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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.
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