Apartment for sale in Iskele, North Cyprus
Characteristics
Description
A new generation investment resort project in one of the most promising areas of Northern Cyprus — Ötüken. "City within a city" format — everything for living and recreation within the complex.
The large-scale project is located in the area of Otyuken village, in close proximity to the Iskele region. Just 7 minutes away — Mariachi beach club and the picturesque Mediterranean coast. The area is actively developing while maintaining the atmosphere of a secluded and comfortable resort lifestyle.
Guaranteed yield of 12.5% per annum (terms depend on payment type):
1. 5% deposit
45% down payment within a week
50% within a month
Guaranteed income of 12.5% per annum for 8 years
2. 5% deposit
45% down payment within a week
50% within 6 months
Guaranteed return of 12.5% per annum for 6 years
3. 5% deposit
45% down payment within a week
50% within 12 months
Guaranteed return of 12.5% per annum for 4 years
- Guaranteed yield is paid for the first time one year after the complex is delivered (i.e., in December 2029 / January 2030), after that — every 6 months
- Additional benefit for the investor: 14 days per year of free accommodation in any of the developer's complexes
- Offer available only for 25% of apartments in the complex
Two payment plans (for those who choose a discount instead of guaranteed rent)
100% payment within 1 month – 22% discount
First payment 70% + installment until December 2028 – 17% discount
The project occupies a plot of over 43,000 m² and includes 365 apartments of various layouts: from studios to residences with private gardens and penthouses with rooftop terraces.
Special attention deserves the lagoon pool with an area of 2,250 m², complemented by an "island" pool of 3,250 m² with year-round heating function. This resort element creates a unique feeling of waterfront living at any time of the year.
- Category: apartments
- Type of ownership: exchange title
- Completion date: Q4 2028
Available Layouts
- Studios from 51.18 m²
- 1+1 Loft from 87.05 m²
- 2+1 Garden Residence from 102.37 m²
- 2+1 Roof Residence from 149.4 m²
Technical Equipment
- Smart Home Systems
- Central Heating
- Underfloor Heating
- High-speed Internet and Satellite TV
- Backup Generator and 24-hour Security
Complex Infrastructure
- Lagoon-style pools (2,250 m² + island pool 3,250 m²)
- Year-round heated pool
- Modern fitness center
- Children's water park, playground, mini-golf
- Restaurant and poolside bar
- Supermarket, pharmacy
- Full range of spa services and beauty salon
- Organic farmers market
- Amphitheater for outdoor events
- Beach club membership in Mariachi (7 minutes drive)
Premium Lifestyle:
- Smart home infrastructure
- Underfloor heating and central cooling
- High-speed internet and satellite TV
- Backup generator and 24-hour security
Advantages of the prime location:
- 7 minutes to Long Beach
- 15 minutes to Famagusta
- Surrounded by premium developments and growing expat communities
Why investors choose the project
- Resort format — high rental demand
- Developing region with price growth potential
- Modern architecture and low-rise buildings
- Suitable both for investment and personal leisure
Payment Plans
- 5% discount: 5% deposit, 30% initial payment, 45% before keys (30.12.2028), 20% within a year after keys.
- 10% discount: 5% deposit, 45% initial payment, 30% before keys, 20% within a year after keys.
Project delivery: end of 2028.
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