"Turkish Cypriot land prices up 172% in two years
Economy also catching up
Land prices in northern Cyprus have rocketed by 172% in two years and prices of housing units have leapt 36%, according to research carried out by S. Platis Economic Research and sponsored by the Peace Research Institute of Oslo (PRIO).
This is much faster growth than in the south, where land prices have risen by 14% and house prices by 10% in the same period between the first half of 2003 and the first half of 2005."
More:Financial Mirror-Turkish Cypriot land prices up 172% in two years