Flat in Northern Cyprus. City - Iskele
North Cyprus real estate — a 1+1 apartment in Iskele in the EDELWEISS residential complex by Long Beach is an excellent option for living, vacationing and investing in North Cyprus real estate. If you are looking for an apartment in North Cyprus by the sea, property in Iskele for rent or a move-in ready apartment near Long Beach, this property combines a advantageous location, developed infrastructure and high investment potential.
The apartment is located in one of the most sought-after areas of North Cyprus — Iskele, just a few minutes' walk from the famous Long Beach. Nearby are supermarkets, restaurants, cafes, entertainment venues and a casino. The area is ideal both for a comfortable holiday and for permanent residence, thanks to its developed infrastructure and stable demand for North Cyprus rental property.
The offered 1+1 apartment with an area of 65 m² is located on the 13th (top) floor, which provides a panoramic sea view and complete silence with no neighbors above. The property is fully furnished and equipped with modern household appliances, allowing you to move in or rent it out immediately.
A large balcony connecting the two rooms creates additional space for relaxation with a sea view.
Infrastructure of the EDELWEISS complex:
The apartment is ideal both for personal living and for investment in North Cyprus real estate with the possibility of renting it out through the complex's management company.
The property is fully ready for occupancy, all taxes paid. Purchase in installments or through credit programs is possible.
Why you should buy North Cyprus real estate in EDELWEISS:
The 1+1 apartment in EDELWEISS in Iskele — a combination of comfort, sea and a profitable investment in North Cyprus real estate.
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 (149 743 $) 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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