Riverside Life Residence

Iskele, TRNC (Northern Cyprus)

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Price from

≈ $122,918£93,000Rate as of 2026-10-13

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

£1,241 / m²

cheaper than 75% of city projects

-18% 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

35 - 145 m²

Bedrooms

1 - 2

Readiness

Ready

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$1,640per m²cheaper than 75% of city projects

Median $1,990
$1,474$4,670

-18% 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.

The cost of this project

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What it really costs

Payment plan

  1. Step 1

    On contract

    30%

    $36,875

  2. Step 2

    Tax

    5%

    $6,146

  3. Step 3

    On transfer

    30%

    $36,875

  4. Step 4

    After transfer

    40%

    $49,167

Total$122,918

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

ROI Calculator

$66$1,850

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

$420

Annual income

$5,049

Gross yield

6.1%

Net yield

4.1%

Value in 5 years

$164,492

5-year ROI

54%

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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 35.3, 33.9. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Status

Ready

Area

35 - 145 m²

Description

Noyanlar Group of Companies completed Riverside Life Residence in Iskele, Northern Cyprus, and the project is ready. It sits within Iskele District.

Apartments with one or two bedrooms are available, ranging in size from 35 to 145 square meters. Prices start at 93,000 British pounds and reach up to 340,000 British pounds, with a price per square meter of 1,241 British pounds.

The size range spans compact one-bedroom units starting at 35 square meters to larger two-bedroom layouts reaching 145 square meters, giving buyers a choice between different formats within the same development. Because construction is already finished, there is no waiting period before the property can be used.

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.

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