Properties in North Cyprus: 5 reasons to buy

Many people decide to buy a property in North Cyprus. Why they do it is completely up to them. However, if you are thinking of buying a property in North Cyprus, but are not entirely sure, we would like to give you five reasons to buy a home in this Mediterranean paradise.

Reason #1: Affordability

With homes starting at £50,000, anyone can afford to buy a home or holiday property on the island of Cyprus. It’s not like some places where you’re expected to be a millionaire to get a piece of the best real estate. There are millionaire houses for those who want them, but there are also simpler and more affordable houses for the middle class. Having affordable housing is the number one reason why the economy in North Cyprus is so good right now.

Reason #2: Rent

Who doesn’t want to live on an island paradise? Cyprus is located in the Mediterranean Sea, hundreds of miles from all other civilizations. By purchasing a home in this location, you can enjoy a relaxing lifestyle that many people never see. From waterfront homes to country houses and even city life, there is something for everyone in North Cyprus properties. If exotic island living is on your list of must-haves, consider Cyprus for its wonderful island appeal, while also offering affordability to its inhabitants.

Reason #3: Economy

With the state of the economy in the US, it is not a good place to invest in property. Cyprus, on the other hand, has a booming economy that supports growth and development. By buying a property here, you will be guaranteed a good investment. In ten years, you could even end up making a huge profit if you decide to sell. With tourism, university income from its five faculties and other means of income, Cyprus wastes no time in showing off its successful economy.

Reasons #4 and #5 can be linked to Reason #2: Location.

With the affordability of property and the great state of the economy, why not live in a Mediterranean island paradise? It sure beats London or New York City. You will have the relaxed lifestyle that an island offers, with the family spirit of unity as a small country. Ultimately, there are no bad things to say about the North Cyprus property.