Area
55 м2
Bedrooms
1
Bathrooms
1
Year of construction
2014
Apartment in Northern Cyprus. City - Iskele
Purchase of ready-made 1+1 apartments in Northern Cyprus will attract your attention!
We offer you ready-made 1+1 apartments located in a picturesque corner of Northern Cyprus. This apartment is ideal for those who appreciate comfort and convenience. The area of the property is 55 m2 and there is also a spacious terrace of 30 m2 where you can enjoy morning coffee or evening sunsets.
The location of the apartment is five minutes drive from the sea. This is a significant advantage for beach lovers. In addition, there is a developed infrastructure nearby: the complex has a restaurant where you can try local cuisine, and there are several swimming pools for summer holidays.
These apartments are ideal for quiet life and relaxation. If you are looking for cheap accommodation in a quiet location, your choice is exactly for these apartments.
Do not miss the opportunity to become the owner of a cozy corner in Northern Cyprus. Contact us to find out more information and organize your viewing!
So, Purchase of ready-made 1+1 Apartments in North Cyprus is waiting for you!
When buying these apartments - VELES Property provides assistance not only in obtaining a residence permit, but also with a bank card, a medical and a bank account
Additional details
Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
65 165 $
Infrastructure
Open pool
Cafeteria
Playground
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 (65 165 $) 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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