Under construction
£2,743per m²Famagusta, TRNC (Northern Cyprus)
Pearl Island Homes, photo 1Price from
£124,950≈ $165,562 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£2,906 per m² ≈ $3,851
pricier than 70% of city projects: +22%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 43 m²
- Bedrooms
- 1
- Completion
- Q4 2022
- Readiness
- Ready
- Dry season
- Jul, Aug, Jun
- First instalment
- 50%
Price
Is this expensive for the city
$3,851 per m², Famagusta median $3,156
Median $3,156This project $3,851
$884$6,246
+22% vs the city median (Famagusta), sample of 12 projects. pricier than 70% 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$82,781
- 5%Step 2 · Tax$8,279
- 50%Step 3 · On transfer$82,781
- Total
- $165,562
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$82,781$198,675
$133$2,518
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
- 5.5%
- Net yield
- 3.8%
- Value in 5 years
- $221,560
- 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: 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
- Q4 2022
- Status
- Ready
- Area
- 43 m²
Description
Pearl Island Homes is a condo project in Famagusta, Northern Cyprus, developed by Cyprus Constructions. Construction finished in December 2022, and the project is completed and ready.
The units on offer are one-bedroom apartments of 43 square meters, priced at 124,950 British pounds, which works out to 2,906 pounds per square meter. At this size, the layout covers one bedroom plus a living area, suited to compact living.
The project sits in the Famagusta District, in the city of Famagusta. With completion dated December 2022, the apartments are finished and ready for occupancy.
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≈ $165,562Rate 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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