Flat in Northern Cyprus. City - Iskele
ID SA-074
Address: Iskele
Price: from 97,525 €
Living Area: 56 m²
Bathrooms: 1
Year Built: 30-06-2022
Property Type: 0+1 Studio Apartment, Apartment
Features
Description
This apartment in a prestigious project will catch your attention!
We offer you to look at the MOST PRESTIGIOUS PROJECT IN NORTHERN CYPRUS, it received PLATINUM AWARDS in 2016. This residential project comes with a five-star service and specially designed apartments.
The complex is just a five-minute drive from Long Beach. The complex has pools with a total area of 6000 sq.m. Waterpark with slides. Restaurant and English pub. There are also shops. And for those who enjoy an active lifestyle, there is a gym and SPA center. Open and covered parking. Reception is open 24 hours a day, 7 days a week. There is also a taxi service and car rental. Transfer to the equipped beach. And for children, there are playgrounds and a mini zoo. 24-hour security and video surveillance.
This is already a functioning complex, it was completed in June 2022. Currently, the following units are for sale:
We offer you to buy a spacious studio of 56 square meters with a balcony and magnificent views.
Or a spacious one-bedroom apartment of 80 square meters. With a balcony, one bathroom, and magnificent views.
Or a spacious two-bedroom apartment of 130 square meters with a balcony, two bathrooms, and magnificent views.
So, an apartment in a prestigious project is waiting for you!
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 (106 936 $) 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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