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Tuesday, August 4, 2009

Northern Cyprus - a buyers dream


We have just arrived back from Northern Cyprus following a one week fact finding mission in which we visited many of the new and existing property developments in Northern Cyprus.

We were very impressed with the quality and choice of properties for sale in Northern Cyprus not to mention the unbelieveable prices of some of the properties including resale properties.

Apartments for sale in Northern Cyprus start from as little as £24,000 for a 2 bedroomed apartment with mountain and sea views. We looked at a 5 bedroomed villa with large swimming pool and outside terraces including a seperate outdoor building that was currently being used as a granny flat on a donum of land for a mere £240,000 - what a bargain.

Prices in Northern Cyprus have a long way to go before they can catch up with their southern partners but I think obviously this will not happen until reunification or twin state status is applied to the island.

It's a great shame because the Northern Cypriots are a very friendly people and the area is beautiful with some magnificent properties and views.

If you are considering buying a property in Northern Cyprus then ensure that you use a lawyer and check that the title deeds are pre 1974 or if you are building on land ensure it is virgin land (never been built on before) other than that - I personally would have no hesitation on buying property in the north of Cyprus.

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