New seaside apartment project for sale with amazing views in Iskele area - North Cyprus
Location:Long Beach, 450 meters from the sea
Description:Two high-rise blocks of 10 floors (sea view from the 5th floor) and one low-rise block of 2.5 floors
Key issue: June 2025
Properties:
-79 apartments 1+1, 2+1 in high-rise blocks (4 apartments on the landing),
-14 apartments studio, 1+1, 2+1, 1+1 duplex, 2+1 duplex, 2+1 duplex, 3+1 duplex in low-rise block.
< Infrastructure of the complex:
-Infinity rooftop pool
-enclosed swimming pool
-Sauna
-Gym
-Open pool
-Electric generator
-Reception
-Bus to the beach
-Gateway and video cameras
Facility features:
-heated floors in the bathrooms,
-infrastructure under central heating,
-central air conditioning (! ),
-noise insulation,
-magnetic keys on the door,
-built-in kitchen,
-built-in closets in bedrooms,
-equipped bathrooms,
-floor covering
Payment plan:
Option 1: Standard Payment Plan 5% deposit, 35% down payment (with deposit) within one month, 36 months installments
Option 2: 5% deposit, 50% down payment (with deposit) within one month, 24 months installments - DISCOUNT 5%
Option 3: standard payment plan 5% deposit, 35% down payment (with deposit) within a month, installment 36 months - INVESTMENT OVER 1,000,000 GBP - DISCOUNT 5%
Option 4: 5% deposit, 50% down payment (with deposit) within a month, 50% in the second month - DISCOUNT 10%
❗️ DISCOUNTS СУММУРУЮТСЯ❗️
Инвестиционная attractiveness of the project:
-Right of assignment upon payment of 50% with the condition of installments until the keys are received
-Connection to Booking and Airnbnb
-Modern standard (central air conditioning, underfloor heating and electronic keys are already included in the price! )
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 (184 619 $) 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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