North Cyprus Property, Northern Cyprus Property, North Cyprus Homes, Villas

Saturday
17 May 2008

Financing your Property
in North Cyprus

One of the most popular ways to finance the purchase of a property abroad is to raise the cash against your property in the UK.

Mortgage lenders in the UK do not currently lend money directly secured on your home in North Cyprus, but the purchase of a property can be financed by releasing the equity in your UK property.

Buying property in North Cyprus usually requires either Cash payment or Staged Payments based on the build times, which generally equates to a two year payment plan. It has been recognised that this is restrictive to potential purchasers and not every individual has the luxury of meeting cash sales or two year payment terms.

This being the case some developers are currently offering their own mortgage/financial packages with lending terms of between 5 and 15 years, subject to the individual developers terms and conditions.* Deposits of between 30% and 50% are normally required in these instances.

We are also able to offer a Land Indemnity Guarantee Insurance to any client with concerns regarding any potential future settlement between North Cyprus and the south . Further details on application.

* available on selected properties.

Welcome to North Cyprus

North Cyprus
"Island of Opportunity"

Many sources in North Cyprus feel the "sky is the limit" on the prospects to this part of the island and the growth return is currently estimated at between 40-60% and smart investors are taking advantage of this opportunity.

Before investing in North Cyprus, Dream Homes will assist clients with information on the growth areas and what they have to offer to enable them to make a sound investment in the North Cyprus Property Market. Our goals are to assist our clients with every aspect of their needs .