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Loft 102 м² in Iskele, Cyprus

ID 4OWjt
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Area
102 m²
Bedrooms
2
Bathrooms
2

Description

Loft in Northern Cyprus. City - Iskele


2+1 Loft in Iskele — North Cyprus real estate near Long Beach for living and investment
North Cyprus real estate in Iskele near Long Beach is one of the most sought-after options for buying a home by the sea, profitable investments and generating stable rental income. The spacious 2+1 loft in the modern residential complex ELYSIUM 2 combines a prestigious location, modern architecture and high investment potential. If you are planning to buy North Cyprus real estate by the sea, this property will be an excellent choice both for your own living and for long-term investments.

The ELYSIUM 2 project is located in a quiet and promising area of Iskele, just 5 minutes from the famous Long Beach and the equipped beach club. In the immediate vicinity there are supermarkets, cafes, restaurants, pharmacies, a casino, a medical center, as well as schools, a college and a university. Thanks to its successful location, the complex is ideal both for permanent residence and for holidays or renting out the property.

The complex includes a communal pool, landscaped recreation areas, parking and walking paths. The buildings are made in a modern high-tech style with panoramic glazing, providing maximum natural light and beautiful views.

For sale is a spacious 2+1 loft with a total area of 130 m². The apartment is designed as a two-level duplex, where the bedrooms are located in a private area. The property has a balcony of 20 m² and its own roof terrace of 68 m², which makes it especially attractive for comfortable living, relaxation and generating high rental income.

Iskele is considered one of the fastest-growing areas of North Cyprus. Thanks to its proximity to the sea, modern infrastructure and constantly growing rental demand, buying real estate in this region is a promising investment solution with high growth potential.

The project completion date is October 2026.

At the construction stage, the most attractive prices apply, which allows you to purchase North Cyprus real estate on the most favorable terms before the project is completed.

2+1 loft in Iskele — an excellent opportunity to buy North Cyprus real estate near Long Beach for comfortable living, relaxation and reliable investments.

When purchasing real estate - VELES Property provides assistance in 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
Loft
Price
290 410 $
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 (290 410 $) 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 2 bedrooms in Iskele, Cyprus