EstateRadar
SMART SEARCH · RIGHT PROPERTY
Egkomi - Makedonitissa, Nicosia

1-bedroom apartment for sale

1 Bed 1 Bath 50 Ref. ER-NIC-8107
Σύνοψη AI EstateRadar

This 1-bedroom, 50 m² apartment is listed at €175,000 (€3,500/m²), significantly above the Egkomi-Makedonitissa area median of €2,596/m². Our analytics engine estimates a fair value range of €118,072–€148,148 based on 141 comparable sales, suggesting the asking price exceeds the preliminary estimate by roughly 18–48%. Despite high confidence in our comparables sample, this represents a premium positioning in a market growing 3.4% year-on-year at national level.

Above area median (+35%)Premium asking priceHigh confidence estimateSingle-unit project

Why EstateRadar AI picked this

Asking price €27k–€57k above estimated fair value range, indicating significant premium to recent comparable transactions
Property cost per m² is 35% higher than median €2,596/m² for the neighbourhood, despite stable area fundamentals
Gross yield of 4.1% and investment grade D suggest limited rental upside relative to purchase price
High confidence sourced from 141 comparable sales provides robust market context for valuation estimate

Επισκόπηση

· plot from Cyprus Land Registry (DLS)
Έκταση οικοπέδου
527 m²
Εσωτερική επιφάνεια
50 m²
Υπνοδωμάτια
1
Μπάνια
1
Κωδικός
ER-NIC-8107

Επενδυτική ανάλυση

Ενοίκιο/μήνα€598
Ενοίκιο/έτος€7,175
Expenses (annual)€2,009
Καθαρό εισόδημα€5,166
ROI
4.1%
Απόδοση
4.1%
Απόσβεση
33.9y

Προκαταρκτική εκτίμηση EstateRadar

Estimated value range
€118,072€148,148
Confidence: High · 88%141 comparables
Διάμεσος περιοχής€2,596/m²
Αυτό το ακίνητο€3,500/m²
vs area median34.8% 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.

Ανάλυση διαπραγμάτευσης

Room to negotiate
~8.0%
Recommended offer
€161,000
Deal probability
High 92%

1 days on market · asking is 34.8% above our AI valuation. Estimate only — not financial advice.

Γειτονιά

· AI area estimate
Walk
72
Schools
78
Quiet
65
Sea
22

Τοποθεσία

· approximate area
Approximate location

Distances from OpenStreetMap · approximate.

Περιγραφή

Nestled in the heart of Nicosia's sought-after Egkomi and Makedonitissa area, this modern apartment offers a carefully designed living space that balances simplicity, elegance and natural light. The thoughtfully appointed residence provides a contemporary sanctuary ideal for professionals or investors seeking a prime location in the capital's established residential quarter.

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

Παρόμοια ακίνητα