No overcrowding, no heavy industry, no pollution, no traffic, and no stress… relatively unknown to foreign visitors, Cyprus is a romantic land blessed with mountain ranges and white-sand beaches.
Like in California, you could surf in the morning and ski in the evening, maybe with a stop at a vineyard for lunch. Unlike California, however, you could live here—and live well—on a budget as low as US$1,000 a month.
All while enjoying a safe, tranquil life with quick access to the hustle and bustle of Europe’s finest cities.
Cyprus is an island nation that floats in the Mediterranean Sea south of Turkey, west of Syria and Lebanon, and north of Egypt. With a population of 1.2 million people, it is the third-largest island in the Mediterranean.
Is Cyprus In Europe Or Asia?
Cyprus sits at a crossroads between Europe and the Middle East. Its interesting geographic position led many to think of the island as a part of Asia…
Meanwhile, its culture, history, and political influences give Cyprus a European feel. Although officially a member of the EU since 2004, the debate continues as to which continent Cyprus belongs to, earning it the title of a “transcontinental” nation.
What Is Northern Cyprus?
Northern Cyprus is an area of Cyprus that Turkey recognizes as an independent nation. Officially the Turkish Republic of Northern Cyprus (TRNC), the “Green Line” divides this part of the island and the Republic of Cyprus. The TRNC is only recognized as an official state by Turkey, which has political control over this part of the island. The rest of the island, and the rest of the international community, simply view the TRNC as a region of Cyprus.
Talks of reunification have bubbled up and fizzled out over the years. One sign of progress is that, in 2003, restrictions on freedom of movement between north and south were eased, allowing Cypriots to travel freely across the island for the first time in 30 years.
Despite the political issues, business continues as usual on both sides of the border. However, real estate in Northern Cyprus, and general day-to-day expenses are significantly cheaper there, as it uses the Turkish Lira as its currency.
Is Cyprus A Good Retirement Destination?
White-sand beaches, warm water, year-round sunshine, and one of the healthiest diets in the world… for sun and sand lovers, it’s hard to beat the Mediterranean lifestyle. Yet when most people think about living and investing in the Mediterranean, it’s the hot spots along the Spanish Costas and the French Riviera that spring to mind… places where the good life comes at a hefty cost, and property goes into the multi-million-dollar range quickly.
Cyprus, a lesser-known corner of the Mediterranean—includes all the trappings of this good life… but here, you can own property from as little as US$75,000. It’s a no-brainer for those on a lower budget lusting after a Mediterranean retirement. This fascinating island has plenty of things to see, do, and discover. It may even surprise you with its quirky facts.
Retirement in Cyprus delivers all of the perks of the Med for a fraction of the cost of more well-known destinations. Make a move to undiscovered paradise before the Mediterranean’s best-kept secret gets revealed.
