Olive Court 2

Famagusta, TRNC (Northern Cyprus)

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Price from

≈ $203,280£150,000Rate as of 2026-08-30

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

£1,667 / m²

cheaper than 75% of city projects

-26% vs the city median (Famagusta), sample of 21 projects

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

Properties

Condominium

Area

90 - 150 m²

Bedrooms

1 - 2

Readiness

Ready

Available

2 of 2

Dry season

Jul, Aug, Jun

Is this expensive for the city

$2,259per m²cheaper than 75% of city projects

Median $3,044
$903$8,122

-26% 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.

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What it really costs

Payment plan

  1. Step 1

    On booking

    5%

    $10,164

  2. Step 2

    On contract

    30%

    $60,984

  3. Step 3

    Tax

    5%

    $10,164

  4. Step 4

    Before commissioning

    65%

    $132,132

Total$203,280

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

ROI Calculator

$203$3,049

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$745

Annual income

$8,942

Gross yield

6.1%

Net yield

4.4%

Value in 5 years

$272,034

5-year ROI

56%

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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

2

Available

2

Area

90 - 150 m²

Description

Only two units make up Olive Court 2 in Famagusta, and both remain available. The building was completed by Dörter Construction and stands ready now, with no construction timeline left to track. The complex sits in the Famagusta District and consists of a single building. Unit sizes range from 90 to 150 square meters, with layouts covering one and two bedroom configurations. Prices start at 150,000 and reach 350,000 British pounds, with an average price per square meter of 1,667 pounds. Because the project holds just two units and both are still on the market, a buyer can choose between the two layout options without the risk of the preferred size being already sold. The property type is condo, meaning ownership includes a share in the shared elements of the single building. Olive Court 2 suits buyers looking for a completed home in Cyprus, in the Famagusta area, without waiting on a building schedule. All figures on size, price, and unit count reflect the current state of the listing and are not subject to further interpretation.

Location

Famagusta, TRNC (Northern Cyprus)

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