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How the four categories differ →Elysium 2 Otuken is an apartment complex by Isatis Construction Group, filed under Ötüken near the Long Beach waterfront of İskele in Northern Cyprus; the developer lists seven apartment types, from a 69 m² studio to a 187 m² three-bedroom duplex, and names no town or address. This guide reads the Elysium 2 Otuken figures, adds sourced area facts and sets out the letting rules a buyer would meet. The developer publishes no price, completion date or title-deed category, and none is estimated here.

The developer’s English page for Elysium 2 and its Turkish version agree on every figure. The page invites readers to “a life of abundance and luxury”, in the developer’s words, then lists seven apartment types with bedroom, bathroom, garden and size figures.
Sixteen community amenities follow: a restaurant and bar, coffee shop, barbecue areas, pool bar, central satellite, central generator, sauna, indoor and outdoor pools, kids’ playground, Turkish bath, tennis court, volleyball court, gym, 24-hour security, waste collection and a shuttle service.
The page does not say how many buildings or apartments the complex has, where it stands, how far it is from the sea, or when it will be or was finished. Its footer gives only a company address in the Orchard complex at Yeniboğaziçi, which is repeated on every page of the developer’s site and is not a project address.
The developer’s Elysium page puts that project 850 metres from Long Beach and its Infinity page puts Infinity 450 metres away. The Elysium 2 page states no distance, so this guide does not assume that the three projects share a boundary.
| Elysium 2 Otuken key facts | As published by the developer (17 October 2026) |
|---|---|
| Location text | Not stated on the developer’s page; filed under Ötüken (İskele area, near Long Beach) on this site |
| Unit types | Studio; 1+1; 1+1 duplex; 2+1; 2+1 duplex; 3+1 duplex Type A; 3+1 duplex Type B (each labelled “Apartment”) |
| Listed sizes | 69 m² (studio) to 187 m² (3+1 duplex Type A); garden areas of 17 to 89 m² listed per type |
| Number of units | Not stated |
| Price | Not published by the developer; this page’s reference range is GBP 160,000-299,000 as recorded by this site in 2024 and not confirmed on the developer’s pages; request a dated written price list |
| Completion | Not published; the site’s record gives 2026 as the build year; confirm the status of each building in writing |
| Title-deed category | Not stated |
| Developer | Isatis Construction Group (Isatis Construction Limited) |
| Community amenities listed | Sixteen, including indoor and outdoor pools, gym, sauna, Turkish bath, tennis and volleyball courts, 24-hour security and a shuttle service |
The price row follows the form used for every Isatis listing on this site: the developer prints no price, and the range above is only what this site recorded in 2024. The site’s record of 2026 as the build year is likewise a record and not a developer statement. Since 2026 is the current year, a buyer should ask in writing which buildings are finished, which are under construction and which facilities are open.
The developer’s page carries one card for each of seven types, and every card gives the type as “Apartment”, duplexes included. The table keeps the order of the plan tabs; the studio card shows a dash where bedrooms would be. Garden figures are printed as “first floor rooftop garden” and “ground floor garden”, and a card may show one of them or both.
| Elysium 2 Otuken unit type | Bedrooms | Bathrooms | Size (m²) | First-floor rooftop garden (m²) | Ground-floor garden (m²) |
|---|---|---|---|---|---|
| Studio | – | 1 | 69 | 45 | 17 |
| 1+1 | 1 | 1 | 101 | 68 | 48 |
| 1+1 duplex | 1 | 2 | 86 | 45 | 25 |
| 2+1 | 2 | 2 | 119 | 89 | 32 |
| 2+1 duplex | 2 | 2 | 130 | 73 | 48 |
| 3+1 duplex Type A | 3 | 2 | 187 | – | 48 |
| 3+1 duplex Type B | 3 | 2 | 161 | 73 | – |
Table 2 is calculated from the developer’s figures alone; no other source gives sizes for Elysium 2. The page does not state whether “size” means built area, area with terraces or something else, nor whether the gardens lie inside or outside it. The ratios therefore compare the listed areas with one another and do not describe living space.
The page also leaves open whether a card’s two gardens belong to one apartment or to a ground-floor and a first-floor variant; the combined column assumes one apartment, and the last column avoids the assumption by using only the larger garden.
| Size comparison (calculated from the developer’s figures) | Size (m²) | Size per bedroom (m²) | Gardens combined (m²) | Combined gardens ÷ size | Larger garden ÷ size |
|---|---|---|---|---|---|
| Studio | 69 | – | 62 | 0.90 | 0.65 |
| 1+1 | 101 | 101.0 | 116 | 1.15 | 0.67 |
| 1+1 duplex | 86 | 86.0 | 70 | 0.81 | 0.52 |
| 2+1 | 119 | 59.5 | 121 | 1.02 | 0.75 |
| 2+1 duplex | 130 | 65.0 | 121 | 0.93 | 0.56 |
| 3+1 duplex Type A | 187 | 62.3 | 48 | 0.26 | 0.26 |
| 3+1 duplex Type B | 161 | 53.7 | 73 | 0.45 | 0.45 |
Three features of the figures stand out. The 1+1 is listed at 101 m² while the 1+1 duplex is listed at 86 m², which is 15 m² smaller although it has a second bathroom. For two bedrooms the order is the expected one: the 2+1 duplex at 130 m² is 11 m² larger than the 2+1 at 119 m².
The two three-bedroom duplexes both have two bathrooms, yet Type A (187 m², ground-floor garden of 48 m²) is 26 m² larger than Type B (161 m², rooftop garden of 73 m²). The page gives no reason for these differences.
Per bedroom, the listed size runs from 53.7 m² (3+1 Type B) to 101.0 m² (the 1+1), with 59.5 m² for the 2+1, 65.0 m² for the 2+1 duplex and 62.3 m² for Type A. Combined garden area exceeds the listed size for the 1+1 (116 against 101 m²) and the 2+1 (121 against 119 m²) and is about a quarter of it for Type A (48 against 187 m²).
The seven sizes average 121.9 m² (853 ÷ 7), and the largest type is 2.7 times the smallest (187 ÷ 69), both calculated.
The developer’s Elysium Poolview and Gardenview apartment pages list a studio of 68 m², a 1+1 of 101 m² and a 2+1 of 125 m². Elysium 2 lists 69, 101 and 119 m² for the same three names, which is 1 m² more, identical and 6 m² less (calculated).
Those pages print duplex sizes as a main area plus a roof area, such as 183 m² + 70 m² for the 3+1, while the Elysium 2 page prints one size and separate gardens, so the duplex entries cannot be compared line by line.
The Elysium 2 page names no town, street, plot number or map point. This site files the listing under Ötüken. Ötüken is a mahalle (ward) of İskele municipality in the İskele Merkez sub-district, and its OpenStreetMap boundary polygon, about 6.9 km² (area computed from the polygon), contains the Long Beach roundabout.
That boundary is volunteer-drawn and is not the legal cadastral boundary, and whether the Elysium 2 plot lies inside it cannot be tested without coordinates. İskele district was separated from Gazimağusa district in 1998 (Wikipedia).
Ötüken is the Turkish name of the village of Spathariko (Wikipedia). It had 550 residents at the 4 December 2011 census, against 386 in 2006, about 7% of the 7,906 people of İskele municipality, while the district had 22,492 (ward table, district table). No census has been taken since.
The Statistical Institute’s only later figure is a TRNC-wide projection of 476,214 for the end of 2023, against 286,257 in 2011, with no district breakdown. The ward’s neighbours are Aygün, Kuzucuk and İskele; Bafra is 24.2 km away in a straight line, in another sub-district.
Long Beach is the colloquial name of the İskele waterfront, and no official source defines its extent. A February 2024 Eastern Mediterranean University thesis studied a 3 km stretch within a district coastline of about 25 km, and its March 2023 fieldwork found no bus station on the waterfront (full text).
The Ötüken village centre lies 2.3 km inland from the Famagusta-İskele main road, the D950, and 2.9 km in a straight line from the Long Beach roundabout (OpenStreetMap road data). The developer’s 450 and 850 metre figures for Infinity and Elysium therefore cannot refer to the village centre; for Elysium 2 no figure exists.
İskele has no state hospital. The Ministry of Health’s list of state hospitals names six, none in İskele, and the Statistical Yearbook 2024 records zero in-patient beds, state or private, in the district in every year from 2020 to 2024. A Karpaz Hospital is under construction: on 17 August 2026 the Health Minister said the rough construction was complete and the whole building would be finished by the end of 2026.
The item gives no site or bed count, so the date is a ministerial promise and not a fact. The nearest state hospital with in-patient beds is in Gazimağusa, 10.7 km and 12 minutes by road from the roundabout.
No university campus was found in İskele; Eastern Mediterranean University is 12.0 km away by road, and official figures show its enrolment falling, from 16,640 in 2021-22 to 15,729 in 2024-25. Within 6 km of the roundabout, OpenStreetMap shows 7 school tags, 9 bank branches, 8 pharmacies, 4 supermarkets, 8 convenience stores, 2 clinics, 2 police posts, 1 fire station and 1 post office, although its coverage is incomplete and it is not an official register.
Ercan Airport is 54.7 km and 58 minutes away by road from the roundabout, so about an hour by car; it serves flights to and from Türkiye only. No bus time or fare is quoted: the shuttle operator KIBHAS names no İskele line, an unofficial aggregator gives both 50 and 90 minutes for one journey, and Gazimağusa Municipality’s free lines do not run to İskele.
Larnaca Airport is 69.0 km by road before any crossing queue; the UN reported in January 2026 long delays at the main vehicle crossing in Nicosia, and which crossing a Larnaca-bound drive would use was not verified.
| Nearby places and distances (straight-line and road, as of 17 October 2026) | What it is | Distance (straight-line is calculated; road is an estimate without traffic) | Source |
|---|---|---|---|
| Ötüken village centre to the Long Beach roundabout | Reference points inside the ward (the roundabout is mapped on the Famagusta-İskele main road) | 2.9 km straight-line; 4.4 km by road, 6 min | OSRM estimate; OSM way |
| İskele town (İskele Health Centre point) from the roundabout | Administrative centre of the district and municipality | 4.4 km straight-line; 5.7 km by road, 7 min | OSRM estimate |
| Famagusta Walled City centre point from the roundabout | Nearest city; Gazimağusa district centre | 14.1 km straight-line; 16.0 km by road, 19 min | OSRM estimate |
| Gazimağusa State Hospital from the roundabout | Nearest state hospital with in-patient beds | 10.2 km straight-line; 10.7 km by road, 12 min | OSRM estimate; OSM way |
| Eastern Mediterranean University from the roundabout | Nearest university campus (none in İskele) | 11.3 km straight-line; 12.0 km by road, 14 min | OSRM estimate |
| Salamis site board from the roundabout | Ancient city, about 6 km north of modern Famagusta | 6.6 km straight-line; 8.1 km by road, 9 min | OSRM estimate; Wikipedia |
| Royal Tombs of Salamis from Ötüken village | Necropolis west of the ancient city | 6.7 km straight-line; 9.9 km by road, 14 min | OSRM estimate |
| Ercan Airport from the roundabout | Airport in Lefkoşa district; flights to and from Türkiye only | 37.6 km straight-line; 54.7 km by road, 58 min | OSRM estimate; Wikipedia |
| Larnaca Airport from the roundabout | Airport in the Republic of Cyprus; the route crosses the Green Line | 49.1 km straight-line; 69.0 km by road, 73 min, before any crossing queue | OSRM estimate |
| Nicosia (Lefkoşa) from Ötüken village | Capital of the TRNC | 46.7 km straight-line; 64.2 km by road, 72 min | OSRM estimate |
| Kantara Castle from İskele town | Castle in the Karpaz foothills | 13.5 km straight-line; 21.9 km by road, 33 min | OSRM estimate; OSM way |
| Bafra from the roundabout | Karpaz coast village, a different sub-district from Ötüken | 21.4 km straight-line; 23.2 km by road, 24 min | OSRM estimate |
Famagusta, the nearest city, is described on this site’s Famagusta city page. The Karpaz peninsula is a main eastern-Mediterranean nesting ground for loggerhead and green turtles, and the Environment Protection Department counted 1,834 nests on its beaches in 2024. Its 2024 note lists season rules, such as no umbrellas within 35 m of the sea, but does not say whether Long Beach is covered, so a buyer who cares about beach use or lighting should ask.
For beaches elsewhere on the island, see this site’s article on beaches in Cyprus.
No weather station in İskele publishes data. The nearest WMO-listed climatology, Paralimni in the Republic of Cyprus, 21.0 km from Ötüken village, gives mean daily highs of 32.9 °C in July and 33.3 °C in August and a January mean minimum of 8.1 °C (2002-2011). Sea temperatures exist only for Famagusta, from an aggregator: 17.2 °C in February and 29.0 °C in August.
Building statistics measure completions only. The Statistical Institute’s 2021-2025 tables give 264, 391, 468, 389 and 541 dwelling units with final approval for İskele (urban plus rural, calculated), 541 being the 2025 figure. No count of projects along Long Beach, no sales series, no rent statistic and no TRNC height or coastal-setback rule for İskele was found (laws list).
Nothing on the Elysium 2 pages mentions letting: there is no rental scheme, yield figure or management arrangement, and this guide supplies none. What a buyer who plans to let would meet comes from TRNC texts. As of 17 October 2026 these are the Holiday Houses Law, the Income Tax Law as consolidated on 25 May 2026, the VAT schedule updated on 7 October 2026 and the Stamp Duty Law.
The sources reviewed contain no tenancy-law text and no Ministry of Tourism guidance for owners, so nothing is claimed on rent control, deposits or notice periods.
The Holiday Houses Law treats a lease for tourism purposes of up to 60 days, arrival and departure days included, of a unit built as housing as a holiday-house letting. Before letting, the owner must register the unit with the Tourism Planning Department of the Ministry of Tourism and hold a Registration Certificate (Sicil Belgesi) and an Operating Permit (İşletme İzni Belgesi).
The Department decides within 90 working days of an application, inspects within 30 working days of a complete one and issues the certificate within 10 working days of registering. The one-off fee is half the gross monthly minimum wage in force at the start of that year, a wage the sources do not give, so no lira fee is calculated. The owner keeps guest registration forms and sends monthly copies to the Department.
Breaching the listed duties brings an administrative fine of one gross monthly minimum wage, doubled if unpaid after 15 working days, then suspension of the operating permit and sealing of the unit.
Letting without registration or a permit is an offence with a fine of up to 10 times that wage on conviction; breaking a seal, or breaching the owner’s duties to guests and the Department (articles 10(10) and 13(1)-(2)), carries up to 5 times. At the gross wage valid from 1 July 2026, TL 70,893 (Tax Department), ten times is TL 708,930 (calculated; the wage at the date of conviction applies).
Decree-Law 89/2026 (RG 147, 7 August 2026) also touches holiday homes. Units that exceed a buyer’s legal acquisition right and are placed under holiday-homes legislation receive a use certificate of unlimited duration while they stay registered. A licensed intermediary investor who cannot transfer homes to buyers within two years of final approval must put them under the holiday-homes rules or lose the licence.
Both provisions depend on a decree that expires about 5 November 2026 unless Parliament enacts it. Whether any Elysium 2 unit is held that way is not stated.
For longer lets, the Income Tax Law withholds 10% of gross rent, advance rent included, whether the home is furnished or not; for individuals, and for companies earning only rent, this is the final tax. The owner or a representative pays it to the Tax Department, and where the owner lives abroad with no permanent representative the tenant must withhold and pay it.
Rent below one monthly minimum wage in a month is exempt if the person has no other income, and the deductions are not available to people who are not resident in the TRNC. Renting immovable property is at 0% VAT. A lease is stamped as an agreement stating a sum, which the sources read as the 0.5% schedule applied to the total rent for a fixed term, with the tenant paying unless the parties agree otherwise.
The sources do not say how guest income from a registered holiday house is taxed, whether as rent under the 10% withholding or as business income, so that question needs a TRNC tax adviser’s written position before any letting plan is made.
Annual immovable property tax is separate. The latest schedule found, effective 1 January 2025, sets a base of TL 6.60 per m² up to 120 m² and TL 7.15 per m² above, with surcharges of 10% to 60% by category and TL 35.60 per m² for a swimming pool; a 2026 schedule was not located.
As an illustration of scale only, the base before surcharges is TL 455.40 for 69 m² and TL 1,271.05 for 187 m² (calculated: 69 × 6.60, and 120 × 6.60 + 67 × 7.15). The taxable area basis for Elysium 2 is not verified.
| Letting rule (as of 17 October 2026) | What the source says | Instrument |
|---|---|---|
| Short lets | A tourism lease of up to 60 days of a unit built as housing is a holiday-house letting | Holiday Houses Law |
| Registration | Registration Certificate and Operating Permit from the Tourism Planning Department before letting | Holiday Houses Law |
| Timetable | Decision within 90 working days; inspection within 30; certificate within 10 | Holiday Houses Law |
| Penalties | Fine of one gross monthly minimum wage (doubled after 15 working days); up to 10 times for letting without a permit; up to 5 times for seal and guest-duty breaches | Holiday Houses Law |
| Rent withholding | 10% of gross rent; final tax for individuals | Income Tax Law, consolidated 25 May 2026 |
| Owner abroad | With no permanent representative, the tenant withholds and pays | Income Tax Law, consolidated 25 May 2026 |
| VAT on rent | 0% | VAT schedule updated 7 October 2026 |
| Stamp on a lease | Agreement rate on the total rent; tenant pays unless agreed otherwise | Stamp Duty Law |
| Annual property tax | Base TL 6.60 per m² to 120 m² and TL 7.15 above, plus surcharges (2025 schedule) | Property tax regulation effective 1 January 2025 |
| Not found | Tenancy law, Ministry of Tourism guidance for owners, any İskele rent statistic | Gap in the sources reviewed |
No source reviewed supports a claim about demand or income. The İskele pack found no dated, attributed rental statistic for İskele, no housing-sales series and no count of projects along Long Beach. Student numbers at the university 12.0 km away are the nearest demand indicator in the packs, and they fell in the official series. This site’s article on renting through Airbnb in Cyprus is general background; the TRNC rules above govern a unit in the north.
A buyer who intends to let can use the following list of written requests.
Think of the purchase as a set of clocks that start at different moments. Before any of them runs, two questions decide whether a sale can be registered at all: which acquisition rule applies, and whether the unit is open to a foreign buyer. As of 17 October 2026 the numbers depend on the instrument.
Decree-Law 89/2026 (RG 147, 7 August 2026) allows a foreigner three apartments, or six where the buyer’s state recognises the TRNC, while the consolidated Law 52/2008 on mevzuat.gov.ct.tr still shows one, or three for those nationals. The decree lapses about 5 November 2026 unless Parliament enacts it.
The first clock starts on signature. The stamped agreement must be registered at the district Land Registry within a month, and the permit file lodged in the same month, or the contract is void automatically under the decree. The Interior Ministry’s Property Unit list asks for a petition, information forms, an identity copy, a title copy, a location plan and an original police record.
A lawyer or proxy can file. The application fee is half a gross monthly minimum wage, TL 35,446.50 at the wage valid from 1 July 2026 (calculated).
The second clock belongs to the state: neither law sets a time for the Council of Ministers. The developer’s FAQ says 1-2 months for Turkish citizens and 6-8 months for other nationalities, a claim no official source supports, and adds that a power of attorney under TRNC law lets a buyer act from abroad.
The third and fourth clocks start when the permit is published. Transfer fees fall due within 75 working days under the decree (60 in the consolidated text), and the transfer must be signed within a year (six months in the consolidated text). A lapsed permit can be renewed at double fees, and a third application for the same property is refused.
| Step | Who | Typical time | Source |
|---|---|---|---|
| Appoint a lawyer who does not also act for the seller | Buyer | Before any deposit | UK Government guidance |
| Obtain the Land Registry search document for the unit | Lawyer; district Tapu Amirliği | Not specified | Land Registry notice |
| Agree the written contract and pay stamp duty | Buyer; seller; Tax Department | At signature; duty 0.5% of the stated sum | Stamp Duty Law |
| File the stamped contract and the permit application | Buyer, lawyer or proxy; Land Registry; Interior Ministry | Within one month, otherwise void | RG 147 |
| Wait for the Council of Ministers; permit appears in the Resmi Gazete | Council of Ministers | No statutory deadline | Interior Ministry list |
| Pay the transfer fees once the permit is gazetted | Person registering the title | Up to 75 working days (decree) or 60 (consolidated text) | RG 147 |
| Sign the transfer declaration and receive the title (koçan) | Buyer; district Land Registry | Up to 12 months (decree) or 6 (consolidated text) | Law 52/2008 |
| Request water and electricity connections | Local authority; electricity authority | Only after all dues are paid | RG 147 |
Money follows the same order. RG 197 (7 October 2026) sets the Land Registry fee for a foreigner at 4% of the price in total for a first property, 5.5% for a second and 6% for a third, valid to and including 5 January 2027; agency quotations differ.
VAT is 5% on housing up to 300 m² of closed area, and stamp duty is 0.5% of the stated sum. For a wider cost picture, see this site’s article on the cost of buying, building and renting property in North Cyprus.
The Elysium 2 pages state no title-deed category, building permit number or final approval, so each has to be established from registers and not from marketing pages. UK Government guidance on buying in the north says that ownership of many properties is disputed, with thousands of claims from people displaced in 1974, and that a foreign buyer may be refused permission to buy without a reason being given.
It also lists lawyers acting for both vendor and builder among common problems, so the buyer’s lawyer should be independent of the seller.
For the İskele area, a neutral reading in the İskele pack is that pre-1974 Greek Cypriot ownership claims are plausible, since Wikipedia records that Trikomo (İskele) was almost entirely Greek Cypriot before 1974. The pack found no Immovable Property Commission or European Court decision naming Ötüken or İskele town. Title status is project-specific and comes from the deed and the Land Registry, not from an area description.
The Commission reports 8,807 applications lodged and 3,757 concluded as of 2 October 2026, and Law 67/2005 accepts applications until 21 December 2027.
On construction, a 14 February 2023 press report of a statement by the then president of the Cyprus Turkish Chamber of Engineers and Architects says that project approval checks seismic compliance, that supervision is required, that the İskele area has the most sensitive soil, and that ground-investigation reports are required for public buildings, hotels and tall buildings (Yenidüzen).
It is a secondary source, and it gives a reason to ask for the static calculations, the soil report and the supervising engineer’s name for the building concerned.
The legal frame also moves. A contract signed under one text of the acquisition rules can be affected when the decree expires or is enacted, and, as of 17 October 2026, the decree caps sales of housing projects in zoned areas at 80% to foreigners. For background on deed categories, see this site’s article on title deeds in Northern Cyprus.
| What to ask for | Issuing office | Why it matters | Where to verify |
|---|---|---|---|
| Land Registry search document (araştırma belgesi) | Tapu Amirliği of the district where the property is registered | Information-only ownership query; an agency guide says it shows owner, mortgages and restrictions | Land Registry notice, 15 July 2025 |
| Title category and the plot’s pre-1974 history | 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 | Needed before a purchase-permit application; selling without it is an offence | Law 52/2008, art. 8(2) |
| Building permit and final approval certificate | Municipality (urban) or district office (rural) | The Statistical Institute counts only buildings with final approval | Construction bulletin 2025 |
| Static calculations, soil report, supervising engineer | Project author; municipality | Chamber statement on seismic checks and İskele soil | Yenidüzen report |
| Mortgages or a developer loan over the land | Land Registry | UK guidance lists developer mortgages among common problems | UK Government guidance |
| Payment plan written into the contract | Contract; buyer’s lawyer | UK guidance lists plans left out of contracts as a problem | UK Government guidance |
| Purchase permit published in the Resmi Gazete | Interior Ministry; Council of Ministers | Starts the fee and transfer periods | RG 147 |
| Holiday-house registration, if letting | Tourism Planning Department | Required before short lets | Holiday Houses Law |
| Status of Decree-Law 89/2026 | Resmi Gazete; legislation portal | The purchase limits in this guide depend on it | RG 147 |
| Project (Elysium 2 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 | 44-310 |
| Elysium | Ötüken as filed on this site; developer: 850 metres from Long Beach | Studio to 3+1 duplex apartments; 3-bedroom villas | 68-220 |
| Elysium 2 Otuken (this page) | 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 metres 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 |
The table ranks nothing. Elysium 2 shares a filing area with two sister listings: Elysium combines apartments with villas of 220 m², and Infinity lists apartments only, in a 10-storey block and a townhouse block. The Elysium 2 range of 69-187 m² sits inside the 68-220 m² of Elysium, and its top end is 4 m² above Infinity’s 183 m² (calculated). Hillside is the smallest offer listed, at 51-70 m², and Sunrise the largest, at 240-490 m².
Unit counts appear only for Isatis 1 and Isatis 2, and no page of the twelve gives a price, so a cost comparison is not possible. Elysium and Infinity state a distance to Long Beach, while the Elysium 2 page states none. Hillside also prints a rooftop garden beside each size: 33 m² on its 51 m² studio gives 0.65 (calculated), the same ratio as the larger garden of the Elysium 2 studio.
Other listings are on this site’s Northern Cyprus page, and three further listings with Famagusta in their addresses are Sakarya Gardens, Urban Oasis and Aura Gardens, which are not covered here.
Only the developer’s own statements are used in this section. The About page says that Isatis Construction Limited has operated in North Cyprus since its establishment in 2015, and that it builds and sells apartments and villas in Famagusta and Yeniboğaziçi. The page footers describe the group as an engineering and construction company led by experienced engineers.
The About page lists further claims: environmentally friendly materials of high quality, constant contact with customers before and after sales, projects presented to investors from many countries, support at the contract stage and management of the projects it delivers. These are marketing descriptions by the developer, and none was verified here.
The About page names Famagusta and Yeniboğaziçi as its areas and does not mention İskele or Ötüken. The Elysium 2 page names no town either, so the link between this project and Ötüken in this guide rests on the listing’s filing on this site, supported only by the distances to Long Beach that the sister pages for Elysium and Infinity state.
The FAQ page is a general statement on North Cyprus and not on Elysium 2. It is undated and in places at odds with the official texts used above: it gives one property per foreign person, in line with the consolidated 2008 text but not the August decree, and it splits a 4% Land Registry fee equally between seller and buyer, which the pack could not match to RG 197. The official texts prevail.
The developer’s page names no town, street or map point. This site files Elysium 2 Otuken under Ötüken, a ward of İskele municipality near the Long Beach waterfront. Map data place the Long Beach roundabout inside the ward’s mapped boundary, but whether the Elysium 2 plot lies there cannot be tested without its coordinates. A buyer should ask for the plot or parcel number and check it at the district Land Registry.
Seven types, all labelled apartments: a 69 m² studio, a 101 m² 1+1, an 86 m² 1+1 duplex, a 119 m² 2+1, a 130 m² 2+1 duplex and two 3+1 duplexes of 187 m² (Type A) and 161 m² (Type B). Each card also gives bathroom and garden figures. The page does not say whether the size includes the gardens, so the figures are kept as listed.
No. The developer prints no price and no payment plan. This site recorded a reference range of GBP 160,000-299,000 in 2024, and the developer’s pages do not confirm it. A buyer should request a dated written price list that states the currency, the unit type, the floor and what the price includes, and should keep it with the contract file for later comparison.
The Elysium 2 page states no distance. The sister pages put Elysium 850 metres and Infinity 450 metres from Long Beach, but nothing links those figures to this project. For orientation, Ötüken village centre is 2.9 km in a straight line from the Long Beach roundabout, and the ward’s mapped boundary reaches the coast near it, so a plot could be much nearer.
Sixteen: restaurant and bar, coffee shop, barbecue areas, pool bar, central satellite, central generator, sauna, indoor and outdoor pools, kids’ playground, Turkish bath, tennis court, volleyball court, gym, 24-hour security, waste collection and a shuttle service. The page does not say which are built, who operates them or what service charges apply, so each is a question for the seller before any deposit is paid.
As of 17 October 2026, Decree-Law 89/2026 (RG 147, 7 August 2026) allows a foreigner up to three apartments, with a Council of Ministers permit. The consolidated Law 52/2008 text still shows one apartment. The decree’s 90-day validity ends about 5 November 2026 unless Parliament enacts it, so the rule on the signing date decides. As of the same date the decree also caps sales of a housing project in a zoned area at 80% to foreigners.
There is no state hospital in İskele, and the Statistical Yearbook records no in-patient beds in the district for 2020-2024. A Karpaz Hospital is under construction, with the Health Minister promising completion by the end of 2026. Gazimağusa State Hospital is 10.7 km and about 12 minutes by road from the Long Beach roundabout, an estimate that ignores traffic. A buyer who needs regular care should check which services the İskele health centre provides.
Lets of up to 60 days of a unit built as housing fall under the Holiday Houses Law, which requires registration with the Tourism Planning Department, a Registration Certificate and an Operating Permit before letting. Letting without them is an offence punishable by a fine of up to 10 times the gross monthly minimum wage. The developer’s pages offer no rental scheme or yield.
The Income Tax Law withholds 10% of gross rent, which is the final tax for individuals, and where an owner lives abroad without a permanent representative the tenant must withhold it. Renting immovable property carries 0% VAT. The sources reviewed do not say how holiday-house guest income is taxed, so that point needs a TRNC tax adviser’s written position before any plan.
Not automatically. A property-based short-term residence permit exists, and TRNC citizenship needs five years’ residence or an exceptional Council of Ministers decision. UK Government travel advice says the Republic of Cyprus does not recognise residence permits issued in the north. Residence rules changed in 2026, so a buyer should check the current regulation. This site covers the topic in its residency programme guide and its citizenship and immigration article.
Last checked: 17 October 2026. Sources:
This is not legal, tax or financial advice.
