135 481 $
- Area
- 38 m²
- Bedrooms
- 1
Description
Flat in Northern Cyprus. City - Iskele
ID SA-070
Address: Yeniboazici, Iskele
Price: 124101 €
Total Area: 38 m²
Bathrooms: 1
Year of Construction: 2025
Property Type: 0+1 Studio Apartment, Apartment
Property Status: New Listings, New Builds, For Sale
Features
- WiFi
- Bar
- Pool
- Gates
- City Infrastructure
- Children's Playground
- Water Delivery
- Shop
- Parking
- Beach
- Restaurant, Cafe
- Sauna
- Gym
Description
A studio in a new beautiful complex will catch your attention!
We present to you a new project near Iskele. These homes are located between the city of Famagusta and the Iskele district. The entire city infrastructure is just a 10-minute drive away. Additionally, there is a well-known English private school and college right next to the complex. In Famagusta itself, you will find the largest and most prestigious university in Northern Cyprus. The project is only 600 meters from the renowned clean Salamis beach.
The complex offers pools, including an indoor pool. For sports enthusiasts, there is a gym, sauna, and Turkish bath. There is also a lounge bar, coffee shop, shops, and a bank. For children, there is a playground and walking paths.
During the construction period, fantastic installment conditions are available to you. The developer offers an installment plan until the keys are received. When choosing the apartment, you pay a deposit of 5000 pounds. Then, 40% of the cost is to be paid within 4 weeks. And that's it! The remaining 60% can be comfortably paid off over 25 years, until the keys are received.
So, a studio in a new beautiful complex is waiting for you!
Characteristics
- Property type
- Residential Properties
- Number of rooms
- 1
- Object type
- Flat
- Price
- 135 832 $
- Floor
- 0
- Year of construction
- 2025
Infrastructure
- Open pool
- Playground
- Security 24/7
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 (135 832 $) 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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