Apartment in Northern Cyprus. City - Iskele
Luxury living in a family owned and guarded residential complex in Cyprus.
We offer you an exquisite two-bedroom apartment located on the 10th floor of an eleven-storey building completed at the end of 2023. These modern apartments offer magnificent views and are equipped with the latest amenities to ensure a comfortable and luxurious lifestyle.
The apartments are contemporary in style with high quality finishes, making them the perfect place to live. Each apartment has two spacious bedrooms, a living room, kitchen and a large terrace. The spacious layout creates a feeling of freedom and comfort.
The complex is equipped with silent modern elevators and video surveillance system, providing security and convenience of living. Residents of the complex can enjoy eleven swimming pools with aqua-hills, tennis court, basketball and soccer courts. For a pleasant pastime there are cafes, bars and restaurants, as well as barbecue areas, specially created for the residents of the complex.
The location of the complex is one of its main advantages. Just 1 kilometer from the Mediterranean Sea, you can enjoy the beaches and sea breeze in the
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 (207 436 $) 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).
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