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Loft 62 м² in Iskele, Cyprus

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Area
62 m²
Bedrooms
1
Bathrooms
2

Description

Loft in Northern Cyprus. City - Iskele


Buy a loft in Iskele near Long Beach — seafront real estate in Northern Cyprus for living and investment
Real estate in Northern Cyprus in Iskele, especially near the popular Long Beach, is one of the most promising directions for buying a home by the sea, investment and rental income. A loft apartment in the modern ELYSIUM 2 project is an excellent opportunity to buy real estate in Northern Cyprus at a favourable price at the construction stage, suitable for holidays, permanent residence and long-term investments.

The ELYSIUM 2 project is located in a quiet area of Iskele, just a few minutes from the famous Long Beach and the equipped beach club. Thanks to its convenient location, all necessary infrastructure facilities are nearby: shops, cafes, restaurants, pharmacies, casinos, a medical centre, schools, colleges and universities.

The project territory offers modern amenities for comfortable living: a large swimming pool, a recreation area, parking spaces and landscaped walking paths. The architecture of the complex is made in a modern high-tech style using panoramic glazing, which provides plenty of natural light and opens up beautiful views.

The 1+1 loft in Iskele offered for purchase has a total area of 84 m² and is designed in a duplex format. The apartment includes two levels, a separate private sleeping area and a balcony of 11 m². Thanks to the thoughtful layout and attractive location, the property is perfect both for own living and for renting out.

The Iskele area is considered one of the most in-demand on the Northern Cyprus real estate market due to its proximity to the sea, developed infrastructure and high demand among tourists and tenants. A loft near Long Beach has good potential for value growth and stable returns.

The completion date of the project is October 2026.

A loft in Iskele is a profitable opportunity to buy real estate in Northern Cyprus near Long Beach at an attractive price before completion.

A loft apartment in Iskele is waiting for you!

When buying real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in Northern Cyprus.




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Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Loft
Price
226 883 $
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 (226 883 $) 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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Loft with 1 bedroom in Iskele, Cyprus