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Flat 50 м² in Iskele, Cyprus

ID 4OjwF
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Area
50 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Iskele



North Cyprus Real Estate: Modern Lofts and Penthouses by the Sea in Iskele with Smart Home System

North Cyprus Real Estate opens up new opportunities for comfortable living and profitable investments on the Mediterranean coast. If you want to buy an apartment in North Cyprus, are looking for apartments by the sea in Iskele, a loft in North Cyprus, a penthouse with a terrace, investment real estate by the sea, or modern housing with a Smart Home system, pay attention to this exclusive project. The complex is located just 650 meters from the beach and offers a unique combination of modern technologies, premium infrastructure, and high investment potential.

The project represents a new level of residential real estate in North Cyprus, combining modern lofts and luxurious penthouses in one of the most promising areas of Iskele. Thanks to its convenient location near the sea, restaurants, shops, recreation areas, and all necessary infrastructure, the property is ideal for both permanent residence and rental income.

Each apartment is equipped with an innovative Smart Home system, which allows you to control lighting, TV, coffee machine, and access system via smartphone or password. An additional advantage is integration with the Airbnb platform, making rental management as convenient as possible for property owners.

Residents have access to developed premium-level infrastructure. The territory includes three heated pools, a tennis court, a basketball court, a modern fitness center, children's play areas, and a mini-golf course. This is an ideal space for active recreation and comfortable living for the whole family.

The complex is equipped with a backup power generator and electric vehicle charging stations, ensuring a high level of comfort and autonomy. Spacious studios, lofts, and penthouses feature modern design, panoramic windows, and thoughtful layouts that fill the rooms with natural light.

High construction quality, innovative technologies, and a advantageous location near the sea make this project an excellent choice for buyers looking for elite North Cyprus real estate, a apartment by the sea in Iskele, apartments for investment, or modern housing with a high level of comfort.

Modern lofts and penthouses in Iskele — this is a unique opportunity to purchase North Cyprus real estate by the sea and become the owner of next-generation housing with premium infrastructure and high investment potential.

When purchasing real estate - VELES Property provides assistance in obtaining a residence permit and a bank account in North Cyprus.




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Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
151 428 $
Year of construction
2028

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria

FAQ

How can I get a residence permit by buying property in Cyprus?

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.

Is a mortgage available for non-residents in Cyprus?

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.

What taxes and fees apply when buying in Cyprus?

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.

How is the title checked in Cyprus?

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.

Can I rent out property after purchase in Cyprus?

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.

Is a property inspection recommended before purchase?

Yes. An inspection costs about 0.5–1% of the price (151 428 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

How long does the purchase process take in Cyprus?

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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Flat with 1 bedroom in Iskele, Cyprus