Olive Court 2

Famagusta, TRNC (Northern Cyprus)

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Price from

≈ $198,255£150,000Rate as of 2026-10-13

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

£1,667 / m²

cheaper than 75% of city projects

-30% 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

90 - 150 m²

Bedrooms

1 - 2

Completion

Q4 2024

Readiness

Ready

Dry season

Jul, Aug, Jun

Is this expensive for the city

$2,203per m²cheaper than 75% of city projects

Median $3,152
$883$6,239

-30% 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%

    $9,913

  2. Step 2

    On contract

    30%

    $59,477

  3. Step 3

    Tax

    5%

    $9,913

  4. Step 4

    Before commissioning

    65%

    $128,866

Total$198,255

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

ROI Calculator

$198$2,974

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

$727

Annual income

$8,721

Gross yield

6.1%

Net yield

4.4%

Value in 5 years

$265,311

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: 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 2024

Status

Ready

Area

90 - 150 m²

Description

Dörter Construction completed Olive Court 2 in December 2024, in the Famagusta District of Northern Cyprus. The project stands in the city of Famagusta.

Units for sale are one and two bedroom apartments ranging from 90 to 150 square meters. The span between the smallest and largest layouts covers both compact one bedroom apartments and larger two bedroom configurations.

Prices run from 150,000 to 350,000 British pounds, with a price per square meter of 1,667 pounds. The gap between the lowest and highest price corresponds to the difference between the smallest and largest unit sizes.

Construction is finished and the project is completed and ready. Buyers can move in without waiting for any further building work, since Olive Court 2 has already passed its 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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