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Flat 32 м² in Iskele, Cyprus

143 081 $

4 471 $ /м²

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Area

32 м2

Bedrooms

1

Year of construction

2025

Low-rise boutique complex in the Iskele region (005105)

The project is located in the Iskele region, in the area of the most popular sandy beach of North Cyprus LONG BEACH.

The rarity for this area is a low-rise boutique complex near the sea.

Plannings:

  • Studio area of 32 m2
  • Studio-loft area of 47.3 m2

Distance to the Mediterranean sea and sandy area of 600 m/p>

The complex is perfect for renting out (near the sea and the sandy beach) and for life (near the walking distance of restaurants, banks, beauty salons, coffee shops, promenade for walks and a treadmill of almost 12 km).

Nearby there is a playground near the sea and an amusement park.

Date of completion: 2025

Information updated: 20.11.2024

Services and facilities

Balcony or terrace
Pool
Security system

Additional details

Property type

Residential Properties

Object type

Flat

Price

143 081 $

Characteristics

Balcony or terrace
Pool
Security system

Infrastructure

Playground
Backup power generator

Distance to key points, m

To sea 600

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 (143 081 $) 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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