Larnaka - Agios Nikolaos, Larnaca

1-bedroom apartment for sale

1 Bed 1 Bath 53 m² Ref. ER-LCA-3087

EstateRadar AI summary

This 1-bedroom apartment in Larnaka's Agios Nikolaos area is priced at €190,000 (€3,585/m²), approximately 8.8% above the local median of €3,294/m². Our analytics engine—based on 278 comparable sales—estimates a valuation range of €153,970–€207,484 with high confidence, suggesting the asking price sits in the upper portion of fair value. Against a Cyprus national market up 3.4% year-on-year, this represents a modestly premium-positioned entry into the market.

Above area median (+8.8%)High confidence (278 comps)C-grade investment5.1% gross yield

Why EstateRadar AI picked this

Asking price is 8.8% above the area's median €/m², indicating a premium positioning rather than a bargain opportunity.

Valuation range of €153,970–€207,484 places the €190,000 ask within the upper-middle band, supported by a large comparable dataset of 278 sales.

Gross rental yield of 5.1% and C-grade investment profile suggest modest income potential suitable for conservative investors or owner-occupiers.

Located in Agios Nikolaos, Larnaka—an established urban area with typical services and accessibility.

Overview

Internal area

53 m²

Bedrooms

Bathrooms

Reference

ER-LCA-3087

Investment analysis

Monthly rent€808

Annual rent€9,690

Expenses (annual)€2,713

Net income€6,977

ROI

5.1%

Yield

5.1%

Payback

27.2y

EstateRadar preliminary estimate

Estimated value range

€153,970 – €207,484

Confidence: High · 82%278 comparables

Area median€3,294/m²

This property€3,585/m²

vs area median8.8% above

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.

Negotiation insight

Room to negotiate

~8.0%

Recommended offer

€175,000

Deal probability

High 81%

1 days on market · asking is 8.8% above our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

Contemporary property in Larnaka - Agios Nikolaos, Larnaca. 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.

Marketed by 1 Island Estates

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

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