The choices open to you are, apartment, villa, bungalow, off-plan and design & build.

Apartment

Apartments can range in price from £20,000 to £100,000. With size varying from 40 to 150 sq. m. Apartments can roughly be divided into 3 types:

• Those that are close to a city centre and are used by the locals, they generally do not have a communal pool, they will normally be fully occupied all the year around by the family living in them, they also tend to have good access to local amenities and finally they have very low or non-existent annul maintenance charge.

• The other extreme to this are the out and out holiday complexes. They are generally busy during the summer and quieter during the winter, maintenance charges can vary between £35 to £70 per month, they always have communal swimming pool(s), sometimes have a gymnasium and spa center etc., also tend to be close to the sea.

• The middle of the road is an apartment with communal swimming pool, but not so far out of one of the main cities. Some full time occupiers and some part time. These are found mainly in the Famagusta area.

Of course, what you buy will depend on your budget. The advantage of an apartment is that you can lock it up and leave and it will not require a significant amount of maintenance. Obviously they are cheaper to buy. So for a very small capital outlay you can own a safe, secure place in the sun which can give you years of enjoyment. The downside of course is that an apartment is not as private. As property in North Cyprus goes an apartment in North Cyprus is often the option of choice if you will not be living in North Cyprus most of the time.

Villa

Advantage is the privacy, your own swimming pool, a garden and room for guests. However, they require more maintenance and if you are away for long periods of time someone will need to take care of your villa

Bungalow

Similar advantage to a villa but of course all on the ground floor so less steps.  Preferred option for the more mature purchaser who intends to live for a number of years in Cyprus. However, not a lot of bungalows available in the North Cyprus property market, so your choice will be limited.

Buying a North Cyprus Property off Plan

The developer at the beginning of a project will sell some of the future properties off plan, as the project heads towards completion then the remaining properties are often sold at a higher price.

However, this requires a leap of faith on behalf of the buyer. Will the developer finish on time? Will the developer finish to the specification and standard that was promised?  Will the size of the rooms be as promised?

Nowadays with a larger number of resales on the market and reduced number buyers fewer people are buying off plan.

However, having said that there are some highly successful projects with a long term history that are still actively building. One of these North Cyprus Property projects would be agog=d option for off plan.

Design & Build

For those with a higher budget and that are particular in the design of property they want, then one option is to design & build. Here the customer would buy a piece of land, employ an architect, obtain planning permission and employ builders to build the house to their specification. This can be a stressful process, so it is very important to choose a builder with a good history of building property in North Cyprus.