Villas for sale in Northern Cyprus – Modern vs Resale villas
Looking to buy a villa in North Cyprus? While you may have already decided on the size, features, and budget, have you given much thought to the style or design of the villa you prefer? The type of interior and exterior villa style you choose can reflect your personality, how you want to live, and your desired surroundings. That’s why it’s essential to consider the design of the villa you want to buy carefully.
Conventional property search sites like Rightmove only allow you to search by price, location, and the number of bedrooms. But at North Cyprus Villas for Sale, Select Estates offer a vast and amazing range of villa types, exterior styles, and designs that cater to every taste and preference. We have classified our villas into seven major design types, including Mediterranean, Traditional, Bungalows, Townhouse, Ultra-Modern, Luxury Designer, and Turkish Style Villas.
Each type has its unique features and styles, giving you the flexibility to choose a villa that suits your personality and preferences. For example, if you love the old-style properties with lots of marble and exposed stonework, our Traditional Villas may be a perfect fit for you. On the other hand, if you prefer a modern and minimalist look, our Ultra-Modern Villas may be more suitable.
At North Cyprus Villas for Sale, we understand that everyone is different, and that’s why we take pride in matching our clients with their perfect North Cyprus villa. So, whether you are looking for a luxurious designer villa or a cozy bungalow, we’ve got you covered. Contact us today to explore our vast range of North Cyprus Villas for Sale and find the perfect villa that reflects your style and personality.
The property market in North Cyprus
The property market in North Cyprus has undergone a significant transformation in the past year and has become a sellers’ market, particularly for cash buyers. If you’re a property investor, there’s still an opportunity to invest as prices are continuously rising. However, we suggest that you act quickly to secure the best deals available.
North Cyprus shares many similarities with other Mediterranean property markets that have experienced a post-COVID boom. As a result, there is now a shortage of affordable “old price” properties, particularly villas that were built between 10 to 18 years ago. These properties are in high demand, and as such, the supply is dwindling, leading to a rise in property prices.
Due to the rapid sales of properties, it’s essential to keep up to date with the latest information and be prepared for online listings to become quickly outdated. We advise that you prepare your viewing list shortly before your visit to ensure that you can see the properties you’re interested in.
The price disparity between newer, high-quality new-build properties and older resales has increased, with new-build properties often being twice the price of older properties for the same size property. Additionally, cash buyers from many parts of the world where there was previously little demand for North Cyprus property are now entering the market. This creates even more competition, and private resale sellers now prefer cash buyers, which has nearly eliminated bank mortgages as an option for overseas buyers.
In conclusion, if you’re interested in purchasing a property in North Cyprus, it’s still a good time to buy, but we recommend that you act quickly to secure the best deals available. Be prepared to be flexible on the type of property you’re willing to purchase within your budget, as the market continues to evolve rapidly.