North Cyprus is one of the fastest growing, profit making markets in the Mediterranean. Whether the reason for buying is for a second home, to relocate or just a buy to rent investment, North Cyprus has a large choice of Villas, Bungalows and apartments at affordable prices.
In comparison to Spain a 3 bedroom villa on the Mediterranean coast line would cost at the minimum 200,000 English pounds. The same villa in North Cyprus would start at a price of 110,000 English Pounds.
Almost all of North Cyprus villas and apartments have the views of the Kyrenia mountain range and the Mediterranean Sea which is priceless. Also the TRNC government enforces a strict property law that protects North Cyprus against overdevelopment which is another advantage to buy on this side of the Island.
The cost of living is cheaper in Northern Cyprus than in any other country in the Mediterranean. Local products or imports from Turkey are generally cheaper which includes all fresh fruit and vegetables. All local products, alcohol, cigarettes and dining out are exceptionally good value for money in comparison to the U.K and Europe. |