Lagoon Verde Residences

Famagusta, TRNC (Northern Cyprus)

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Price from

≈ $159,926£121,000Rate as of 2026-10-13

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

£2,743 / m²

pricier than 65% of city projects

+15% vs the city median (Famagusta), sample of 12 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

39 - 78 m²

Bedrooms

1 - 2

Completion

Q4 2028

Readiness

Under construction

Dry season

Jul, Aug, Jun

Is this expensive for the city

$3,625per m²pricier than 65% of city projects

Median $3,152
$883$6,239

+15% vs the city median (Famagusta), sample of 12 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

  1. Step 1

    On booking

    5%

    $7,996

  2. Step 2

    On contract

    30%

    $47,978

  3. Step 3

    Tax

    5%

    $7,996

  4. Step 4

    Before commissioning

    65%

    $103,952

Total$159,926

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

ROI Calculator

$132$2,445

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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40%100%
0%20%
Monthly income

$523

Annual income

$6,273

Gross yield

5.7%

Net yield

3.9%

Value in 5 years

$214,017

5-year ROI

53%

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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: Jan, Dec, 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
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan13.672
Feb14.041
Mar15.823
Apr18.613
May22.79
Jun27.12
Jul29.91
Aug30.21
Sep28.06
Oct24.415
Nov19.630
Dec15.771

Source: NASA POWER, climate normal (2001-2020). Grid node 35.2, 33.9. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q4 2028

Status

Under construction

Area

39 - 78 m²

Description

DND Cyprus is building Lagoon Verde Residences in the Famagusta District of Northern Cyprus (TRNC), with completion scheduled for December 2028.

The project is under construction, with one and two bedroom apartments available for purchase at this stage. Sizes range from 39.18 to 78.37 square meters, giving buyers a choice between compact layouts and larger two-bedroom units. Prices start at 121,000 GBP and go up to 215,000 GBP, with a price per square meter of 2,743 GBP. The spread between the smallest and largest units, nearly double in floor area, points to a range built for different household sizes within the same development.

Lagoon Verde Residences sits in Famagusta, within the Famagusta District, in TRNC (Northern Cyprus). The apartments are being sold while construction is underway, ahead of the December 2028 completion date.

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.

Location

Famagusta, TRNC (Northern Cyprus)

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