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Tips On Buying A Villa In Northern Cyprus |
By:
Tim Martins |
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Tips On Buying A Villa In Northern Cyprus
Tim Martins
Latest migration statistics have revealed that more and more people are setting up home in Northern Cyprus and the top reason given was because of the weather. Well you may not have known that Cyprus achieves an incredible 300 blue sky sunny days each year. It is no tin pot island and is in fact the third largest island in the Mediterranean and it is Northern Cyprus that has had a great deal of success when it comes to property investment. You see the prices are still extremely stable but rising and on the back end you can easily rent it out throughout the year due to that beautiful weather.
You can find almost everything in North Cyprus and apart from the climate you also have lower all round prices, an ancient culture, very amicable locals and a safe and secure environment, making this the ideal place for property investment.
If you're after making a few quick thousand bucks in a few years then I will virtually guarantee you can do by buying a Villa in Northern Cyprus. If you look at the property market in Northern Cyprus you'll see that only 10% has been taken, so this gives you a great chance to make your money. Most people buy off plan, which is great because you buy your house cheaper, and when it's built which can take around 18 months to finish your sat on a great amount of money.
If anybody is presently asking me politely to put my money where my mouth is, well I already have and on several occasions. Northern Cyprus has been the answer to my investment dreams and I can only conclude by saying that my investments have appreciated and my mortgage is covered by just 14 weeks rental income. I have actually made so much more money on the rental income that I no longer have a mortgage to worry about back in the UK.
There are plenty of bargains to be had if you are buying second hand, you can buy 3 bedroom detached house with a private swimming pool, with a beach view for around 120,000, and my advice to you would be to go and snatch one of these up straight away. But make sure you never pay the full asking price, through my experience I would be putting in an offer of around 15% below the asking price. Normally they'll snap your hand off.
If you are on the verge of buying a property in Cyprus then make sure you have a look at the site at cyprusinformer.com for the very best in independent precise information. They also have a blog where you will find a whole bunch of articles which touch on all types of property and holiday aspects about Cyprus.
Discover this http://www.cyprusinformer.com/topchoice.htm) Content Packed Cyprus Villa Rental on-line magazine produced by the illustrious Tim Martins and check out this http://www.cyprusinformer.com/topchoice.htm/blog) Cyprus Travel Tips Blog
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Article Source: http://www.PopularArticles.com/article151979.html |
Article: Tips On Buying A Villa In Northern Cyprus
Author: Tim Martins
Total Views: 15
Word Count: 499
Category:
Home /
Real Estate
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