Two Bedroom Penthouse in Iskele
Long Beach, Iskele Long Beach, North Cyprus
From £490,000
Price verified 18 hours ago- Property Ref: 2263
- Exclusive top-floor residences with enhanced privacy.
- Panoramic sea views from elevated position.
- Air-conditioning infrastructure and thermally insulated glazing for year-round comfort.
- Modern kitchens with granite countertops and quality finishes.
- Ready to move in.
Property Location
This project is located in Iskele, Long Beach, in North Cyprus
- Supermarket 1 min
- Pharmacy 1 min
- Medical Center 2 mins
- Bars and Clubs 2 mins
- Pera Mackenzie Beach Club 3 mins
- 5 Star Hotel and Casino 3 mins
- Sandy beach by walk 5 mins
- Salamis Ancient City 11 mins
- Ercan Airport 45 mins
- Larnaca Airport 65 mins
Payment Plan
- 70% Down payment
- 30% 0% Interest installments till key delivery
Payment Breakdown
- Down payment (70%) £343,000
- Installments until key delivery (30%) £147,000
- Show 12 months installment plan
- Total amount £490,000
Additional Fees Calculator
- Property price £490,000
- VAT (5%) + £24,500
- Stamp duty (0.5%) + £2,450
- Title deed transfer + £19,600
- Transformer Fee + £3,000
- Lawyer fees (optional) + £1,500
- Total amount £541,050
Return on Investment (ROI)
Projected investment return of
£810,554 in 5 years
About the Project
Located just 170 meters from the Mediterranean Sea in the sought-after Long Beach area of İskele, this modern six-storey residence offers an exceptional coastal lifestyle in Northern Cyprus. The development features a selection of 1+1 and 2+1 apartments, penthouses with panoramic sea views, and ground-floor commercial units, combining residential comfort with everyday convenience.
Designed with contemporary architectural lines, the apartments include bright interiors, granite kitchen countertops, suspended ceilings with spot lighting, built-in wardrobes, thermally insulated windows, air-conditioning infrastructure, and spacious balconies with barbecue areas. Completed in 2023, the residence presents an excellent opportunity for both holiday living and long-term investment in one of the island’s most desirable seaside locations.
WHY INVEST IN NORTH CYPRUS?
- North Cyprus has seen 79% property price increase in the past 3 years
- Rated as "#1 Beachfront Property Investment in The World" by Forbes Magazine in 2021, North Cyprus is one of the leading property investment hotspots in the Mediterranean
- Buying an off-plan property allows the buyer to pay approximately 20% below market value and pay in instalments over 12-36 months
- Buy-to-let is also a very attractive option yielding minimum 8% return
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