Northern Cyprus is the most beautiful part of Cyprus; it has miles of unspoilt sandy beaches and breath taking mountain views. Northern Cyprus is Spain 30 to 40 years ago. Anyone buying now is getting into the Northern Cyprus Property market in its early stages. These properties in Northern Cyprus are so cheap at the moment, that if you compare the price of North Cyprus property with that in South Cyprus, you find that properties sometimes only a few miles apart; one on the South side of Cyprus and the other on the North Cyprus side have a price differential of 3 or 4 fold. Yes, that is correct; at the moment property in North Cyprus is 3 to 4 times cheaper than property in South Cyprus. This is even more surprising when you realise that EU citizens can travel freely around any part of Cyprus, this means you can fly direct to Cyprus and stay or live in Northern Cyprus.
The big question is, how has this situation arisen? The answer is not a simple one, but continue reading and you will learn all the facts. Once you know them and can find your way through the propaganda maze you will realize that buying Northern Cyprus property represents a once in a lifetime opportunity to have a home on a beautiful Mediterranean Island and watch your home suddenly jump in price at some time in the future. So what follows is why Northern Cyprus property is so cheap.
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