Flat in Northern Cyprus. City - Iskele
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 (430 430 $) 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).
427 837 $
Iskele, Cyprus
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Iskele, Cyprus
ID SA-3104 Address: Boaz, Iskele Price: €450,746 Total area: 150 m² Bedrooms: 3 Bathrooms: 2 Year built: 2020 Property type: 3+1 Three Bedroom Apartment, Apartment, Penth...
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Iskele, Cyprus
The exclusive project offers a unique location just 50 meters from the coast of Long Beach.The main advantage of the complex is easy access to the beach and breathtaking...
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Iskele, Cyprus
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Iskele, Cyprus
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 for...
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Iskele, Cyprus
Real Estate of Northern Cyprus — buy a 3+1 apartment in a modern seaside resort complex Real Estate of Northern Cyprus is in high demand among investors and buyers lookin...
