With its wonderful climates, exotic cities, charming villages, golden beaches and unparalleled location straddling Europe, the Middle East, Asia, and the Black Sea, Turkey is becoming increasingly popular as a second home destination. The charms of the nation have long been obvious to tourists. The Aegean and Turquoise coasts have all the ingredients of a perfect Mediterranean destination.
Turkey's emerging economy is also increasingly appealing to international companies. This is partly due to Turkey's expected accession to the European Union in 2007. 
There are many choices to be deliberated when selecting an area for property investment in Turkey. There is the historic city of Istanbul with the atmosphere of Disney's Aladdin, the city of two continents, Ankara and beautiful coastal towns such as Bodrum and Marmaris. All these places are firmly on the tourist map and are therefore increasingly popular with second home owners that have spent many years visiting the region.
The intoxicating mix of natural beauty, cumulative traditions and eclectic culture makes Turkey an unforgettable country to invest in and its increasingly international future are combining to make the nation a major draw for property investors. EU membership in 2007 can only increase the opportunity in this exotic Mediterranean country.
Over the past couple of years the amount of investment in North Cyprus has increased significantly. Since North Cyprus voted ‘yes’ to the Annan plan in 2004 the EU have provided
grants and will continue to invest heavily in the forthcoming years into infrastructure redevelopment. People wishing to purchase a holiday home in North Cyprus or looking to move to North Cyprus and make their permanent home here are of course attracted by the climate in North Cyprus - where they can expect up to 340 days sunshine a year. And the easy access to the UK, Europe and other world-wide destinations is also of particular importance. North Cyprus is a great holiday and investment destination and is already very popular with British holidaymakers. It has an English Legal system (all contracts will be in English) house prices are in Pounds sterling and English is widely spoken throughout. You drive on the left hand side and do not need an adaptor for your plugs.
With Ercan airport now fully renovated, regenerated, and open and with EU passport holders free to cross the green line and make use of the airports and ports on the South side of the island, North Cyprus has never been more accessible. In fact, North Cyprus offers a haven for retired individuals looking for a peaceful and safe environment with decent health care services available to them. But it is not just an island for retirees, younger people and families find a haven that affords them a safer and healthier environment in which to live and raise children, and a place where employment opportunities are rife and foreigners are welcomed into the work place.
Investors are not expected to find any problems when buying or selling property or in getting financing, advice or any legal protection in Cyprus. Investment property in Cyprus offers unrivalled security and investment potential to the property investor. North Cyprus is becoming increasingly popular with real estate investors due to the excellent value for money that can be obtained from property in the area. North Cyprus is showing promising signs of growth at all entry indicators for investors.
Natural and Cultural Factors:
- All year round excellent weather - hot summers and mild winters with rainfall make it one of the healthiest climates in the world.
- Beautiful beaches and ancient monuments.
- Multi-culture with TURKISH, UK, Greek.
- Good facilities and services for foreign expatriates who integrate easily into an English speaking community.
- Regular cheap direct access via low cost airlines from many UK airports with short flight times.
Economic Factors:
- One of the fastest growing property markets in Europe.
- Full EU member country.
- Property prices increasing at around 20% per annum.
- No inheritance tax on all estate worldwide property for permanent residents.
- Highly developed infrastructure, excellent telecommunications and transport.
- Very strong, growing tourist industry.
- Modern and efficient accounting and banking services.
- Legal system according to UK standards.
- Properties in Cyprus significantly lower priced than competitive markets of Portugal, Spain and France.
- Economically stable.
- Low cost of living.
- Free market economy.
- Low legal fees
