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Property investment in Northern Cyprus continues to be marred

Property investment opportunities in Northern Cyprus continue to be marred by political uncertainty over developments in the island as on a visit to Northern Cyprus, Ahmet Davutoglu, Turkish foreign minister, said that they shall not allow the continuation of the status quo which meant Turkish Cypriot people’s being unable to enjoy basic rights.

In a message to the Cyprus Turkish people, the Turkish Foreign Minister reminded that the people of Northern Cyprus had demonstrated its will towards a settlement and changed the international community’s perception towards the Cyprus Problem.

He emphasised that the Cyprus Turkish people continue to suffer under international embargoes, which had an obvious impact on property investment, despite having voted in favour of the UN-sponsored plan in 2004. He said that the Cyprus Problem continued to pose a major obstacle for a large number of issues and projects within the EU, and the continuation of the international isolation of the TRNC people was inexcusable.

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