Latsia - Archangelos Michail, Nicosia

3-bedroom apartment for sale

3 Bed 3 Bath 175 m² Ref. ER-NIC-1109

Rossi your property expert

I already analyzed this property — here's what stands out.

Take: Strong 7.0% projected yield · room for a family.

“Rental demand here is solid — I'd expect it to let quickly.”

AI Score

EstateRadar AI summary

This 3-bedroom apartment in Latsia–Archangelos Michail is estimated at €413,253–€518,519 (High confidence, 141 comparables), significantly below the area median of €2,596/m² at €2,057/m². The asking price of €360,000 represents a 20.76% discount to the area median, suggesting potential value in a market rising 3.4% year-on-year nationally.

20% below area medianHigh confidence valuationStrong rental yield potentialA-grade investment

Why EstateRadar AI picked this

Per-m² price of €2,057 is substantially below the local median of €2,596, indicating undervaluation relative to comparable sales

Gross yield of 7.0% with A-grade investment rating signals strong income potential and risk-adjusted returns

Asking price sits near the lower bound of the estimated range, offering entry-level positioning in an appreciating market

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

528 m²

Internal area

175 m²

Bedrooms

Bathrooms

Reference

ER-NIC-1109

Investment analysis

Monthly rent€2,100

Annual rent€25,200

Expenses (annual)€7,056

Net income€18,144

ROI

7.0%

Yield

7.0%

Payback

19.8y

EstateRadar preliminary estimate

Estimated value range

€413,253 – €518,519

Confidence: High · 88%141 comparables

Area median€2,596/m²

This property€2,057/m²

vs area median20.8% 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

€353,000

Deal probability

Low 20%

1 days on market · asking is 20.8% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School634 m

Β Δημοτικό Σχολείο Λατσιών · ~8 min walk

Kindergarten547 m

ΝΗΠΙΑΓΩΓΕΙΟ ΛΑΤΣΙΩΝ Β΄ · ~7 min walk

Supermarket432 m

Ακης · ~5 min walk

Pharmacy777 m

Πητερ · ~10 min walk

Hospital895 m

Κέντρο Υγείας Λατσιών · ~11 min walk

Restaurant702 m

Bona Vita Restaurant · ~9 min walk

Café524 m

Xapfiari · ~7 min walk

Park151 m

~2 min walk

Gym981 m

Fitness Lim · ~12 min walk

Bus stop454 m

Dimokratias - Panagioti Georgiadi · ~6 min walk · 4 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

Contemporary property in Latsia - Archangelos Michail, 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.

Similar properties

from €360,000

1–3-bedroom apartments for sale

Akrotiri, Limassol

ROI 4.8%

from €360,000

2-bedroom apartments for sale

Panthea, Limassol

ROI 8.0%

from €365,000

2-bedroom apartments for sale

Chlorakas, Paphos

ROI 6.3%