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Flat 61 м² in Iskele, Cyprus

ID 4OjQ7
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Area
61 m²
Bedrooms
1
Bathrooms
1

Description

Flat in Northern Cyprus. City - Iskele

North Cyprus seafront real estate: apartments in a new complex near Long Beach in Iskele
North Cyprus real estate continues to attract investors and buyers thanks to affordable prices, interest-free instalments and the high growth potential of property values. We offer to buy an apartment in Iskele near the popular Long Beach — one of the most sought-after areas for real estate investment in North Cyprus. The new residential complex combines a advantageous location by the sea, developed infrastructure and flexible payment terms, which makes the property an excellent choice both for living, holidays, and for earning rental income.

For sale are modern apartments of various layouts: studios 1+0 with an area of 53 m² and 61 m², 1+1 apartments with an area of 70 m², 2+1 apartments with an area of 99 m² and 107 m², as well as spacious 3+1 apartments with an area of 114 m². In addition to residential real estate, commercial premises with an area of 107 m² are provided, which are suitable for doing business in the actively developing area of Iskele.

The residential complex consists of three floors and includes 65 apartments. The distance to the sea is only 980 metres, which allows you to enjoy beach holidays and the sea climate all year round. Completion of construction is planned for September 2026 with a possible extension of up to six months. Title deed — exchange.

The Long Beach area is considered one of the most promising places to buy real estate in North Cyprus. In the immediate vicinity there are supermarkets, pharmacies, banks and ATMs, beauty salons, restaurants and cafes, tennis courts and basketball courts, a casino, five-star hotels and popular beach clubs. The centre of Famagusta can be reached in just 20 minutes by car.

For comfortable living and relaxation, residents of the complex will have access to developed internal infrastructure:

  • Large swimming pool

  • Children's pool

  • Cafe by the pool

  • Spacious roof terrace

  • Parking and walking areas

  • Barbecue area

  • Shops and market

  • Children's playground

  • Commercial premises on the territory of the complex


Particular attention should be paid to the advantageous purchase terms. For investors and buyers, an interest-free instalment plan is available for the construction period and after receiving the keys.
Example payment plan for a 1+0 apartment priced at £129,500

  • Deposit — £2,000 (for 2 weeks)

  • Initial payment 25% — £30,375

  • Second payment 45% — £58,275 with interest-free instalments until September 2026

  • Receiving the keys + transformer connection (Trafo) — £3,000

  • Remaining 30% — £38,850 with interest-free instalments for 18 months after receiving the keys


If you are looking for an apartment by the sea in North Cyprus, real estate in Iskele for investment, apartments near Long Beach or an advantageous property purchase with instalments, this project will be an excellent option for preserving capital, receiving passive rental income and comfortable living by the Mediterranean Sea.


When buying 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
167 893 $
Year of construction
2026

Infrastructure

  • Open pool

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 (167 893 $) 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