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North Cyprus Property For Sale
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North Cyprus Properties For Sale
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| Cypriot Homes is a family run
business that specializes in designing and building individual dwellings,
houses, bungalows, villas, swimming pools in
North Cyprus. The majority of our clients are English. At the moment we have a
selection of properties in the
Kyrenia (Girne) and Famagusta (Magusa) areas. Please click on any of
the pictures left for further details. For more information about the architect
that has designed and built the properties please click on “About
Us”. To review the houses that we have built over the last ten years,
please click on “North Cyprus Property
Developments ”. You may find all the other North Cyprus Properties for
sale at
Properties section.
If you would like further information please... e-mail info@cypriothomes.com or phone, Mobile: (00 90) 542 858 00 75 Office: (00 90) 392 815 89 37 North Cyprus Off Plan Investment |
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The North Cyprus
buying spree of off-plan properties is still at its height. ‘Get rich quick’
investors are more prominent than ever. North Cyprus and its environs now
abound with comfortable, well-built Northern Cyprus villas and luxurious
apartments in exclusive residential areas, while the level of services, from
restaurants in North Cyprus, shops and nightlife, professional and educational
options continue to grow and mature, all helping to make this part of
North Cyprus the number one choice for smart investors and lifestyle
buyers alike. Esentepe, Bahceli, Lapta, Karsiyaka, Bogaz, Tatlisu, Catalkoy, Ozankoy, Bellapais, Guzelyurt, Lefke and Bafra, are now boasting some of the most exciting and ambitious off-plan projects on the island of North Cyprus. New infrastructure, such as the Esentepe Championship Golf Course has opened in 2006 and new motorway connections are raising lots of eyebrows throughout Europe and the world. Most investors know that with just a little ‘inside knowledge’ it’s still possible to produce well above average returns, with no risk to their equity in North Cyprus. Cypriot Homes specialize in identifying and qualifying the very best developments which are ideally positioned to benefit from the off-plan model. We only seek developments that offer beachfront location, sea & Northern Cyprus mountain views or are close to a golf course in order to maximize the potential property values. Your North Cyprus property rises in value as a result of being initially purchased below its true market value in the early stages of the development’s life cycle. During construction, the developer raises the price of the North Cyprus Properties to reflect their true market value. This process is explained in detail further on. We also provide a clear breakdown of additional costs to consider, as well as a brief overview of why investing in North Cyprus makes excellent sense and how we help investors find the most promising development projects. After you've finished reading about off-plan investments we encourage you to browse the rest of our website for more in depth information about the North Cyprus lifestyle - you may end up moving into one of your North Cyprus investments! 
North Cyprus Guide - What to do in Kyrenia, Nicosia and Famagusta... Why investing in North Cyprus makes excellent sense: • Unique micro climate with over 300 days in Northern Cyprus of sunshine each year • Potential long term rental returns from golfers and holidaymakers • Relaxed, Mediterranean lifestyle • Lower cost of living than anywhere in Europe • North Cyprus Property prices is half price compared any Mediterranean Country • Steadily rising annual property values • Five/Ten year building guarantees • Constant improvements to infrastructure (airports, golf courses, amenities, roads, etc) • Stunning sandy beaches in North Cyprus • Cheap shopping and delicious local North Cyprus Restaurants • World class golf course in Esentepe area • Skiing in the Trodos Mountains only 75 minutes away from Kyrenia. • Most Inexpensive European Country. Overview As an investor you can expect above average returns from investing in the off-plan North Cyprus property developments being identified by Cypriot Homes. Why? Four reasons: 1. Your Northern Cyprus properties are priced BELOW today’s market value (you literally buy your North Cyprus properties at a discounted price). 2. Your equity is limited to only around 50% of your property’s price. (You only pay a fraction of the total sales price to secure your ownership rights) 3. During construction you can sell your properties in North Cyprus onto a ‘lifestyle’ buyer benefiting from any pre-scheduled price increases from the developer and additional capital market growth. 4. Alternatively, complete your purchase and acquire the Title Deed; sell the Northern Cyprus property on approximately one/two years later and see even bigger gains on your investment due to the development’s ‘mature’ status and desirability. Lifecycle The life cycle of a new development can be thought of as the stages which the development goes through to get off the ground. Once the developer secures the land in North Cyprus, completes their due diligence and approval to build is acquired, the project is fully conceived. The developer then establishes the ‘Investors Package’. Finally, the developer secures the contractual arrangements for the executions of the project and begins to market the Northern Cyprus properties to the initial investors. In order to actually begin construction, around 30% of the development usually needs to be sold off-plan. Cypriot Homes have been advised by most of the Real Estate Agents in Cyprus Island. North Cyprus Property Prices Prices for New North Cyprus property developments are often quoted on the basis of price per square meter built. Prices per square meter are calculated on the basis of location, quality of building specifications, and the overall quality of the project. Once the initial offer price has been determined, timing is everything. The smartest investors move in early during the launch phase to secure the best possible prices and the best possible returns. It is inside knowledge of this ‘lifecycle of a new development’ that makes it possible for serious investors to make a far above average return in a fully secure way. Northern Cyprus Property Values During the construction phase, your North Cyprus Properties rise in value. As more and more properties are sold the developer’s sales requirements are met. The developer therefore increases the price of the remaining properties. This has an immediate effect on the value of your property in North Cyprus. The developer increases the prices of the properties in North Cyprus in the development in order to regenerate the income from the discounted Northern Cyprus properties sold initially. This can happen without depending on any overall market growth because the developer is simply raising your previously discounted property’s price to what it should really be. The true market value is of course derived from the current prices for existing properties in the same location of North Cyprus, built to similar specifications. Usually the first significant price increase takes place when the required number of off-plan sales has been reached. This period is usually two to four months after the launch. The second significant price increase takes place when construction actually begins. This usually happens another two to four months after the required percentage of off-plan sales has been achieved. Remaining price increases then occur periodically throughout construction as the development progresses. As one of the fastest growing property markets in the world, your strategic investment in off-plan properties in North Cyprus are made even more secure. Not only are you buying into a buoyant, growing and very stable market, but you are also buying into that market via an investment scheme that ensures you have the very best chance to make a very handsome return on your equity. Unless peoples’ attitude to physical pleasures changes completely, there will always be a strong demand for living in North Cyprus – part-time or full-time. That demand will have to be met by properties, and the best will always sell and re-sell and re-sell many times over in our lifetimes and those of our children’s. 
Investment Guarantees There are two areas you should be certain about before investing in the opportunities detailed here. They are: 1. The security of your North Cyprus investment 2. The ‘sell-ability’ of your property in North Cyprus As mentioned earlier, Cypriot Homes only recommend well respected and competent legal firms in North Cyprus, all of which offer great customer service in your own language. They perform the land search and registration and also the title deed search and registration of your Northern Cyprus property. It is important to realize that your lawyer will be your representative, and not the representative of the developers or the promoters. North Cyprus Property Demand With regard to sufficient demands for their properties, the question serious investors are asking is: “Will the North Cyprus property market remain at its current levels, providing sufficient demand to ensure that I can realize an above average return on my investment?” All the independent indicators would argue in favor of this happening. North Cyprus Real Estate stability and growth has been well recorded by Governmental and European estate agencies and current forecasts indicate continuity through at least 2012. Over one million European citizens are forecasted to seek properties in Northern Cyprus in the next five years. A stable Northern Cyprus Real Estate market coupled with already built-in advantages such as excellent weather, improved infrastructure, and easy accessibility through improved International Airports all assist the potential investor in making an easy decision. When you invest in North Cyprus, you will be moving into a growing, buoyant property market. Many shrewd investors have already realized that there is currently no other investment opportunity on the market that offers this kind of potential return. This is probably the reason why the best opportunities in these developments are usually snapped up early on in the lifecycle of the development. It also proves that the sooner you make an investment decision, the more profitable it may be. Cypriot Homes identifies the very best off-plan investment opportunities for our clients. Our job is quite simple: to provide you with a proven opportunity, at the right time, and which promises you a well above average return on your equity. We’ll find the best available units in quality developments that suit your investment budget. A typical reservation fee is £1000 which is paid directly to the developer. This ensures that your properties are taken off the market and reserved in your name. Normally within 30 days, private purchase contracts are exchanged. At this stage your legal representative will be required to hand over your first installment of funds, anything from 15% to 30% of the purchase price, minus the reservation fee amount already made. Land Design and Build in North Cyprus There are many properties for sale in North Cyprus However; you may want your Northern Cyprus property investment to be unique and tailored to your exact requirements. As the leading North Cyprus Estate Agent we can help you design and build the perfect property for you in North Cyprus With the largest portfolio of land covering all areas of Northern Cyprus, we are confident we can find the right plot to suit your needs. Whether you require a hilltop retreat, beachfront location or private & secluded, we have it. Ranging from small ½ donum plots to larger sizes with building permission already granted for construction of private North Cyprus villas with a pool, bungalows, hotels and villa or apartment complexes. Unfortunately not all land in North Cyprus can be advertised on our website as there is just too much! With Cypriot Homes Estate Agents 20 years of experience and following a few simple basic rules your dream home in Northern Cyprus will be built on time, within budget and be fully covered by professional guarantees. For the investor looking to start developing in North Cyprus we can give you all the advice you need. Cypriot Homes have experience as developers so we can offer you first hand knowledge on exactly what is required to start developing including Company formation, taxes, selling off plan, hidden costs and profit margins. We can help you through the whole process, starting with finding the right plot of Northern Cyprus land, introducing you to English speaking Architects, Builders, Surveyors and Project Managers, obtaining all the necessary permissions and licenses, advising and supervising construction in your absence until the final stage is complete and ready for your occupation. Before buying your plot in Northern Cyprus we can prepare a basic project with costing including insurance to see if the whole project will be within your budget. North Cyprus Land and Building Project One Donum is a measure of land equivalent to 1600 square yards, 1,338 sq. meters or 14,400 sq. ft., 0.336 acre. The build percentages vary from area to area. Normally in Kyrenia (Girne) areas allowed building up to 20-25% of the land size in North Cyprus. If you are building a bungalow still you can get the same percentage (This is changed recently and let the developers to build %20-25 for a ground floor. In the town centers mostly available to build more construction area according to your plot size. It is a fact that Famagusta area gives you more construction sq. meters according to your land. But you have to notice that if you can build more that means your neighbours can build more too. We have a large portfolio of land for sale in all areas of Northern Cyprus. Email us with your requirements and we will be happy to advise you of what we have available. At the moment we have Exchange Title and Turkish Title Deeds plots especially at Kyrenia and Famagusta areas. Cypriot Homes Estate Agents are the leading North Cyprus specialists in the acquisition and restoration of older traditional North Cyprus properties. We have a team of independent professional architects, civil engineers, surveyors and builders specializing in this field. Contact us for more information on info@cypriothomes.com |
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