Date published: 01.09.08 - not release date

Cyprop Introduce Easy Payment Plans For North Cyprus Properties

Cyprop, the North Cyprus property specialists, announced today that they'll soon be in a position to offer finance options on some of their property developments in North Cyprus. They are expecting to be able to offer 50% of the purchase price of a new property spread over the build term and the other 50% financed over 5 or 10 years. The loan will be secured on the property in North Cyprus.

Cyprop Director Matthew Thole commented “We are all very excited about being able to offer our clients finance to help them buy their dream holiday home in Cyprus. This new facility puts the luxury of an overseas property, whether it’s for an investment or second home, within the reach of everybody.”

Rapid growth in North Cyprus property market

Prices start from as little as £39,500 and Cyprop’s property for sale in Cyprus include everything from apartments to exclusive luxury villas. Flexible payment terms will be available on some of these developments from as early as next month. Cyprop regard today’s announcement as another step in the right direction for the North Cyprus property sector and a further sign of their confidence in this emerging market.

Thole went on to say “ We are here for the long term and we offer both stability and security for investors in what is still a hugely undervalued marketplace. While the UK property market may have stalled, North Cyprus is showing all the signs of a property boom.”

Cyprop

Cyprop’s directors have over 20 years experience in developing and selling properties on Spain’s Costa del Sol. They first entered the North Cyprus property market after the introduction of border crossing which enabled people to go from the relatively untouched north of the island to the over-developed, more established south and vice versa. Now, working with some of the most respected and experienced property professionals on the island, the Cyprop team have brought a new dynamism and focus to property investment in North Cyprus.

Cyprop Chief Executive Officer Richard Appleberg says “ North Cyprus reminds me so much of the Spain I fell in love with as a young man in my twenties. I am so excited about being involved in helping this beautiful unspoilt corner of the Mediterranean to blossom.”

Further information:

For more info on viewing trips, or on any of CYPROP’s overseas investment property opportunities in North Cyprus contact 020 7736 0004 or e-mail info@cyprop.co.uk

Cyprop is a trading division of Hartington Overseas Ltd with offices in London and North Cyprus. They work with their chosen partners in North Cyprus to develop properties of the highest quality. All Cyprop developments take place in carefully selected locations and offer excellent value to both home buyers and investors alike.