North Cyprus is an island full of historical culture and beholds a unique beauty and has become very popular with holidaymakers from all over Europe. With sunny days exceeding 300 per year and offering loads of sandy beaches right along its coastline, it isn't hard to see just why so many tourists have fallen in love with North Cyprus.
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Although Cyprus has been popular with holiday home investors for quite a few years now, the rise in developments on the island has also increased, keeping up with the high demand. There a whole range of deciding factors that have made all of this possible including favourable tax conditions, a high standard of living and a very healthy tourist industry. Today's property investors are not just seeing Cyprus as favourable choice, but also as one of Europe's top property investment region
As well as the obvious attraction of the increasing demand for tourism on the island, there are a number of other factors which have aligned in recent time to present a more favourable investment opportunity. In particular, Cyprus' accession to full membership of the European Union (and the increased trading opportunities associated with this) has produced a vibrant and thriving economy, which coupled with the high standards of living and favourable tax conditions present a strong fiscal case for investing property in Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
High quality projects being developed throughout the north of the island are already on the rise with destinations such as Catalkoy and Bogaz, which have already become an immediate success. Once re-unification is confirmed, such development processes are likely to grow fast as everyone knows that prices in the north will rise to those prices found on the south of Cyprus
With the global financial crisis on the table, property investors have difficult decisions to make regarding financial objectives, but North Cyprus is definitely a holiday home investors paradise. Mark Burns of Offplanworld.tv, a property company based in the UK specializing in off-plan investment holiday homes in global emerging markets, has a whole range of intersting off-plan holiday homes in North Cyprus. - 16759
Such prominent property investment markets like Cyprus reap high return benefits of around 4-5% per year for the coming ten years. This type of revenue returns seem set to carry on for the foreseeable future, meaning Cyprus will retain a stable economy and growth will continue in the right direction.
Although Cyprus has been popular with holiday home investors for quite a few years now, the rise in developments on the island has also increased, keeping up with the high demand. There a whole range of deciding factors that have made all of this possible including favourable tax conditions, a high standard of living and a very healthy tourist industry. Today's property investors are not just seeing Cyprus as favourable choice, but also as one of Europe's top property investment region
As well as the obvious attraction of the increasing demand for tourism on the island, there are a number of other factors which have aligned in recent time to present a more favourable investment opportunity. In particular, Cyprus' accession to full membership of the European Union (and the increased trading opportunities associated with this) has produced a vibrant and thriving economy, which coupled with the high standards of living and favourable tax conditions present a strong fiscal case for investing property in Cyprus.
The futures investment market is gleaming due to the credible reunification of the North and South of the island, as even more holiday home investment opportunities will come onto the market, as holiday home prices in the Turkish North are even cheaper than those in the south of the island. Current dialogue should unfold a final re-unification of Cyprus, so potential holiday home investors should watch out for the resulting political events in North Cyprus.
High quality projects being developed throughout the north of the island are already on the rise with destinations such as Catalkoy and Bogaz, which have already become an immediate success. Once re-unification is confirmed, such development processes are likely to grow fast as everyone knows that prices in the north will rise to those prices found on the south of Cyprus
With the global financial crisis on the table, property investors have difficult decisions to make regarding financial objectives, but North Cyprus is definitely a holiday home investors paradise. Mark Burns of Offplanworld.tv, a property company based in the UK specializing in off-plan investment holiday homes in global emerging markets, has a whole range of intersting off-plan holiday homes in North Cyprus. - 16759
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Read these Cyprus Property Tips written by the illustrious Tim Martins and check out his Cyprus Holiday Blog
