Sweetwaterbay, a leading development company in northern Cyprus properties, was recently awarded Platinum Best Development in Northern Cyprus as well as a Gold Award for the Best Seaside development.

The luxurious development, Located in a stunning natural sea front landscape east of Kyrenia in North Cyprus, offers brilliantly planned villas, bungalows, garden apartments and penthouses in one of the most beautiful landscapes in Northern Cyprus.

The project demonstrates an environmentally friendly site architecture and design. All units are located in a gated community and their interior design may be chosen beforehand. The units are well facilitated, offering a fully equipped kitchen, white goods and wardrobes throughout the property.  All this, within a 100 meters walking distance from a private beach.

A restaurant / bar was opened as a part of the project on 23rd of December 2009, and offers Beverages, Alcoholic Drinks and snacks to accommodate the Sweetwater bay clients and residents. An extended menu will be presented in accordance with the high season and clients demands.

A closer look at the Real estate in North Cyprus shows that it started to boom in 2004, when the citizens of North Cyprus voted favorably for to the proposed United Nations “Annan” Plan and for the peaceful reunification of Cyprus. The high demand for rental properties in north Cyprus as well as the fact that there are no capital gains taxes on individuals; make this project an attractive investment opportunity.

Sweetwater bay development is now complete and though most of the units were already snapped up over the summer and autumn months, there are still a few remaining unsold units available for purchase. These units are currently held and maintained by Sweetwater Bay Properties Ltd until they are sold.