Loft in Northern Cyprus. City - Iskele
North Cyprus seafront real estate — an excellent opportunity to purchase a move-in ready or rental-ready apartment in one of the most popular areas of İskele. Cozy 1+1 loft-style apartments with a private rooftop terrace are located in the modern Elysium by Isatis, in the popular Long Beach area. A fully furnished apartment with appliances is suitable for both permanent residence and holidays, as well as for investment in North Cyprus real estate.
The apartment is fully furnished and equipped with all necessary appliances, so it is ready for immediate occupancy or rental. The spacious private rooftop terrace will be an excellent place for relaxation, breakfasts and dinners in the fresh air.
Key features:
1+1 loft-style apartment
private rooftop terrace
fully furnished
appliances included
all taxes paid
popular area Long Beach, İskele
suitable for living or investment
ready for occupancy
supermarket — 3 minutes by car
sea — 3 minutes by car
pharmacy — 3 minutes by car
restaurants and bars — 5 minutes by car
Ercan Airport — 45 minutes by car
cafe on site
outdoor and indoor pools
sauna and hammam
gym
generator
water park
This is an attractive option for those looking for seafront North Cyprus real estate, a 1+1 apartment in İskele, housing in the Long Beach area, or investment North Cyprus real estate with the possibility of own residence and subsequent rental.
A ready apartment with furniture, appliances and a private terrace allows you to immediately use the property without the need for additional investments in furnishing.
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 (233 365 $) 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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