Flat in Northern Cyprus. City - Iskele
ID SA-1207
Address: Iskele, Iskele Boaz
Property Area: 69 m²
Bedrooms: 1
Bathrooms: 2
Year of construction: 31-12-2025
Property Type: 1+1 One Bedroom Apartment, Duplex, Apartment
Features
Description
1+1 Duplex in Iskele will catch your attention!
So, we offer you to invest in an elite complex. It is designed to provide the perfect balance of style and comfort in each apartment.
Three courtyards inside give the project a unique atmosphere. Furthermore, the magnificent landscaping project, large communal pools, shopping street. Restaurants, indoor pool, SPA, fitness center. Picnic area, tennis and basketball courts provide an extensive social living area. The complex is located just 600 meters from the Mediterranean coast.
The best purchase option is a one-bedroom duplex. Its area is 55 square meters. There is also a balcony with a magnificent view of 7 square meters. The apartment has a bright bedroom, a living room with a kitchen, and two bathrooms.
Construction will be completed in December 2025. Currently, the developer offers a very advantageous payment scheme. Deposit of 5000 pounds. Total of 35 percent - first installment upon signing the contract. Then 45 percent - in installments until the keys are handed over. And 20 percent - after delivery in installments for 1 year.
So, 1+1 Duplex 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 (182 834 $) 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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