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North Cyprus Villas...Golden Investment Opportunities

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Written by Tim Martins

Thursday, 24 April 2008

by TimMartins

Northern Cyprus having been off the international map for 30 years has returned to the fore-front of smart investor minds since the UN's attempt to re-unify the island on May 1st 2004. Despite the fact that re-unification attempts failed to unite the island Northern Cyprus hit the press and people started to realize there was a whole different side to Aphrodite's island. The southern part of Cyprus is far better known by British holiday makers and investors but is often criticized for having become over commercialized and very expensive.

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.

Expected returns can give up to 30% or more in one year from plans to completion in the surrounding Kyrenia district with healthy rental returns should you wish to keep the property for holiday lets during the summer duration. The new up and coming area is East of Kyrenia, Esentepe, Bacheli and Tatlisu where the island's first golf course is under construction and a large marina at planning stage. All the projects in this area are located close to the sea with the most stunning mountain backdrop and at a fraction of the price of more developed Mediterranean countries.

Property Development: This has probably become the best way to earn quick profits in modern times as Europe has really opened up. The growth increase has just started in North Cyprus so you could say that things have just begun and it's just like anything else...The pioneers make the biggest profits. Property investment has caught on fast over the last few years as it becomes the most secure method of making money, especially as banks start to close their doors. North Cyprus is not only a secure place for investment, it will make you rich so make sure you get your foot in the ladder quick.

There is no doubt in my mind that Villas and apartments for sale in North Cyprus will provide potential investors with a quick or long term profit, and that the way to make the biggest profit is by going directly to the builder. This is where you are going to need a bit of advice and guidance, so that you come out with the best deal possible.

The recent increase in development has really put the north on the map and tourism is growing fast as package deals are put together to allow people to come and get the most out of this virgin part of Cyprus. There are certain issues still remaining between the governments of the North and South of Cyprus although enormous progress has been made recently through the help of the EC. One thing they do agree on the is free movement throughout the island for tourists, so you can really feel the adventure in Cyprus. To get more information and tips on property investment in North Cyprus, you should head over to CyprusInformer.com immediately.

About the Author:

Discover this Free Cyprus Villa Rental on-line magazine produced by the Holiday Critic Tim Martins and check out this Cyprus Travel Tips Blog

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