For more than a year I searched for a good investment property in North Cyprus. While Turtle Bay was offering a two-year, five percent guaranteed rental income, the location was not likely to attract renters and it appears the rental guarantee was worked into the purchase price.

About two months ago,I stumbled onto a website of an property agent in the Liverpool area and saw a posting for a project called "Blossom Kyrenia" on the backside of the Club Zeus area where there is a lot of new reidential construction going on.

Anyway, I'll cut things short. The developer is offering a four-year, 10% per annum guaranteed rental income in a prime location with a strong rental market!!

I checked them our and quite a few UK agents work with them (15 that I found), including some of the bigger property agents. Locally, the more reputable agents are also handling this property.

After doing a background check of my own, I have decided to make a purchase at Blossom Kyrenia. However, if any of you out there have any information, I would be more than glad to hear from you before I sign the contract that was sent to me. My lawyer checked the contract and approved it, but I am always willing to take advice from anyone else who is known anything else about this project.

Remember the following saying:-

If it sounds too good to be true it usually is

Take a look at the following link:-

Residential Development for sale in Kyrenia - Find a Property

Their claims are really pie in the sky, here is just one of them:-

For the past three years properties in North Cyprus have soared skywards with an average 25% per annum increase in value.

tim10, or is it breyer
Don't buy from Blossom Kyrenia, they're worse than Evergreen.
I've heard that when the sun shines their properties melt !!!!

Nice 1 Suntan

Blossom ?, what sort of developer would call his company Blossom ?

Is this an attempt at gender freindly advertising or is somebody having a gender crisis, I wonder !.

Met a girl called Blossom many years ago, building sand castles on the beach.
I hope the properties in N Cyprus are built better than hers, they washed away when the tide came in.

I'm being childish now and lowering myself to timbreyer's standards.

Does anybody know about Blossom in Alagadi and Esentepe?

Info

Property in Northern Cyprus - Villas & Apartments For Sale

Graham

Hi there - I have also found this evelopment website and am wondering how you are getting on and would reccomend. As there are so many agents promoting this project is there any particular one you would reccomend.
Many thanks

We have just returned from NC and I know that North Cyprus International have these on their books.
Couldnt actually find the plot so we never took it any further but might be worth having a chat with NCI
Sheila and Phil