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Karmi Valley Homes

Price from

£550,000≈ $728,766 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

£2,523 per m² ≈ $3,343

pricier than 75% of city projects: +29%

Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago

Properties
Villa
Area
218 - 350 m²
Bedrooms
4
Completion
Q2 2023
Readiness
Ready
Dry season
Jul, Aug, Jun
First instalment
30%

Price

Is this expensive for the city

$3,343 per m², Kyrenia median $2,598

$1,223$9,193

+29% vs the city median (Kyrenia), sample of 15 projects. pricier 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. 30%Step 1 · On booking$218,630
  2. 5%Step 2 · Tax$36,438
  3. 40%Step 3 · Before commissioning$291,507
  4. 30%Step 4 · On transfer$218,630
Total
$728,766

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

ROI Calculator

$364,383$1,550,285
$729$10,931

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
$2,773
Annual income
$33,282
Gross yield
5.8%
Net yield
4.6%
Value in 5 years
$975,254
5-year ROI
57%
See calculation details
Gross annual rent
$42,295
Common area fee
-$1,073
Tax (10%)
-$4,229
Agent commission
-$3,710
Net annual income
$33,282
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
Jan14.285
Feb14.457
Mar15.933
Apr18.021
May21.516
Jun25.15
Jul28.22
Aug28.92
Sep27.214
Oct24.235
Nov20.051
Dec16.299

Source: NASA POWER, climate normal (2001-2020). Grid node 35.3, 33.3. This is a multi-year normal, not a weather forecast.

About the project

Properties
Villa
Completion
Q2 2023
Status
Ready
Area
218 - 350 m²

Description

Ardem Construction completed Karmi Valley Homes in April 2023, so the villas in Kyrenia District, Northern Cyprus (TRNC) are ready for move in now.

Each villa has 4 bedrooms, with living area ranging from 218 to 350 square meters. That size range covers everything from a compact family layout to a considerably larger home with more room for separate living and service spaces.

Prices start at 550,000 GBP and go up to 975,000 GBP, with a price per square meter of 2,523 GBP. The spread reflects the area range: the smallest 218 sqm villa sits toward the lower end, the largest at 350 sqm toward the upper end.

The project is located in Kyrenia, within Kyrenia District, in Northern Cyprus (TRNC). The developer is Ardem Construction.

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≈ $728,766Rate as of 2026-10-14

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

Sources: exchangerate-api.com

Location

Kyrenia, TRNC (Northern Cyprus)

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