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Flat 70 м² in Famagusta, Cyprus

191 842 $

2 740 $ /м²

4OUoL
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Area

70 м2

Bedrooms

1

Bathrooms

1

Elegant apartment with stunning views in Iskel, Cyprus

This residential complex is located on the edge of a cliff in the Esentepe region of Northern Cyprus, east of the lively town of Kyrenia. The climate is characterized by Mediterranean weather, the summer and winter seasons are temperate thanks to the sea breeze and pine forests.The residential project is located 5 minutes drive from Korineum Golf Club, 2.5 km from the village of Esentepe, 5 km from Turtle Bay beach and 26 km from Kyrenia town center.Situated just 100 meters from a well-equipped beach and surrounded by spectacular views of the Mediterranean Sea and mountains, this complex is an ideal place for a relaxing life or vacation. Distances to amenities:Distance to the center: 900 mDistance to the beach: 750 mDistance to airport: 46 kmDistance to stores: 3.4 kmFeatures of exquisite apartments in IskelThe complex is built on a land plot of 85.000 m2. Options of studios, one and two bedroom apartments. All apartments have plastic double-glazed windows, sewerage, hot water, electricity, TV and internet sockets, choice of countertops, cabinets, stainless steel sinks and ceramic floors.The complex has several shared facilities and amenities including a communal outdoor pool, water park, gym, sauna, Jacuzzi, walking and biking trails, playground, restaurants, bars, cafes and organic gardens.

Additional details

Property type

Residential Properties

Object type

Flat

Price

191 842 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Famagusta; 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 Famagusta 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 (191 842 $) 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 Famagusta: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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