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Flat 60 м² in Iskele, Cyprus

ID 4OjIQ
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Area
60 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Iskele

North Cyprus Real Estate: 1+1 apartment by the sea in Long Beach — a profitable investment and high rental income
North Cyprus real estate in the Long Beach area — one of the most sought-after options for investment, holidays and permanent residence. If you are planning to buy an apartment in North Cyprus, looking for apartments by the sea in Iskele, investment property in North Cyprus or a property with high rental potential, this spacious 1+1 apartment will be an excellent choice. Thanks to its convenient location just a few minutes from the beach, attractive price and developed infrastructure, the property is ideal both for personal living and for generating stable passive income.

A spacious 1+1 apartment with a total area of 75 m² with a large balcony of 15 m² is offered, located in the prestigious Long Beach (Iskele) area. The well-maintained sandy beach can be reached in just 5 minutes, which makes this property especially attractive for holidays and year-round rental.

The apartment is located in one of the largest modern residential complexes in the region with infrastructure of a 5-star resort level. Residents have access to outdoor pools, restaurants, cafes and bars, shops, a SPA centre, a fitness room, sports grounds, children's play areas and landscaped walking areas. All conditions are created for comfortable living, family holidays and a profitable investment.

Thanks to the rapid development of the Iskele area and the constantly growing demand for rental property, the apartment has high investment potential. It will be an excellent choice for those who want to preserve capital, receive stable rental income and own liquid real estate on the Mediterranean coast.
Advantages of the property:

  • Spacious 1+1 apartment with an area of 75 m²;

  • Large balcony of 15 m²;

  • Just 5 minutes on foot to the sea and the beach;

  • Prestigious Long Beach area, Iskele;

  • Infrastructure of a 5-star resort level;

  • High rental demand;

  • An excellent option for holidays, living and investment;

  • High potential for property value growth.


So, a 1+1 apartment in Long Beach is an excellent opportunity to buy liquid real estate in North Cyprus by the sea at an attractive price with high investment potential!


When purchasing real estate – VELES Property provides assistance with 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
89 456 $
Year of construction
2020

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

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 (89 456 $) 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