April 11, 2008

Why You Should Buy a Villa In Northern Cyprus

Northern Cyprus is becoming the in place to live in 4.jpgEurope, and one of the main reasons is  the weather. Cyprus can boast over 300 days a year of clear blue sky’s and glorious sun shine through out the year. Plus another great plus point about Cyprus is it’s the third largest Island in the Mediterranean. Another great reason why you should buy a villa in Northern Cyprus is because its cheap to buy and you have no problem in renting it out if you wish to.

Northern Cyprus just has about everything you can imagine, great weather all year round, the cost of living is cheap, rich culture, very friendly people, and what is great it offers the a very safely environment, so this makes a great place for investors to invest there money into property over here.

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.

I have bought several properties in Northern Cyprus over the last 3 years, and everyone who has been completed has made my family and myself a small fortune, and the best thing is now they are nearly always rented out through out the year. In fact I only have to get someone in for 14 weeks of the year and this pays for my mortgage, so it’s money in the bank all the way.

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 looking for more information on buying properties in Northern Cyprus or if you have a property which you’d like to rent out, then I would recommend this site www.cyprusinformer.com. If you fancy grabbing some incredible free advice they have a weekly newsletter which shows the best places to buy and how to o about renting out your villa in Northern Cyprus.

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