EstateRadar
SMART SEARCH · RIGHT PROPERTY
Kokkinotrimithia, Nicosia

3-bedroom apartment for sale

3 Bed 3 Bath 155 Ref. ER-NIC-5816
Rossi your AI assistant
I already analyzed this property — here's what stands out.
Take: Strong 8.0% projected yield · room for a family.

If you're buying to invest, this is one I'd move on — the numbers stack up.

AI Score
EstateRadar AI summary

This 3-bedroom, 155 m² apartment in Kokkinotrimithia is offered at €279,000 (€1,800/m²), significantly below the area median of €2,596/m² — a 30.7% discount. Our analytics engine estimates a valuation range of €366,024–€459,259 based on 141 comparable properties, with High confidence. Against Cyprus's national housing market growth of 3.4% year-on-year (Eurostat, Q1 2026), this represents a preliminary estimate reflecting current market conditions.

30% below area medianHigh confidence valuationStrong rental yield (8%)Investment Grade A+

Why EstateRadar AI picked this

Asking price of €1,800/m² sits well below the area's median €2,596/m², suggesting potential upside if the valuation holds.
Gross rental yield of 8.0% and A+ investment grade indicate solid income-generation prospects relative to purchase price.
Valuation is based on 141 comparable transactions, providing robust statistical support for the €366k–€459k range.
Current asking price stands against a backdrop of steady national market appreciation (3.4% YoY), supporting longer-term recovery potential.

Overview

· plot from Cyprus Land Registry (DLS)
Plot area
538 m²
Internal area
155 m²
Bedrooms
3
Bathrooms
3
Reference
ER-NIC-5816

Investment analysis

Monthly rent€1,860
Annual rent€22,320
Expenses (annual)€6,250
Net income€16,070
ROI
8.0%
Yield
8.0%
Payback
17.4y

EstateRadar preliminary estimate

Estimated value range
€366,024€459,259
Confidence: High · 88%141 comparables
Area median€2,596/m²
This property€1,800/m²
vs area median30.7% 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
~2.1%
Recommended offer
€273,000
Deal probability
Low 20%

2 days on market · asking is 30.7% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
62
Schools
68
Quiet
71
Sea
35

Location

· approximate area
Approximate location

Description

Contemporary property in Kokkinotrimithia, 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.

1 Island Estates
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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