İskele (Trikomo)
The Gateway to the Karpaz Peninsula

İskele, known in Greek as Trikomo, is a town located in the North-Eastern Mesaoria region of Cyprus. It is under the control of Northern Cyprus and serves as the administrative center of the İskele District. The town has a rich history and is strategically located, making it a significant hub in the region.

Historical Significance:

Before the Turkish invasion of Cyprus in 1974, Trikomo was predominantly inhabited by Greek Cypriots. Post the conflict, Turkish Cypriots from the Skala neighborhood of Larnaca settled in the village, renaming it “Yeni İskele” (meaning “New İskele”), which was later shortened to İskele.

Modern İskele:

Today, İskele is a bustling town known for its cultural events, especially the İskele Festival, which is the oldest annual festival in Cyprus. The festival celebrates the town’s cultural heritage with dance, music, sports tournaments, and more.

Real Estate in İskele 2023:

(Note: The following statistics are based on general knowledge and estimations as specific real estate data for İskele in 2023 was not available.)

  1. Average Property Prices:

    • Apartments: Estimated at around €1,200 to €2,500 per square meter.
    • Houses: Estimated at around €2,000 to €3,500 per square meter.
    • Villas: Estimated at around €2,500 to €4,500 per square meter.
  2. Rental Prices:

    • Apartments: Estimated monthly rent ranges between €500 and €1,000.
    • Houses: Estimated monthly rent is between €800 to €1,800.
    • Villas: Estimated monthly rent ranges from €1,500 to €3,000.
  3. Market Trends:

    • İskele’s real estate market has been growing steadily, especially with the development of new residential and commercial projects.
    • The proximity to the Karpaz Peninsula, a popular tourist destination, boosts the demand for rental properties.
  4. Factors Influencing the Market:

    • Tourism: The town’s location as a gateway to the Karpaz Peninsula makes it a strategic point for tourism-related real estate investments.
    • Cultural Significance: Events like the İskele Festival attract visitors, boosting the demand for short-term rentals.
  5. Future Predictions:

    • The real estate market in İskele is expected to see steady growth, driven by tourism and local developments.
    • The town’s strategic location and cultural significance will continue to make it an attractive destination for both local and foreign investors.

Conclusion:

İskele, with its rich history and strategic location, offers a blend of cultural significance and modern amenities. Its proximity to popular tourist destinations and its vibrant local culture make it a prime spot for real estate investments. Whether you’re looking for a residential property or a commercial space, İskele provides a range of options to cater to diverse needs.

Investment Opportunities in Iskele

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