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Flat 442 м² in Iskele, Cyprus

1 102 949 $

2 495 $ /м²

4OUct
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Area

442 м2

Bedrooms

5

Bathrooms

4

Aesthetically pleasing apartments in the resort of Iskele

We feel honored to present to you brand new aesthetically designed apartments in the amazing resort area of Iskele. Northern Cyprus is becoming a well-known destination for foreign buyers looking to purchase a beach property with the qualities of a five star hotel in a beautiful natural region. Forbes has named this province as a uniquely beautiful place and the number one destination for beachfront real estate investment. The spectacular mountain range and the magnificent glow of the Mediterranean Sea provide many opportunities for residents to explore and discover historical sites, magical underwater world and fascinating culture.The Iskele area has many fish restaurants, beautiful hotels and casinos, perfect for gambling enthusiasts. The harbor provides locals, expats and tourists the opportunity to experience fishing tours, exciting water sports and cruises on the East Coast of Northern Cyprus. The locals are welcoming and you can often see different people enjoying live music in Iskele Town Park.Distance to amenities:Distance to the beach: 0,4 kmDistance to the city: 0,1 kmDistance to airport: 50 kmDistance to local stores: 0.1 kmProperty Features:We have a variety of apartments that meet aesthetic requirements, accessible to buyers of all budgets and offering the opportunity to have a slice of heaven to live in. Each apartment has been designed to maximize the use of space and allows plenty of light to penetrate inside. The open plan living areas are modern and bright, and create a space that can be used for parties and relaxing with family and friends. The best materials, selected with proper quality, are used to furnish the entire complex, making it accessible to people of different ages and physical abilities. The project is recognized as eco-friendly by using high energy efficiency materials and providing energy conservation for each apartment.The resort has many green areas with endemic plants and trees planted throughout Cyprus.

Additional details

Property type

Residential Properties

Object type

Flat

Price

1 102 949 $

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 (1 102 949 $) 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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