Since the northern part of the island is only recognized by Turkey, it is not as robust as Southern Cyprus economically and is still subject to embargoes. However, the cost of living and property in Northern Cyprus is much lower than in most European countries.

Many expatriate retirees take advantage of this advantage and relocate to the north of Cyprus to further increase their retirement income.

The northern part of the island is arguably the most beautiful part of Cyprus, with dramatic Crusader castles, white colonial villages and miles of pristine, undeveloped beaches.

Cost of living in Northern Cyprus

TRNC is definitely one of the cheapest countries to live on the Mediterranean coast. Compared to the cost of living in the UK, it's really good value, although it's slowly increasing due to the influx of tourists and expat residents.

You will find that buying and renting a property is much cheaper than anywhere else in the Mediterranean.

If you shop at local markets for fruit and vegetables, you'll be surprised how much your weight can grow. However, imported products are expensive as they can only be delivered via Turkey and are subject to heavy taxes.

Eating out is also inexpensive, especially if you can find small local taverns away from the touristy areas.