Latsia - Archangelos Michail, Nicosia

2-bedroom apartment for sale

2 Bed 2 Bath 81 m² Ref. ER-NIC-4718

EstateRadar KI-Zusammenfassung

This 2-bedroom apartment in Latsia, Nicosia is estimated at €191,277–€240,000 (high confidence, 141 comparables), with the €210,000 asking price almost exactly aligned to the area median of €2,596/m² (€2,593/m² here, −0.14% variance). The property offers modest rental yield of 5.5% against a Cyprus market up 3.4% year-on-year, though its C-grade investment profile suggests moderate, not standout, appeal.

Area median parityHigh confidence estimateModest rental yieldC-grade investment

Why EstateRadar AI picked this

Asking price sits precisely at area median per m², indicating fair market positioning with no overvaluation premium

Strong valuation confidence from 141 comparable sales supports the €191k–€240k range

Gross yield of 5.5% provides steady income but is not exceptional for the Cyprus rental market

Überblick

· plot from Cyprus Land Registry (DLS)

Grundstücksfläche

526 m²

Innenfläche

81 m²

Schlafzimmer

Badezimmer

Referenz

ER-NIC-4718

Investitionsanalyse

Miete/Monat€963

Miete/Jahr€11,550

Expenses (annual)€3,234

Nettoeinkommen€8,316

ROI

5.5%

Rendite

5.5%

Amortisation

25.3y

EstateRadar vorläufige Schätzung

Estimated value range

€191,277 – €240,000

Confidence: High · 88%141 comparables

Median der Gegend€2,596/m²

Diese Immobilie€2,593/m²

vs area median0.1% below

Cyprus market +3.4% YoYnational house-price index · Eurostat · 2026-Q1

EstateRadar preliminary estimate · sources: EstateRadar listings, Eurostat HPI · 2026-08-01. Based on comparable asking prices, not official transaction data. Not a valuation by a licensed surveyor.

Verhandlungsanalyse

Room to negotiate

~2.0%

Recommended offer

€206,000

Deal probability

Low 45%

1 days on market · asking is 0.1% below our AI valuation. Estimate only — not financial advice.

Umgebung

· AI area estimate

Walk

Schools

Quiet

Sea

Lage

· approximate area

Distances from OpenStreetMap · approximate.

Beschreibung

Contemporary property in Latsia - Archangelos Michail, Nicosia. Modern architecture with quality finishes, energy-efficient construction and well-planned living space — a strong choice for both living and buy-to-let. Contact 1 Island Estates for full details, floor plans and current availability.

Angeboten von 1 Island Estates

EstateRadar is a technology platform, not an agency. This listing is handled by 1 Island Estates.