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Villa 112 м² in Iskele, Cyprus

ID 4OWdM
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Area
112 m²
Bedrooms
4
Bathrooms
3

Description

Villa in Northern Cyprus. City - Iskele



North Cyprus Real Estate: Villas in Iskele by the Sea

North Cyprus real estate in the Iskele area is a sought-after destination for living and investment by the Mediterranean Sea. We present a new project of luxury villas in Iskele, just 600 meters from the sea, from an international developer with English roots. This property is ideal for those planning to buy a villa in North Cyprus, invest in real estate by the sea, or obtain a residence permit in a comfortable and promising region.


The project is being implemented by a well-known construction company founded in 2008 in the UK and operating in the North Cyprus real estate market since 2015. The developer has extensive international experience in the construction of roads, bridges, airfields, and residential complexes, conducts import-export activities worldwide, has real estate agencies in England, Turkey, and North Cyprus, and is also a co-owner of a local bank, which confirms a high level of reliability.


Key features of the project are modern architectural design, the use of high-quality imported materials, and professional execution of construction work. The walls of the villas are built using aerated concrete with thermal insulation, which ensures energy efficiency and comfortable living all year round — an important factor when choosing North Cyprus real estate.


The project offers luxurious 3+1 and 4+1 villas. Each villa has its own plot of land, where you can arrange a garden, a recreation area, or install a pool.
The pool is not included in the base price and is available as an additional option. The maximum pool size is 4×8 m.


Main characteristics of the project:





  • Location: Iskele, North Cyprus




  • Distance to the sea: 600 m




  • Total plot area: 13,380 m²




  • Number of villas: 18




  • No common areas — complete privacy and no mandatory maintenance fees




Favorable installment terms from the developer are available for buyers:





  • down payment — 40%




  • the remaining 60% is paid over 36 months until completion of construction




This project is an excellent opportunity to purchase a villa by the sea in North Cyprus, combining comfortable living, investment attractiveness, and developer reliability.


So, Villas in Iskele by the Sea are waiting for you





When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.


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Characteristics

Property type
Residential Properties
Number of rooms
4
Object type
Villa
Price
803 815 $
Year of construction
2027

Infrastructure

  • Open pool

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (803 815 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Villa with 4 bedrooms in Iskele, Cyprus