SUNSHINE

Iskele, TRNC (Northern Cyprus)

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Price from

≈ $151,996£115,000Rate as of 2026-10-13

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

£1,114 / m²

cheaper than 100% of city projects

-26% 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

72 - 202 m²

Bedrooms

1 - 3

Completion

Q4 2026

Readiness

Under construction

Dry season

Jul, Aug, Jun

Is this expensive for the city

$1,472per m²cheaper than 100% of city projects

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

-26% 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

    Tax

    5%

    $7,600

  2. Step 2

    Before commissioning

    60%

    $91,197

  3. Step 3

    After transfer

    40%

    $60,798

Total$151,996

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

ROI Calculator

$132$2,313

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

5.9%

Net yield

4.1%

Value in 5 years

$203,405

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

Completion

Q4 2026

Status

Under construction

Area

72 - 202 m²

Description

Yüksel Demir İnşaat is building SUNSHINE in Iskele District, in the city of Iskele, TRNC (Northern Cyprus). The project is under construction, with completion scheduled for December 2026.

Units available range from one to three bedrooms, with areas from 72 to 202 square meters. That spread covers everything from compact layouts to larger apartments suited to bigger households.

Prices start at 115,000 and go up to 225,000 British pounds, with a price per square meter of 1,114 GBP. The lower end of the range corresponds to the one-bedroom layouts, while the higher end reaches the largest three-bedroom apartments.

Construction is carried out by Yüksel Demir İnşaat, with the building due for completion in December 2026. The project sits in Iskele, within Iskele District, in Northern Cyprus (TRNC).

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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