A “Sleeping Beauty” Market

Hidden away along a 400-mile pristine coastline, we have uncovered one of our favorite investment plays—hugely profitable, but not so easy to pin down—it’s what we call a “Sleeping Beauty.”

That is, this is a destination emerging as a vacation hot spot… however, the real estate market has not yet caught up with the trend.

Once an overlooked European outpost, Cyprus has begun an ambitious rebranding in recent years…

New hotels are popping up along its golden-sand beaches—luxury marinas, five-star resorts, world-class golf courses, and casinos (including the largest in Europe). These mega-amenities are set to open in 2021, creating thousands of jobs alongside a massive tourism boost.

Prior to COVID-19, tourism was breaking records every year, reaching a high of nearly 4 million visitors in 2019. Even in the winter months (thanks to the year-round sunshine), airlines saw a further 8.6% increase in January 2020.

Word is starting to get out…

Condé Nast calls this “The Hottest Island on The Med.” And USA Today claims it’s “the next big under-the-radar vacation destination.”

Cyprus boasts a well-handled response to COVID-19, was in good economic shape going into the crisis, and will emerge relatively unscathed… (In fact, we know of Brits with second homes in Cyprus who fled the U.K. to ride out the storm on the island.)

All strong indicators for a profitable rental investment.

What’s more, unlike comparable coastal towns in France or Spain—where beach property comes with a hefty price tag, sometimes running into the millions—the real estate market here has yet to reach its potential.

To that end, we’ve honed in on Northern Cyprus, where you can pick up beachfront property for just US$90,000…