Buying a property in Northern Cyprus is a growing trend. And why not? The economy is great, home prices are affordable, and the location is a dream for many. Where else can you live on an island paradise in the middle of the Mediterranean Sea for around GBP 50,000? Sure, most houses won’t be that cheap, but imagine if you were to spend GBP 200,000 on a house in London, why not spend it on an island retreat? Cyprus has a lot of business, a very strong economy, and the laid-back feeling that all islands offer.
Buying in the Northern Cyprus property market can be tricky if you’re not sure what you’re getting into. You need to research property and real estate until you find all the information you need to know about owning a home in Cyprus. You should also check out the different real estate companies and find one that is willing to help you every step of the way in your search for a house in Cyprus. What good is a real estate agent if he’s just going to shove properties down your throat and not listen to what you really want?
There are many different types of property available in Cyprus. Whether you’re looking for a beach retreat, a cute country cottage, or just a typical suburban home, there’s something for everyone. Even for city dwellers, Northern Cyprus offers city living with that island feel that no one can pass up. All houses vary in price and can cost up to GBP 90 million for the largest and most extensive properties on the island. However, there are more modest traditional houses on the island that everyone can afford, not just the super-rich.
The property market in Northern Cyprus is in perfect condition to buy at the moment. The economy is excellent, the country is stable, and the cost of living is very affordable. It doesn’t matter if you are looking for a permanent residence, an investment or a holiday home, moving to Cyprus is a great idea.