Ready
£1,268per m²Iskele, TRNC (Northern Cyprus)
Sparda Villas, photo 1Price from
£396,000≈ $524,712 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£2,158 per m² ≈ $2,859
cheaper than 60% of city projects: -9%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Villa
- Area
- 180 - 204 m²
- Bedrooms
- 3
- Completion
- Q1 2024
- Readiness
- Ready
- Dry season
- Jul, Aug, Jun
- First instalment
- 35%
Price
Is this expensive for the city
$2,859 per m², Famagusta median $3,156
Median $3,156This project $2,859
$884$6,246
-9% vs the city median (Famagusta), sample of 12 projects. cheaper than 60% 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
- 35%Step 1 · On contract$183,649
- 5%Step 2 · Tax$26,236
- 45%Step 3 · Before commissioning$236,120
- 20%Step 4 · After transfer$104,942
- Total
- $524,712
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$262,356$700,013
$464$7,884
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
- $1,956
- Annual income
- $23,466
- Gross yield
- 5.8%
- Net yield
- 4.5%
- Value in 5 years
- $702,182
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $30,211
- Common area fee
- -$1,073
- Tax (10%)
- -$3,021
- Agent commission
- -$2,650
- Net annual income
- $23,466
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
- Villa
- Completion
- Q1 2024
- Status
- Ready
- Area
- 180 - 204 m²
Description
Sparda Villas sits in Famagusta, Northern Cyprus, in the Famagusta District, built by Panah Construction. The project is completed and ready, with completion recorded in February 2024.
The villas range from 180 to 204 square meters and come with 3 bedrooms each. Prices start at GBP 396,000 and go up to GBP 440,250, with a price per square meter of GBP 2,158.
At 180 to 204 square meters, the 3-bedroom layouts allow for distinct living and sleeping areas rather than a compact plan. Because the project is already completed and ready, buyers are looking at a finished property rather than a construction timeline.
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≈ $524,712Rate 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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