Nicosia - Panagia, Nicosia

3-bedroom villa for sale

3 Bed 3 Bath 167 m² Ref. ER-NIC-4736

EstateRadar AI summary

This 3-bedroom villa in Nicosia–Panagia is listed at €415,000 (€2,485/m²), significantly below the area median of €4,735/m² by approximately 48%. The AI-generated valuation estimates €543,000–€998,285 based on 379 comparable sales, though confidence is Medium; this preliminary estimate suggests potential value, but the wide range and below-median asking price warrant further due diligence.

Well below area medianMedium confidence estimateStrong rental yield potentialA+ investment grade

Why EstateRadar AI picked this

Asking price is 47.5% below the area's median €/m² valuation, indicating substantial downside protection if the property is comparable to recent sales.

Gross rental yield of 7.5% and A+ investment grade suggest strong income potential relative to purchase price.

Valuation based on 379 local comparables; however, the wide range (€543k–€998k) and Medium confidence reflect market variability—recommended for investor review rather than certainty.

Cyprus residential market grew 3.4% year-on-year (Eurostat, Q1 2026), supporting modest capital appreciation tailwinds.

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

4,564 m²

Internal area

167 m²

Bedrooms

Bathrooms

Reference

ER-NIC-4736

Investment analysis

Monthly rent€2,594

Annual rent€31,125

Expenses (annual)€8,715

Net income€22,410

ROI

7.5%

Yield

7.5%

Payback

18.5y

EstateRadar preliminary estimate

Estimated value range

€543,006 – €998,285

Confidence: Medium · 55%379 comparables

Area median€4,735/m²

This property€2,485/m²

vs area median47.5% 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

€407,000

Deal probability

Low 20%

1 days on market · asking is 47.5% below our AI valuation. Estimate only — not financial advice.

Neighborhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

Contemporary property in Nicosia - Panagia, 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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