Area
114 м2
Bedrooms
3
Bathrooms
1
Year of construction
2023
Apartment in North Cyprus. Town - Iskele
The ready 2+1 Apartment in Iskel will attract your attention!
The developed infrastructure maximizes the quality of life for residents. Offering outdoor, play and sports fields, walking trails, green areas. Thanks to its close proximity to the city center, the main needs of residents are met. These include access to banks, cafes, schools and hospitals.
The ready 2+1 Apartment in Iskel is waiting for you!
When buying this apartment - VELES Property provides assistance not only in obtaining a residence permit, but also a bank account, driver's license, health insurance, and a car in North Cyprus!
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Additional details
Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
213 045 $
FAQ
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 (213 045 $) 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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