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05 February Sunday

    
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A Time to Buy Property in North Cyprus

The Time to Buy

The economic global crisis has not had such an effect in North Cyprus as other countries but there are a number of below market value properties available, added to this the relatively low price of property in Northern Cyprus in comparison with other European destination means your money will go a lot further.

As with economic booms and peaks experience has shown us all that recessions do not last forever. This is the perfect time to invest in North Cyprus, your cash is powerful and you will reap the benefit in the near future.

North Cyprus is benefiting from a two month reduction for VAT. For unused 0km and imported second hand cars VAT has been reduced from 20% to 10%. Motorbikes, commercial vehicles, white goods and electrical have all had VAT reduced from 16% to 8%

The conclusion is that North Cyprus has so much to offer and is ripe for investment – watch this space!