Cyprus Villas - Golden Investment Opportunities

Posted on November 22, 2008 @ 10:37 pm

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.

Those people who have managed to buy direct from the builders have been making up to a 30% value increase on the day of signing. Kyrenia is the area where things are really developing as far as tourism is concerned, and in the summer you would be more than happy to be a holiday rental villa owner. The most recent of projects in this region is at East Kyrenia, where they are completing a major golf complex and a stunning marina. This popular area of North Cyprus is close by to the beach and it has mountains overlooking it, and the most amazing thing is that land prices here are just a fraction of those of other developing Mediterranean countries.

Property Development: Property is no longer considered an ‘alternative investment’ but a way of reaching excellent returns on initial capital. Northern Cyprus is at the beginning of the growth potential spectrum and therefore can provide excellent returns in a very short period of time. Investment in property is now widely recognized as an excellent way of achieving outstanding returns on initial capital. North Cyprus is just embarking upon its property boom, and thus constitutes a prime opportunity for investors to enjoy a very high return on investment in a relatively short period of time.

Villas and apartments for sale in North Cyprus can provide many unique and lucrative investment opportunities for budding property investors. However keeping reliable relationships with some of the most widely-used developers and construction companies on the island is essential in order to kept abreast of the best investment packages and high-value projects available at any given time.

North Cyprus is an extremely popular tourist destination now due to it’s recent quick development and the interest shown by the tourist industry, allowing people to explore and discover the unspoilt side of Cyprus. Although there are still some unresolved differences between the north and the south, they do though agree on the importance of further development and freedom of movement for all tourists. This really is something worth considering so if you need any further information then I suggest that you take a look at a website at CyprusInformer.com as soon as possible.

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