Strovolos - Acropolis, Nicosia

2-bedroom apartment for sale

2 Bed 2 Bath 83 m² Ref. ER-NIC-1878

EstateRadar AI summary

This 2-bedroom apartment in Strovolos - Acropolis is asking €210,000 (€2,530/m²), slightly below the area median of €2,596/m² by 2.5%. The AI estimates a fair value range of €196,000–€245,926 with high confidence, based on 141 comparable sales. Against the national market (up 3.4% year-on-year per Eurostat), this represents a preliminary market-rate offering rather than a compelling discount.

Slight discount to area medianHigh confidence estimateC-grade investment5.7% gross yield

Why EstateRadar AI picked this

Asking price is 2.5% below area median €/m², offering modest undervalue in a liquid market

High confidence valuation supported by 141 comparable transactions in the immediate area

Gross rental yield of 5.7% provides modest income potential, though C-grade investment rating suggests limited capital upside

Located in Strovolos-Acropolis, an established central Nicosia neighbourhood with baseline walkability and services

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

312 m²

Internal area

83 m²

Bedrooms

Bathrooms

Reference

ER-NIC-1878

Investment analysis

Monthly rent€998

Annual rent€11,970

Expenses (annual)€3,352

Net income€8,618

ROI

5.7%

Yield

5.7%

Payback

24.4y

EstateRadar preliminary estimate

Estimated value range

€196,000 – €245,926

Confidence: High · 88%141 comparables

Area median€2,596/m²

This property€2,530/m²

vs area median2.5% 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.

Negotiation insight

Room to negotiate

~2.0%

Recommended offer

€206,000

Deal probability

Low 38%

1 days on market · asking is 2.5% below 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 Strovolos - Acropolis, 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.

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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