allenspick.com allenspick.com allenspick.com
Index Page About Us Privacy Terms of Service Add Your Link Add Your Article
Search:   
Add Url
 
 

People & Society

 

Software & Networking

 

Politics & Government

 

Relationship & Lifestyle

 

Creative Arts

 

Automotive

 

Self Enhancement

 

Drink & Food

 

Teens & Children

 

Home & Garden

 

Business & Companies

 

Entertainment

 

Indoor Games

 

Sports

 

Finance & Investment

 

Jobs & Employment

 

Science & Research

 

Property & Estate

 

Academics & Education

 

Medicine & Treatment

 

Travel & Accommodation

 

Online Shopping

 

Events & News

 

Health & Hygiene

 

Index Page » Property & Estate » Property Sites
 

Top Locations for Property in North Cyprus

 

Author: Rhiannon G Williamson

While the world is in agreement that property for sale in North Cyprus represents a fantastic investment opportunity because rental and resale demand is soaring while at the same time property prices remain incredibly affordable, there are certain parts of the island that make the best property investment hotspots.

It is not a case of every location being equal or of every property of a similar size and specification being worth the same in Northern Cyprus - just as it does anywhere else in the world location, location, location counts in North Cyprus.

The first location worthy of closer inspection is Esentepe to the east of the island and a twenty minute drive from the ancient harbour town of Kyrenia. Esentepe is home to a brand new, international standard, championship golf course - furthermore it is the location for the very first marina being built in Northern Cyprus.

Naturally enough these two factors alone create great reason for property in Esentepe to be highly prized, but there are a number of other reasons making this location worthy of closer inspection. Firstly land in the area is now selling for a premium as developers try to get in on the property boom, secondly rental demand for properties in the area has gone through the roof following the completion of the golf course, and thirdly the entire surrounding area is totally unspoiled, it is covered in lush olive and carob trees, the beaches are pristine and undeveloped and the people live in their traditional houses and still enjoy an unhurried and stress free kind of life.

Properties in Esentepe start from GBP 60,000 for duplex apartments within the golf resort and go up to around GBP 200,000 for custom built, luxury detached homes. Prices in this part of Northern Cyprus have been appreciating rapidly in the past 4 years.

The next area worthy of consideration is Alsancak which is to the west of Kyrenia and just a ten minute drive from the heart of the old town of Kyrenia. Alsancak is one of the most popular parts of Cyprus with holiday makers, there is a great deal of development already earmarked for the area and there's an abundance of beach clubs, bars and discos in the area. For property investors hoping to let their properties out during the long hot spring and summer seasons in Cyprus, Alsancak is most certainly worthy of consideration.

And finally - unspoiled, untouched and as yet almost undeveloped Karsiyaka which is a thirty minute drive to the west of Kyrenia. With its hidden coves, sandy beaches, stunning mountains and beautiful countryside, the area of Karsiyaka is going to become one of the most desirable places to live in North Cyprus because the government has set incredibly strict planning rules to prevent over development and to allocate a great deal of space for the likes of another golf course and marina, and also they have allocated space to be left completely untouched. This part of Cyprus is unique and it has to be seen to be understood and experienced!

Karsiyaka will become home to the discerning buyer, those looking to escape to a better quality of life in a superior location. Currently there are few developments in this area of the island but those that are available start from around GBP 80,000 for a two bedroom bungalow.

Author Bio:
Rhiannon G Williamson is an expert in this field. Rhiannon has written several articles in the past on this topic.
You can also reach this article by using: real estate web sites, real estate agent web sites, real estate investor websites
 
 
 

Related Articles

 
California Mortgage - What to Expect When Buying a Home in California
 
Finding an Apartment on the Internet
 
Landlords And Real Estate Investors: Are You Getting Any Sleep?
 
FSBO vs Realtors
 
Real Estate Investing: An Introduction to Market Analysis
 
Why Waiting to Buy a Home May Not Be the Best Strategy
 
Why Buy Pre Foreclosures?
 
Important Things to Know Before Buying a Home
 
Avoiding A Bad Investment Is Easier Than You Might Think
 
How to Find the Sweet Spot in Real Estate Investing
 
 
 
Index Page >> Privacy >> Terms of Service  
© 2006-2008 www.allenspick.com All Rights Reserved Worldwide.