EstateRadar
SMART SEARCH · RIGHT PROPERTY
Lakatameia - Agios Nikolaos, Nicosia

3-bedroom apartment for sale

3 Bed 3 Bath 165 Ref. ER-NIC-7584
Rossi your property expert
I already analyzed this property — here's what stands out.
Take: Strong 7.1% 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 Lakatameia–Agios Nikolaos is priced at €333,000 (€2,018/m²), approximately 22% below the area median of €2,596/m². Our analytics engine estimates fair value between €389,640 and €488,890, based on 141 comparables with high confidence. The asking price represents a preliminary attractive positioning in a market that has appreciated 3.4% year-on-year nationally.

Below area medianHigh confidenceStrong rental yield

Why EstateRadar AI picked this

Asking price is 22% below the local median €/m², suggesting potential value opportunity
Gross yield of 7.1% and investment grade A indicate solid rental income prospects
High-confidence valuation based on 141 recent comparable sales in the area

Overview

Internal area
165 m²
Bedrooms
3
Bathrooms
3
Reference
ER-NIC-7584

Investment analysis

Monthly rent€1,970
Annual rent€23,643
Expenses (annual)€6,620
Net income€17,023
ROI
7.1%
Yield
7.1%
Payback
19.6y

EstateRadar preliminary estimate

Estimated value range
€389,639€488,889
Confidence: High · 88%141 comparables
Area median€2,596/m²
This property€2,018/m²
vs area median22.3% 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
€326,000
Deal probability
Low 20%

1 days on market · asking is 22.3% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
62
Schools
70
Quiet
68
Sea
35

Location

· approximate area
Approximate location
Around this property
School708 m
~9 min walk
Kindergarten855 m
~11 min walk
Supermarket1902 m
XDrive Express Kiosk · ~24 min walk
Pharmacy634 m
~8 min walk
Hospital3395 m
Lakatameia Medical Centre · ~42 min walk
Restaurant1564 m
Meta Typoe · ~20 min walk
Café499 m
~6 min walk
Park2488 m
~31 min walk
Gym2184 m
Evolve · ~27 min walk
Bus stop664 m
Σχολικό λεωφορίο · ~8 min walk

Approximate, straight-line distances from OpenStreetMap.

Description

Contemporary property in Lakatameia - Agios Nikolaos, 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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