At market level
median 1,209 €/m² for comparable properties
78,228 € 1,241 €/m²
Rent covers ~ 83% of the payment
~ 287 €/mo rent · you top up ~ 60 €/mo
Sale118,000 €1,092 €/m²
Expected rent287 € /mo
AT MARKET LEVEL
fairly priced
against the median for 4-room apartments in Varosha (16 properties)
Area
108 m²
Floor
4 / 4
Construction
Brick
Year
1920
Yield analysis
Low investment rating
Monthly payment524 €20% down payment · 20 yrs · 3%
Expected rent287 €at market conditions for the neighbourhood
The rent covers 55% of the payment — you top up about 237 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 34 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 5.6% · 7,000 €
- 125,000 €
- 118,000 €▼ 7,000 € (5.6%)
Property analysis
This apartment is priced at the typical price (the median) for 4-room apartments in Varosha (16 properties) — 1,092 €/m² against 1,100 €/m².
With 20% down over 20 years the monthly mortgage payment is about 524 €, against an expected local rent of 287 €. The rent covers 55% of it.
The asking price has fallen by 7,000 € (5.6%) since it was first listed.
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 330 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1920 — about 106 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 4 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Transition
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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