Under construction
£1,114per m²Iskele, TRNC (Northern Cyprus)
Ardem Elegance, photo 1Price from
£84,000≈ $111,303 · Rate as of 2026-10-14US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.£940 per m² ≈ $1,246
Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 60 - 250 m²
- Bedrooms
- 1 - 3
- Completion
- Q3 2027
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 30%
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
- 30%Step 1 · On booking$33,391
- 5%Step 2 · Tax$5,565
- 40%Step 3 · Before commissioning$44,521
- 30%Step 4 · On transfer$33,391
- Total
- $111,303
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$55,651$373,658
$66$1,723
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
- $319
- Annual income
- $3,835
- Gross yield
- 5.4%
- Net yield
- 3.4%
- Value in 5 years
- $148,948
- 5-year ROI
- 51%
See calculation details
- Gross annual rent
- $6,042
- Common area fee
- -$1,073
- Tax (10%)
- -$604
- Agent commission
- -$530
- Net annual income
- $3,835
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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 | 10.6 | 83 |
| Feb | 11.2 | 51 |
| Mar | 13.6 | 28 |
| Apr | 17.2 | 14 |
| May | 22.0 | 10 |
| Jun | 27.0 | 2 |
| Jul | 30.0 | 0 |
| Aug | 29.9 | 1 |
| Sep | 26.8 | 6 |
| Oct | 22.3 | 20 |
| Nov | 16.8 | 38 |
| Dec | 12.6 | 85 |
Source: NASA POWER, climate normal (2001-2020). Grid node 35.2, 33.3. This is a multi-year normal, not a weather forecast.
About the project
- Properties
- Condominium
- Completion
- Q3 2027
- Status
- Under construction
- Area
- 60 - 250 m²
Description
Ardem Construction is building Ardem Elegance in Nicosia, Northern Cyprus, with completion set for July 2027. The project is currently under construction.
The apartments on offer range from one to three bedrooms, with sizes spanning 60 to 250 square meters, covering both compact layouts and larger multi-bedroom units.
Prices start at 84,000 GBP and go up to 235,000 GBP, with a price per square meter of 940 GBP. This spread in price and area means buyers can choose between smaller, entry-level apartments and considerably larger ones within the same development.
With completion scheduled for July 2027, the project is still some way from being finished, giving buyers a window to select a unit by bedroom count and floor area within the ranges stated above. Ardem Construction is the developer behind the build in Nicosia.
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≈ $111,303Rate as of 2026-10-14
Denominated in GBP - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Nicosia, TRNC (Northern Cyprus)
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