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.
Prominent holiday home investment markets such as North Cyprus produce high return benefits of approximately 4-5% per year for the coming ten years. This sort of revenue returns are set to stay for the foreseeable future, meaning North Cyprus will retain a stable economy and growth will continue in positive territory.
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
Apart from the increasing demand for tourism in Cyprus, there are many other factors that have come together in recent times leading to more favourable property investment opportunities. Above all it's membership into the European Union, it's resulting increase in trade, a thriving economy, higher standards of living, reduced taxation and an improved legal system have all done their bit to promote property investment in Cyprus.
Further more with the potential reunification of the North and South of the island, even more property investment opportunities will come about, as property prices in the Turkish North are a lot more cheaper than in the south of the island. On-going talks should lead to a future re-unification of Cyprus, so potential property investors should keep an eye on the unfolding political events in 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 increasingly challenging global financial climate causing investors to redefine objectives and returns, Cyprus is becoming an increasingly popular option for investors seeking a long term, more stable property investment. Mark Burns works for Offplanworld.tv, a UK based real estate company who specialise in off-plan investment property throughout the world's emerging markets, and who offer a wide portfolio of off-plan property in Cyprus. - 15266
Prominent holiday home investment markets such as North Cyprus produce high return benefits of approximately 4-5% per year for the coming ten years. This sort of revenue returns are set to stay for the foreseeable future, meaning North Cyprus will retain a stable economy and growth will continue in positive territory.
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
Apart from the increasing demand for tourism in Cyprus, there are many other factors that have come together in recent times leading to more favourable property investment opportunities. Above all it's membership into the European Union, it's resulting increase in trade, a thriving economy, higher standards of living, reduced taxation and an improved legal system have all done their bit to promote property investment in Cyprus.
Further more with the potential reunification of the North and South of the island, even more property investment opportunities will come about, as property prices in the Turkish North are a lot more cheaper than in the south of the island. On-going talks should lead to a future re-unification of Cyprus, so potential property investors should keep an eye on the unfolding political events in 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 increasingly challenging global financial climate causing investors to redefine objectives and returns, Cyprus is becoming an increasingly popular option for investors seeking a long term, more stable property investment. Mark Burns works for Offplanworld.tv, a UK based real estate company who specialise in off-plan investment property throughout the world's emerging markets, and who offer a wide portfolio of off-plan property in Cyprus. - 15266
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Discover these Cyprus Property Tips written by the renowned Tim Martins and check out his Cyprus Travel Blog
