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Penthouse 86 м² in Iskele, Cyprus

ID 4Oj6K
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Area
86 m²
Bedrooms
2
Bathrooms
2

Description

Penthouse in Northern Cyprus. City - Iskele

North Cyprus property: exclusive 2+1 penthouse with title in Caesar Resort 1 (Iskele, Long Beach)

We offer an exclusive 2+1 penthouse with a title in the prestigious resort complex Caesar Resort 1 in the Iskele area - Long Beach. This is a unique offer in the real estate market of Northern Cyprus: a penthouse with a roof terrace of 150 m2, a panoramic view of the Gulf of Famagusta and the mountains of Karpaza, ready for year-round living. An excellent option for both personal housing and high-yield rentals.



Description of the object:

Penthouse 2+1 with a total area of 101 m2, includes:





  • 2 bedrooms




  • 2 bathrooms with showers




  • Individual roof terrace 150 m2 with a rest area, arbor and BBQ




  • expensive repair, made in a modern style




  • The object is fully staffed and ready to move in




What is included in the apartment:


  • 3 air conditioners



  • 3 convectors




  • 3 refrigerators



  • washing machine




  • window, microwave, gas stove




  • warm floors in the kitchen area




  • video surveillance system (4 cameras)




  • satellite TV (2 TVs)




  • furniture in the living room and bedrooms




Infrastructure of Caesar Resort 1

The resort complex provides the infrastructure level 5ный:




    groomed landscape area




  • Many pools (including heated indoors)



  • tropical pool and water park



  • premium restaurants, cafes and bars




  • BBQ zones




  • Golf course under construction




Readiness and conditions of purchase

✔️ TITLE IN CASH
✔️ Penthouse ready to move in
✔️ Suitable for personal living and renting with high income



" The penthouse at Caesar Resort 1 is a rare offer for those who want to buy property in North Cyprus by the sea with the maximum level of comfort, prestige and infrastructure.

So, the exclusive 2+1 penthouse titled Caesar Resort 1 (Iskele, Long Beach) is waiting for you!





When buying this property - VELES Property provides assistance not only in obtaining a residence permit, but also in a bank account, driver's license, medical insurance, as well as in selecting a car in Northern Cyprus!



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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Penthouse
Price
220 401 $
Year of construction
2012

Infrastructure

  • Open pool
  • Cafeteria

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 (220 401 $) 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).

Related sections

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