Purchasing an apartment in the picturesque island of North Cyprus is like a dream come true for most of the European and American investors who seek to multiply their money by investing it in fruitful locations. And north Cyprus is exactly one such location which fulfils the expectations of a typical foreign investor. North Cyprus offers a beautiful, Mediterranean type of climate, rich culture, nice people and safe surroundings to all its inhabitants.
Also, the cost of living is competitively low in North Cyprus as compared to any other British country. This is one of the main reasons why a large number of people are instantly tempted to purchase property here. However, most of the people prefer to go for north Cyprus apartments when it comes to investments.
There are a number of real estate agents who deal in north Cyprus apartments, which are fully furnished and well packed with all the appliances, in a perfectly ready to move in condition.
Some of the most popular locations where people prefer to purchase these North Cyprus apartments, like Lapta apartments, Bogaz Apartments and Dogankoy Apartments. These are some of the most popular apartment colonies in North Cyprus which offer quality apartments to live in.
The Lapta apartments in the region of North Cyprus are the ideal luxury apartments, constituting of two bedrooms, ground floor apartments. These apartments are perfect as an ideal holiday retreat. These Lapta apartments are situated between the mountains and the Mediterranean Sea at its rear which gives a stunning full circle view of natural scenic beauty from all sides.
These apartments, if not purchased, can also be made your own on lease basis. Most of the foreign tourists who arrive in North Cyprus prefer to take apartments on lease basis for their extended holidays here. These apartments are available on a weekly rent of one fifty pounds per week. These apartments come well equipped with all the modern appliances. The kitchen in these apartments is fully fitted and the living room is generally equipped with a three-seater or a two-seater suite. The apartment also features a dining table which can accommodate four people at a time.
Apart from this, the master bedroom in these homes has a double bed and fitted wardrobes. The bedroom also features an attached bathroom, which is complete with shower, sink and a toilet. The other bedroom in these apartments has two single beds and fitted wardrobes. Apart from this, there is a common bathroom as well which features a shower, sink and toilet.
All these apartments are centrally air-conditioned. These apartments also are in close proximity to major supermarkets, bars and restaurants which are located in the region of North Cyprus. Lapta apartments are well connected with the service of public transport as well. There are a number of local mini buses which run daily at a regular interval of ten minutes from Lapta till Kyrenia. Apart from this, Lapta apartments are at a close proximity to a beautiful beach, known as Sunset too.
North Cyprus apartments are increasingly being touted as the next best things to have happened to the property scene in the region of north Cyprus. It is no hidden fact that people are willing to purchase property in the region of north Cyprus at amazing prices. The property market in north Cyprus is currently bombarded with an influx of foreign and local investors who are eager to invest their money in property here. This is the prime reason why construction for better apartments has also accelerated in this area in the last few years, which may help the owners of property in north Cyprus fetch an impressive amount for their lands and apartments.
There are three major areas which have recently emerged as the top favoured places in north Cyprus apartment scenario. These places are Esentepe, Bogaz and Bafra. The apartments situated in the region of Esentepe are most popular for their natural beauty. However its popularity has risen to a completely new level with the opening of the sole international standard golf course in the vicinity. This golf course which features eighteen holes is located at the Korineum Golf and Country club. The golf course in this region has served as a catalyst for attracting a large number of people towards the apartments here. All the apartments here are designed in such a manner that they are situated at a block’s distance from each other. This is done so that each and every apartment has its own individual view of the Mediterranean Sea.
These apartments are generally designed in such a manner, that they are left in a condition of instant move-in after the construction and furnishing is done by the builders themselves. These apartments feature a modern kitchen, well-fitted with all the modern appliances, ceramic tiling, and built-in wardrobes. Apart from this, the apartments here also have some unusual facilities, such as provisions for additional water storage and shared use of several onsite facilities which can be used by the residents of the apartments in a communal manner. These facilities include common swimming pools, snooker facilities among others.
The apartments also include white goods in the deal. However, the apartments here are not centrally air conditioned. Nevertheless, there are some high-end apartments as well, such as the Turquoise Bay Golf and Spa Residence which feature both the modern facilities of air conditioning and white goods which come as standard facilities in the deal. Apart from this, these high-end apartments also feature the infrastructure of pipe work which is extremely necessary for the purpose of central heating. These features definitely help to improve the credibility of these apartments and thus, also raise their value in the rental market.
The high-end apartments also have some other impressive features, such as a variety of swimming pools, a fitness centre, spa and sauna facility and restaurants and clubs. However all these facilities are counted among the list of “must-haves” in the high-end apartments in the region of North Cyprus apartments, property scene.
Yet another region in north Cyprus which is famous for its high-end apartments is the area of Bogaz. Bogaz is a region in north Cyprus which was earlier known as a laid-back, sleepy fishing village situated on the eastern coast of north Cyprus. This region was earlier believed to be immensely sheltered position underneath the panhandle of the Karpaz Peninsula.
However, with the rapid developments in the property section of North Cyprus, Bogaz has emerged as one of the major and busiest developmental areas. The Caesar Resort, located in Bogaz is well on its way to become one of the most sought after places in the whole of North Cyprus by the tourists.
Also there are a large number of properties, up for sale in the region of Bogaz. The majority of the properties which are being built here include apartments. These apartments are believed to have a great potential in the rental market of the north Cyprus region. It is believed that all the apartments in the region of Bogaz can be rented out all year around with maximum returns. This practice has been put well in use, courtesy the large number of students and lectures who reside here. Bogaz is a place which is in close proximity to the Eastern Mediterranean University, which is situated at a few minutes drive down the road from Bogaz. The university has a little more than fifteen thousand students and over four hundred lectures. Naturally, all these lectures and students prefer an accommodation which is in close proximity to the university. Thus, the apartments at Bogaz are their first and most preferred choice when it comes to accommodation.
Apart from Bogaz, the apartments at Bafra are popular as well. The town of Bafra, which is located on the north of Bogaz, is another hubbub for property developments. The apartments at Bafra are positioned at the starting point of Karpaz Peninsula. The apartments in these regions are immensely popular among the holiday makers who are looking for comfortable apartments for accommodation purposes while they are holidaying in the region of north Cyprus. Most of the property dealers in the region of north Cyprus who deal in providing quality apartments for the purpose of sale and rent to the foreign and local investors are quite experienced in the property dealing business. Most of the dealers who deal in north Cyprus apartments have prior experience in the same field in other European nations, such as Spain and turkey.
Interestingly, the standard of living offered in north Cyprus apartments is exactly similar to that of southern Cyprus. However, the price difference between the two regions is huge. Most of the apartments available in north Cyprus come at half a price of what it would cost to purchase a similar apartment in the region of south Cyprus.
This is the main reasons why a lot of people are investing in these fully-furnished, luxurious apartments which will definitely accelerate in cost in the coming future, till the time their prices become equivalent to that of southern Cyprus.
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