Flat 161 м² in Iskele, Cyprus

426 631 $

2 649 $ /м²

4OUfB

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #1

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #2

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #3

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #4

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #5

Flat 161m² in Cyprus, Iskele. Priced at 316000£ rent photo- #6

Area

161 м²

Bedrooms

Bathrooms

Aesthetically pleasing apartments in the resort town of Iskil

We feel very honored to present brand new apartments that are a delight to the eye in a spectacular resort in Iskel. Northern Cyprus is becoming a well known area for foreign buyers looking for five star beach properties in a beautiful, natural area. Forbes magazine has named this province as astonishingly beautiful and the best place to invest in beachfront property. Mountains and the beautiful glistening Mediterranean Sea provide:An abundance of opportunities for residents to explore and discover historical sitesA magical world of underwater lifeA fascinating cultureThe Iskele area has many restaurants with fish food, beautiful hotels and casinos, perfect for gambling enthusiasts. The port offers locals, foreigners and tourists the opportunity to take part in fishing tours, exciting water video entertainment and cruises on the East Coast of Northern Cyprus. The locals are hospitable and it is common to see various people enjoying live music in the municipal park in Iskel.Distances to facilitiesDistance to the beach: 0,4 kmDistance to town: 0,1 kmDistance to airport: 50 kmDistance to local stores: 0.1 kmProperty FeaturesWe offer various sizes of apartments that will satisfy the needs of buyers with any budget and allow them to become owners of a corner of heavenly bliss. Each apartment is designed to maximize space and let in plenty of light. The open floor plans of the living areas are modern and bright, providing space for entertaining and relaxing with family and friends. The best materials have been used and the entire complex is designed to meet the needs of different people, so it is also suitable for people with disabilities. The whole project is recognized as eco-friendly, using energy-saving materials and ensuring that each apartment is energy efficient.The resort has many green areas with endemic plants and trees typical of Cyprus. It also presents many amenities

Additional details

Property type

Residential Properties

Object type

Flat

Price

426 631 $

FAQ

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 (426 631 $) 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).