At market level
median 1,209 €/m² for comparable properties
78,228 € 1,241 €/m²
Rent covers ~ 82% of the payment
~ 286 €/mo rent · you top up ~ 61 €/mo
Sale130,000 €1,756 €/m²
Expected rent286 € /mo
~41,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Varosha (24 properties)
Area
74 m²
Floor
3 / 7
Construction
Brick
Year
2010
Yield analysis
Low investment rating
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent286 €at market conditions for the neighbourhood
The rent covers 50% of the payment — you top up about 291 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 38 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 41,000 € above the typical price (the median) for 3-room apartments in Varosha (24 properties) — 1,756 €/m² against 1,200 €/m².
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 286 €. The rent covers 50% of it.
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,209 €/m² for comparable properties
85,000 € 1,231 €/m²
Rent covers ~ 76% of the payment
~ 286 €/mo rent · you top up ~ 91 €/mo
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median 1,100 €/m² for comparable properties
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Rent covers ~ 50% of the payment
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At market level
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At market level
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At market level
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At market level
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