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Under construction

E-Volve

Iskele, TRNC (Northern Cyprus)
E-Volve, photo 1E-Volve, photo 1

Price from

£116,800≈ $154,763 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

£1,229 per m² ≈ $1,628

cheaper than 75% of city projects: -18%
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Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Penthouse
Area
95 - 100 m²
Bedrooms
1
Completion
Q2 2028
Readiness
Under construction
Dry season
Jul, Aug, Jun
First instalment
40%

Price

Is this expensive for the city

$1,628 per m², Iskele median $1,993

$1,476$4,676

-18% vs the city median (Iskele), sample of 13 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.

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The cost of this project

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What it really costs

Payment plan

  1. 40%Step 1 · On contract$61,905
  2. 5%Step 2 · Tax$7,738
  3. 60%Step 3 · Before commissioning$92,858
Total
$154,763

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

ROI Calculator

$77,382$285,888
$133$2,385

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
$525
Annual income
$6,289
Gross yield
5.9%
Net yield
4.1%
Value in 5 years
$207,109
5-year ROI
54%
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

  • Jan
  • Feb
  • Mar
  • Apr
  • May
  • Jun
  • Jul
  • Aug
  • Sep
  • Oct
  • Nov
  • Dec
Show monthly table
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan14.275
Feb14.448
Mar16.129
Apr18.517
May22.314
Jun26.44
Jul29.51
Aug30.01
Sep28.010
Oct24.624
Nov20.142
Dec16.283

Source: NASA POWER, climate normal (2001-2020). Grid node 35.3, 33.9. This is a multi-year normal, not a weather forecast.

About the project

Properties
Penthouse
Completion
Q2 2028
Status
Under construction
Area
95 - 100 m²

Description

E-Volve is under construction in Iskele, within Iskele District, in Northern Cyprus (TRNC). The developer is EVO Construction, and completion is set for April 2028.

The project offers one-bedroom penthouses ranging from 95 to 100 square meters. Prices start at 116,800 GBP and reach up to 179,800 GBP, with a price per square meter from 1,229 GBP.

At 95 square meters and above, the one-bedroom layouts allow for separate living and kitchen areas alongside the bedroom.

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≈ $154,763Rate as of 2026-10-14

Denominated in GBP - a natural hedge against a weakening USD.

Sources: exchangerate-api.com

Location

Iskele, TRNC (Northern Cyprus)

Market context

Apartment price growth15-20%
Villa price growth (under‑construction)up to 35%
Gross rental yield5-7%
Studio apartment price€70,000
Sea‑view villa price (lower bound)€200,000

Iskele’s residential market continues to show strong price appreciation, with ready‑made apartments rising about 15‑20% annually and under‑construction villas climbing up to 35% per year, reflecting sustained demand from foreign investors and developers. Rental demand remains robust, driven by seasonal tourism and a growing expatriate community, supporting gross yields of 5‑7% on residential units. The combination of low entry prices, tax‑friendly policies and streamlined purchase procedures keeps Iskele attractive to overseas buyers seeking affordable Mediterranean property.

Sources (6) · updated 21/08/2026

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