I am in a little denial having not bought any properties in the prestigious South France, Spain, Malta, and Tuscany when real estate in these areas where still very affordable and its desirability as still unexposed. If only I had the strong foresight.

The areas around the Mediterranean Sea specifically Turkey, Spain, Malt, Tunisia, Morocco, and Egypt are what people believe to be the world’s most wondrous places to be. These areas are where you can find a desirable climate, eccentric cuisine, down to earth people, and great quality of life. People naturally look at these areas as vacation spots where they can drench under the sun as well as amazing placing to spend the holidays and retire into. The properties in these areas are so convenient when it comes to reselling and renting. However, the boat with affordable opportunities have already set sale.

A quarter of a million pounds and even ten times higher is the price that you need to have in order to get the best properties in the best locations of the Mediterranean Sea islands. This means that any average real estate investor, retiree, or home seeker searching for a rather affordable place on a sunny hot spot may be pretty much disappointed.

This may be how they will feel unless they will realize that they can experience the Mediterranean aura with the great North Cyprus delights.

North Cyprus holds a huge amount of beauty in the untouched and unblemished third of Cyprus island. It was not affected by the greedy minds of investors in the seventies and eighties and has not been affected by massive tourism as well as overdevelopment in the nineties. Upon entering the new millennium, it still remained a gem despite the ever so over priced market.

North Cyprus properties begin from a price of 60,000 GDP and this price is already for a duplex apartment unit in the middle of a resort located in a world class golf course. North Cyprus is without doubt a great investment especially if you want the Mediterranean feel. The government is fully dedicated into safeguarding the culture and elegance of the island and is encouraged to stop it from being overdeveloped and soaked with hungry developers. There are properties in the area which are being developed and are luring international property investors and those who are looking for a relaxing and sunny life.

There is a rapid increase in the number of tourists coming to Cyprus every year. Big time developers are talking about a number or projects ranging from plush resorts to 7 stat resorts to marinas and golf courses. Academic establishments are also being developed in North Cyprus making it more famous. Students have increased the demand for rental properties as well as those for sale. However, a huge amount of property investments come from young couples and families, vacationers, and retiring Europeans including those who simply want second homes.

Properties up for grabs in North Cyprus will be that affordable for long because there is an almost an excess of present supplies and builders who cannot sustain with such demands. Another reason for this is that private finances are being made and prices are already rising thus increasing the possibilities for those who can enter its market. As these supplies store and demands are in a steady mode plus government restrictions of high standards, these prices are going to continue soaring thus making property market of North Cyprus one of the most coveted in the world.

Author Bio: By Ashlee Pannell: A Cedar Hill Real Estate Broker, With Nu Home Source Realty a Desoto Texas Real Estate Company. We are Home of the 20% Commission rebate to most of our buyers. Ask about our bucks for buyers program. (C) Copyright, Nu Home Source Realty LLC. All rights reserved

Category: Real Estate
Keywords: North Cyprus real estate, Homes For Sale