Under construction
£1,114per m²Iskele, TRNC (Northern Cyprus)
EVO Park, photo 1Price from
£139,000≈ $183,814 · Rate as of 2026-10-15US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£1,158 per m² ≈ $1,531
cheaper than 90% of city projects: -23%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 102 - 120 m²
- Bedrooms
- 1 - 2
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 40%
Price
Is this expensive for the city
$1,531 per m², Iskele median $1,989
Median $1,989This project $1,531
$1,473$4,667
-23% vs the city median (Iskele), sample of 13 projects. cheaper than 90% of city projects.
Rate as of 2026-10-15, city data updated 2026-10-15. 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
- 40%Step 1 · On contract$73,526
- 5%Step 2 · Tax$9,191
- 60%Step 3 · On transfer$110,288
- Total
- $183,814
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$91,907$284,052
$132$2,777
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
- $625
- Annual income
- $7,501
- Gross yield
- 5.7%
- Net yield
- 4.1%
- Value in 5 years
- $245,984
- 5-year ROI
- 54%
See calculation details
- Gross annual rent
- $10,553
- Common area fee
- -$1,071
- Tax (10%)
- -$1,055
- Agent commission
- -$926
- Net annual income
- $7,501
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 35.3, 33.9. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Status
- Under construction
- Area
- 102 - 120 m²
Description
EVO Construction has EVO Park under construction in Iskele, in the Iskele District of Northern Cyprus. The units on offer range from 102 to 120 square meters, with one or two bedrooms. Prices start at 139,000 British pounds and reach 179,000 British pounds, with a per square meter price of 1,158 British pounds. At this size, the layouts suit buyers looking for more than a compact one-bedroom flat. Construction work is currently underway on site. EVO Construction is named as the developer behind the project in Iskele. The bedroom count stays within one to two throughout the range, so buyers after larger layouts will not find them here. The price span of 139,000 to 179,000 British pounds lines up with the 102 to 120 square meter area range quoted for this project, giving a per square meter figure of 1,158 British pounds across the listed units.
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 = 0.7562 GBP≈ $183,814Rate as of 2026-10-15
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
- Properties for Sale in Iskele, Northen Cyprus in section from the developer from overseas real estate agency Hayat Estate ↗
- North Cyprus Iskele Property for Sale | Villas & Apartments ↗
- Property Prices in Northern Cyprus Over the Last 5 Years: A Detailed Investment Analysis ↗
- North Cyprus House Prices | Villas, Apartments & Investments ↗
- Northern Cyprus Real Estate Market Update - September 2025 ↗
- Why Invest in North Cyprus for Rental Income in 2025? ↗
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