Iskele, Republic of Cyprus
Price from
≈ $165,191£125,000Rate as of 2026-10-08
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
£1,582 / m²
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Data verified Oct 7, 2026price source: developer partner networkupdated 0 days ago
Properties
Condominium
Area
79 - 130 m²
Bedrooms
1 - 2
Completion
Q4 2026
Readiness
Under construction
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
79 - 130 m²
Bedrooms
1 - 2
Completion
Q4 2026
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What it really costs
Payment plan
Step 1
On booking
5%$8,260
Step 2
On contract
30%$49,557
Step 3
Tax
5%$8,260
Step 4
Before commissioning
65%$107,374
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$523
$6,272
5.5%
3.8%
$221,063
53%
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When is the season here
Driest months: Jul, Aug, Jun
Wettest months: Jan, Dec, Feb
Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 13.6 | 72 |
| Feb | 14.0 | 41 |
| Mar | 15.8 | 23 |
| Apr | 18.6 | 13 |
| May | 22.7 | 9 |
| Jun | 27.1 | 2 |
| Jul | 29.9 | 1 |
| Aug | 30.2 | 1 |
| Sep | 28.0 | 6 |
| Oct | 24.4 | 15 |
| Nov | 19.6 | 30 |
| Dec | 15.7 | 71 |
Source: NASA POWER, climate normal (2001-2020). Grid node 35.2, 33.9. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Completion
Q4 2026
Status
Under construction
Area
79 - 130 m²
Properties
Condominium
Completion
Q4 2026
Status
Under construction
Area
79 - 130 m²
Description
Isatis Construction is building Elysium 2 in the Iskele District of Northern Cyprus, in the city of Iskele. The project is under construction, with completion set for October 2026. Units range from one to two bedrooms, with areas spanning 79 to 130 square meters, giving buyers a choice between a compact one-bedroom layout and a larger two-bedroom plan.
Prices start at 125,000 British pounds and reach up to 234,000 pounds, with a price per square meter of 1,582 pounds. The gap between the lowest and highest prices lines up with the difference in area between the smallest and largest units on offer.
The development sits within the Iskele District, in TRNC (Northern Cyprus). Construction is ongoing at this stage, and units can be purchased now ahead of the scheduled handover in October 2026.
This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.
Location
Iskele, Republic of Cyprus
Market context
Apartment price growth
15-20%
Villa price growth (under‑construction)
up to 35%
Gross rental yield
5-7%
Studio apartment price
€70,000
Sea‑view villa price (lower bound)
€200,000
Iskele’s residential market continues to show strong price appreciation, with ready‑made apartments rising about 15‑20% annually and under‑construction villas climbing up to 35% per year, reflecting sustained demand from foreign investors and developers. Rental demand remains robust, driven by seasonal tourism and a growing expatriate community, supporting gross yields of 5‑7% on residential units. The combination of low entry prices, tax‑friendly policies and streamlined purchase procedures keeps Iskele attractive to overseas buyers seeking affordable Mediterranean property.
Sources (6) · updated 21/08/2026
- Properties for Sale in Iskele, Northen Cyprus in section from the developer from overseas real estate agency Hayat Estate
- North Cyprus Iskele Property for Sale | Villas & Apartments
- Property Prices in Northern Cyprus Over the Last 5 Years: A Detailed Investment Analysis
- North Cyprus House Prices | Villas, Apartments & Investments
- Northern Cyprus Real Estate Market Update - September 2025
- Why Invest in North Cyprus for Rental Income in 2025?
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