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North Cyprus Market Trends

North Cyprus Property Market Trends

Historical data and projections for property prices, tourism, and investment activity

2025 Market Overview

+12%
Price Growth (YoY)
2.1M
Annual Tourists
100K
University Students
8.5%
Avg. Rental Yield

Average Property Prices (2019-2025)

£180K
£150K
£120K
£90K
£60K
£30K
2019 2020 2021 2022 2023 2024 2025
Kyrenia
Iskele
Famagusta
Esentepe

Tourism Growth (2019-2025)

2.4M
2.0M
1.6M
1.2M
0.8M
0.4M
2019 2020 2021 2022 2023 2024 2025

Average Rental Yields (2019-2025)

10%
8%
6%
4%
2%
0%
2019 2020 2021 2022 2023 2024 2025

Property Sales Volume by Location (2024)

1,240
Kyrenia
1,380
Famagusta
1,090
Iskele
650
Esentepe
510
Catalkoy
800
Other

Data Sources: Market trends based on data from local estate agents, property registries, and tourism statistics. Property prices represent average 2-bedroom apartment values. Tourism figures from North Cyprus Tourism Ministry. Yields calculated from actual rental income data across multiple properties. 2025 figures are projections based on current trends.