First time investors are hesitant to investigate the North Cyprus property market due to the historic negative speculation generated by the misinformed.

How many of us have heard North Cyprus described as an illegal state and that all North Cyprus properties are illegal to own? Well, let me tell you, the race to secure safe and sound property investments in North Cyprus started around 2004 and is steadily gathering pace. We can compare it to Spain in the late 70’s, 80’s and 90’s – it is booming.

However, who really owns the property? This is the primary concern for potential buyers.

There are many different land titles in Northern Cyprus, e.g. Turkish Freehold Title pre-1974, Foreign Freehold Title, TMD, Government Leasehold, Without TRNC Deeds and more, so it is important to investigate which title your preferred property falls under. It is imperative that all title deeds are checked at the Land Registry, either personally or through a power of attorney (choose a reputable qualified lawyer).

Another ongoing concern was the restricted access by air. Historically it was necessary to fly via Turkey, with no direct flights available from the Middle East region. However, with the political situation slowly improving, it has recently been made possible to fly to Southern Cyprus and drive to the North without any hassle, giving access to a wide range of airline networks and thus ensuring its place on the map as a major tourist destination. An excellent reason to invest now, don’t you think?

If you are not familiar with Northern Cyprus, it is situated in the warm waters of the Mediterranean Sea, with a near perfect climate and breathtaking natural scenery. It is also full of historic and cultural sites. Residents boast a high quality of life for a low cost of living. It is a strategic location on the globe where East meets West.

There is an abundance of land waiting to be built on and, according to the United Nations figures, North Cyprus needs to build a further 30,000 properties within the next three years.

Property prices in North Cyprus have been rising slowly over the past five years, but they are still a bargain compared with other southern Mediterranean countries. Right now, land prices are 25 per cent lower than land in the southern part of Cyprus, so it couldn’t be a better time to benefit from the capital growth.

Secure and friendly, North Cyprus is an ideal place for permanent living, holiday or retirement – an excellent investment opportunity, so don’t miss the boat!