EstateRadar
SMART SEARCH · RIGHT PROPERTY
Chloraka, Paphos

2-bedroom penthouse for sale

2 Bed 2 Bath 82 Ref. ER-PAF-3975
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AI-Score
EstateRadar KI-Zusammenfassung

This 2-bedroom, 82 m² penthouse in Chloraka is valued at €370,085–€476,681 (medium confidence, 13 comparables). The asking price of €403,000 sits 3.7% below the area median of €5,105/m² — a modest discount that reflects solid market positioning. Against Cyprus's 3.4% year-on-year housing growth, this preliminary estimate suggests fair relative value, though the below-area-median pricing warrants caution before treating it as a clear bargain.

Below area median (−3.7%)Medium confidence valuationSea-adjacent locationInvestment Grade C

Why EstateRadar AI picked this

Asking price €403,000 sits within the computed range (€370k–€477k) and 3.7% below area median per m², offering modest downside protection.
Gross yield of 5.4% and Investment Grade C reflect moderate rental income potential, suitable for conservative income-focused investors.
Penthouse in gated Mediterranean resort with communal pools, clubhouse and direct coastal proximity appeals to holiday rental and lifestyle buyers.
Below-area-median per-m² pricing aligns with Cyprus's steady 3.4% HPI growth, supporting medium-term stabilization.

Überblick

· plot from Cyprus Land Registry (DLS)
Grundstücksfläche
40,206 m²
Innenfläche
82 m²
Schlafzimmer
2
Badezimmer
2
Referenz
ER-PAF-3975

Investitionsanalyse

Miete/Monat€1,814
Miete/Jahr€21,762
Expenses (annual)€6,093
Nettoeinkommen€15,669
ROI
5.4%
Rendite
5.4%
Amortisation
25.7y

EstateRadar vorläufige Schätzung

Estimated value range
€370,085€476,681
Confidence: Medium · 68%13 comparables
Median der Gegend€5,105/m²
Diese Immobilie€4,915/m²
vs area median3.7% 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.

Verhandlungsanalyse

Room to negotiate
~2.1%
Recommended offer
€395,000
Deal probability
Low 35%

2 days on market · asking is 3.7% below our AI valuation. Estimate only — not financial advice.

Umgebung

· AI area estimate
Walk
72
Schools
55
Quiet
68
Sea
82

Lage

· approximate area
Approximate location
In der Umgebung
Schule642 m
Δημοτικό Σχολείο Χλώρακα - Αγίου Νικολάου · ~8 Min zu Fuß
Kindergarten914 m
Παιδικός Πλανήτης · ~11 Min zu Fuß
Supermarkt362 m
Mini Supermarket · ~5 Min zu Fuß · 3 in 500 m
Apotheke457 m
Eleni & Rafaela Pharmacy · ~6 Min zu Fuß · 2 in 500 m
Krankenhaus1675 m
St George Clinic · ~21 Min zu Fuß
Strand1466 m
Vrexi Beach · ~18 Min zu Fuß
Restaurant401 m
Lava Tavern · ~5 Min zu Fuß
Café516 m
Coffee Island · ~6 Min zu Fuß
Park162 m
~2 Min zu Fuß · 3 in 500 m
Fitness603 m
Aesthetics Fitness Club · ~8 Min zu Fuß
Bushaltestelle350 m
Οδ Ελευθερίας 7(Χλώρακα) · ~4 Min zu Fuß · 8 in 500 m

Ungefähr, Luftlinie, Daten von OpenStreetMap.

Beschreibung

This 2-bedroom penthouse is located within a hilltop residential resort, just a short walk from the Paphos coastline and Mediterranean Sea. The homes feature contemporary design infused with Mediterranean character, with all living areas opening onto large verandas, terraces and surrounding gardens. The gated community offers expansive communal green spaces, two swimming pools, a clubhouse and tennis court. The property exemplifies Mediterranean architecture—drawing on traditional Cypriot stone villa references, natural materials, generous covered outdoor spaces and earthy tones—combined with modern comfort and quality construction.

1 Island Estates
Angeboten von 1 Island Estates
EstateRadar is a technology platform, not an agency. This listing is handled by 1 Island Estates.

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