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Flat 42 м² in Iskele, Cyprus

ID 4Ofwp
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Area
42 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Iskele

North Cyprus Real Estate: one-bedroom apartment in Iskele near Long Beach
North Cyprus Real Estate is one of the most sought-after destinations for buying a home by the sea, vacationing and profitable investments. If you are looking for a one-bedroom apartment in North Cyprus, take a look at the modern residential building in the Iskele area, near Long Beach. The property is located just 400 meters from the sea, which makes it an excellent option both for living and for investing in North Cyprus real estate.

This modern eight-storey building is located in one of the most promising areas of the island. Thanks to its proximity to the sea, residents can enjoy clean sea air, a mild climate and picturesque coastal views every day.

A separate advantage is the well-thought-out infrastructure of the building: convenient car parking is provided on the ground floor, which ensures comfort and safety for all residents.

The location of the building is extremely convenient: shops, cafes, restaurants and bars are within walking distance. This ensures a high level of comfort and makes everyday life as convenient and vibrant as possible.

The project offers apartments in 1+1 and 2+1 layouts, designed in a modern architectural style. Spacious layouts, high-quality finishing materials and panoramic windows create a feeling of light, space and coziness. Each apartment is suitable both for permanent residence and for renting out.

The building was commissioned in May 2024, which makes it fully ready for occupancy and use.

If you are looking for North Cyprus real estate, an apartment in Iskele, housing near the sea, apartments at Long Beach or investment property in North Cyprus, this property will be an excellent choice for comfortable living and stable income.


When buying 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
2
Object type
Flat
Price
138 074 $
Year of construction
2024

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 (138 074 $) 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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Flat with 1 bedroom in Iskele, Cyprus