Ready
£3,176per m²Famagusta, TRNC (Northern Cyprus)
Mykonos Homes, photo 1Price from
£495,000≈ $655,890 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£3,472 per m² ≈ $4,601
pricier than 80% of city projects: +46%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 116 - 683 m²
- Bedrooms
- 2 - 5
- Completion
- Q2 2024
- Readiness
- Ready
- Dry season
- Jul, Aug, Jun
- First instalment
- 50%
Price
Is this expensive for the city
$4,601 per m², Famagusta median $3,156
Median $3,156This project $4,601
$884$6,246
+46% vs the city median (Famagusta), sample of 12 projects. pricier than 80% 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
- 50%Step 1 · On contract$327,945
- 50%Step 2 · Before commissioning$327,945
- Total
- 100% · $655,890
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$327,945$3,975,089
$596$9,871
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
- $2,467
- Annual income
- $29,601
- Gross yield
- 5.8%
- Net yield
- 4.5%
- Value in 5 years
- $877,729
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $37,763
- Common area fee
- -$1,073
- Tax (10%)
- -$3,776
- Agent commission
- -$3,313
- Net annual income
- $29,601
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: Dec, Jan, 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 | 14.2 | 75 |
| Feb | 14.4 | 48 |
| Mar | 16.1 | 29 |
| Apr | 18.5 | 17 |
| May | 22.3 | 14 |
| Jun | 26.4 | 4 |
| Jul | 29.5 | 1 |
| Aug | 30.0 | 1 |
| Sep | 28.0 | 10 |
| Oct | 24.6 | 24 |
| Nov | 20.1 | 42 |
| Dec | 16.2 | 83 |
Source: NASA POWER, climate normal (2001-2020). Grid node 35.4, 33.6. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q2 2024
- Status
- Ready
- Area
- 116 - 683 m²
Description
Cyprus Constructions completed Mykonos Homes in Famagusta, in the Famagusta District of Northern Cyprus, in June 2024. The condos range from 116 to 683 square meters, with 2 to 5 bedrooms, so the range spans compact units and larger multi-bedroom layouts. Prices start at 495,000 British pounds and reach 2,500,000 pounds, with a price per square meter from 3,472 pounds. Since the project is already completed, a buyer takes possession without waiting for construction to finish.
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≈ $655,890Rate 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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