Flat in Northern Cyprus. City - Iskele
SA-2293
Address: Iskele, Iskele Boaz
Living area: 82 m²
Bedrooms: 2
Bathrooms: 2
Year built: 2025
Property type: 2+1 Two-Bedroom Apartment, Apartment
Property status: New, Under Construction, For Sale
Luxurious 2+1 apartments in Iskele will catch your attention!
So, a luxurious new project in Boaz. Located on a hilltop of the Iskele region. And not far from the city of Famagusta. Just half an hour drive to all city infrastructure. You will find 36 luxurious apartments with panoramic views of the Mediterranean Sea. There is an Infinity Pool on the premises. Moreover, in the winter period, the indoor pool can be used. And next to the houses, private pools are built.
For sports enthusiasts, there is a gym in the complex. Additionally, sauna and hammam can be used. There is a children's playground, a lounge bar, and a coffee shop on the complex premises.
Right now, you can take advantage of a great offer from the developer. Only 40% down payment. And then interest-free installment until March 2025. The developer uses the highest quality and modern materials. Two-bedroom apartments with an area of 82 square meters await you.
The complex is located in a peaceful scenic location. Beautiful views and cozy silence surround it. An environmentally clean area. A stunning view of the mountains or the sea awaits 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 (271 873 $) 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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