property in North Cyprus will not remain so affordable for so long: firstly, the demand for property for sale is outstripping current supply and builders cannot keep up with the demand; Second, prices are already rising and financing is available privately, expanding the number of people who will. be able to enter the market. As demand increases and supply remains stable and constrained by high government standards, prices rise and will continue to rise… making the North Cyprus real estate market one of the most attractive in the world.