Flat in Northern Cyprus. City - Iskele
ID SV-3104
Location: Long Beach, Iskele
Price: from 450746 €
Total area: 112 m²
Bedrooms: 3
Bathrooms: 3
Year built: 28-02-2025
Property type: 3+1 Three-Bedroom Villa, Villa, Duplex
Property status: Investment, New listings, New construction, For sale
Features
Description
A comfortable villa in Iskele will catch your attention!
Take a look at this new project from a well-known developer. The company was founded in England in 2008 and has been operating in Northern Cyprus since 2015. They have successful experience in building roads, bridges, airports, and mass housing worldwide. They conduct import and export transactions globally and have real estate agencies in England, Turkey, and Northern Cyprus. They are also co-owners of a local bank.
Distinguishing features from other developers: modern design, high quality of imported materials and construction work, wall insulation with gas concrete.
You are presented with luxurious villas in the photos. Look at this modern design with its own pool and area that can be turned into a relaxation zone or garden.
Distance to the sea: 600m
Land area: 13,380m²
Number: 18 villas (3+1,4+1)
Optional: the price does not include a pool, but we can provide it as an extra service. The maximum pool size is 4x8m²
Grounds maintenance: not provided, no common areas
Furthermore, there is currently a very advantageous installment offer from the developer. 35% down payment, with the remaining 65% paid over 17 months until project completion.
Gift from the developer: free legal transaction assistance, residence permit processing, round-trip plane tickets.
So, a comfortable villa in Iskele is waiting for 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 (450 745 $) 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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