Start investing in property in Northern Cyprus

A really popular place to live right now in Europe is Northern Cyprus and most would say it’s because of the climate there. Cyprus has an incredible 300 days of blue skies and sunshine during a normal year. Cyprus is the third largest island in the Mediterranean and Northern Cyprus has also become a popular place to buy villas as the prices are very reasonable and you have excellent rental possibilities almost all year round due to the perfect weather all year round. anus.

You can find almost everything in Northern Cyprus and besides the climate, it also has lower prices in all aspects, an ancient culture, very friendly locals and a safe and secure environment, which makes it the ideal place for investment. real estate.

If you are just looking for a quick return or even a long-term investment, you need look no further than buying a villa in Northern Cyprus. You will be surprised at the amount of development that is still going on there and this will only give you the confidence you need. The smartest way to make money is to buy off-plan and that way, when you’re done in about 18 months, you’ll already have made a huge profit.

I wouldn’t tell you all this if I couldn’t back it up, but I have bought several villas in North Cyprus in recent years. The bottom line from my investments is that each villa has appreciated by an average of 25% per year and I only have to rent them for an average of 14 weeks a year to cover the monthly mortgage payments. Not only that, but I’ve managed to pay off my UK mortgage in just 3 years, so I’m a winner on all fronts.

The resale property market also has plenty to offer and the average 3 bed 2 bath villa with private pool and sea view can be had for as little as £120,000 so keep an eye out for this type of offer as don’t stay long. The best advice I can give you at this stage would be to always make an offer about 15% below the asking price and you will be in business.

Making this kind of decision is not always easy, so if you need more information and I mean completely independent information, head over to a great website at cyprusentendre.com and educate yourself. You will get great tips and advice on all things Cyprus and the blog will point you in the right direction.

about author

admin

[email protected]

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

Leave a Reply

Your email address will not be published. Required fields are marked *