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Retire in the sun in North Cyprus



Would you like to own a residence in the midst of an environment where history and nature lie hand in hand in the North of Cyprus, one of the most beautiful islands in the Mediterranean? Who wouldn't? Northern Cyprus offers unique opportunities and scenery not easy to find elsewhere, although the recent increase in the construction business in Northern Cyprus has caused some minor problems, it is still one of the best preserved areas in the Mediterranean.

The Cyprus Problem has caused investors to stay away from Northern Cyprus for many years. However the situation seems to have changed now. Efforts aimed at finding a solution to the Cyprus Problem increased after 2000, as has the willingness of the Turkish Cypriot side, and resulted in the solution offered called the Annan Plan. While the Annan Plan was accepted by 65% of the Turkish Cypriot Community at the referendum held on April 24, 2004, the frame of the possible solution to the Cyprus Problem was also clarified. Although the Greek Cypriot Community voted 'no' for the plan it was supported by the great nations and there seems to be no other solution suggestion on the horizon other than the Annan Plan

Once the solution to the Cyprus Problem was on the agenda, the interest in Northern Cyprus seems to have increased. Now many investors want to own a house or an office in Northern Cyprus, as any investments made in Northern Cyprus today offers happy days in the future. One of the best investments to be made in Northern Cyprus is to buy a second home. The Island of Cyprus is a retirement haven for many reasons: its proximity to developed countries, the society's closeness to Western culture as a British Colony for many years, the mild climate and its untouched natural beauty. To be frank, being a retirement haven is the natural destiny of Cyprus. The second home market will play an important role in the future of Northern Cyprus which will eventually become an accepted escape for pensioners. Although the market has not become a second hand market yet, as it only started developing in 2004, soon there will be a tremendous demand for second hand houses as the island increases its housing capacity. The investments made in the housing market at this time will not only offer the opportunities for holidays now but will also offer a solid investment for the future. The Turkish Cypriot Community is taking the necessary steps to protect the construction industry which is expected to be of importance in their future as well. The industry is one that is regulated by complete inspections and controls. A number of regulations ensure that the quality of construction is maintained and the Turkish Cypriot Government is trying to set some rules to give the foreign homebuyers assurance in the quality and security of ownership, Not everyone is licensed to start a construction company in Northern Cyprus. Recently stringent laws have been enacted to ensure that construction and contracting companies are well regulated, Companies that have not registered and become a member of the Cyprus Turkish Building Contractors Association are not allowed to operate in the field. We have taken an active role in some problems related to the field and have helped solve the problems in a short period of time.

The Cyprus Turkish Building Contractors Association is a safe consulting office for foreigners planning to buy property in Northern Cyprus. We promise to provide you with our best service and hope to see you in our country very soon.

 
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