North Cyprus and Property

Cyprus was a former British colony which gained independence from the UK in 1960 after an uprising against British rule.  The history of this island is blighted by fierce tensions and conflict between the Greek Cypriot majority in the south, and Turkish Cypriot minority in the north, which came to a head in 1963 when fighting broke out between the two parties.  UN peacekeepers were deployed in 1964 and there is still a highly visible presence there to this day, in the form of a buffer zone policed by the UN.  There is still also a British military presence on the island which has assisted the UN in calming tensions over recent times.  In 1983 the North area of the island declared independence as the “Turkish Republic of North Cyprus” although this is not recognised by any country other than Turkey. This history and conflict makes North Cyprus property a very complex area of investment to fully understand. We urge you to read more if you are thinking about making such an investment into North Cyprus property . North Cyprus and Property It is easy to see why there have been fierce battles over the island (even prior to British rule) with the island central to a number of major trading routes between Asia and Europe.  The various conflicts have left a number of cultural foot prints around the island offering an intriguing mix of cultural and religious variations.  As the island is on the Mediterranean the weather is constantly hot, with over 300 days of sunshine a year, and you are guaranteed a warm welcome from the locals.  The North area itself contains a mixture of untouched beaches, castles, mountain ranges and vast areas of great natural beauty.  The island is also home to over 1,800 variations of plant life and is visited by millions of birds each year.   While the tourism industry is still in its infancy in North Cyprus there are signs of change, however the authorities have also been able to retain the strong tradition and great mix of cultures.  Seen by many as the frontier of Islam and Christianity, the area is proving attractive to many holiday makers (and property investors) with British interest still dominant.

 

Next >