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Flat 75 м² in Iskele, Cyprus

ID 4OWhL
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Area
75 m²
Bedrooms
1
Bathrooms
2

Description

Flat in Northern Cyprus. City - Iskele



North Cyprus real estate: 1+1 loft apartment in Iskele 650 metres from the sea

North Cyprus real estate in Iskele is an excellent opportunity to buy an apartment by the sea for living, holiday or investment. If you are looking for a apartment in North Cyprus, apartments in Iskele, 1+1 loft by the sea, property for rent or a promising unit in one of the fastest-growing regions of the island, take a look at this modern apartment in a new residential complex. A convenient location near the sea, developed infrastructure and high investment potential make this property attractive both for living and for generating a stable income.

The residential complex is located in the popular Iskele area, just 650 metres from the Mediterranean coast. In the immediate vicinity there are hotels, casinos, restaurants, cafes, bars, supermarkets, park areas and other urban infrastructure. The area is actively developing and is considered one of the most sought-after destinations for buying property in North Cyprus.

Residents of the complex have access to developed infrastructure providing comfortable living and leisure all year round. On the territory there are two large communal swimming pools with relaxation areas and sun loungers, spacious parking, landscaped pedestrian and bicycle paths. The public beach can be reached in just a few minutes on foot.

For sale is a modern 1+1 loft apartment located on the first floor. The layout includes a spacious living room combined with an open-plan kitchen, a cosy bedroom on a mezzanine level, two bathrooms and a private terrace, which will become an ideal place to relax in the fresh air.

Thanks to the functional layout and modern design, the apartment is perfect both for permanent residence and for holidays or long-term and short-term rental.

📅 Completion of the project is scheduled for June 2026.

By investing in this property today, you acquire a promising property in one of the most sought-after resort regions of North Cyprus with high potential for value growth.
Property purchase terms
The price of the property depends on the chosen payment period:

  • £169,000 — with an instalment plan over 72 months

  • £165,000 — with an instalment plan over 60 months

  • £161,000 — with an instalment plan over 48 months

  • £155,000 — with an instalment plan over 36 months

  • £150,000 — with an instalment plan over 24 months

  • £144,000 — with full payment within 12–18 months

  • £139,000 — with 100% cash payment within 6 months


The shorter the payment period, the lower the final price of the property. This allows you to choose the most convenient purchase option depending on your financial capabilities.

1+1 loft apartment in Iskele — this is a profitable opportunity to buy North Cyprus property near the sea and become the owner of modern housing in a promising investment area.

When purchasing property - VELES Property provides assistance with obtaining a residence permit and a bank account in North Cyprus.




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Characteristics

Property type
Residential Properties
Number of rooms
2
Object type
Flat
Price
219 104 $
Year of construction
2026

Infrastructure

  • Open pool
  • Cafeteria

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 (219 104 $) 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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Flat with 1 bedroom in Iskele, Cyprus