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Flat 92 м² in Bogaz, Cyprus

ID 4OWij
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Area
92 m²
Bedrooms
2
Bathrooms
1

Description

Flat in Northern Cyprus. City - Bogaz

2+1 apartments in Northern Cyprus in Iskele — investment property by the sea
Buy apartments in Northern Cyprus in Iskele — this is an excellent opportunity to purchase modern real estate for comfortable living, vacation, or a profitable investment. A new residential project from a well-known developer offers spacious apartments, developed infrastructure, and flexible payment terms.
Spacious 2+1 apartments in Iskele
We offer modern 2+1 apartments with an area from 92 m² with a spacious balcony and beautiful views. The apartments include underfloor heating in the bathrooms, and next to the residential blocks there are swimming pools and cozy recreation areas.

Project completion — 2025.
Infrastructure of the residential complex
The project is designed for comfortable living for the whole family and includes:

✔ Family pool
✔ Entertainment pool
✔ Indoor pool
✔ Children's pool
✔ Landscaped garden and fountains
✔ Recreation areas
✔ 24/7 video surveillance
✔ Generator for common areas and elevators
Favorable purchase conditions
The developer offers interest-free installment payments and several payment options, including installments up to 84 months and a guaranteed rental program.

An additional advantage is 6% annual cashback, which can be used to pay for the property.
Full transaction support
When purchasing an apartment, VELES Property provides assistance with processing:

✔ Residence permit in Northern Cyprus
✔ Bank account
✔ Driver's license
✔ Medical insurance
Buy an apartment in Iskele in Northern Cyprus
If you are looking for 2+1 apartments in Iskele, an apartment for a vacation by the sea, or investment real estate with high income potential, this project will be an excellent choice.

🌊 Apartments in Northern Cyprus in Iskele are waiting for you!

When purchasing real estate - VELES Property provides assistance with processing a residence permit and a bank account in Northern Cyprus.


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Characteristics

Property type
Residential Properties
Number of rooms
3
Object type
Flat
Price
307 265 $
Year of construction
2027

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

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 Bogaz; 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 Bogaz 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 (307 265 $) 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 Bogaz: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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Flat with 2 bedrooms in Bogaz, Cyprus