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Buy Property In Northern Cyprus While Prices Are Low

11 Apr
Panoramic view of the old town of Famagusta in the northern part of Cyprus

Buy Property In Northern Cyprus While Prices Are Low

Your Own Home On The Med For Less Than $60,000

I’m focusing this year on finding the world’s last great beach bargains.

That includes this latest discovery on my favorite property market in the Mediterranean.

It’s a deal that gets you your own cash flow-producing island property for just US$58,000.

English is widely spoken here, it’s a safe and welcoming place, the beaches are pristine, and the health care is first-class. It’s also easily accessible from Europe, with many one-stop transit flights from the States.

Even better, owning property in this country qualifies the owner and their family for easy residency.

But most important, this deal offers serious profit potential at a bargain value.

Here on this under-the-radar Mediterranean island, I’ve just negotiated an exclusive price and first access for my readers.

The result is the opportunity to own right beside this beach for as little as US$58,000.

Once an overlooked European outpost, Cyprus has begun an ambitious rebranding in recent years… and it’s working.

Tourism was breaking records every year with a high of nearly 4 million visitors in 2019. And we fully expect that growth to continue as world travel continues to reopen.

Condé Nast already calls this “The Hottest Island On The Med”…

And USA Today claims it’s “the next big under-the-radar vacation destination.”

Northern Cyprus (the Turkish Cypriot side of the island of Cyprus) is not part of the EU. Despite this, business continues as usual on both sides of the open border, and residents and vacationers travel freely across the island…

But, important for us, prices remain much more affordable in Northern Cyprus.

Word of warning: I spoke with my contact on the ground just yesterday after reading reports of a 7.3% increase in property values.

He believes this market “is going to see huge capital appreciation in the next 24-30 months.” Right now, we are getting in on the last of the pre-pandemic stock. As those units get snapped up, new projects will face limited land and increased construction prices… alongside increasing demand.

Property prices in Northern Cyprus are set to rise…

And property prices in the prime location we’re buying are rising faster than any other region in Northern Cyprus.

Move over France and Spain… there’s a new kid on the block in Europe…

And the time to buy is now.

Easy Profits In A "Goldilocks Location"

A pool in Northern Cyprus

The deal I have just negotiated is in a prime location where your family (or your renters) can take advantage of year-round sunshine to enjoy a laid-back, outdoor lifestyle with a pristine, warm sandy beach along with an 18-hole championship golf course right on your doorstep…

Nestled between the mountains and ocean, the resort has great views from all sides.

The entire resort covers 21 acres. All of the buildings in the region are low-rise Mediterranean style structures with some options for semi-detached villas.

You won’t find high-rises blocking anyone’s view.

Choose to rent your property out, and you’ll be looking at a (conservatively projected) 7% to 10% net annual return.

Renting for profit will be completely turn-key thanks to the in-house rental management team.

And this is not just any beach property

This part of the island is the focus of the government’s multi-million-dollar tourism plan, and the building here is right in the epicenter of this new tourism focus.

Further, this property boasts a unique advantage: it’s ideally situated meters from the sandy beach, overlooking the Mediterranean Sea, and near the largest golf course in the area…

You will be positioned right in the heart of some of the most affluent neighborhoods on the island.

And only 20 minutes from the cultural and economic center of this region.

Catering to the higher-end tourists, here you’ll find a choice of great restaurants, luxury hotels, marinas, universities, shops, and a welcoming cultured community.

I call this a “Goldilocks Location”—something both vacationers and retirees will value more than ever. You’re near enough to a big town or city amenities, health care, and an international airport… but far enough away to enjoy wide open spaces, uncrowded beaches, and a more relaxed pace of life.

These are 345-square-foot studio apartments with a balcony where you can relax under the warm sun—available at an exclusive price of just US$58,000.

You can reserve for only US$2,000 and take advantage of an interest-free payment plan.

Larger two-bedroom apartments are also available with the same interest-free payment plan.

Again, this is a fully turn-key investment offering a projected 7% to 10% net ROI.

This “hot spot” destination is set to boom. And, right now, we have an opportunity to get in early for high rental returns and strong appreciation.

Head here now to get in touch for further details. Lief Simon