Blue Cove & The Karpaz
These properties are to be built on the fabulous Karpaz Peninsula. As the owner of a property here you will have the reassurance that comes from knowing that this beautiful area is protected against over-development by building restrictions imposed by the government. To the best of our knowledge, no further building permissions are currently being considered.
Many people have invested in a home in the sun in other Mediterranean countries and have seen their dreams ruined by constant construction. They have seen their property values nosedive because of over-development and are sometimes unable to sell as a result. This is highly unlikely to be a problem here. Restricted supply of new properties in an area as beautiful as the Karpaz can only send values in one direction and that has to be upwards.
So exactly where and what is the Karpaz?
The Karpaz is the tract of land that makes up the area known as the “Panhandle” in North Cyprus. This area really starts around the village of Yenierenkoy and extends to the north eastern tip of the island. This is a nature reserve and a protected area of outstanding natural beauty that provides a contrasting wonderland of tree covered hills, rugged countryside and the most fantastic unspoiled beaches imaginable. Many offer almost total solitude and one of these, Golden Sands, is ranked among the top ten in the world. Many of these glorious sandy beaches, some reached through rolling dunes, are the nesting grounds of endangered species of sea turtles that return year after year to lay their eggs.
Wild donkeys are another feature of the Karpaz and the friendly Cypriot villagers continue to live mostly off the land or from the sea. Although this location offers an unbelievably peaceful way of life, you are certainly not isolated or cut off from civilization.
Most day to day requirements can be obtained in Yenierenkoy or Dipkarpaz villages, or it is an easy drive to the major town and seaport of Famagusta for really serious shopping or for a day out in this historic city. On the way you will pass the new 5 star resort at Bafra and the quaint fishing village of Bogaz. Near to Bogaz a major development of shops and entertainment venues called the “Big Old Bazaar” is under construction. This is designed in a similar way to the old walled city of Famagusta and the traditional bazaars of Istanbul.
An additional and very beneficial development is the construction of a superb yacht marina and hotel complex some 2km from the site. This can only act as a magnet to attract new wealth to the area and we believe it will exert a very positive influence on future property values. Make sure you don’t miss the boat.