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.
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.
Apart from just investing in a property in Northern Cyprus which will soon appreciate in value, you are also looking at a fixed monthly income through the rentals. This area of Cyprus is in a prime period of growth and is luring many experienced property investors, so you can be quite sure that your investment is safe. A lot of people tend to buy off-plan, which means that by the time it has been finished you will already have made a big fat property.
I wouldn't be telling you all this if I couldn't back it up, but I have bought several villas in Northern Cyprus over the last few years. The conclusion to my investments is that each villa has appreciated by an average of 25% per year and I only have to rent them out for an average of 14 weeks per year in order to cover the monthly mortgage repayments. Not only that, but I have managed to clear my UK mortgage in just 3 years, so I am a winner on all fronts.
The second hand property market also has plenty of bargains to offer and an average 3 bedroom, 2 bathroom villa with private pool and sea view can be picked up for as little as 120.000 pounds sterling, so keep your eye for this type of offer as they don't hang around for long. The best tip I can give you at this stage would be to always make an offer about 15% under the asking price and you're in business.
Making this kind of decision is not always easy so if you need more information and I mean completely independent information, then head over to a great web site at cyprusinformer.com and get informed. You will pick up some great advice and tips on every aspect regarding Cyprus and the blog will guide you in the right direction. - 15359
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.
Apart from just investing in a property in Northern Cyprus which will soon appreciate in value, you are also looking at a fixed monthly income through the rentals. This area of Cyprus is in a prime period of growth and is luring many experienced property investors, so you can be quite sure that your investment is safe. A lot of people tend to buy off-plan, which means that by the time it has been finished you will already have made a big fat property.
I wouldn't be telling you all this if I couldn't back it up, but I have bought several villas in Northern Cyprus over the last few years. The conclusion to my investments is that each villa has appreciated by an average of 25% per year and I only have to rent them out for an average of 14 weeks per year in order to cover the monthly mortgage repayments. Not only that, but I have managed to clear my UK mortgage in just 3 years, so I am a winner on all fronts.
The second hand property market also has plenty of bargains to offer and an average 3 bedroom, 2 bathroom villa with private pool and sea view can be picked up for as little as 120.000 pounds sterling, so keep your eye for this type of offer as they don't hang around for long. The best tip I can give you at this stage would be to always make an offer about 15% under the asking price and you're in business.
Making this kind of decision is not always easy so if you need more information and I mean completely independent information, then head over to a great web site at cyprusinformer.com and get informed. You will pick up some great advice and tips on every aspect regarding Cyprus and the blog will guide you in the right direction. - 15359
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