Investing In Real Property In North Cyprus: Land Measurement And Prices
With its beautiful sceneries and beaches, many people are considering moving to and buying property in North Cyprus. Right now, there are many sites where buyers can get a piece of land with good views of either the Mediterranean Sea or the Kyrenia Mountain Ranges at low prices. Some people have taken advantage of this and made some good real estate investments in North Cyprus.
The basics of buying property in North Cyprus, starts with knowing how land is measured here. The traditional units of measurement are donums and evleks, wherein four evleks make up one donum. A donum is roughly about one third of an acre. Foreign buyers can have a maximum land purchase of up to one donum. In North Cyprus, married couples are counted as one and can therefore buy only up to one donum of land instead of two.
Just like anywhere else, the price of land in North Cyprus varies per area. A seaside property will usually cost more than one that is located in the mountains. However, if a view of the sea is more important that actually living near it, then a land in an elevated mountainside will be more ideal for you.
Aside from the location, there are also other factors that contribute to how much a piece of land will cost. These are available infrastructure in the area and of course the area or size of the plot of land you are buying. When buying property in North Cyprus it is best to get advice from real estate professionals in the area.