I
skele is a coastal town in the northeastern part of Northern Cyprus, rapidly developing into one of the most attractive regions for real estate investment. In recent years, it has gained a reputation as the "new Dubai" of the island thanks to active construction, favorable purchase conditions, and increasing interest from foreign buyers.
Its strategic location near Famagusta, Ercan Airport, and Nicosia makes it highly convenient. Iskele combines modern residential projects with well-developed infrastructure and beautiful natural surroundings. This makes the area appealing both for permanent living and profitable investment.
The local market offers both new developments and resale properties. Developers build complexes with premium infrastructure: pools, gyms, restaurants, shops, spas, and on-site rental services. As a result, rental demand remains high throughout the year from tourists, students, and remote workers.
The average price for a studio apartment under construction starts from 75,000–80,000 euros. One-bedroom apartments start at 90,000 euros, and two-bedroom units from 120,000 euros. Annual property value growth may reach 20–30 percent. Many projects offer interest-free payment plans for up to 5 years.
Resale properties often come fully furnished and equipped, which allows for immediate move-in or rental. This is a good solution for those who want a ready-made option without waiting for construction to finish.
Iskele attracts buyers from Russia, CIS countries, Europe, Turkey, and the Middle East. Northern Cyprus offers simple property registration, low taxes, a favorable climate, and a high level of safety.
If you are considering buying a seaside apartment or house, Iskele is one of the most promising and fast-growing areas in Northern Cyprus.
Share on social networks:
Buy Property in North Cyprus | Apartments & Villas for Sale with Alliance-Estate
North Cyprus is rapidly becoming one of the most attractive destinations for property buyers and investors. Here you will find what is rare to combine in one place: affordable prices, strong rental demand, and steady property value growth. Alliance-Estate...Property Rental in Northern Cyprus – Apartments and Villas in Iskele and Kyrenia
Looking for a place to rent in Northern Cyprus for your holiday or long-term stay? Alliance-Estate offers professional property rental services in the most popular areas of Iskele and Kyrenia – from cozy beachfront studios to spacious...Real Estate in Northern Cyprus: Prices, Laws and Best Areas 2025
Real estate in Northern Cyprus has become one of the most attractive investment markets in the Mediterranean. The region offers affordable prices, a mild climate, stable property value growth, and favorable conditions for foreigners: buying an apartment or villa gives...New Developments in Northern Cyprus: Prices, Installment Plans, Residence Permit
The real estate market of Northern Cyprus is one of the fastest-growing in the Mediterranean. Over the past 5 years, property prices in new residential complexes have increased by 45–60%. The demand is driven by international buyers,...
