E-Volve

Iskele, TRNC (Northern Cyprus)

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Price from

≈ $158,287£116,800Rate as of 2026-08-30

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

£1,229 / m²

cheaper than 75% of city projects

-26% vs the city median (Iskele), sample of 20 projects

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

Properties

Penthouse

Area

95 - 100 m²

Bedrooms

Readiness

Under construction

Available

4 of 4

Dry season

Jul, Aug, Jun

First instalment

40%

Properties

Penthouse

Area

95 - 100 m²

Bedrooms

Readiness

Under construction

Available

4 of 4

Dry season

Jul, Aug, Jun

First instalment

40%

Is this expensive for the city

$1,666per m²cheaper than 75% of city projects

Median $2,244

$1,508$4,777

-26% vs the city median (Iskele), sample of 20 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

Step 1
On contract
40%
$63,315
Step 2
Tax
5%
$7,914
Step 3
Before commissioning
60%
$94,972

Total$158,287

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

ROI Calculator

Purchase price: $158,287

Monthly rent: $813

$136$2,439

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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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$537

Annual income

$6,432

Gross yield

5.9%

Net yield

4.1%

Value in 5 years

$211,824

5-year ROI

54%

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

Monthly climate normal: temperature and rainfall
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 35.3, 33.9. This is a multi-year normal, not a weather forecast.

About the project

Properties

Penthouse

Status

Under construction

Total units

Available

Area

95 - 100 m²

Properties

Penthouse

Status

Under construction

Total units

Available

Area

95 - 100 m²

Description

EVO Construction is building E-Volve as a single block of four one-bedroom penthouses in Iskele, Cyprus. All four units remain available, so buyers are choosing from the full original set rather than what is left over.

Unit sizes run from 95 to 100 square meters. Prices start at GBP 116,800 and go up to GBP 179,800, with an average price per square meter of GBP 1,229. The building is currently under construction.

The project sits in the Iskele District, in the city of Iskele, Cyprus. With only one building and four units total, E-Volve is a small-scale development rather than a large residential complex.

No further details on layouts, amenities, or completion dates are listed for this project beyond what is stated above.

Location

Iskele, TRNC (Northern Cyprus)

Market context

Apartment price growth

15-20%

Villa price growth (under‑construction)

up to 35%

Gross rental yield

5-7%

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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