A Guide to the Types of Property Available in North Cyprus


Published on Wednesday, November 03rd, 2004
Property Abroad » Property in North Cyprus

Summary: Whatever type of property you are after you are assured of realising your dream in North Cyprus.

Whatever type of property you are after you are assured of realising your dream in North Cyprus.

Why?

Because the market is young, dynamic and exciting and both the Government and property developers are keen to satisfy the investors coming to the island looking to set up home here - here’s a guide to the types of property available in North Cyprus.

If you cannot find exactly what you are looking for from the myriad of properties being advertised you will most likely find a piece of land you like and you can then appoint an architect and a constructor to design and build your dream home.

It would be beyond the scope of any guide to list every single type of property available so the following is simply a brief but broad spectrum of properties which offer good investment potential or fine living potential - from 30,000 pounds to 3,000,000 pounds whatever your budgetary and lifestyle requirements, trust in the North Cyprus property market to deliver!

Land/plot

Mountain plots of land are available that offer uninterruptible breathtaking views of the beautiful Mediterranean and the equally stunning Kyrenia mountain range.  Pieces of land are available on the sea shore or in olive groves and plots of land are available in the towns and villages of North Cyprus. 

North Cyprus is not over developed, it is not saturated with houses and hotels therefore it is still possible to find an incredible plot of land that would have been intensively developed anywhere else in the Mediterranean region already, or which would be for sale for millions of pounds and only in the financial range of a millionaire or property developer.

Ruin

From traditional town house to remote farm house, there are some stunning ruins and run down properties available at incredibly low prices in North Cyprus. 

With Italy, Spain and France having been explored already by expats in search of their escape from the rat race to the sun you need not fear, North Cyprus can still afford you a chance of achieving the dream.

If you want to create a rural self-sufficient lifestyle for your family or you want to turn a dilapidated retreat into your perfect idea of a Mediterranean home you will find the property of your dreams on offer in North Cyprus.

Villa

From three bed family homes to five, six or seven bed and bath luxury mansions, when it comes to villas in North Cyprus everything is on offer! 

If you want a modest house with a small pool and a manageable back garden moments from the sea shore you will find plenty on offer.  If you want a purpose built visually impressive and physically imposing luxury home with an infinity pool over looking manicured lawns and a fountain, they are being built here!

Apartment

From brand new simple holiday flats in the new harbour area or upper Kyrenia to the best placed well appointed Ozyalcin Palmiye site apartments for luxury living moments from the old harbour and town.

Exclusive apartment developments in North Cyprus are popular.  They offer everything from the shared luxuries of amazing swimming pools and well manicured gardens with the benefits of onsite shops, internet cafes and in some cases security and maintenance for extra peace of mind if you only holiday in your apartment a couple of times a year.

And very occasionally you can capture a true gem of an apartment minutes from the old harbour or a rare gem of an apartment overlooking the old harbour.

Cottage/Bungalow

From a traditional restored cottage in a pretty north Cypriot village set amongst fruit and olive trees and with unspoilt vistas over the surrounding area, to purpose built retirement bungalows with all the on site facilities you could desire, North Cyprus has it all.

If you are searching for a traditional Mediterranean white washed cottage with brightly coloured shutters, windows and doors surrounded by bougainvillea and jasmine you will most likely find such a property in one of the pretty villages sprinkled across the Kyrenia mountain range.  Here you will find peaceful, relaxed warm and friendly communities and a calm, serene, exclusive quality of life.

And if you are looking to retire to the sun you will find developments of practical, well built, and prettily designed bungalows.  You can choose your level of privacy and self sufficiency.  If you would like the practicalities of a bungalow coupled with your own private garden and pool you will not be disappointed.  Or if you prefer to remove the burden of pool cleaning and garden maintenance it is possible to buy a bungalow on an exclusive development with the benefits of fully maintained shared facilities.

With maintenance and general service costs so low in North Cyprus, shared facilities often offer far better value for money.

Commercial

If you are interested in investing commercially in North Cyprus or establishing your business here you will find shops, bars, restaurants, hotels, holiday village complexes, factory units and offices all available for purchase, rent or lease.  If you are after a purpose built commercial property for your business requirements it is possible to purchase or lease land on which you can then build to satisfy your requirements.

The North Cyprus Government also actively encourage inward investment and will afford you certain incentives if you bring your investment to North Cyprus.

As you can see the types of property available in North Cyprus are as diverse as the country is stunningly beautiful! 

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