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Flat 50 м² in Iskele, Cyprus

204 889 $

4 097 $ /м²

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Area

50 м2

Bedrooms

1

Year of construction

2023

New large-scale residential complex with all amenities by the sea near the village of Bogaz (006278)

New residential complex located on the coast of Northern Cyprus, near the village of Bogaz, just 300 meters from the sandy beach.

This is one of the few complexes of this scale, located in the immediate vicinity of the beach. 

The complex offers  comfortable studios and apartments with 1, 2 and 3 bedrooms, villas on 1, 2 and 4 hosts with views of the sea and mountains.

The territory with landscape design, green lawns and flower beds, an ensemble of flowering trees and shrubs, creates a feeling of an evergreen oasis at any time of the year.The beach is excellent for both recreation and the airport's infrastructure offers a wide range of services: swimming pools, children's playgrounds and sports clubs from the beach30 Interest-free installments for a period of 36 months.

Some of the facilities have already been commissioned, some are in the process of construction.

Information updated: 25.11.2024

Services and facilities

Balcony or terrace
Pool
Garage/parking
Security system
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

204 889 $

Characteristics

Balcony or terrace
Pool
Garage/parking
Security system
Lift
Sea View

Infrastructure

Playground
Backup power generator

Distance to key points, m

To sea 300

Purchase method

Installment plan

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 (204 889 $) 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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