Pearl Island Homes

Famagusta, TRNC (Northern Cyprus)

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Price from

≈ $165,147£124,950Rate as of 2026-10-13

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

£2,906 / m²

pricier than 70% of city projects

+22% 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

43 m²

Bedrooms

1

Completion

Q4 2022

Readiness

Ready

Dry season

Jul, Aug, Jun

Is this expensive for the city

$3,841per m²pricier than 70% of city projects

Median $3,152
$883$6,239

+22% 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 contract

    50%

    $82,573

  2. Step 2

    Tax

    5%

    $8,258

  3. Step 3

    On transfer

    50%

    $82,573

Total$165,147

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

ROI Calculator

$132$2,511

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

5.5%

Net yield

3.8%

Value in 5 years

$221,003

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: 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

Q4 2022

Status

Ready

Area

43 m²

Description

Pearl Island Homes is a condo project in Famagusta, Northern Cyprus, developed by Cyprus Constructions. Construction finished in December 2022, and the project is completed and ready.

The units on offer are one-bedroom apartments of 43 square meters, priced at 124,950 British pounds, which works out to 2,906 pounds per square meter. At this size, the layout covers one bedroom plus a living area, suited to compact living.

The project sits in the Famagusta District, in the city of Famagusta. With completion dated December 2022, the apartments are finished and ready for occupancy.

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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