Bungalow For Sale in Paradise - Ozankoy, Kyrenia, North Cyprus
Publish Date : 9/20/2006 12:55:00 PM Source : Travel and Hotels News Onlypunjab.com
There are many large building projects to the East of Kyrenia. They are mainly villas with pools. Many have been purchased by Ex-Pats. The following property is situated in an exquisite residential area just below Ozankoy Village and convenient to all amenities. 3 bedroomed bungalow in a peaceful and secluded and beautiful setting just below Ozankoy Village, Kyrenia, North Cyprus. Tarmac access road.
Convenient to Ozankoy Village, shops, restaurants etc. 10 minutes from Kyrenia. Beaches near at hand. Very private and secluded. Much desired area. Views of Bellapais Abbey, particularly in the evenings when illuminated.
There are many great reasons to consider purchasing a property in North Cyprus for both fun and profit; here are a few great reasons why any serious property investor should not miss this superb opportunity:
Over the past 5 years, North Cyprus’s popularity with holiday makers from across Europe has been increasing rapidly year on year. This has lead, as in all other holiday destinations, to an equally rapid growth in ownership of property by non-Turkish nationals from many European countries, but significantly from the United Kingdom and Ireland.
Many of North Cyprus’s outdated airports have recently been fully re-furbished with new terminal buildings becoming the norm.
Large amounts of capital have been invested by the Turkish Government on the improvement of infrastructure including new motor ways to enable shorter travel times to the main holiday resorts.
Many new Golf courses have been built to attract a higher end consumer and others are currently under development.
The cost of property in North Cyprus, whilst still very good value for money when considered against property in the already built up markets of Spain, France, U.S.A and Portugal, has risen in many areas by up to 100% over the past 3 years.
Property is still available from below £20,000 for a one-bedroom apartment in the Kyrenia area and the potential rental yields could prove very attractive to the serious property investor looking to diversify their portfolio.
The climate in North Cyprus is amazing, the people are friendly and helpful and North Cyprus is quickly becoming the destination of choice for an ever-increasing number of holiday makers looking for a cheaper alternative to Spain or Portugal for their summer holidays.
There are an increasing number of budget airlines starting to fly into Cyprus airports and they are extending the length of the season to allow for those who have holiday homes.
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