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Flat 47 м² in Iskele, Cyprus

247 229 $

5 260 $ /м²

4OfNO
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Area

47 м2

Bedrooms

1

Year of construction

2026

Unique new project on the east coast of the island in the Karshiyaka area (004302)

A unique new project located on the east coast of the island in the Karshiyak area of North Cyprus.

It is located a short walk from the crystal clear waters and the refreshing breeze of the Mediterranean Sea, so from all apartments there is a stunning view of the sea and mountains.

This project offers a good investment opportunity due to its ideal location close to sandy beaches and all social infrastructure in a short distance. In addition to breathtaking views, residents will be able to enjoy all the services and amenities provided in the complex, including a spa complex, a restaurant with sea views, a marina and a beach club, cafes and bars near swimming pools and much more. The complex includes 5 houses and 36 apartments.

The project offers penthouse studios, loft apartments with a garden of 1+1 and penthouses 2+1

All penthouses have a spacious roof terrace where you can cook a barbecue and enjoy the island’s endless nature. Inexpensive apartment with private beach and marina in Karshiyak, Northern Cyprus.

Distance to the sea: 400 m

Structural warranty: 5 years from the completion of construction.

Characteristics of apartments:

  • Heat and sound insulation
  • Modern kitchen sets
  • Ideal standard plumbing
  • Household appliances known throughout the world: baths and showers
  • The choice of a large ceram floor in the kitchen/li> double-wall room
  • The built-in windows with the roofThe lighting room will be used in the whole lighting room High-quality designer interior doors and modern entrance doors
  • Parking in the yard
  • Kitchen appliances and furniture products will be offered as an additional package.

 Infrastructure of the complex:

  • University pools
  • CaféCaféChannel/li>Center/li>Center/lip>Center/li> SPECIAL SERVICES EXCLUSIVELY FOR PEOPLE:

  • Private sandy beach
  • Private marina
  • Luxury seaside restaurant
  • Aquapark
  • A special playground for children
  • Li>Landscape green areas
  • Landscape green areas
  • The remaining 60% are payable when handing over the keys in March 2026
    (payment is possible monthly, bimonthly, quarterly)

    Transformer fee 3500€.

    2300€–Booking fee for two weeks.
    5800€-Booking fee for 1 month.

    Turning Date of construction: 01.03.2026

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    Services and facilities

    Balcony or terrace
    Pool
    Garage/parking
    Security system

    Additional details

    Property type

    Residential Properties

    Object type

    Flat

    Price

    247 229 $

    Characteristics

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

    Infrastructure

    Playground
    Backup power generator

    Distance to key points, m

    To sea 400

    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 (247 229 $) 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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