Iskele, TRNC (Northern Cyprus)
Price from
≈ $113,837£84,000Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
£1,504 / m²
-9% 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
Condominium
Area
36 - 125 m²
Bedrooms
1 - 2
Readiness
Under construction
Available
6 of 6
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
36 - 125 m²
Bedrooms
1 - 2
Readiness
Under construction
Is this expensive for the city
$2,038per m²cheaper than 60% of city projects
-9% 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
35%$39,843
Step 2
Tax
5%$5,692
Step 3
On transfer
35%$39,843
Step 4
After transfer
30%$34,151
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
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$327
$3,922
5.4%
3.4%
$152,339
51%
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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.
| 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
Total units
6
Available
6
Area
36 - 125 m²
Properties
Condominium
Status
Under construction
Total units
6
Available
6
Area
36 - 125 m²
Description
Six units across two buildings make up Ocean Life Residence, a condo development under construction in Iskele, Cyprus, built by Noyanlar Group of Companies. All six units remain available, covering the full range of layouts the project offers.
Units come with one or two bedrooms, with sizes running from 36 to 125 square meters. That spread covers compact one-bedroom layouts as well as larger two-bedroom units within the same development.
Prices start at 84,000 GBP and reach 210,500 GBP, working out to 2,333 GBP per square meter. With all 6 of the 6 units still on the market, buyers have the complete set of sizes and configurations to choose from rather than a narrowed selection.
The development sits in Iskele District, in the city of Iskele, Cyprus.
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
- 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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