The Popularity Of Northern Cyprus Is Growing Every Year
- Jouni
- Feb 2, 2024
- 3 min read
Updated: Mar 19
In recent years, Northern Cyprus has started to appear more and more in the media in different countries, as there are several articles about Northern Cyprus - and specifically in a positive sense. I'm not surprised, because in addition to property price range and affordable living, Northern Cyprus is a uniquely beautiful Mediterranean island nation with plenty of space to be and breathe.
Pristine nature, magnificent mountains, crystal clear Mediterranean Sea, a special microclimate with different plant and animal species, friendly people, good and healthy local food... the list could go on for a long time, but the above are certainly the main reasons why people come to Northern Cyprus. And as I so often like to emphasize: Northern Cyprus, despite the increase in popularity, really has a lot of freedom, and this country is not a mass tourist attraction like southern part of the island or other Mediterranean destinations.
One rather interesting point of view has also been repeated in media articles in recent years. Northern Cyprus has been chosen as one of the best countries in the world to buy a home. The well-respected US financial magazine Forbes, whose last years' articles "5 Best Beachfront Buys For 2021", "4 Hot Markets For Overseas Property Investment" and "5 Affordable Places To Buy Property Abroad In 2024" - in every article Northern Cyprus is first on the list, leaving behind e.g. Brazil, Colombia, Montenegro and Greece!
In the latest article, Forbes highlights the best investment time to buy a property in Northern Cyprus. The best timing is in new properties that are in the off-plan phase or in the early stages of construction. In the North Cyprus housing market, it is very common for housing prices to be considerably lower when the project starts, and prices are raised as construction progresses towards completion. The price increase on average is approx. 40-60% during the construction, but we have many examples where the prices has gone up 100% and even more until the project has been fully finished.
In addition to its uniqueness, Northern Cyprus is therefore an excellent place for purchasing a property also from an investment point of view.
Why am I bringing this up? Well, let's think simply like this: isn't it better to own a property somewhere, where the value of the property is not subject to a strong decrease, but instead the outlook is good in terms of value increase? When later you possibly want to sell your property, it would be really miserable if the price you get for the property is much lower than what you have paid for it. Of course, this applies in exactly the same way to domestic housing transactions.
Despite Northern Cyprus investment potential, at the center of everything is your own Mediterranean home. A home should be one that you can be satisfied with, and where it's nice to return to - a place that you can't wait to see again! The surroundings of the home should also be taken care of, in terms of gardens, pool areas and everything else that increases general comfort. In addition, we strive to always work on development projects that offer something special and have a distinctive, sustainable idea.
An example of such a project is Health Center, which, in addition to apartments, focuses on providing a framework for a healthy and energetic life, as well as creating a community around like-minded people.
There are reasons why we are not involving to all the projects that are available in Northern Cyprus, or why we focus only on certain areas of the country, have been mentioned above. On the other hand, we have absolutely wonderful options available for different needs, and I believe that we will be able to help you find your dream Mediterranean home. ❤️
Welcome to explore unique Northern Cyprus with us!
Discover Northern Cyprus is Jouni, originally from Finland, who fell in love with Northern Cyprus at first sight years ago. Now I want to help You to find this maybe a bit less known country, which, in addition to its natural beauty, offers quality, relaxed living in the middle of magnificent landscapes.
We have a great and positive team who will help You in every possible way, so that your buying process is safe, secure and smooth.
Come with me and discover this real Pearl of the Mediterranean! Read more about Inspection Trip.
