Ready
£2,523per m²Kyrenia, TRNC (Northern Cyprus)
The Hive Villas, photo 1Price from
£598,000≈ $792,368 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£1,961 per m² ≈ $2,598
cheaper than 50% of city projects: 0%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Villa
- Area
- 305 m²
- Bedrooms
- 4
- Completion
- Q3 2024
- Readiness
- Ready
- Dry season
- Jul, Aug, Jun
- First instalment
- 5%
Price
Is this expensive for the city
$2,598 per m², Kyrenia median $2,598
Median $2,598This project $2,598
$1,223$9,193
0% vs the city median (Kyrenia), sample of 15 projects. cheaper than 50% 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.
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
- 5%Step 1 · On booking$39,618
- 30%Step 2 · On contract$237,710
- 5%Step 3 · Tax$39,618
- 65%Step 4 · Before commissioning$515,039
- Total
- $792,368
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$396,184$1,074,864
$729$11,925
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
- $2,979
- Annual income
- $35,736
- Gross yield
- 5.7%
- Net yield
- 4.5%
- Value in 5 years
- $1,060,367
- 5-year ROI
- 56%
See calculation details
- Gross annual rent
- $45,316
- Common area fee
- -$1,073
- Tax (10%)
- -$4,532
- Agent commission
- -$3,975
- Net annual income
- $35,736
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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 | 85 |
| Feb | 14.4 | 57 |
| Mar | 15.9 | 33 |
| Apr | 18.0 | 21 |
| May | 21.5 | 16 |
| Jun | 25.1 | 5 |
| Jul | 28.2 | 2 |
| Aug | 28.9 | 2 |
| Sep | 27.2 | 14 |
| Oct | 24.2 | 35 |
| Nov | 20.0 | 51 |
| Dec | 16.2 | 99 |
Source: NASA POWER, climate normal (2001-2020). Grid node 35.3, 33.4. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Villa
- Completion
- Q3 2024
- Status
- Ready
- Area
- 305 m²
Description
The Hive Villas sits in the Kyrenia District of Northern Cyprus (TRNC), in the city of Kyrenia, completed and ready since August 2024. The developer is Omağ Development. The villas come with four bedrooms and a fixed area of 305 square meters. Prices range from 598,000 to 676,000 GBP, with the price per square meter starting at 1,961 GBP. The 305 square meter layout accommodates four bedrooms alongside generous living space. Because the project is already completed, a buyer takes possession without waiting on a construction timeline. The development is located in the Kyrenia District.
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≈ $792,368Rate 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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