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North Cyprus Rental Yield Comparison

North Cyprus Rental Yield Comparison

Compare rental yields across locations, property types, and international markets

Average Yields by Location

Famagusta
8-10%
9.0%
Kyrenia
7-8%
7.5%
Iskele
6-8%
7.0%
Esentepe
6-7%
6.5%
Catalkoy
6-7%
6.5%

Average Yields by Property Type

Villa with Pool
7-9%
8.0%
2-Bed Apartment
7-8%
7.5%
1-Bed Apartment
6-8%
7.0%
Studio (Student)
6-7%
6.5%

North Cyprus vs Other Markets

North Cyprus
7-10%
8.5%
South Cyprus
4-5%
4.5%
UK Average
3-4%
3.5%
Spain (Coast)
4-5%
4.5%
Portugal (Algarve)
4-6%
5.0%

Yields by Rental Strategy

Vacation Rental
8-10%
9.0%
Student Rental
7-9%
8.0%
Long-term Rental
6-8%
7.0%
Seasonal premium (90-95% occupancy)
Year-round demand (80-85% occupancy)
Stable income (85-90% occupancy)

Detailed Location Comparison

LocationAvg. Property PriceMonthly RentGross YieldBest For
Famagusta£55,000 – £85,000£320 – £6008-10%Student accommodation
Kyrenia£120,000 – £180,000£700 – £9007-8%Premium expat rentals
Iskele (Long Beach)£80,000 – £150,000£550 – £8006-8%Vacation & long-term mix
Esentepe£100,000 – £140,000£550 – £6506-7%Sea view appreciation play
Catalkoy£90,000 – £120,000£500 – £6506-7%Village lifestyle seekers

Property Type Performance Analysis

Property TypeEntry PriceTarget MarketOccupancyYield Range
Villa with Pool£200,000 – £350,000Luxury vacation, expats90-95%7-9%
2-Bedroom Apartment£80,000 – £140,000Families, expats, vacation85-90%7-8%
1-Bedroom Apartment£60,000 – £90,000Students, young professionals85-90%6-8%
Studio Apartment£45,000 – £60,000Students80-85%6-7%

Note: Yields shown are gross yields before expenses. Net yields typically run 2-3% lower after management fees, taxes, insurance, and maintenance. Villas with pools achieve highest occupancy rates (90-95%) due to strong vacation rental demand and premium positioning. Studio apartments, while having lower occupancy (80-85%), offer affordable entry points. 2-bedroom apartments provide the best balance of occupancy and yield for most investors.