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In Northern Cyprus the title category — not the building — decides how secure your ownership is. We confirm the category for this project in writing before any money moves.
How the four categories differ →Elysium Otuken is a complex of villas and apartments by Isatis Construction Group that the developer places 850 metres from Long Beach on the İskele coast of Northern Cyprus; this site files it under Ötüken, a ward of İskele municipality. This guide to the Elysium Otuken project reads the developer’s figures for a 220 m² villa and apartments of 68 to 183 m², covers the surroundings and explains a later sale or an inheritance. The developer’s pages give no price, completion date or title-deed category, so none is estimated.

The developer’s Elysium page and its Turkish version describe a modern residential complex, developed and designed by Isatis Construction, that offers villas and apartments. They call it a master community inspired by water, sports and fun for all ages and say it stands 850 metres from Long Beach. No street address, map point, plot plan, number of units or number of blocks is given.
Three unit pages carry figures: Elysium Villa, Poolview Apartment and Gardenview Apartment. The two apartment pages list the same six plans in the same sizes and differ only in description: Poolview speaks of pool views, Gardenview of pool, garden and children’s slides. The villa page covers three-bedroom detached and semi-detached villas in a dedicated area of the complex.
| Elysium Otuken key facts | As published by the developer (17 October 2026) |
|---|---|
| Location text | 850 metres from Long Beach; filed by this site under Ötüken, İskele municipality; no street address or map point |
| Unit types | Villas (detached and semi-detached, 3 bedrooms); Poolview and Gardenview apartments (studio, 1+1, 2+1, 1+1 duplex, 2+1 duplex, 3+1 duplex) |
| Listed sizes | 68 m² (studio) to 220 m² (villa); villa plots 275 to 413 m² |
| Number of units | Not stated |
| Price | Not published by the developer; this page’s reference range is GBP 180,000-450,000 as recorded by this site in 2024 and not confirmed on the developer’s pages; request a dated written price list |
| Completion | Not published; this site holds no build-year record for the listing; confirm the status of each block in writing |
| Title-deed category | Not stated |
| Developer | Isatis Construction Group (Isatis Construction Limited) |
| Community amenities listed | Fifteen items, from a restaurant and bar to a shuttle service (named below) |
The community amenities list names a restaurant and bar, a coffee shop, barbecue areas, a pool bar, a supermarket, a central satellite system, a central generator, 24-hour security, a sauna, indoor and outdoor pools, a kids’ aqua park, a kids’ playground, a gym, a waste collection service and a shuttle service. It does not say which are built, open or planned, or who runs the restaurant, supermarket or shuttle.
Turkish and English wording differ slightly. The Turkish page says “Servis Hizmeti”, a plain service, where the English page says “Shuttle Service”, and “Jeneratör” where the English says “Central Generator”, so the scope of both should be confirmed in writing.
This site records the reference range of GBP 180,000-450,000 from 2024; a buyer should obtain a dated written price list and a statement of the status of each block. This site’s Northern Cyprus properties page lists other listings in the country.
Each unit page gives a built size. The villa page adds bedrooms, bathrooms, a plot and a roof garden, while the apartment pages add a roof area for duplexes only and list no bedroom count, bathroom count or balcony area. The first table sets out every published plan; the second derives ratios from the same numbers, calculated from the developer’s figures.
| Elysium Otuken unit type | Bedrooms | Bathrooms | Listed size (m²) | Plot or outdoor space as listed |
|---|---|---|---|---|
| Villa, detached tab | 3 | 3 | 220 | Plot 405-413 m² (by page order); roof garden 88 m² |
| Villa, semi-detached tab | 3 | 3 | 220 | Plot 275-320 m² (by page order); roof garden 88 m² |
| Studio (Poolview and Gardenview) | Studio | Not stated | 68 | None listed |
| 1+1 apartment | 1 | Not stated | 101 | None listed |
| 2+1 apartment | 2 | Not stated | 125 | None listed |
| 1+1 duplex apartment | 1 | Not stated | 93 | Roof 45 m² |
| 2+1 duplex apartment | 2 | Not stated | 136 | Roof 67 m² |
| 3+1 duplex apartment | 3 | Not stated | 183 | Roof 70 m² |
| Size comparison (calculated from the developer’s figures) | Result | Calculation |
|---|---|---|
| Villa area per bedroom | 73.3 m² | 220 ÷ 3 |
| Villa roof garden as a share of listed size | 40.0% | 88 ÷ 220 |
| Villa plot as a multiple of listed size | Detached 1.84-1.88; semi-detached 1.25-1.45 | 405 ÷ 220 and 413 ÷ 220; 275 ÷ 220 and 320 ÷ 220 |
| Apartment area per bedroom | 1+1 101.0 m²; 2+1 62.5 m²; 1+1 duplex 93.0 m²; 2+1 duplex 68.0 m²; 3+1 duplex 61.0 m² | 101 ÷ 1; 125 ÷ 2; 93 ÷ 1; 136 ÷ 2; 183 ÷ 3 |
| Step between flat plans | Studio to 1+1 +33 m² (48.5%); 1+1 to 2+1 +24 m² (23.8%) | 101 – 68 and 33 ÷ 68; 125 – 101 and 24 ÷ 101 |
| Step between duplex plans | 1+1 to 2+1 +43 m² (46.2%); 2+1 to 3+1 +47 m² (34.6%) | 136 – 93 and 43 ÷ 93; 183 – 136 and 47 ÷ 136 |
| Duplex roof as a share of listed size | 1+1 48.4%; 2+1 49.3%; 3+1 38.3% | 45 ÷ 93; 67 ÷ 136; 70 ÷ 183 |
| Duplex listed size plus roof | 1+1 138 m²; 2+1 203 m²; 3+1 253 m² | 93 + 45; 136 + 67; 183 + 70 |
| Largest apartment against smallest | 2.69 times | 183 ÷ 68 |
| Villa against largest apartment | 1.20 times; with roof garden 308 m² against 253 m² (+55 m², 21.7%) | 220 ÷ 183; 220 + 88; 308 – 253 and 55 ÷ 253 |
Both villa forms list one built size, 220 m² for three bedrooms, which is 73.3 m² per bedroom (calculated). The roof garden equals 40.0% of the built size. The two plot ranges differ: 405-413 m² is 1.84 to 1.88 times the built size and 275-320 m² is 1.25 to 1.45 times, so the detached villa sits on the larger plot. The page does not label which of its two specification blocks belongs to which tab, and the mapping here follows page order, so the plot number should settle it.
Among the apartments, listed size climbs in steps. The studio is 68 m², the 1+1 flat adds 33 m² (48.5%) and the 2+1 flat a further 24 m² (23.8%). The duplexes run 93, 136 and 183 m², with steps of 43 m² and 47 m². The largest apartment is 2.69 times the smallest (calculated).
Duplexes add a roof area on top of the listed size, equal to 38.3% (3+1) to 49.3% (2+1) of it. Counting the roof, the 1+1 duplex reaches 138 m² against 101 m² for the 1+1 flat, and the 2+1 duplex 203 m² against 125 m². The pages do not say whether a roof is private, usable or built over, or whether a listed size is gross or net, so these totals show how the figures relate and are not floor areas to occupy.
The villa’s listed size is 1.20 times that of the largest apartment, but with its roof garden it reaches 308 m², which is 55 m² more than the 3+1 duplex with its roof.
As of 17 October 2026, the Tax Department’s VAT regulation (updated 7 October 2026) sets the line between its 5% and 10% schedules for housing at 300 m² of closed area, and every listed size here is below 300 m². The pages do not say what basis the sizes use, so the regulation and the written quotation decide.
Poolview and Gardenview repeat identical figures, so the choice between them is one of setting and not of floor area. Neither page gives the number of flats of each plan, the floor of a plan or the number of storeys of the apartment buildings.
The developer locates the project by a single relation, 850 metres from Long Beach, and publishes no plot coordinates, so that figure cannot be tested. The only address on its site, “ISATIS Orchard Complex Yeniboğaziçi”, is a company footer that repeats on every project page. For that reason the distances below are measured from the Long Beach roundabout and from Ötüken village centre, using OpenStreetMap data, and not from the plot.
According to Wikipedia, Spathariko is the Greek name of the village called Ötüken in Turkish. Administratively it is a ward (mahalle) inside İskele municipality, in the İskele Merkez sub-district, with no municipality of its own. The 2011 census counted 550 residents (386 in 2006), about 7% of the 7,906 spread over the municipality’s 18 wards. In OpenStreetMap its neighbours are Aygün, Kuzucuk and İskele; Bafra, 24.2 km from Ötüken, and Yeni Erenköy, 44.0 km, are not.
The ward boundary in OpenStreetMap encloses about 6.9 km² (computed) and takes in both the Long Beach roundabout and a Long Beach restaurant point, whereas the centre of Makenzi beach falls 0.43 km outside it. Such boundaries are volunteer-drawn and not cadastral, yet they support filing Long Beach-side projects under Ötüken. From the village centre the roundabout is 2.9 km away as the crow flies and 4.4 km (6 minutes) by road, and the Famagusta-İskele main road (D950) passes within 0.01 km of the roundabout.
“Long Beach” is what people call the İskele waterfront, and no official body defines how far it runs. A February 2024 Eastern Mediterranean University thesis studied a 3 km stretch of an İskele coastline of about 25 km. Its fieldwork in March 2023 recorded three car parks, bike lanes and footpaths, two buffets, seven food kiosks and a restaurant-bar, but no bus station on the waterfront. A promotional blog adds that part of the beach is public and part run by beach clubs.
For population, the newest official count of İskele district is the 2011 census: 22,492 residents, the fewest of the five districts then listed, where Wikipedia states 23,098 for the same census. Nothing later exists at district level. The Statistical Institute’s demography bulletin projects only a territory-wide 476,214 people at the end of 2023, compared with 286,257 in 2011.
No state hospital exists in İskele. The Ministry of Health’s list names six elsewhere, and the 2024 Statistical Yearbook shows no in-patient beds, state or private, in the district in any year from 2020 to 2024. Building work on a Karpaz Hospital is under way; the Health Minister’s statement of 17 August 2026 promised completion by the end of 2026 and did not name the site or the bed count.
The nearest state hospital with beds, in Gazimağusa, is 10.7 km and 12 minutes by road from the roundabout, on an OSRM estimate.
OpenStreetMap maps 47 service features within 6 km of the roundabout, among them 7 school tags, 3 nurseries, 9 bank branches, 8 pharmacies, 4 supermarkets, 8 convenience stores and 2 clinics. Coverage is incomplete and unofficial. The nearest campus is Eastern Mediterranean University in Famagusta, 12.0 km by road; none was found in İskele.
By road from the roundabout, Ercan Airport is 54.7 km (58 minutes) and Larnaca Airport 69.0 km (73 minutes), in OSRM estimates that leave out traffic and border queues. The sources do not say which crossing a drive to Larnaca would use, and the UN Secretary-General’s report of January 2026 mentions long delays at the main vehicle crossing in Nicosia. The airport-shuttle operator KIBHAS lists no İskele line, and an unofficial timetable contradicts itself, so no fare or journey time is quoted. Famagusta municipality’s free lines stop short of İskele.
The nearest WMO climate record is Paralimni, a Republic of Cyprus station 21.0 km from Ötüken village. Its 2002-2011 monthly means give a daily high of 15.9 °C in January and 33.3 °C in August, and the twelve monthly rainfall means sum to 331.1 mm (calculated), with none in July. Salamis, an ancient city whose earliest finds date to the 11th century BC according to Wikipedia, has its site board 8.1 km by road from the roundabout in OpenStreetMap.
Karpaz beaches are nesting grounds for green and loggerhead turtles. The Environment Protection Department’s 2024 note records 1,834 nests there but does not say whether Long Beach lies in its Gazimağusa Bay zone. For other beaches, see this site’s article on the top beaches in Cyprus.
Construction statistics show supply, not demand. Dwellings with final approval in İskele numbered 264, 391, 468, 389 and 541 in 2021-2025 (the 2025 workbook, totals calculated), and the 2025 bulletin says its figures count completions only. No sales or rent series, count of projects along Long Beach, or height or setback rule was found.
| Nearby place (measured from the Long Beach roundabout, not from the plot) | What it is | Straight-line (km) | By road (km, minutes) | Source |
|---|---|---|---|---|
| İskele town centre | District administrative centre | 4.4 | 5.7 km, 7 min | OSRM; Wikipedia |
| Salamis site board | Ancient city, ruins 6 km north of Famagusta | 6.6 | 8.1 km, 9 min | OSRM; Wikipedia |
| Gazimağusa State Hospital | Nearest state hospital with beds | 10.2 | 10.7 km, 12 min | OSRM; Ministry of Health |
| Eastern Mediterranean University | State university in Famagusta | 11.3 | 12.0 km, 14 min | OSRM |
| Famagusta Walled City centre point | Historic centre of Famagusta | 14.1 | 16.0 km, 19 min | OSRM |
| Bafra village | Karpaz coast village | 21.4 | 23.2 km, 24 min | OSRM |
| Ercan Airport | Flights to Türkiye only | 37.6 | 54.7 km, 58 min | OSRM |
| Larnaca Airport | Republic of Cyprus; route crosses the Green Line | 49.1 | 69.0 km, 73 min | OSRM |
| Ötüken village centre (for reference) | Ward centre, 2.3 km inland of the main road | 2.9 | 4.4 km, 6 min | OSRM |
No official house-price index, sales count or resale series for the TRNC or for İskele exists in the sources, so nothing here says how fast a unit sells or at what price. What follows covers the rules around a later sale, a gift to relatives and an inheritance, as of 17 October 2026, and marks where the sources end. Several instruments named have end dates, which the last paragraph of this section collects.
A later buyer who is a foreigner needs a purchase permit, as the first one did.
Decree-Law 89/2026 (RG 147, 7 August 2026) lets a foreign buyer hold up to three apartments or, inside a mass-housing project, two two-storey detached villas, among other options; citizens of states that recognise the TRNC and extend the same right to its citizens may hold six apartments or three villas. The consolidated text of Law 52/2008 keeps the older limit of one apartment, so the pool of eligible buyers depends on which text applies on the day.
The developer’s FAQ quotes 1-2 months for the permits of Turkish citizens and 6-8 months for other nationalities; no official period exists to confirm it.
Seller tax follows the Income Tax Law (consolidated text of 25 May 2026). For an owner who is not a property dealer, the deemed gain is 20% of the higher of the Land Registry’s assessed value and the sale price. Of that gain 30% is exempt, and the Land Registry withholds 20% of what remains as a final tax.
Per 100,000 units of value, that is a deemed gain of 20,000, a taxable 14,000 and a tax of 2,800, or 2.8% (calculated). The Council of Ministers may raise the exemption each January, up to 60%.
The law holds no holding period that removes the tax, and its one-off exemption excludes foreigners. Selling more than three properties in one calendar year, more than five in three years, or selling as a profession brings dealer treatment, though inherited or donated property is not counted. The developer’s FAQ gives other withholding figures (3.5%, 4% and 6.25%) that the official text read here does not show.
What a buyer pays affects what a seller can ask. RG 197 of 7 October 2026 sets the Land Registry fee at 4%, 5.5% and 6% for a foreigner’s first, second and third property, and at 4% for the first two of a recognising-state national, charged to whoever registers the title. It is valid only to 5 January 2027 inclusive. Agency pages quote other rates for the same fee, so quotations differ; only the official scale is used here.
The agreement itself bears stamp duty of 0.5% of the stated sum, payable by the buyer unless the parties agree otherwise, under the Stamp Duty Law.
Whether VAT applies to a private resale is not established in the official text read; the regulation puts housing up to 300 m² of closed area in the 5% schedule, and the agency claim that private resales carry none is unverified. A mortgage must be cleared first: the same schedule charges TL 149 to remove one and 1% of the debt to register one.
Proceeds can leave through banks, since the Foreign Exchange Law frees remittances when names and addresses are recorded. The Financial Transactions Tax, in force from 1 October 2026, takes 0.1% of foreign-currency sale amounts in exchange transactions, and its effect on property proceeds was not verified.
A foreigner may transfer a property to relatives of the first and second degree, by blood or marriage, with the Ministry’s knowledge and approval, as RG 147 provides. The developer’s FAQ lists gift taxes of 0.2% from parent to child and 0.4% between spouses, but they are not matched to an official schedule.
For inheritance, the official texts reviewed for this guide contain no TRNC succession law. How a foreign heir registers a unit, whether it counts against the heir’s purchase limit and which fees apply are therefore not stated, and a TRNC lawyer should answer them in writing.
| Exit or transfer route | Approvals the sources name | Costs the sources name | Not established |
|---|---|---|---|
| Sale to another foreign buyer | Council of Ministers purchase permit, applied for via the Interior Ministry; registration at the district Land Registry (Tapu Amirliği) | Seller withholding of about 2.8% of value (calculated); Land Registry fee 4-6%; stamp 0.5% | Official time for the permit decision |
| Sale to a national of a recognising state | Same permit regime with larger quotas (6 apartments, 3 villas) | Land Registry fee 4% for the first two properties | Which nationalities qualify, in the official texts read |
| Sale to a TRNC citizen | Developer’s FAQ says citizens have no purchase limit | Land Registry fee for citizens not in the sources | Official confirmation and fee |
| Transfer to a first- or second-degree relative | Ministry’s knowledge and approval (RG 147) | Developer’s FAQ: 0.2% or 0.4% (unverified) | Official gift rates |
| Inheritance | Not covered by the sources | Inherited property is outside the dealer test | Succession law, heir’s registration, fees |
| Sale of shares in a holding company | Permit and security check if a foreigner acquires shares (RG 147) | Not stated | Tax treatment of the share sale |
A checklist helps an owner prepare; the ordered list below covers documents and decisions and is not advice.
Rules with end dates: Decree-Law 89/2026 is a Council of Ministers decree whose 90 days from 7 August 2026 run out around 5 November 2026 unless Parliament turns it into law, and the fee schedule and mortgage charges of RG 197 hold only until 5 January 2027. Its predecessor, 63/2026, lapsed after 90 days and was re-issued, so a sale that spans these dates may meet different terms.
Ten steps lead from enquiry to title, and the order matters because later deadlines start from earlier acts. The first is a check of what the buyer may hold. As of 17 October 2026, Decree-Law 89/2026 (RG 147) sets quantity limits per foreign buyer, the Law 52/2008 caps of 7% of a district’s area and 3% of the country’s still apply, and the unit must already carry condominium title or a condominium easement under Law 35/2010.
Next comes the title search. The Land Registry issues a research document, an ownership query, and its notice of 15 July 2025 says such work is handled by the office of the district where the property is registered. A stamped sale agreement follows. Within one month it goes to that office after the taxes and fees due on the sale are paid, and the buyer lodges the permit application in the same month; if either is missed the contract falls automatically.
The Interior Ministry’s Property Unit takes the permit file: a petition, an information form, a passport copy, a title copy, a location plan and a police record, as its document list sets out. The application fee is half the gross monthly minimum wage, which comes to TL 35,446.50 (calculated from the TL 70,893 in force since 1 July 2026). No official period exists for the Council of Ministers’ decision.
Once the permit appears in the Resmi Gazete, the decree gives 75 working days for the transfer fees and a year to sign the transfer, against 60 working days and six months in the consolidated law. Water and electricity connections wait until all taxes and fees are settled. A lapsed permit costs double fees to reapply for, and a third application on the same property is not accepted. All of these periods exist only while the decree remains in force.
Funds move through banks, with sender and recipient recorded. A price quoted in pounds or euros avoids lira exposure, but stamp duty on a foreign-currency sum is worked out in lira at the official effective selling rate on the day of stamping, and consumer prices (the index) rose 35.02% in the 12 months to September 2026. For wider costs, see this site’s cost of buying, building and renting article.
| Step | Who | Typical time | Source |
|---|---|---|---|
| 1. Check limits and unit eligibility | Buyer and lawyer | Before any payment | RG 147; Law 52/2008 |
| 2. Confirm condominium title or easement | Seller or developer; Land Registry | Before the permit application | Law 52/2008 |
| 3. Search the title | Lawyer; district Land Registry | No official period | Land Registry notice; agency guide |
| 4. Sign and stamp the agreement | Buyer and seller; Tax Department | Stamp 0.5% of the stated sum | Stamp Duty Law |
| 5. Lodge the agreement and file the permit application | Buyer or lawyer; Land Registry; Interior Ministry | Within 1 month, as of 17 October 2026 | RG 147 |
| 6. Provide the permit file | Buyer | Application fee TL 35,446.50 (calculated) | Document list; minimum wage notice |
| 7. Council of Ministers decision | Council of Ministers | No official period; the developer states 1-2 months (Turkish citizens) and 6-8 months (others) | Developer FAQ |
| 8. Pay the transfer fees | Buyer (and seller for their taxes) | 75 working days from publication (decree) or 60 (consolidated law) | RG 147 |
| 9. Sign the transfer declaration | Buyer and seller; Land Registry | 1 year from publication (decree) or 6 months (consolidated law) | RG 147 |
| 10. Connect utilities | Buyer; local authority; electricity authority | After taxes and fees are paid | RG 147 |
The developer’s pages are silent on the title-deed category of every Elysium unit, so the category has to be read from the Land Registry record. The fee schedule in RG 197 shows that the register holds ordinary titles and equivalent-property titles. The UK Government guidance warns that former Greek Cypriot land later classed as exchange or gift land can face restitution claims, and that a permit can be refused without reasons.
The area adds a general point, not a project-specific one. Wikipedia says Trikomo (İskele) had an almost entirely Greek Cypriot population before 1974, so earlier ownership claims are plausible, yet no Immovable Property Commission decision naming Ötüken or İskele town turned up. The Commission reports 8,807 applications and 3,757 concluded as of 2 October 2026, and Law 67/2005 accepts applications to 21 December 2027.
The Demopoulos decision of 1 March 2010 treats the Commission as the remedy to use first, and Orams (28 April 2009) holds that Republic of Cyprus judgments on northern land are enforceable elsewhere in the EU.
Construction risk is separate. A press report of a 2023 statement by the president of the Cyprus Turkish Chamber of Engineers and Architects said project approval checks earthquake compliance and that the İskele area has the most sensitive soil; it is a secondary source. The document to ask for is the final approval certificate, which the Statistical Institute uses to count completed housing.
The UK guidance also names problems common across Cyprus: lawyers acting for both vendor and builder, building without the correct permits, payment plans left out of contracts, difficulty obtaining completion certificates and title deeds, and developer mortgages on the land. Read with this site’s article on the title deeds of Northern Cyprus, they argue for an independent lawyer and a contract that carries every promise made.
| What to ask for | Issuing office | Why it matters | Where to verify |
|---|---|---|---|
| Land Registry research document | District Land Registry (Tapu Amirliği) | Shows the registered owner; an agency guide adds mortgages and restrictions | Land Registry notice; agency guide |
| Title category and pre-1974 history of the plot | Land Registry record, read by the buyer’s lawyer | Exchange or gift land can face restitution claims | UK Government guidance |
| Condominium title or easement for the unit | Land Registry | Precondition of a purchase permit application | Law 52/2008 |
| Building permit and final approval certificate | İskele municipality (urban areas) | Evidence the building was approved and finished | Statistical Institute bulletin |
| Statement of mortgages over the unit and land | Land Registry | A developer mortgage on the land is a listed problem in Cyprus | UK Government guidance |
| Permit notice in the Resmi Gazete | Council of Ministers | Starts the 75 working-day and one-year periods | RG 147 |
| Written specification and dated price list | Developer | The pages publish neither a price nor a completion date | Developer page |
| Project (Elysium Otuken and the other Isatis listings) | Area as published | Unit types as published | Size range as published (m²) |
|---|---|---|---|
| Isatis 1 | Centre of Famagusta city | 20 apartments, 2+1 | 70-75 |
| Isatis 2 | The developing area of Famagusta | 16 apartments, 2+1; 2 penthouses, 3+1 | 70-90 |
| Isatis 3 | Karakol region of Famagusta | 2+1 apartment; 1-bedroom penthouse | 62-82 |
| Isatis 4 | Çanakkale area, near City Mall | 1+1 and 2+1 apartments; 2-bedroom penthouse | 65-83 |
| Isatis 5 | Karakol region of Famagusta | 2-bedroom apartments (Type A, Type B); 2-bedroom penthouse | 75-151 |
| Sunrise | Yeniboğaziçi | Detached and semi-detached 3-bedroom villas | 240-490 |
| Fiora | Famagusta district; site not stated | 1+1, 2+1, 2+1 duplex and 3+1 duplex apartments | 92-168 |
| Orchard | Yeniboğaziçi | Five villa types and five apartment types: studios to 3+1 flats, 3- and 4-bedroom villas | 44-310 |
| Elysium (this page) | Ötüken as filed on this site; developer: 850 m from Long Beach | Studio to 3+1 duplex apartments; 3-bedroom villas | 68-220 |
| Elysium 2 | Ötüken as filed on this site; the developer page names no town | Studio to 3+1 duplex apartments | 69-187 |
| Infinity | Ötüken as filed on this site; developer: 450 m from Long Beach | Apartments in a 10-storey block and a townhouse block, studio to 3+1 duplex | 92-183 |
| Hillside | Tatlısu as filed on this site; the developer page names no town | Studio and 1+1 apartments | 51-70 |
Read the table as published figures side by side, not as a league table. Elysium lists both villas and apartments, as Orchard does, but its single villa size of 220 m² sits below Sunrise’s 240-490 m² and within Orchard’s 183-310 m². Elysium and Infinity share five apartment sizes (93, 101, 125, 136 and 183 m²) on their developer pages, in different settings, and the developer’s distances to Long Beach are 850 metres for Elysium and 450 metres for Infinity, neither tested. The Famagusta group lists apartments of 62-151 m².
Elysium 2 is filed in the same ward, and Hillside lies in Tatlısu, which the 2011 census places in Gazimağusa district. No page publishes a price, and only Isatis 1 and Isatis 2 give unit counts, so no cost comparison is possible. For wider choices, see this site’s Northern Cyprus page, the Famagusta city page and three further Famagusta listings outside this guide: Sakarya Gardens, Urban Oasis and Aura Gardens.
Everything in this section comes from the developer’s own pages and is attributed to them. The About page says Isatis Construction Limited was established in North Cyprus in 2015 and has since built and sold apartments and villas in Famagusta and Yeniboğaziçi. It names neither İskele nor Long Beach, although the site menu lists Elysium.
The page adds that the company uses environmentally friendly materials of high quality, keeps in touch with customers before and after sales, shows its projects to investors from many countries, helps investors through the contract stage and takes over management of the projects it delivers. These are claims by the developer and were not checked independently. The footer calls the group an engineering and construction company led by experienced engineers.
The FAQ page says a purchase can be made from abroad by power of attorney, that a purchase permit is needed, that foreigners may buy one property each, and that taxes include withholding, VAT, the transfer fee and stamp duty. Where it differs from the official texts used in this guide, such as on the number of properties and the split of the Land Registry fee, the official texts prevail. The page is undated.
The developer says the complex stands 850 metres from Long Beach and offers no address or map point. This site files it under Ötüken, a ward of İskele municipality, and OpenStreetMap’s ward boundary takes in the Long Beach roundabout. The 850-metre figure cannot be checked without plot coordinates. For orientation, from the roundabout to the Walled City of Famagusta it is 14.1 km straight, 16.0 km by road, around 19 minutes on an estimate that ignores traffic.
Three-bedroom detached and semi-detached villas of 220 m², and Poolview and Gardenview apartments in six plans: studio 68 m², 1+1 of 101 m², 2+1 of 125 m², and duplexes of 93, 136 and 183 m² with roof areas of 45, 67 and 70 m². The villa roof garden is 88 m². The two apartment pages repeat the same figures. The developer states no unit counts, bathroom numbers for apartments or balcony areas.
No price appears on the developer’s pages. This site holds a reference range of GBP 180,000-450,000 entered in 2024, which those pages do not confirm. The range spans units of 68 to 220 m², so it says little about any one plan. The contract should carry a price list that is dated and stated in a named currency, with the instalments and completion dates set out.
The developer states no completion date, and this site holds no build-year record for the listing. The amenities list gives no sign of which facilities are open, and the pages do not say whether any block is finished. Asking the developer in writing which blocks hold a final approval certificate, which are still being built and which shared facilities operate would settle it, provided the answers go into the contract.
Not in İskele itself. The Ministry of Health lists six state hospitals, none in the district, and the 2024 yearbook shows zero hospital beds there from 2020 to 2024. A Karpaz Hospital is being built, and the Health Minister promised on 17 August 2026 that it would be complete by the end of 2026. Gazimağusa State Hospital, the nearest with beds, is 10.7 km (12 minutes) from the roundabout by road.
As of 17 October 2026, under the Income Tax Law consolidated on 25 May 2026, the deemed gain is 20% of the higher of assessed value and price, 30% of it is exempt, and the Land Registry withholds 20% of the rest, which is 2.8% of that value (calculated). The Council of Ministers may raise the exemption each January. Dealer treatment applies above three sales a year or five in three years. VAT on a private resale is not established in the official text read.
The sources reviewed for this guide contain no TRNC succession law, so how a foreign heir registers the unit, whether it counts against the heir’s purchase limit and which fees apply are not stated here. They do say that inherited property is outside the dealer test, and that a foreigner may transfer a property to relatives of the first and second degree with Ministry approval. A TRNC lawyer should answer in writing.
Under Decree-Law 89/2026 (RG 147, 7 August 2026), and only as of 17 October 2026, a foreign buyer may hold up to three apartments, or two two-storey detached villas inside a mass-housing project, or one of the land and house options; citizens of recognising states may take six apartments or three villas. The consolidated text of Law 52/2008 keeps the older limit of one. The decree’s 90 days from 7 August 2026 end about 5 November 2026 unless Parliament enacts it.
The villa page says the villas have the possibility of a private pool. Who approves it, what it costs and whether the plot allows it are not stated. The Tax Department’s 2025 property tax schedule, the latest located, sets TL 35.60 per m² of swimming pool. The written specification should settle the point. For letting rules while an owner holds a unit, see this site’s guide to renting through Airbnb in Cyprus.
Under the Residence and Visa Regulation of 5 October 2026, an owner holding title to property worth GBP 300,000 or more can receive a 10-year permit, and a lower value brings 5 years; a buyer holding only a contract must have paid one third of the price. Ordinary naturalisation needs five years of residence under the Citizenship Law, and no provision makes a purchase an automatic route. See the residency programme and citizenship and immigration pages.
Last checked: 17 October 2026. Sources:
This is not legal, tax or financial advice.
