The Northern Cyprus economy has grown substantially in recent years and property investment news suggests that overseas property investors are among the principal beneficiaries.
2006 has been another formative year for property investment markets, with the likes of Bulgaria and Dubai dominating media coverage and experiencing phenomenal popularity. However, as they edge ever closer to their saturation peaks and 2006 draws to a close, investors are setting their sights on new property markets. Sales and growth in international property investment are likely to soar in 2007.
ETFs or Exchange Traded Funds are separate funds established by major financial institutions that assemble a selection of individual stocks. The stocks generally mimic performance of an index such as the S&P 500. ETF shares trade more like stocks than mutual funds and may be sold throughout the day, purchased on margin, and investors may issue stop orders. Mauro points out, "Since the actual underlying shares are seldom traded - capital gains taxes are low.