Cyprus, one of the best places in the world to buy real estate

FORBES Magazine's suggestion: Buy property in these 5 coastal spots of the world!

According to the studies of the prestigious Forbes magazine; One of the most reliable property buying research sites in the world, you can invest in these 5 beach spots!

It is interesting to know that the world's best buys in the field of coastal property in 2021 are in Northern Cyprus, Colombia, Brazil, Mexico and Belize.  

The present article is from The Live and Invest Overseas's 2021 Global Property Survey, an annual index that examines property ownership costs in the world's top places to live or retire abroad.  

The survey considers the cost of buying two-bedroom apartments between 70 and 100 square meters (about 800 and 1,100 square feet) in neighborhoods where an expat retiree is likely to make a purchase.

If you dream of retiring on the beach, here are five affordable options for you. Also, each of the cases offer a good investment or rental opportunity and make them the best option for buying; Part-time personal use and generating cash flow converts. to the local currency when you are elsewhere.    

Number 1: Skele, North Cyprus

North Cyprus, located on the Mediterranean Sea between Europe and Turkey, may not be at the top of most Americans' bucket lists, but this former British colony has a lot to offer. This island is located in the best Mediterranean sea with a low cost of living compared to other places. North Cyprus is also a safe and pleasant destination with a developed tourism infrastructure, including clubs, casinos and luxury hotels, more affordable than its counterparts in France or Italy.

In addition to the low cost of everything, the main attractions are the sand and the sea. You could have an ocean view apartment with direct beach access for $75,000 at current exchange rates (real estate in Northern Cyprus is traded in British pounds). Buying with pre-paid financing is also possible, which means that the required capital is already low.      

Look specifically along Iskele (pronounced ee-skeh-leh), on the east coast. This area is known for the most beautiful and longest beach on the island, as well as its special seafood. Retiring in North Cyprus means living outside the more familiar European or American continent. If you're looking for adventure at this stage of your life, while stretching your retirement budget to afford a luxurious and affordable standard of living .on one of the most beautiful coastlines in the world, North Cyprus should be at the top of your list      

Number 2: Santa Marta / Colombia

Number 3: Fortaleza, Brazil

Number 4: Mazatlan, Mexico

Number 5: Ambergris Caye, Belize