Climate
The climate of Cyprus makes the island one of the healthiest places in the world, and enjoys the best type of Mediterranean climate with 340 days of bright sunshine annually

Economy
The North Cyprus economy is characterized by robustness and macroeconomic stability which is evidenced by the favourable evaluations and comments of the European Commission, the International Monetary Fund and other international organizations. Investors can take advantage of fiscal incentives and a relatively low level of taxation. Foreign investments are most numerous in the service, banking and petroleum sectors. The achievements of the North Cyprus economy have been recognized by the European Council, which invited Cyprus to join the EU at the Copenhagen summit of December 2002.

Tourism
Taking advantage of the island's privileged geographical location at the crossroads of three Continents, Cyprus cooperates with neighbouring countries such as Greece, Israel, Lebanon, Syria and Egypt. North Cyprus has a strong manufacturing economy (processed foods and beverages, paper, chemicals, textiles, metal products, and refined petroleum) and is considerably more prosperous than Turkey. Tourism has played a major part in the economy and has overcome political instability.

Low cost
The general price level of property in Northern Cyprus has remained very low compared to the UK, or even compared to Spain. A 2 bed apartment with top of the range specifications in a very good area of Kyrenia is on the market for £55,000. Prices are 20% below market value since all properties available to investors are off-plan with all required permits and permissions already in place. Investments are likely to double, within a period of 12 to 18 months by putting the property back on the market, just before completion.

Why Invest in east of Kyrenia / Esentepe area

Esentepe is the best place on the island of North Cyprus for your dream home!..and here is simply why:

. Esentepe is located only from a 20 minutes drive distance from Kyrenia .
. Unlike Lapta (West Kyrenia), there is no traffic problem driving to Esentepe even during the busy hours.
. All projects carried out by this developer in Esentepe have breathtaking sea and mountain views
. The Esentepe region has a number of sandy beaches
. There are a number of touristic walking paths and picnic areas in the Esentepe Region. Among these picnic areas is the reknown Alevkayasi Picnic Area.
. The 18 hole Alagadi Golf Course is currently under construction and is expected to be completed by November 2006.
. The large Alagadi Yacht Harbour is currently under development.

Northern Cyprus has recently begun to attract the interest of both homeowners and potential investors. At the moment the property market is just beginning to stir with intensifying media interest stimulating growth. The accession of the island to the European Union and the growing likelihood of direct flights to Ercan airport mean that prices are expected to increase rapidly in the next few years.