Northern Cyprus Property Bargains

Summary: The exciting results of our investigation into whether or not property bargains still exist in Northern Cyprus (they do!)

Since Linda and David Orams and their barrister Cherie Blair won the latest round of their legal case at the High Court in London relating to the security of their property in North Cyprus, interest in investment property and holiday and retirement homes in Northern Cyprus has been intense.

This intense interest led us to investigate whether Northern Cyprus property bargains actually still exist…this article is the report of our positive findings.

First things first you’ll be glad to know that yes, it is still possible to find well appointed, well priced real estate in North Cyprus! 

The next thing to bear in mind is that properties are actually moving relatively fast and the North Cyprus hire car companies and hoteliers are enjoying something of an Indian Summer in terms of bookings as potential buyers fly in to snap up what’s available.

According to Wendy and Lorraine from the AboutNorthCyprus.com ‘British residents property finder service’ which helped us with our search for property bargains, those looking to spend as small an amount of money as possible and yet bag a desirable investment property or even holiday home should examine the apartment market first. 

Apartments with shared facilities are great for those seeking a holiday home for all the family to enjoy or to use to generate an income from the holiday rental market – alternatively apartments close to the main universities in North Cyprus rent quickly and easily to the thousands of students seeking well priced accommodation for about 9 months of the year.

We found a two bedroom apartment for sale for GBP 30,000 right in Kyrenia which has built in wardrobes, a parking space and access to a communal pool that would suit either of the above groups of purchaser.  Other alternatives include similarly appointed apartments across Kyrenia for between GBP 32,000 and 40,000.

Those determined to have a detached bargain property might like to consider a one bedroom bungalow which is on the market for GBP 34,500 and which comes with a roof terrace and access to a communal pool and which was actually the cheapest villa we could find! 

Or for those seeking something a bit more than just a cheap and cheerful holiday home and who actually require good build quality and even a property that is suitable for turning into a permanent home in Northern Cyprus there are some beautifully designed three bedroom villas (pictured) available for sale in Karsiyaka which are within walking distance of the sea and which come with access to a communal pool all for just GBP 69,900.

To get personal assistance with your hunt for property in Northern Cyprus you can contact Wendy and Lorraine from the AboutNorthCyprus.com British residents property finder service by clicking here.

SHARE: del.icio.us   Digg   Facebook   Google   Mixx   NewsVine   StumbleUpon   Technorati   YahooMyWeb