Villas in İskele
Those planning to buy villas in İskele for investment and living make a smart choice. It is one of the largest and historically significant towns in the region, attracting tourists with beautiful sandy beaches, picturesque landmarks, and many recreation and entertainment opportunities.
In recent years, investors have started to favour İskele due to the rapid development of the real estate sector. Many new projects are being launched in the town, including upmarket communities, resorts, and 5-star hotels. Strict rules allowing only 35% of the coastal area to be developed with houses no more than 2 storeys high are driving demand. This contributes to rising property prices in the region. However, when compared to the southern part of the island, acquiring a villa in İskele is much more profitable. The price difference can reach 30–50%.
Popular areas for buying villas in İskele include:
- Long Beach
- Boğaz
- Bafra
- Ötüken
When acquiring a villa in Northern Cyprus, it is worth considering that there is a title deed system. These titles determine who owns the land or property and play an important role in determining the property’s liquidity and the owner’s ability to dispose of it.
There are the following types of the document:
- Pre-74 Turkish deeds. These are issued for properties that were not owned by Greek citizens or Greek Cypriots before the island was divided in 1974. Land plots, units in apartment buildings, and houses in İskele with such a title are fully legally protected.
- TRNC (formerly Exchange and TMD) deeds. These are issued by the Government of Northern Cyprus after the division in 1974. Today, this title deed is also completely safe. Since 2010, all compensation theoretically due to previous landowners has been covered by the Immovable Property Commission. The rights of those who buy and own property in Northern Cyprus are protected by the decision of the European Court. This applies to both local residents and foreign nationals.
Cost of villas in İskele
Houses prices in İskele, Northern Cyprus, start at an average of €190,000. For example, a 222 m² 3-bedroom villa with a terrace and a 450 m² land plot will cost €231,500. From its windows, you can admire beautiful views of the sea and mountains. Long Beach is 5 minutes away.
You can buy a house in İskele, 900 m from Boğaz Beach, for €619,500. The 319 m² house has 4 bedrooms, 3 bathrooms, a private pool, and a 614 m² plot. Construction is expected to be completed in 2025.
If you want an affordable investment house in İskele, there is a more budget-friendly 187 m² villa. The complex has a resident-only fitness centre. This option can be purchased for €388,500.
Buy villa in İskele
Use our real estate aggregator to search for houses and villas for sale in İskele. On the website, you can sort listings by various parameters such as price, location, and area. Prices are given in dollars and euros. Start looking for overseas property for investment and living right now.