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Flat 309 м² in Iskele, Cyprus

ID 4OUch
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Area
309 m²
Bedrooms
3
Bathrooms
3

Description

A beautifully designed apartment in the resort of Iskele.

We respectfully present brand new apartments, designed to be a visual treat, in the exciting resort town of Iskele. Northern Cyprus is becoming a well-known area for foreign buyers looking for beach properties with five-star hotel qualities in a stunning natural region. Forbes has named this province as a paradise and the first place to invest in beachfront real estate. The majestic mountain ranges and the beautiful glow of the Mediterranean Sea provide ample opportunities for residents to explore and discover historical sites, a magical underwater world and fascinating culture.The Iskele area has an abundance of fish restaurants, beautiful hotels and casinos, perfect for gambling enthusiasts. The harbor provides locals, immigrants and tourists with fishing tours, exciting water sports and cruises exploring the East Coast of Northern Cyprus. The locals are welcoming and it is common to see a variety of people enjoying live music in the municipal park in Iskel.Distance to amenities:To the beach: 0.4 kmTo the city: 0,1 kmTo airport: 50 kmLocal stores: 0.1 kmProperty Features:We have a variety of apartments that have attractive architecture and present an opportunity to purchase property to all budget categories. Each apartment is designed to optimize the use of space and let in plenty of light. The bright and modern open living areas provide space for entertaining and relaxing with family and friends. We use only quality materials and the entire complex is designed to provide comfortable living for all, including the physically challenged. The project is recognized as environmentally friendly, using energy efficient materials and providing energy savings for each apartment.The resort complex has abundant green spaces with endemic plants and trees of Cyprus. A range of facilities are available on site including:Pedestrian and bicycle pathsModern ventilation systemsTwo swimming pools -

Characteristics

Property type
Residential Properties
Object type
Flat
Price
1 051 097 $

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 Iskele; 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 Iskele 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 (1 051 097 $) 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 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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Flat with 3 bedrooms in Iskele, Cyprus