For Sale Apartment

2-Bedroom Apartment for Sale in Latsia

Latsia, Nicosia, Cyprus

€130,000 €1,413 per m²
  • 2Bedrooms
  • 1Bathroom
  • 92m² covered
  • ApartmentType
  • Estates-25419Reference

About this property

Two-bedroom flat in an attractive location in the Archangel Michael Quarter, in the Municipality of Latsia in the District of Nicosia. It is located on the busy Archbishop Makarios III Avenue, approximately 700 meters southeast of the Latsia Town Hall and about 1.5 km east of the Nicosia-Limassol highway.

The property is located near all necessary services and amenities. It offers excellent access to the highway and the entry to Nicosia.

The flat with door number 304 (No. 1) was built around 1979. It is located on the 3rd floor of the building and consists of an open plan living/dining/kitchen area, guest toilet, a bathub with a toilet, two bedrooms, and covered verandas.

According to the title deed, the flat has exclusive use of parking space no. 6 on the ground floor of the building.

The flat has a covered area of approximately 92 sq. m., and the covered verandas are approximately 14 sq. m.

The flat is vacant and is suitable for owner-occupancy or for rental with a good return.

The flat has a separate title deed.

Details

Reference
Estates-25419
Type
Apartment
Status
For Sale
Price
€130,000
Bedrooms
2
Bathrooms
1
Size
92 m²
District
Nicosia
Listed
14 November 2026

Features

  • Air Conditioning
  • Covered Parking

The figures

Worked out from this listing and the others on the site today.

  • 45% under the middle asking price per m²

    Against 74 2-bedroom apartments for sale in Nicosia listed here today. Their middle asking price per m² is €2,561; this one is €1,413. Asking prices, not prices paid: condition, view and finish are not counted.

    Prices in Nicosia

  • Similar homes are advertised to rent at about €888 a month

    The middle asking rent of 170 like it in Nicosia. At this price that is 8.2% a year before costs, tax and empty months.

    Work out the return

  • About €446 a month with a mortgage

    On a loan of €91,000 (a 30% deposit of €39,000), repaid over 25 years at 3.3%. An illustration: your bank sets the rate and what it will lend.

    Change the figures

  • About €2,400 in transfer fees

    If it is a resale bought in one name; two buyers, half each, pay about €1,950. A new property sold with VAT pays VAT instead of transfer fees. There is no stamp duty since 2026. An estimate from the official scale.

    Work out the costs

Where it is

Latsia, Nicosia, Cyprus

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