Why North Cyprus
How to sum up North Cyprus ?
A year round sunny island that has been discovered by overseas buyers only in the last decade. It is a wonderful blend of the old and new world. Abundant with nature and a rich cultural history, North Cyprus has arrived in the modern world. Largely undeveloped, there is a perfect blend of modern facilities and yet you are always surrounded by fields, mountains, olive groves and all bathed in seemingly endless sunshine, and starry nights.
It seems that nothing is missing and there is something for everyone of all age groups. If you have previously visited established Mediterranean countries and you assume that North Cyprus will be the same, you would be wrong. There is a certain magic that captures the hearts of all our guests which you need to experience to understand. This magic is created by a combination of wonderful climate, outstanding natural beauty, a very high standard but low cost of living, a very friendly culture and above all, North Cyprus is a very safe place away from the crowds, congestion, high tax and stresses of modern life in established countries and cities.
Why North Cyprus
How to sum up North Cyprus ?
A year round sunny island that has been discovered by overseas buyers only in the last decade. It is a wonderful blend of the old and new world. Abundant with nature and a rich cultural history, North Cyprus has arrived in the modern world. Largely undeveloped, there is a perfect blend of modern facilities and yet you are always surrounded by fields, mountains, olive groves and all bathed in seemingly endless sunshine, and starry nights.
It seems that nothing is missing and there is something for everyone of all age groups. If you have previously visited established Mediterranean countries and you assume that North Cyprus will be the same, you would be wrong. There is a certain magic that captures the hearts of all our guests which you need to experience to understand. This magic is created by a combination of wonderful climate, outstanding natural beauty, a very high standard but low cost of living, a very friendly culture and above all, North Cyprus is a very safe place away from the crowds, congestion, high tax and stresses of modern life in established countries and cities.
Cost of Living North Cyprus
North Cyprus offers an extremely low cost but high standard of living. When considering an average basket of goods plus property and vehicle costs in most established countries, it can be demonstrated that one can live in North Cyprus for over 30 years for the same cost for 10 years in established countries in Europe.
In addition, property prices are more than 50% lower than established Mediterranean countries for equal quality, locations and views.
North Cyprus Investment Performance
“North Cyprus, the number one place to invest 2021” – Forbes February 2021
Forbes and thousands of foreign investors and residents have discovered North Cyprus not only for its natural beauty but for its extremely attractive and low property prices. The North Coast, where The Resort is located, has enjoyed a capital growth rate of over 20% per annum and a rental income return of 8-10%. Alternative seaside projects close by have achieved sales prices between £2200 – £5,000 per sqm. The Resort launch prices start from £1,400 per sqm and are therefore almost 35% lower than competing projects.
Furthermore, The Resort offers buyers the opportunity to buy over a long term with interest free credit. Such a financial facility substantially increases the returns stated above.
We confidently claim that there is unlikely to be any property investment worldwide that matches the investment attractions of The Resort. Our predictions of capital growth of over 15% pa PLUS rental income of over 8% pa can reasonably be justified based on our detailed demand and supply analysis (full details can be provided on request).