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Flat 39 м² in Iskele, Cyprus

ID 4OjBn
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Area
39 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Iskele

🏝️ North Cyprus real estate: guaranteed rental income of £9500 in Grand Sapphire, Long Beach (Iskele)

North Cyprus real estate with guaranteed rental income is one of the most sought-after investment formats. A studio in Grand Sapphire, Iskele (Long Beach area) offers a guaranteed rental income of £9500, which makes this property especially attractive for investors looking for income-generating real estate in North Cyprus by the sea, apartments with yield and a ready-made investment project.


The modern studio is located in the prestigious resort area of Iskele — Long Beach, one of the most popular tourist destinations in North Cyprus. This is a new build by the sea with high rental potential and stable demand all year round.


The total area of the apartment is 47 m², including a spacious balcony of 8 m², ideal for relaxation and living. The layout is designed for comfortable living and short-term or long-term rental.


The Grand Sapphire complex is a 5-star hotel-level property offering extensive infrastructure:


– outdoor and indoor pools
– infinity pool with panoramic views
– SPA center and relaxation areas
– modern fitness room
– sports grounds
– kids' club and play areas
– hotel infrastructure
– casino and entertainment areas


This makes the project one of the strongest options for investing in North Cyprus real estate with rental income.


Grand Sapphire is ideal both for personal living by the sea and for generating stable passive income. High tourist demand in the Long Beach area ensures constant rental occupancy.


If you are considering investing in North Cyprus real estate, buying a studio by the sea or properties with guaranteed income — this offer is one of the most attractive on the market.


Guaranteed income of £9500 from rental in Grand Sapphire — a limited investment offer!







When purchasing real estate — VELES Property provides assistance with obtaining a residence permit, opening a bank account, exchanging a driver's license, property and health insurance, as well as purchasing a car in North Cyprus!




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Characteristics

Property type
Residential Properties
Number of rooms
1
Object type
Flat
Price
163 356 $
Year of construction
2023

Infrastructure

  • Fitness center
  • Open pool
  • Cafeteria
  • Playground

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 (163 356 $) 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