northern cyprus property sales |
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cyprus ayia napa |
apartments northern cyprusWhatever form of Cyprus property investment you are looking from, from villas and apartments to fly-to-let, you'll find it here.
The first happening which is strongly predicted to have a big impact is that Cyprus drops the Cypriot Pounds, and adopts the Euro currency permanently. Historically, when this happens, there is often a perceived hump of extreme inflation, following the taking up of the new currency. Two countries which can attest to this are Germany and the Republic of Ireland. Many investors are convinced that Cyprus will follow in this trend and that everything --- from household groceries to property --- will follow by taking a huge jump overnight, in the few weeks following the adoption of the Euro. Get up in the morning when you want, eat when you like and come in at whatever time suits you. No more set meal times or queuing up for dinner when someone else dictates. A luxury Cyprus apartment gives you the total freedom to come and go just as you like leaving you free to get on with your holiday. Many Cyprus apartments will also have their own exclusive pool area too so you can enjoy a dip whenever you like and you won't have to get up early to reserve a sun lounger either. Specifications of North Cyprus properties are generally high, so you really can just move in once the apartment is ready. Most properties feature a fitted kitchen, double glazing, ceramic tiling, built-in wardrobes, and provision for water storage, plus shared use of onsite facilities. (The Pine Villas complex, for example, has a large communal pool and children's swimming pool for the 65 villas on site.) The property package includes white goods but not air conditioning, a must in the North Cyprus summer heat. Some properties offer only the pipework, or only install air conditioning in the main bedroom and living space. The elegant Art deco style apartments at the Turquoise Bay Golf and Spa Residence feature both air conditioning and white goods as standard, plus all pipework for central heating, another essential element for year-round rental potential. The site boasts a range of amenities that are fast becoming 'must-haves' on any new North Cyprus development, including a selection of swimming pools, a fitness centre and saunas, plus a restaurant (or, elsewhere, residents clubhouse). Property writer Kevin Moore told Ready2Invest this week that Cyprus properties in small villages on the coast can be bought for 50 per cent less than in the traditional tourist honeypots.He said: "We aren't talking about tens of miles here, because there are still lots of unspoilt villages dotted along the coast within a short car journey of the larger towns." With the huge growth of the internet holiday market more people are "building" their own holiday packages, booking flights and accommodation through separate sources rather than taking a traditional package tour. Many Cyprus property owners have tapped into the lucrative holiday rental market for themselves through letting agents. Cutting out the traditional forms of accommodation packages and the tour operators at the same time. Bad news for the hotel and apartment complex owners and many of them are finding themselves left high and dry with dwindling bookings year on year. Some of the more astute hotel and apartment owners have bucked the trend using the "if you can't beat them join them" philosophy turning the situation to great financial advantage. Not every one can be a winner however and there are indeed many losers who are unable to get on this Cyprus property development merry go round. Anyone visiting Cyprus recently can not of missed the sudden increase in the price of some foods and other basic essentials such as milk for example. To the visiting tourist eating out or dining in the hotel these increases may not be immediately obvious, but when their wages are still amongst some of the lowest in Europe the Cypriots will be feeling the difference every day. Moreover whilst many comparatively wealthy foreigners can still afford to cash in on the Cyprus property development boom most Cypriots are fast losing hope of ever being able to have enough money to buy a house in their own country. Property prices have always increased overall and holiday home hotspots like Cyprus have seen some dramatic growth in the past few years. No one will ever tell you that property is not a great investment (if they do test their sanity) and although there are often dips the overall picture has always been one of steady growth. Already the ripple effect from this major investment is being felt throughout the Bafra region. The Thalassa Beach Resort at Bafra is being heavily marketed by one of the UK's top estate agents, Savills, and aims to cater for the luxury end of the North Cyprus property market, a sure sign of confidence in the area's future growth and stability. Advanta Investment's Bafra Beach Resort offers stylish apartments in elegantly designed blocks right next to the Artemis Resort itself, so rental clients are close to facilities without paying the resort prices.
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