Flat in Northern Cyprus. City - Iskele
Property type: 1+1, Apartment
Bedroom: 1
Bathroom: 1
Total area: 80 m²
Year built: 2024
Address: Iskele
1+1 Apartment in Iskele will catch your attention!
This luxurious complex is the epitome of comfort and luxury. Built to the highest standards, it promises the comfort of a five-star hotel.
The complex is divided into 4 blocks and consists of 410 apartments of different layouts, including 1+1, 2+1, 3+1 apartments, and luxurious 4+1 penthouses. Here you will find a variety of amenities to satisfy even the most demanding needs: a children's center, fitness center, pool, spa center, hammam. There are also a restaurant and shops. Each apartment in this complex is equipped with top-quality materials, providing maximum comfort and functionality.
Cozy 1+1 apartment with a total area of 80 m² is the perfect residence for a single person or a couple. Inside, you'll find a bright and spacious room. Large windows fill the room with light, creating a cozy and naturally lit atmosphere. The kitchen in this apartment is designed in a modern style and combined with the living room. The bathroom also features a modern design and is equipped with a shower cabin, toilet, and sink. Additionally, there are closets in the apartment. The finishing touches include suspended ceilings and laminate flooring. Plus, you'll enjoy a balcony where you can savor your morning coffee.
Features:
During the construction phase, you can take advantage of a favorable installment plan. Just 5% of the apartment's cost is required for reservation. The initial payment must be made within a month from the contract signing. The remaining % can be paid in installments until receiving the keys. A credit option up to 24 months is also available (discussed individually).
So, the 1+1 Apartment in Iskele 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 (152 439 $) 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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