Buying Off Plan Property in Northern Cyprus

Because Northern Cyprus has managed to remain wholly unspoilt from overdevelopment it is still a beautiful Mediterranean island paradise to this day and one which many more people are now beginning to discover the delights of.

The number of people wishing to holiday and also live in Northern Cyprus has risen dramatically over the past three years and because of the lack of villa and apartment type housing previously built in TRNC, those who are seeking real estate for sale are buying off plan property in Northern Cyprus.

The government of the TRNC have very strict planning rules in place to prevent high-rise, high density hotel and apartment development particularly in and around the pretty harbour town of Kyrenia (Girne) and all along the pan handle or Karpas. This means that developers are restricted to building sympathetically and now they even get in trouble when they try and ‘relocate’ olive trees when constructing.

For the constructor all this equates to a headache but for the buyer, for those of us who live in Northern Cyprus and for the holidaymakers who come and wish to relax in beautiful North Cyprus it’s a very good thing!

Don’t get me wrong, it’s not like you won’t see construction trucks bombing along the main highways and you will also see a plethora of estate agencies all advertising their wares across the island - after all, there is a massive demand for property for sale in TRNC - property which has yet to be built! But you can rest assured that Northern Cyprus is not going to be turned into another Benidorm!

Of all the purpose built off plan developments in Northern Cyprus offering the holiday home buyer or real estate investor the best mix of accommodation, onsite facilities and amenities, location, value for money and long term investment potential, Crystal Bay View in Esentepe is by far and away one of the best.

First things first this development is being built in the right location. Esentepe is the up and coming town in Northern Cyprus; a championship 18 hole golf course is on course for completion in spring 2006 in Esentepe, planning permission has just been granted for a 400 berth marina and five star hotel resort in Esentepe with the developers currently in the investment sourcing phases for that, and the town will soon benefit from the construction of a direct road to Ercan airport which will vastly cut down on the current 40 minute travelling time and make the town even more accessible and desirable. Those who buy now are buying into the future potential of Esentepe and into the predicted high price increases that property in the area will gain.

All 28 Crystal Bay View apartments and penthouses will be just meters from the Mediterranean Sea and have uninterrupted and uninterruptible views of the bay, the beach and the beautiful, inimitable Mediterranean sunsets. First floor and penthouse apartment come complete with large roof terraces and all properties have access to communal swimming pools, jacuzzis, tennis courts and an onsite bar.

The developers offer stage payment plans of course, and they also offer long warranties on all of the properties as well as a management and letting service for those who are considering buying off plan property in Northern Cyprus to let out to holiday makers. With prices starting at just GBP 50,000 and rental demand for property in Northern Cyprus at an all time high, Crystal Bay View is exactly the type of property development those looking for an investment property in TRNC or holiday home in the sun should consider viewing.