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Sunday, 10 October 2010 12:00

The touristic facility and entertainment center “Wonderland” will be erected in Gaziveren sea coast of the Turkish Republic of Northern Cyprus (TRNC).

This will be the 11th “Wonderland” in the world.

Ilbe Trading, a Turkish, British and American joint venture company, will invest 220 million USD for the facility. Foundation of the “Wonderland” will be laid on November 15, the 27th foundation anniversary of the TRNC.

TRNC Council of Ministers allocated 70 decares of area for the facility.

Kemal Durust, TRNC minister for Tourism, Environment and Culture, told reporters that this was the first investment to that region, noting that 220 million USD investment would be made to the facility.

Durust said the investment would bring economic, social and cultural development to the country.

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In 2006 I came to North Cyprus for the first time. The reason for the trip was to view and possibly purchase an apartment at a development that had caught our attention.

Before flying out I had spoken about it to some Cypriots who ran a Barbers shop in South London. When I mentioned that the development was near the town of Guzelyurt, their reply was, “Why do you want to buy there, there are no other developments, it’s just an empty beach near a sleepy town”. This was music to my ears and I had to go and see, because for someone looking for a development that has potential, it ticked all the boxes.

Secure Pre 74 title that will rise in value whatever the final political outcome, a new location but with infrastructure already being improved, undervalued market, empty beaches. Add to that the fact that I knew there was some serious Israeli funding. I flew out the next week and booked into a hotel in the beautiful town of Kyrenia. The next day I was taken out to the location of the development. The drive took us along roads lined on either side by orange and lemon groves, the trees were in blossom and the scent was intoxicating. We drove through the town of Guzelyurt where the locals went about their business in the late morning sun as described by my Cypriot friends.

After another 5 minutes we came to the village of Gaziveren and headed down a bumpy track to the coast and the Morfu bay. We arrived in an empty field close to the sea and my guide informed me that we were standing on the site. I still remember the feeling of excitement at looking at this beautiful landscape and seeing the sea a deep turquoise in the noonday sun. To the left I noticed a farm shed of some kind and made a mental note to use that as a reference point for future visits just in case my guide had brought me to the wrong field. I returned to the lawyer’s office and arranged a deposit, feeling confident that here was not only a good deal, but also something special. If ever there was an opportunity to come in on something at ground level, this was it. It’s now 2010 and the first stage of the development, which included our apartment is finished. To stand on the balcony and look out to the Morfu bay glistening in the sun is a true pleasure.

To the South and only about 15 kilometres away are the Troodos Mountains, to the North, is the Kyrenia range. Stage two is well under way. The properties are now selling for more than the initial purchase price although well below what I feel they should reach. The TRNC government are actively promoting the Morfu bay as an area for the development of Tourism and are already improving the infrastructure. There are hotels planned, the golf course is to be extended and improved and an Eco village built. The motorway from Nicosia and Ercan airport is nearing completion and a new crossing is being opened that will make Pafos airport a 45 minute car journey away.

At Aphrodite Beachfront the semi Olympic pool finished, the restaurant is open and the gym and sauna are working. The beach at the front is having a breakwater built and soon work will begin on the water sports centre and the indoor pool. For now, I can still reassuringly see the farm shed which was my reference point although that will soon be gone. We make decisions in life, some good, some not so good. This one looks to be firmly on the good side, and I would say to anyone looking to purchase on this island to consider Aphrodite Beachfront. This area is still waiting to take off and now is a good time to look to make a deal.

Article Source: http://EzineArticles.com/?expert=Mike_Stock

Below see the latest photos of Aphrodite Beachfront Village.  For more information visit our Website  www.aphroditebeachfront.com or simply email us to: info@evergreendevelopments.com

Full Gallery HERE

Beauty Contest at Aphrodite Beachfront Village, Gaziveren, North Cyprus

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Show Apartment at APHRODITE Beachfront Villag, Gaziveren, NORTH CYPRUS

Bellapais Spring Village offers you the chance to own an affordable Pre-74 Turkish Title property in one of the most sought-after residential areas of Northern Cyprus.

Pre-74 Title Deed – Your Peace of Mind -  from 91,950 Sterling.

Bellapais Spring Village is built on land that was owned by Turkish Cypriots prior to 1974. When you buy this property, you are assured of an internationally recognised freehold title deed. The title deed guarantees you free ownership of the land. Furthermore, as there is an ever-increasing demand for such title deed properties, and a very small supply, your purchase is always regarded as a very sound investment.

The Villas

Bellapais Spring Village consists of link- and semi-detached villas from 120 sqm  – 200 sqm.  Each villa has 3 large bedrooms, the master bedroom conveniently located on the ground floor with an ensuite bathroom, and two guest rooms on the mezzanine floor with a large family bathroom.
Each property has a large roof top terrace, with high quality ceramic finish, providing the perfect place to dine, sunbathe or relax in the naturally peaceful surroundings.

Each villa has a basement, with the option to convert to further living space, thus extending your property into a spacious 200 sqm home.

The Location

The charming historic village of Bellapais nestles on the mountainside overlooking Kyrenia and the Mediterranean.  Made famous by author Lawrence Durrell, author of “Bitter Lemons of Cyprus”, the beautifully preserved medieval Bellapais Abbey dominates the skyline and is floodlit at night.  Wander along the quaint winding streets to discover restaurants, cafes and craft shops — with the Abbey theatre offering the well-known annual International Classical Music Concert,  as well as a full programme of ongoing theatre and concert entertainment.

Bellapais is conveniently located just 10 minutes from Kyrenia’s Old Harbour and City Center, 5 minutes from the beach, and minutes from the shops and other attractions in Bellapais.

The Development

A short drive along the mountain side from Bellapais, Bellapais Spring Village is a stunning development of semi and link–detached villas.  The shape of the development mirrors the original spring which trickles from Bellapais Abbey, through the spring valley, and then on down to the sea.
The development is nestled in a private valley – full of carob and decades-old olive trees, as well as a plethora of succulent smelling wild herbs such as sage and lavender.  Each property offers stunning mountain and sea views, with the large roof-top viewing terraces a particularly unique feature.
Each resident will have access to communal swimming pool facilities and children’s pool , as well as the many walking and biking trails in the area, including one leading directly to the abbey.

The Location

Located only 200 meters from the beach at Crystal Bay, this select development of only 6 blocks of apartments is a full activity resort. The apartments are designed to sit at an elevated position overlooking the gardens of the lovely amenities park at Crystal Bay.

Crystal Bay Park is the most exclusive community consisting of only 20 Garden Apartments and 12 Penthouses which has been created as a recreational haven for all ages, steps from the most sought after beach in Bacheli, North Cyprus; Crystal Bay.

At Crystal Bay Park, only a limited number of residents or guests will enjoy being situated only a minute’s walk from Crystal Bay Beach in affordable properties already proven to be of the utmost in quality and high style design on the island. Come see finished show homes and judge for yourself!

On-site Facilities (See Facilities tab):

* Water Sports Club at beach
* Communal Swimming Pool
* Gym
* Tennis Court
* Letting and Management company

For more information feel free to email:  community@evergreendevelopments.com or visit our website: www.evergreendevelopments.com

Enjoy the photos!!!

Since December 2005 property owners could bring a claim before the Immovable Property Commission (“IPC”), for a fee of 100 TL per application provided they submitted title deeds or proof of ownership. As of November 2009, 433 cases had been brought before the IPC  and of these  85 had been concluded, the vast majority by a friendly settlement. Over 70 applicants took a total of €47m compensation  and 361,493 square metres of property had been “restituted”.

The Court reiterated that “an appropriate domestic body, with access to the relevant information, was clearly the more appropriate forum for deciding on complex matters of property ownership and valuation and assessing financial compensation,” In other words the IPC. The Court also stated that “it would risk being arbitrary and injudicious for the Court to impose an obligation to effect restitution in all cases – which would result in the forcible eviction and rehousing of many men, women and children.”

The Court also stressed that there was not an obligation to use the IPC and that claimants could, if they wished, wait for a political solution instead.

(article by North Cyprus Free Press,  Dominic Freeman)