"The affordable Mediterranean
By Monica Porter
Published: October 28 2005 13:05 | Last updated: October 28 2005 13:05
Andrew Golden, an entrepreneur whose colourful career has encompassed Fleet Street journalism and rock music management, fell in love with Northern Cyprus five years ago when he visited it on holiday. He felt there was significant investment potential in this rugged, unspoilt land and decided to invest in property there.
�Most of the Mediterranean is over-developed and far too touristy,� he says, �which is the problem with Southern Cyprus. But the Turkish north of the island was still largely undeveloped, with a lovely, quiet coastline. I had already invested in property in the UK, and decided it was time to expand. So I toured the island looking at properties, which at the time were very cheap.�"
More:FT.com / Your Money / Money maverick - The affordable Mediterranean
