Mykonos Homes

Famagusta, TRNC (Northern Cyprus)

1 / 10

Price from

≈ $654,243£495,000Rate as of 2026-10-13

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

£3,472 / m²

pricier than 80% of city projects

+46% 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

116 - 683 m²

Bedrooms

2 - 5

Completion

Q2 2024

Readiness

Ready

Dry season

Jul, Aug, Jun

Is this expensive for the city

$4,589per m²pricier than 80% of city projects

Median $3,152
$883$6,239

+46% 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

A breakdown of this project for your budget and goals

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What it really costs

Payment plan

  1. Step 1

    On contract

    50%

    $327,121

  2. Step 2

    Before commissioning

    50%

    $327,121

Total100%$654,243

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

ROI Calculator

$595$9,847

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

$2,461

Annual income

$29,527

Gross yield

5.8%

Net yield

4.5%

Value in 5 years

$875,525

5-year ROI

56%

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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
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan14.275
Feb14.448
Mar16.129
Apr18.517
May22.314
Jun26.44
Jul29.51
Aug30.01
Sep28.010
Oct24.624
Nov20.142
Dec16.283

Source: NASA POWER, climate normal (2001-2020). Grid node 35.4, 33.6. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q2 2024

Status

Ready

Area

116 - 683 m²

Description

Cyprus Constructions completed Mykonos Homes in Famagusta, in the Famagusta District of Northern Cyprus, in June 2024. The condos range from 116 to 683 square meters, with 2 to 5 bedrooms, so the range spans compact units and larger multi-bedroom layouts. Prices start at 495,000 British pounds and reach 2,500,000 pounds, with a price per square meter from 3,472 pounds. Since the project is already completed, a buyer takes possession without waiting for construction to finish.

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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