Larnaka - Tsakilero, Larnaca

1-bedroom apartment for sale

1 Bed 1 Bath 50 m² Ref. ER-LCA-6593

EstateRadar AI summary

This 1-bedroom, 50 m² apartment in Larnaka–Tsakilero is listed at €150,000 (€3,000/m²), roughly 9% below the area median of €3,294/m². The AI valuation estimates €145,255–€195,740 with high confidence based on 278 comparables, suggesting the asking price sits at the lower end of the typical range for this location.

Below area medianHigh confidence estimateRental yield 6.1%B-grade investment

Why EstateRadar AI picked this

Asking price is 8.9% below the Larnaka–Tsakilero median €/m², indicating pricing advantage in a stable market (Cyprus HPI +3.4% year-on-year).

High-confidence valuation drawn from 278 comparable sales reduces estimation uncertainty and supports the asking price credibility.

Gross rental yield of 6.1% and B-investment grade indicate moderate income potential suitable for buy-to-let portfolios in this undersupplied market segment.

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

1,500 m²

Internal area

50 m²

Bedrooms

Bathrooms

Reference

ER-LCA-6593

Investment analysis

Monthly rent€763

Annual rent€9,150

Expenses (annual)€2,562

Net income€6,588

ROI

6.1%

Yield

6.1%

Payback

22.8y

EstateRadar preliminary estimate

Estimated value range

€145,255 – €195,740

Confidence: High · 82%278 comparables

Area median€3,294/m²

This property€3,000/m²

vs area median8.9% 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

€147,000

Deal probability

Low 20%

1 days on market · asking is 8.9% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

Contemporary property in Larnaka - Tsakilero, Larnaca. 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.

Marketed by 1 Island Estates

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

Similar properties

from €150,000

1–4-bedroom apartments for sale

Larnaka - Tsakilero, Larnaca

ROI 6.1%

from €147,000

1–2-bedroom apartments for sale

Nicosia - Kaimakli, Nicosia

ROI 5.4%

from €145,000

1–2-bedroom apartments for sale

Larnaka - Agioi Anargyroi I, Larnaca

ROI 5.4%