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Kato Paphos, Paphos

2-bedroom penthouse for sale

2 Bed 1 Bath 77 Ref. ER-PAF-1775
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You'd get real privacy here — not stacked on top of the neighbours.

AI Score
EstateRadar AI summary

This 2-bedroom, 77 m² penthouse in Kato Paphos is asking €398,000, or €5,169/m², which is 15.4% above the area median of €4,479/m². The AI estimates a valuation range of €304,086–€616,267 with medium confidence based on 210 comparables. Against Cyprus's national market growth of 3.4% year-on-year, this is a preliminary estimate rather than a definite bargain.

Above area median (+15%)Medium confidencePenthouse formatTourist-area location

Why EstateRadar AI picked this

Asking price sits 15.4% above the area's median €/m², signalling premium positioning rather than a typical market buy
Medium confidence rating reflects adequate comparable data (210 units), though the wide valuation range (€304k–€616k) indicates variability in penthouse transactions
Gross rental yield of 4.5% and investment grade D suggest modest income potential; the property's appeal is more lifestyle-oriented than cash-flow driven

Overview

Internal area
77 m²
Bedrooms
2
Bathrooms
1
Reference
ER-PAF-1775

Investment analysis

Monthly rent€1,493
Annual rent€17,910
Expenses (annual)€5,015
Net income€12,895
ROI
4.5%
Yield
4.5%
Payback
30.9y

EstateRadar preliminary estimate

Estimated value range
€304,086€616,267
Confidence: Medium · 74%210 comparables
Area median€4,479/m²
This property€5,169/m²
vs area median15.4% above
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
~8.0%
Recommended offer
€366,000
Deal probability
High 92%

2 days on market · asking is 15.4% above our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
72
Schools
55
Quiet
58
Sea
78

Location

· approximate area
Approximate location

Description

This penthouse is situated within a mixed-use coastal development in Kato Paphos, surrounded by landscaped gardens and communal swimming pools. Set in an established resort community, it offers easy access to the seafront promenade, shopping districts, Blue Flag-awarded beaches and local attractions. Positioned in the heart of Kato Paphos Tourist Area, it combines Mediterranean comfort with proximity to amenities and waterfront leisure.

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

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