Nicosia - Kaimakli, Nicosia

1-bedroom apartment for sale

1 Bed 1 Bath 53 m² Ref. ER-NIC-2203

EstateRadar KI-Zusammenfassung

This 1-bedroom apartment in Nicosia's Kaimakli area is listed at €147,000 (€2,774/m²), sitting 6.8% above the area median of €2,596/m². The preliminary estimate range is €125,157–€157,037, based on 141 comparables with high confidence. Against Cyprus's national market, which is up 3.4% year-on-year (Eurostat Q1 2026), the property shows moderate pricing but a modest 5.2% gross yield.

Above area medianHigh confidence valuationGrade C investmentModest rental yield

Why EstateRadar AI picked this

Asking price exceeds area median by 6.8%, suggesting slightly premium positioning for a small unit in a central location

Gross yield of 5.2% is modest; investors typically seek 6–7%+ for this asset class in Cyprus

Investment grade C reflects modest growth potential and rental appeal; better suited for owner-occupiers than yield-focused buyers

141 comparables provide solid statistical backing for the €125k–€157k range, indicating stable local market data

Überblick

· plot from Cyprus Land Registry (DLS)

Plot area

513 m²

Internal area

53 m²

Bedrooms

Bathrooms

Reference

ER-NIC-2203

Investitionsanalyse

Monthly rent€637

Annual rent€7,644

Expenses (annual)€2,140

Net income€5,504

ROI

5.2%

Yield

5.2%

Payback

26.7y

EstateRadar vorläufige Schätzung

Estimated value range

€125,157 – €157,037

Confidence: High · 88%141 comparables

Area median€2,596/m²

This property€2,774/m²

vs area median6.8% 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.

Verhandlungsanalyse

Room to negotiate

~8.0%

Recommended offer

€135,000

Deal probability

High 73%

1 days on market · asking is 6.8% above 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 Nicosia - Kaimakli, 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.