Under construction
£4,280per m²Famagusta, Republic of Cyprus
Olive Court 2, photo 1Price from
£150,000≈ $198,754 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£1,667 per m² ≈ $2,209
cheaper than 75% of city projects: -30%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 90 - 150 m²
- Bedrooms
- 1 - 2
- Completion
- Q4 2024
- Readiness
- Ready
- Dry season
- Jul, Aug, Jun
- First instalment
- 5%
Price
Is this expensive for the city
$2,209 per m², Famagusta median $3,156
Median $3,156This project $2,209
$884$6,246
-30% vs the city median (Famagusta), sample of 12 projects. cheaper than 75% 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
We will go through the price, the payment schedule and what registration and upkeep cost.
- Current price and payment terms for this project
- The full purchase budget: price, registration, upkeep
- A reply in the messenger you choose within one business day
What it really costs
Payment plan
- 5%Step 1 · On booking$9,938
- 30%Step 2 · On contract$59,626
- 5%Step 3 · Tax$9,938
- 65%Step 4 · Before commissioning$129,190
- Total
- $198,754
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$99,377$556,513
$199$2,981
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
- $729
- Annual income
- $8,743
- Gross yield
- 6.1%
- Net yield
- 4.4%
- Value in 5 years
- $265,979
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $12,084
- Common area fee
- -$1,073
- Tax (10%)
- -$1,208
- Agent commission
- -$1,060
- Net annual income
- $8,743
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 2024
- Status
- Ready
- Area
- 90 - 150 m²
Description
Dörter Construction completed Olive Court 2 in December 2024, in the Famagusta District of Northern Cyprus. The project stands in the city of Famagusta.
Units for sale are one and two bedroom apartments ranging from 90 to 150 square meters. The span between the smallest and largest layouts covers both compact one bedroom apartments and larger two bedroom configurations.
Prices run from 150,000 to 350,000 British pounds, with a price per square meter of 1,667 pounds. The gap between the lowest and highest price corresponds to the difference between the smallest and largest unit sizes.
Construction is finished and the project is completed and ready. Buyers can move in without waiting for any further building work, since Olive Court 2 has already passed its 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≈ $198,754Rate as of 2026-10-14
Denominated in GBP - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Famagusta, TRNC (Northern Cyprus)
A shortlist for your goals
Want to weigh several options before deciding?
We will send comparable options with price, area, completion date and payment terms.
- A side-by-side comparison of price and terms
- What to check on the property before signing
- The order of the deal and the cost of registration
Similar
Similar properties
Under construction
£2,249per m²Famagusta, Republic of Cyprus
La Casalia by Dovec
1-3 bedrooms, 42 м²from £154,000≈ $204,055Verified 6 days ago
Under construction
£3,428per m²Famagusta, Republic of Cyprus
Phuket Health & Wellness Resort
1-6 bedrooms, 35 м²from £144,950≈ $192,06352% above the city medianVerified 7 days agoNeed help choosing: Famagusta?
Write to a manager: we reply within a few seconds and send a selection for your budget.