Property in North Cyrus has been appreciating in value since the election of Demetris Christofias to the Republic of Cyprus a year ago.

He now meets with his Northern counterpart – Mehmet Ali Talat  on regular occasions, and it seems that renewed interest in the island is matching the new political will of the two leaders. Christofias remarked that he wants to die assured that the Cyprus Problem has been resolved, and Mehmet Ali Talat has concurred in kind with such heartfelt statements.

During that period, when reunification looked possible, property prices rose at accelerated rates, and that was the first real step in the unique and surprising current state of the North Cyprus property boom.
The same process is in place now, and this is generally the reason for the current appreciating market; current leaders Mehmet Ali Talat and Dimitris Christofias are both fully committed to a reunification settlement, and prices are accelerating again.

And, of course, if one owns property in one’s own country,, there is potential for purchase on that property’s equity. So even during the recession, if money is scarce, equity can be the answer to the problem of financing a move into overseas investment, and overseas investment can in itself prove to be a way to turn scarce finance into fertile finance.

The current round of negotiations that are going on in North Cyprus between the leader of the republic of Cyprus, Demetris Christofias, and the primary of the de facto state of North Cyprus, Mehmet Ali Talat are making, for the first time real headway, with the UN, the EU and several non-governmental organisations all putting their optimistic support behind the leaders in the move towards Cyprus Reunification.

Ferdi Sabit Soyer, the prime miniser of the de facto nation state of Northern Cyprus not long ago called on the EU to remove  the measures that are causing the economy of north Cyprus to wither in comparison to that of its southern neighbour.

Demetris Christofias, the communist leader of the Republic of Cyprus, and his North Cypriot fellow Mehmet Ali Talat are now meeting every week, with the express aim of finalising a workable blueprint for reunification ‘by the end of the year’ according to Talat.

Recep Tayyip Erdogan, the then Turkish Prime Minister, told the international community that he ‘believed that as of today the political isolation of the Turkish Cypriot people has come to an end.’

Leading experts all agree: buying property abroad is an excellent way to beat the turbulence and troubles of a domestic market, and there is nowhere in Europe that has the same property investment opportunities as North Cyprus.

Speaking to the German publication Der Spiegel the prime minster of Northern Cyprus called ‘for all Europeans to make efforts for the removal of the isolations’ and added, in relation to the now long entrenched Cyprus problem that ‘this would has to be cured.’

Tips on buying investment properties abroad often lean toward the well established path, but Sterling’s up to the minutedealings to the Euro means that the appeal of, for example, Spanish or French properties is less than it used to be.