Villa in Northern Cyprus. City - Iskele
North Cyprus real estate in Iskele is an excellent opportunity to buy a luxury villa by the sea for permanent residence, holiday or profitable investment. A spacious three-storey villa with 5 bedrooms, a private pool, a landscaped garden and a modern interior is located in one of the most sought-after areas of North Cyprus. If you are looking for elite real estate in North Cyprus with a high level of comfort and excellent investment potential, this property will be the ideal choice.
This fully furnished villa combines modern architecture, high-quality finishes and a well-thought-out layout. Spacious living areas, five bright bedrooms, stylish interiors and large panoramic terraces create ideal conditions for comfortable living for the whole family.
The main advantage of the property is a large private pool surrounded by a well-maintained landscaped garden. Here you can relax in complete privacy, spend time with family, host meetings with friends or enjoy the warm Mediterranean climate all year round.
Each floor of the villa is designed to provide maximum comfort and privacy. Spacious rooms, modern engineering solutions and a functional layout make this house an excellent option for both permanent residence and a luxurious holiday.
The villa is located in a quiet area of Iskele, just a few minutes from the clean sandy beaches of the Mediterranean Sea, shops, restaurants and all necessary infrastructure. This location makes the property attractive not only for own living, but also for obtaining a stable rental income.
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 (369 495 $) 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).
367 795 $
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