Iskele, TRNC (Northern Cyprus)
Price from
≈ $396,511£300,000Rate as of 2026-10-13
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
£3,529 / m²
+134% vs the city median (Iskele), sample of 13 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago
Properties
Condominium
Area
80 - 85 m²
Bedrooms
1
Completion
Q4 2024
Readiness
Ready
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
80 - 85 m²
Bedrooms
1
Completion
Q4 2024
Is this expensive for the city
$4,664per m²pricier than 100% of city projects
+134% vs the city median (Iskele), sample of 13 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.
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What it really costs
Payment plan
Step 1
On booking
5%$19,826
Step 2
On contract
30%$118,953
Step 3
Tax
5%$19,826
Step 4
Before commissioning
65%$257,732
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$1,441
$17,288
5.7%
4.4%
$530,621
56%
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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.
Show monthly table
| Month | Temperature, °C | Rainfall, mm |
|---|---|---|
| Jan | 14.2 | 75 |
| Feb | 14.4 | 48 |
| Mar | 16.1 | 29 |
| Apr | 18.5 | 17 |
| May | 22.3 | 14 |
| Jun | 26.4 | 4 |
| Jul | 29.5 | 1 |
| Aug | 30.0 | 1 |
| Sep | 28.0 | 10 |
| Oct | 24.6 | 24 |
| Nov | 20.1 | 42 |
| Dec | 16.2 | 83 |
Source: NASA POWER, climate normal (2001-2020). Grid node 35.3, 33.9. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Completion
Q4 2024
Status
Ready
Area
80 - 85 m²
Properties
Condominium
Completion
Q4 2024
Status
Ready
Area
80 - 85 m²
Description
McKenzie Residence 2 stands completed and ready in Iskele, in the Iskele District of Northern Cyprus (TRNC), finished in December 2024. The developer, Dörter Construction, built one-bedroom apartments ranging from 80 to 85 square meters. Pricing starts at 300,000 British pounds, with a price per square meter from 3,529 British pounds. Each apartment exceeds 80 square meters, giving the one-bedroom layout generous living space.
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
Iskele, TRNC (Northern Cyprus)
Market context
Apartment price growth
15-20%
Villa price growth (under‑construction)
up to 35%
Gross rental yield
5-7%
Studio apartment price
€70,000
Sea‑view villa price (lower bound)
€200,000
Iskele’s residential market continues to show strong price appreciation, with ready‑made apartments rising about 15‑20% annually and under‑construction villas climbing up to 35% per year, reflecting sustained demand from foreign investors and developers. Rental demand remains robust, driven by seasonal tourism and a growing expatriate community, supporting gross yields of 5‑7% on residential units. The combination of low entry prices, tax‑friendly policies and streamlined purchase procedures keeps Iskele attractive to overseas buyers seeking affordable Mediterranean property.
Sources (6) · updated 21/08/2026
- Properties for Sale in Iskele, Northen Cyprus in section from the developer from overseas real estate agency Hayat Estate
- North Cyprus Iskele Property for Sale | Villas & Apartments
- Property Prices in Northern Cyprus Over the Last 5 Years: A Detailed Investment Analysis
- North Cyprus House Prices | Villas, Apartments & Investments
- Northern Cyprus Real Estate Market Update - September 2025
- Why Invest in North Cyprus for Rental Income in 2025?
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