Iskele, TRNC (Northern Cyprus)
Price from
≈ $247,323£182,500Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
£1,452 / m²
-12% vs the city median (Iskele), sample of 20 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
83 - 205 m²
Bedrooms
1 - 4
Readiness
Under construction
Available
9 of 9
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
83 - 205 m²
Bedrooms
1 - 4
Readiness
Under construction
Is this expensive for the city
$1,968per m²cheaper than 60% of city projects
-12% vs the city median (Iskele), sample of 20 projects
Rate as of 2026-08-30, city data updated 2026-08-30. 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 contract
30%$74,197
Step 2
Tax
5%$12,366
Step 3
Before commissioning
30%$74,197
Step 4
After transfer
40%$98,929
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$850
$10,197
5.6%
4.1%
$330,974
54%
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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.
| 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, 34.0. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
9
Available
9
Area
83 - 205 m²
Properties
Condominium
Status
Under construction
Total units
9
Available
9
Area
83 - 205 m²
Description
Four buildings make up La Palazzo, a condo development under construction in Iskele, Cyprus, built by Noyanlar Group of Companies. The project totals nine units, all of which remain available.
Unit sizes range from 82.5 to 205 square meters, with layouts spanning one to four bedrooms. Prices start at 182,500 GBP and go up to 570,000 GBP, with a price per square meter of 2,212 GBP. With all nine units still available, buyers have the full range of layouts and sizes to choose from.
La Palazzo sits in the Iskele District region of Cyprus. The development is currently under construction.
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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