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Property Northern Cyprus:

Investment into Turkish controlled Northern Cyprus property markets has been consistently strong with all indications forecasting a long term upward trend.

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Real estate investors can search for off plan property and new property developments in Northern Cyprus and all major international real estate hot spots.

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Property Northern Cyprus - One of the Most Exciting Property Markets in Europe

Northern Cyprus, one of the Mediterranean's few remaining secrets, is proving to be one of the most exciting markets in Europe for property investment; significant property price growth is predicted for the medium term, impressive levels of investment and the numbers of potential investors looking to enter the country are at an all time high, income tax, import duties and corporation tax are all exempt, and there is little or no council tax. The country indicates promising potential as a lucrative property investment destination. Investment Property Northern Cyprus - The Tourist Factor The tourism sector has been identified as a principle driver for the improvement of Northern Cyprus economic growth, which today employs approximately 11.4% of the workforce. The government has announced its commitment to grant all the necessary incentives to attract prospective investors into the sector. Northern Cyprus attracts approximately 200,000 visitors per annum, but currently, the country has a limited capacity of just 10,000 hotel beds, of which only 25% are of five star quality. With government support to increasing tourism capacity, it is estimated that a minimum of 30,000 hotel beds are needed within the next two to three years, and 50,000 will be required by the end of the decade. These figures represent an impressive 500% increase on current availability, and this new level of demand will undoubtedly affect property prices in the North of Cyprus.
	Download the free Northern Cyprus property & real estate investment report packed with information about buying investment property or a holiday home in Northern Cyprus.

Impressive Economic Performance

Northern Cyprus has seen impressive economic performance in recent years, with growth recorded at around 10.6% in 2006. During the period 2003 to 2007, the country's economic growth averaged between 10% and 15% per annum; with 11.4% in 2003, 15.4% in 2004 and 13.5% in 2005, according to Turkish government figures.

Services represent a significant proportion of the economy, primarily the public sector, trade, construction, tourism and education. Imports reached US$301.9 million during the first quarter of 2007 up from US$300.7 million in the first quarter of 2006, reported the Central Bank of TRNC.

Northern Cyprus second largest trading partner, the European Union, comprises 21% of total imports and 27% of total exports, and the country's closely linked financial system to Turkey's strong economic presence has shown a stimulating effect on foreign property investors. During the period 1977 and 2005, GDP increased significantly from $209.4 million in 1977 to $2327.8 million in 2005.

Growth in Construction Sector

In 2006, real growth of the construction sector increased by 7% and property ownership was up by 7.2%. Foreign investment is actively encouraged with no restrictions in any sectors. Private property rights are guaranteed by the government with equal rights for both natural residents and foreign nationals.

Buying Property in Northern Cyprus

Investment into Northern Cyprus property markets has been consistently strong with all indications forecasting a long-term upward trend. Property prices have significantly augmented during the past 3 years due to the influence of the increasing numbers of foreign investors present in the property market. However, prices still remain as much as 50% below property values in the south of the island, presenting incredible capital growth potential as the North converges with the South.

This promising growth in terms of return on property investment, particularly when compared to other property markets within the EU and UK, is increasingly attracting significant attention from overseas property investors. The country is currently enjoying a boom in property investment as prospective growth indicates significant return on investment over the next decade.

Northern Cyprus a "Buy to Let" Market

With the growing tourism industry in Northern Cyprus and low costs direct flights from the UK and other European countries, Northern Cyprus provides interesting buy to let investment opportunities

Fair Deal Investment Property Northern Cyprus

Fair Deal Northern Cyprus provides a culmination of real estate services in Northern Cyprus to international property investors and holiday home buyers.

Overall, the Turkish Republic of Northern Cyprus is showing impressive performance in all arenas and is proving to hold all the necessary requirements normally looked for by discerning property investors. Those investors that have
already entered the main markets of Northern Cyprus, primarily real estate and tourism, are now beginning to see the benefits of their investment, and look forward to a prolonged period of forecast sustained growth as the country comes
into line with Southern Cyprus.

Global Property Investment Network

Our Global Property Investment Network is highly regarded for sourcing carefully selected Northern Cyprus property investments. In addition, our clients have access to advice and research on investment properties in Northern Cyprus from our product experts.

Our mission is to identify the most lucrative opportunities currently available in Northern Cyprus and tailor them to your property investment requirements. Our investment property researchers are constantly monitoring the investment property market in Northern Cyprus and are in regular contact with developers and promoters not only in Northern Cyprus but across the world.

Property Northern Cyprus: Due Diligence

All property in The Turkish Republic of Northern Cyprus, be it for investment purposes or as a second / holiday home that we recommend have passed strict due diligence procedures. Our country and investment reports is packed with properly researched, up-to-the-minute professional advice on the very latest Northern Cyprus property investment options available.