Neo Residence

Famagusta, TRNC (Northern Cyprus)

1 / 14

Price from

≈ $134,165£99,000Rate as of 2026-08-30

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

£2,605 / m²

pricier than 60% of city projects

+16% vs the city median (Famagusta), sample of 21 projects

Write Now

Telegram

Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago

Properties

Condominium

Area

38 - 70 m²

Bedrooms

1

Readiness

Ready

Available

3 of 3

Dry season

Jul, Aug, Jun

Is this expensive for the city

$3,530per m²pricier than 60% of city projects

Median $3,044
$903$8,122

+16% vs the city median (Famagusta), sample of 21 projects

Rate as of 2026-08-30, city data updated 2026-08-30. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

Your entry strategy

Receive a tailored breakdown of this project within 15 minutes

We will walk through realistic returns, the main risks, what is driving growth, and the buying approach that fits your budget.

  • Current developer pricing and unit availability
  • A path to ROI along with exit options
  • Quick response through the messenger app you prefer

Write Now

Your information stays protected and is never passed to third parties

What it really costs

Payment plan

  1. Step 1

    On booking

    5%

    $6,708

  2. Step 2

    On contract

    30%

    $40,249

  3. Step 3

    Tax

    5%

    $6,708

  4. Step 4

    Before commissioning

    65%

    $87,207

Total$134,165

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

$68$2,033

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
40%100%
0%20%
Monthly income

$431

Annual income

$5,177

Gross yield

5.8%

Net yield

3.9%

Value in 5 years

$179,542

5-year ROI

53%

Read more
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
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan13.672
Feb14.041
Mar15.823
Apr18.613
May22.79
Jun27.12
Jul29.91
Aug30.21
Sep28.06
Oct24.415
Nov19.630
Dec15.771

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

Status

Ready

Total units

3

Available

3

Area

38 - 70 m²

Description

Neo Residence in Famagusta consists of a single building with just three units in total, all one bedroom apartments, all available. The project was built by Dörter Construction and is already complete, so there is no waiting period for handover. It falls under the condo property type and sits in the Famagusta District, in Cyprus.

Unit sizes range from 38 to 70 square meters, giving buyers a choice between a smaller and a notably larger layout within the same one bedroom configuration. Prices start at 99,000 GBP and go up to 210,000 GBP, with an average price per square meter of 2,605 GBP. The smaller units sit at the lower end of that price range, the larger ones at the upper end.

With only three units in the whole building, the available inventory is narrow by definition, and at the time of listing all three remain on the market. Neo Residence is suited to buyers looking for a finished, move-in ready property in Famagusta rather than an off-plan purchase, since construction is already complete.

Location

Famagusta, TRNC (Northern Cyprus)

Similar properties

Do not let the best offer pass by

Want to weigh several options before deciding?

We will put together a shortlist of 3-5 comparable projects, looking at entry price, yield profile and liquidity potential.

  • A side-by-side yield comparison of relevant alternatives
  • A risk check before you commit
  • A deal plan built around your own timeline

Write Now

Your information stays protected and is never passed to third parties