Iskele, TRNC (Northern Cyprus)
Price from
≈ $155,848£115,000Rate as of 2026-08-30
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
£1,114 / m²
-33% 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
72 - 202 m²
Bedrooms
1 - 3
Readiness
Under construction
Available
19 of 19
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
72 - 202 m²
Bedrooms
1 - 3
Readiness
Under construction
Is this expensive for the city
$1,510per m²cheaper than 100% of city projects
-33% 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
Tax
5%$7,792
Step 2
Before commissioning
60%$93,509
Step 3
After transfer
40%$62,339
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$537
$6,432
5.9%
4.1%
$208,559
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, 33.9. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
19
Available
19
Area
72 - 202 m²
Properties
Condominium
Status
Under construction
Total units
19
Available
19
Area
72 - 202 m²
Description
Five buildings and 19 units make up SUNSHINE, a condo development under construction in Iskele, Cyprus. The developer is Yüksel Demir İnşaat. Unit sizes range from 72 to 202 square meters, with layouts covering 1, 2, and 3 bedrooms.
Prices start at GBP 115,000 and go up to GBP 225,000, with a price per square meter of GBP 1,597. All 19 units are currently available, so buyers can still choose from the full range of layouts and floor areas across the five buildings.
The project sits in Iskele District, Cyprus. Construction is ongoing, and the development's structure across five separate buildings spreads the 19 units over the site rather than concentrating them in a single block.
For buyers looking at property in Cyprus, SUNSHINE currently offers everything from one-bedroom to three-bedroom layouts within one development, with sizes spanning from 72 up to 202 square meters to suit different space requirements.
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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