Why should you choose to invest in property in Northern Cyprus over other destinations such as France or Spain? Put simply, property prices are significantly cheaper in Northern Cyprus, compared to anywhere else around the Mediterranean. Whereas for a detached 3-bedroom villa overlooking the Mediterranean on the Spanish coast you have to pay 180,000€ or more, a similar villa in Northern Cyprus is available for under 100,000€. Even prices in Southern Cyprus are 50%+ higher than in Northern Cyprus!
North Cyprus is one of the best locations for Property Investment. Not only is property in Northern Cyprus a good value for your money, but it is a sound investment too. The area is currently experiencing a property boom, with growth potential over the next decade set to offer a good ROI (Return Of Investment). There are no restrictions on renting out property in North Cyprus either, and with the incumbent TRNC Government backing the development of tourism in North Cyprus, letting out your property to increasing numbers of sun seekers should be a breeze.
If this isn't reasonable enough to invest in North Cyprus property, the cost of living here is one of the lowest of any country bordering the Mediterranean Sea . Prices of supplies and organic produce are substantially less than in the UK, and are often of comparable or better quality.
Warm sunny weather, bargain property prices and phenomenal growth potential - what more do you need? Northern Cyprus is the ideal location to invest in property!