Real estate investment in northern Cyprus: a changing market.

AKOL presents Salamis Holiday Homes - the first fully managed holiday village in the north of Cyprus.

The real estate market in the north of Cyprus is on its way to a change that has long been ignored. It is no longer just sun worshippers or retirees looking to escape the high costs in their home countries who are looking for or have already found their paradise in northern Cyprus. More and more investors are also rushing to the country and reaping the benefits of a favorable environment for their investments. The favorable location next to the European Union, without being a member of it, offers many advantages obvious on closer examination: a banking system that does not transfer information to other countries, or flexibility and informality when buying property in''island.

In addition to the steadily increasing demand for overnight stays, other countries are also looking at Northern Cyprus as a preferred destination, even outside of the traditional main markets where tourists otherwise flock to. Non-stop entry to the country, the renowned hospitality of the locals and the high standards offered to guests and visitors make Northern Cyprus an increasingly popular destination for many tourists from all over the world.

While investors used to invest in vacation homes locally and earn high returns thanks to AirBnB or booking.com, as new markets emerge, tourists' demand for overnight stays is also changing. Northern Cyprus has long ceased to be a market known for offering inexpensive beach vacations in rented places. Now guests are ready''invest more money per day of vacation in exchange for comfort, no need to cook for yourself or settle for modest furnishings in the apartments.

>AKOL GROUP OF COMPANIES, one of the most innovative construction companies on the island known for its thoughtful approach, has long noticed this trend and has introduced one of its latest projects, SALAMIS HOLIDAY HOMES, to the market. This project perfectly meets the changing needs of future guests and offers a solution for investors that capitalizes on this trend and predicts revenues well above the already high average market. Proving again that Northern Cyprus, especially in the real estate segment, has potential that, without exaggeration, can be called one''of the best in the world.

This is certainly not true of all projects or regions where construction is taking place in North Cyprus, but thanks to the foresight of the management of AKOL GROUP OF COMPANIES many years ago, land plots have already been acquired that occupy the highest position in unique locations.

The central brand, under which a single marketing offer for overnight stays is implemented, frees the investor from the time-consuming search for his own guests and guarantees professional''service from the very first minute, without the need to be on site. The innovativeness with which AKOL GROUP OF COMPANIES enters the market certainly sets new standards and, in addition to the existing hotels, offers a new brand that is not owned by a single owner but is jointly owned by a pool of investors.

This is the first fully managed resort village on the entire island. AKOL GROUP OF COMPANIES, which recently celebrated its twentieth anniversary, has already promised with an impressive presentation that the successful trail will not only be continued, but also complemented with new, future-oriented projects. The SALAMIS HOLIDAY HOMES project is an impressive confirmation of this.

For more information, please contact us:

Alexander''Abraham

Living and investing in North Cyprus

+ +90 539 110 88 00

e-mail: [email protected]

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