| Ref No. OPP10200 > Land in Cayirova, North Cyprus. Overseas property Investments |
Price: £
£35,000
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| Property Type: | Land |
| Category: | |
| Location: | Cayirova, North Cyprus |
| Region: | Cayirova, North Cyprus |
| Status: | AVAILABLE |
| Bedrooms: | |
Click here to register your interest in this property.
These Land plots in Northern Cyprus are extremely competitively priced with prices starting at just £35,000 for a 581 m2 plot. Which will include the provision of road infrastructure as well as electricity and water to the site. Thatʼs an amazing £60.24 per m2 for land with planning permission in a beautiful location in North Cyprus holiday destination.
- 18 Plots Available 581m²
- Full Planning Permission L
- ow Price of £35,000
- Contracts in £GBP
- 30% Deposit (only £10,500)
- Beautiful Location
- 70% Non Status Mortgage Available
- Exit Strategy In Place
We are delighted to have manged to secure finance in a country where it is almost impossible for foreigners to do so. We can offer a non-status mortgage on this land at 9% over a ten-year term. With a 30% deposit payable that means you can secure yourself a piece of land in North Cyprus for just £10,500.
Area
The site is situated in an area zoned for tourism, fifteen 5 star hotels are currently being built near to the Golden Sandy Beach with all facilities. This close to the small village of Bafra, on the way to the Karpas (a remote and undeveloped area of the North with the most fabulous beaches and wildlife and flora). A Major Road is being built, that will link up to Kyrenia and the current journey of one and a half hours will be reduced to less than half an hour. The Land is also situated less than half an hour from Famagusta which is a vibrant and lively area and the second most popular tourist spot. The beaches are all sandy and are in fact an extension of the Famagusta Bay – Aya Napa is on the Greek side!
Exit Strategy
The pre 1974 Turkish Title Deed Land is totally without dispute as this is internationally recognised land and will be much in demand from both the domestic market and international buyers. This particular land is, therefore, an excellent investment due to its promenant position close to the beach and its location in the designated tourist area of Northern Cyprus. Tourist numbers are expected to rise sharply over the next few years.
Land Banking
Land banking is a form of investment whereby the investor buys land and holds it for a period of time to benefit from rising prices and capital growth. Land in a rising market is valuable, especially Land with outline planning permission obtained, close to amenities and stunning scenery. As an investment, buying land eliminates the need to find tenants and extract rent from them in order to make a return. International interest and domestic holiday home seekers are often attracted to land with planning, as they may shape their dream residence.
How to get to Northern Cyprus.
Northern Cyprus has direct air links with Turkey, where most planes from Europe must land although it is expected that soon there will be direct flights. There are also flights to Northern Cyprus from London Heathrow, London Gatwick, London Stansted, Manchester, Glasgow and Dublin. An alternative route is to fly to Larnaca. Once in Larnaca the journey by car is approximately 1 hour to the North via Famagusta or Nicosia boarders.
Cost of living
Compared to other Mediterranean countries and other popular European destinations the cost of living in Northern Cyprus is far less expensive. Utility bills in Northern Cyprus are certainly lower than in the UK. Many houses and apartments are built with solar water heating systems, which ensures cheap running costs throughout the year.
Northern Cyprus is improving rapidly. Good quality European food is now widely available and a varied choice of Turkish foods can be purchased cheaply. Northern Cyprus has many restaurants to suit every taste and budget; Sterling and Euros are accepted in most supermarkets and restaurants.
Property Details
Area Description
The site is minutes from the beach, close to the small village of Bafra, on the way to the Karpas (a remote and undeveloped area of the North with the most fabulous beaches and wildlife an flora). A major road is being built that will link up to Kyrenia thus reducing the current journey of one and a half hours to less than half an hour which will increase the price of the land in the area substantially. The land is also situated less then half an hour from Famagusta, which is a vibrant and lively area. The second most popular tourist spot as the beaches there are all sandy. Land on the same site as ours is currently being marketed by other agents at a higher price, and the other agentsʼ land is selling fast!
Click here to bookmark Ref No. OPP10200 - Land in Cayirova, North Cyprus. Overseas property Investments
Disclaimer: Property Winners Ltd does not accept any responsibility for any errors or inaccuracies in the above property or financing information, details of which have been supplied by a third party. You should ensure that either you or your legal representative has suitably checked all relevant information before committing to purchase a property.
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