The North Cyprus property boom signals North Cyprus as one of the most exciting emerging property markets in the world. Prices are low, and the land is fertile and beautiful; the perfect investment combination of affordable property and flourishing terriotory like North Cyprus.
So that our clients can truly reap the benefits when they buy a Whiterocks property in North Cyprus, Blue C Developments has partnered with Group RCI, one of the world's biggest and most experienced rental groups - with over 3 million members, and boasting over 1 million reservation bookings annually - in a secure Rental & Exchange scheme that will maximise profit on any investment on Whiterocks property in North Cyprus, and help make the most of the burgeoning North Cyprus property boom.
Under the programme Group RCI will market your property worldwide through a range of integrated campaigns, exposing your property to a vast range of worldwide databases. For investors in Whiterocks the partnership with Group RCI in Northern Cyprus means the ownership of a quality apartment in the first Northern Cyprus luxury resort, with added exposure that will maximise income, represents a good return on investment and introduces the flexibility to holiday in other luxury destinations - a unique selling point only available in Northern Cyprus when you buy a Whiterocks property.
The international standing of Group RCI, its esteemed reputation and international standing guarantee that investors who buy Whiterocks property in North Cyprus, through the Blue C Developments and Group RCI partnership , will see a return of at least 70% rental income, year on year - another unique selling point of the luxury Whiterocks resort.
Based on a property costing £86,680 (incuding furniture and fittings):
The average monthly rental income forecast = £780
The average monthly mortgage based on a 100% mortgage = £567
Monthly maintenance cost = £60
Total outgoings = £627
Gross profit = £153 monthly
Total annual rent ( from the table below) = £19,130
For those who like to travel, the partnership between Whiterocks and Group RCI allows owners to "swap weeks" in their Whiterocks apartment or property for any other RCI affiliated location in the world. Through the Rental & Exchange scheme owners can exchange "use time" of their property assets with owners of comparable real estate assets.