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Invest in North Cyprus

Europe property market - North Cyprus

There are so many reasons to invest in North Cyprus that investors willing to dig just a little will quickly come to the same conclusion – North Cyprus is the place to be! The third largest island in the Mediterranean is divided into the Greek governed South and the Turkish controlled North. Although the south of Cyprus hit the economic jackpot early on, now investors are looking to the North for the kind of deals that can no longer be found in the south.

Despite its international isolation, North Cyprus has been posting slow but steady growth since 1977; today it is considered one of the best returning markets in the Mediterranean. North Cyprus’ freemarket economy and its British business and legal practices make it an ideal place for foreign investors who want to place their money in an up-and-coming market that is yet familiar to them on several levels.

The government of North Cyprus has recognized the importance of attracting foreign interest and investment hence they have begun pushing the development of its tourist sector and it has also been investing heavily in improving the country’s infrastructure. The government has additionally started to develop resort towns similar to those found on the south side of the island. Now that the United Nations has pledged to reconcile both sides of the island the European Union has pledged € 259 million in aid to attract foreign direct investment.

Investing in North Cyprus is one of the best ways of ensuring high growth and appreciation for your money. The island’s extremely low cost of living, its booming property market and burgeoning tourist towns all point to a nation that is a solid place to invest for both the short and long term. After all with its unspoiled beauty and exceptional location investors can truly enjoy watching their money grow.

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