Ready
£2,906per m²Famagusta, TRNC (Northern Cyprus)
Lagoon Verde Residences, photo 1Price from
£121,000≈ $160,329 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£2,743 per m² ≈ $3,635
pricier than 65% of city projects: +15%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 39 - 78 m²
- Bedrooms
- 1 - 2
- Completion
- Q4 2028
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 5%
Price
Is this expensive for the city
$3,635 per m², Famagusta median $3,156
Median $3,156This project $3,635
$884$6,246
+15% vs the city median (Famagusta), sample of 12 projects. pricier than 65% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
A breakdown of this project for your budget and goals
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What it really costs
Payment plan
- 5%Step 1 · On booking$8,016
- 30%Step 2 · On contract$48,099
- 5%Step 3 · Tax$8,016
- 65%Step 4 · Before commissioning$104,214
- Total
- $160,329
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$80,164$341,858
$133$2,451
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $525
- Annual income
- $6,289
- Gross yield
- 5.7%
- Net yield
- 3.9%
- Value in 5 years
- $214,555
- 5-year ROI
- 53%
See calculation details
- Gross annual rent
- $9,063
- Common area fee
- -$1,073
- Tax (10%)
- -$906
- Agent commission
- -$795
- Net annual income
- $6,289
Read moreCollapse
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
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.
Rainfall, mm per monthTemperature, °C
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 2028
- Status
- Under construction
- Area
- 39 - 78 m²
Description
DND Cyprus is building Lagoon Verde Residences in the Famagusta District of Northern Cyprus (TRNC), with completion scheduled for December 2028.
The project is under construction, with one and two bedroom apartments available for purchase at this stage. Sizes range from 39.18 to 78.37 square meters, giving buyers a choice between compact layouts and larger two-bedroom units. Prices start at 121,000 GBP and go up to 215,000 GBP, with a price per square meter of 2,743 GBP. The spread between the smallest and largest units, nearly double in floor area, points to a range built for different household sizes within the same development.
Lagoon Verde Residences sits in Famagusta, within the Famagusta District, in TRNC (Northern Cyprus). The apartments are being sold while construction is underway, ahead of the December 2028 completion date.
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.
Price in your currency
Rate: 1 USD = 0.7547 GBP≈ $160,329Rate as of 2026-10-14
Denominated in GBP - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Famagusta, TRNC (Northern Cyprus)
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