North Cyprus Properties – 8 reasons to buy one

North Cyprus is the new  Mediterranean property hotspot!  With buyers from the

UK, East and West Europe, Scandinavia and the Middle East increasingly lining

up to buy a North Cyprus villa or apartment.

This article explores the 8 top reasons for this – so read on for news about how

YOU can benefit from a secure, low-cost yet fast-rising North Cyprus  property

investment  in this unique non-Euro-zone economic area with an international

population of residents from all over the world.  

Non Euro-zone

The non Euro-zone status of Northern Cyprus, previously seen as a DIS-

incentive to many, has recently become a huge bonus and sales point for

overseas property buyers. All North Cyprus property prices are linked to the

stable pound sterling which is the de facto international currency in the TRNC,

where shops and restaurants also widely accept the pound as well as the

Turkish Lira. By contrast, many other Mediterranean property destinations

(such as Spain, Greece or South Cyprus) are all priced in euros which have

fallen in value recently. In addition, the unstable nature of the Greek banking

system which obviously affects both Greece and  southern Cyprus  is putting

investors off from investing generally in those countries. In North Cyprus,

investors and lifestyle property buyers have “the best of both worlds” – getting

their property value fixed to a stable currency whilst also gaining a low cost of

living (due to favourable exchange rates against the Turkish Lira), which makes

eating out, shopping or furnishing a new North Cyprus property extremely

affordable. In addition, the stable Turkish banks in North Cyprus offer great

rates of interest for both pound and lira deposit accounts. For all these

reasons,  buying property  in non Euro-zone North Cyprus is a great investment.

Cyprus Climate 

The North Cyprus climate is a huge incentive to those wishing to buy property

overseas. North Cyprus offers on average 340 days of sun per year and the

warmest winter temperatures of anywhere in the general European area, being

also warmer than Turkey. This makes the TRNC attractive both to those coming

from cooler countries such as the UK, as well as to those ex-pats and native

residents of the hotter Middle Eastern countries such as UAE, Bahrain and

Oman who want their own villa or apartment in a milder climate! North Cyprus

summer temperatures in July and August rarely exceed 38C and the winter is

mild with frost almost unheard of. Unlike the Middle East, Cyprus offers four

distinct seasons, all offering unique attractions with the lush green Spring

particularly beautiful and attracting many nature-lovers, wild-flower

enthusiasts and walkers. Many ex-pat  property investors  from Europe love the

Cyprus spring and autumn with April – June and September – November

particularly popular. Cyprus climate is ideal for golf for almost all the year and

North Cyprus offers golf properties at a very reasonable price close to the

brand new 18 hole Korineum Golf Course.


Communications

There are two major airports in Cyprus: Ercan (Lefkosa) in the Northern part

and Larnaca Airport in the south of Cyprus. Any property seeker with either a

European or Commonwealth passport, or Schengen visa is free to enter via the

global hub of Larnaca airport, which offers fabulous connections all over the

world. Ercan airport in the North of Cyprus requires no advance visa and is

therefore ideal for those non-Schengen nationals who can easily and

affordably arrive via Turkey. Flights from the south of Turkey to Ercan take

only 40 minutes. Cyprus is geographically exactly halfway between the UK and

the Middle East, making it a perfect vacation property base for ex-pat residents

of either area. In fact, it is halfway geographically, climatically, and culturally

and provides an ideal starting point to explore the Middle East, Turkey, North

Africa and beyond.

You are ALL welcome

Yes that’s right, almost every passport holder in the world can enter or live in

North Cyprus with no advance visa required. Not only that, but almost

everynational can also buy property in the TRNC! Once you have an address,

you can easily apply for North Cyprus Residency, which is renewable annually

as long as you can prove your ability to support yourself financially and that

you have no communicable or serious diseases. This visa flexibility in

Northern Cyprus is what makes the TRNC very attractive to those from many

countries across the world for property investment as well as for study at one

of the many Universities in Northern Cyprus which teach in English. Please

check with your travel agent or local Turkish Embassy prior to booking your

travel to North Cyprus – occasionally you will need to apply for an advance

visa for Turkey if you are arriving into North Cyprus to view property via

Turkey, into Ercan Airport.

Price of Property

North Cyprus property is far more affordable than Turkey and many other

Mediterranean locations for the same standard of property. It is also more

exclusive, offering a unique island atmosphere. Some property investors who

compare North Cyprus with either the south of the island or Turkey find that

although prices may initially look similar, they get far better quality and a better

beachfront location for the same price as they do in more crowded locations in

those other countries.

Rich Culture

Northern Cyprus offers a unique blend of history, fabulous cuisine, Turkish

culture and classical music and other festivals. Where else in the

Mediterranean can you find, in such a close proximity,  annual classical music

festivals  against the backdrop of the hauntingly beautiful Bellapais Abbey, a

unique Turkish Cypriot cuisine with a wide selection of world-class North

Cyprus eating places, traditional craft and other local festivals, and a rich


history of ancient castle, tombs and sites thousands of years including Greek

temples, Roman cities, Persian Palaces, Crusader castles and much more! In

addition, the natural beauty of the Karpaz wilderness and the Besparmak

mountains which rise up behind Kyrenia, “the jewel of the Mediterranean”

leave most first-time visitors to North Cyprus realising they have unwittingly

started a love affair which will become a life-long passion. It is this passion

which leads many North Cyprus property seekers to buy their little part of

heaven and come back year after year to their North Cyprus home.

Unspoilt Nature

North Cyprus offers all of the brand new facilities which property owners

and  holidaymakers  require, but is at the same time retains a lovely, unspoilt

environment in which to enjoy your holiday or retirement in the TRNC. The

unspoilt, natural charm of the traditional countryside villages and the lovely

welcoming nature of the Turkish Cypriot people are very appealing to property

buyers. Many North Cyprus villa and apartment complexes have as a backdrop

the rapidly rising Besparmak (Five Finger) mountain range which sweeps down

to the north coast beaches beyond. TRNC property investors have the choice

between city properties with easy access to the charming Kyrenia Harbour with

its “Monte Carlo”-style nightlife, restaurants, casinos and yachts, or a

beachfront or mountainside property in a village or the countryside surrounded

by fields, olive or carob groves and local character yet with many only 20-30

minutes’ drive from the buzzing city. Even many town-centre properties in

North Cyprus have views to the mountains and can enjoy the floodlit St.

Hilarion Castle at night, perched on the mountaintops behind Kyrenia. Unspoilt

natural beauty is never far away for a North Cyprus property owner, whether

you choose the north coast, east coast or west coast as your preferred

location. The popular east coast near to Famagusta and the unspoilt more

distant Karpaz Peninsula offer long stretches of sandy North Cyprus beaches,

whilst the less developed west coast is great for water sports and kite-surfing,

fuelled by the favourable winds on that side of Cyprus. Whatever type of

environment you love, you will find it in North Cyprus.

State of the Art facilities

If you are seeking a North Cyprus property as a base for your own lifestyle or

retirement, you will no doubt wantto know what activities you can enjoy. The

great news is that there has been huge recent investment into both new

marinas and a brand new 18 hole golf course.  The Karpaz Gate Marina  on the

Cyprus “pan-handle” is now attracting yacht owners from all over the world

and offers a high-end range of shops, banks and other facilities. In addition,

there are two marinas in Kyrenia and others planned. Golfers enjoy the

challenge of the  Korineum golf course  perched on the hillside close to Kyrenia

and with stunning views over the Mediterranean. This North Cyprus 18 hole

green and world-class driving range also offers a luxurious clubhouse,

restaurants and spa which is open to non-members. If shopping is what you

want to do during your holidays or visits to North Cyprus, you will not be

disappointed by the range of clothes, jewellery and other stores in Kyrenia and

the main Dereboyu shopping area of North Nicosia (Lefkosa). North Cyprus


also offers much for the younger visitors in terms of turtle watching in the

summer, water-parks, paint-balling, bowling and go-karting centres as well as

wonderful beaches to play on all day long.

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