Flat 55 м² in Iskele, Cyprus

236 132 $

4 293 $ /м²

4OW90

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #1

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #2

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #3

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #4

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #5

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #6

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #7

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #8

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #9

Flat 55m² in Cyprus, Iskele. Priced at 174900£ rent photo- #10

Area

55 м²

Bedrooms

Bathrooms

Year of construction

2027

Apartment 1+1 in the new complex GrandSapphire BLU, Iskele

Grand Sapphire Blu is specially designed to present everything you need for 7-star living; 5-star hotel and casino , Supermarket , Kids Club , Punta Cana , the largest swimming pool on the island with 4000 m2 , total pool area over 10000 m2 , beach pool (with artificial beach) , landscape pool on the 27th floor, Multi-sports courts , Padel Tennis, Open Air Cinema, Aquapark, Fit Plus, Organic Spa, Pet Park, Walking paths, Indoor and outdoor parking, Ballroom and conference room
Apartments for sale 1+0, 1+1, 2+1

Additional details

Property type

New Building

Number of rooms

Object type

Flat

Price

236 132 $

Condition

New Building

Characteristics

Sea View

Purchase method

Installment plan

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Iskele; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Iskele short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (236 132 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Iskele: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).