Nicosia - Sopaz, Nicosia

2-bedroom apartment for sale

2 Bed 2 Bath 84 m² Ref. ER-NIC-7037

EstateRadar AI summary

This 2-bedroom apartment in Nicosia's Sopaz area is listed at €190,000 (€2,262/m²), approximately 13% below the area median of €2,596/m². Our preliminary estimate based on 141 comparables places fair value between €198,361–€248,889, suggesting the asking price is at the lower end of the range. High-confidence valuation against a national market up 3.4% year-on-year (Eurostat, Q1 2026).

Below area medianHigh confidenceB-grade investment6.3% gross yield

Why EstateRadar AI picked this

Asking price 12.87% below local median: €2,262/m² vs €2,596/m², offering entry-level pricing in the area

Gross rental yield of 6.3% with B-grade investment rating indicates moderate income potential for buy-to-let

141 comparables analysed provide high-confidence valuation; fair-value range €198k–€249k leaves upside if rented or resold near median

Overview

Internal area

84 m²

Bedrooms

Bathrooms

Reference

ER-NIC-7037

Investment analysis

Monthly rent€998

Annual rent€11,970

Expenses (annual)€3,352

Net income€8,618

ROI

6.3%

Yield

6.3%

Payback

22.0y

EstateRadar preliminary estimate

Estimated value range

€198,361 – €248,889

Confidence: High · 88%141 comparables

Area median€2,596/m²

This property€2,262/m²

vs area median12.9% 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

€186,000

Deal probability

Low 20%

1 days on market · asking is 12.9% 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 Nicosia - Sopaz, 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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