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Kato Paphos, Paphos

2-bedroom penthouse for sale

2 Bed 1 Bath 74 Ref. ER-PAF-7580
Rossi your property expert
I already analyzed this property — here's what stands out.
Take: Strong 7.1% projected yield.

Rental demand here is solid — I'd expect it to let quickly.

AI Score
EstateRadar AI summary

This 2-bedroom penthouse in Kato Paphos is priced at €240,000, or €3,243/m², which is 27.6% below the area median of €4,479/m². Our analytics engine estimates a valuation range of €292,238–€592,257 based on 210 comparables, indicating the asking price may be significantly below market value; however, this is a medium-confidence preliminary estimate. Against the Cyprus national market, which rose 3.4% year-on-year (Eurostat, Q1 2026), the property presents potential upside.

Below area median by 27.6%Medium confidenceStrong rental yield (7.1%)Beachfront area

Why EstateRadar AI picked this

Asking price stands 27.6% below the area's median €/m², suggesting substantial discount to local comparables.
Gross yield of 7.1% and investment grade A indicate strong rental income potential for the 74 m² footprint.
Medium confidence based on 210 local sales; valuation range of €292k–€592k brackets the estimate, reflecting typical market variance.

Overview

Internal area
74 m²
Bedrooms
2
Bathrooms
1
Reference
ER-PAF-7580

Investment analysis

Monthly rent€1,420
Annual rent€17,040
Expenses (annual)€4,771
Net income€12,269
ROI
7.1%
Yield
7.1%
Payback
19.6y

EstateRadar preliminary estimate

Estimated value range
€292,238€592,257
Confidence: Medium · 74%210 comparables
Area median€4,479/m²
This property€3,243/m²
vs area median27.6% 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
~2.1%
Recommended offer
€235,000
Deal probability
Low 20%

2 days on market · asking is 27.6% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
75
Schools
60
Quiet
55
Sea
82

Location

· approximate area
Approximate location

Description

This 2-bedroom penthouse is nestled in a residential area of Kato Paphos, within walking distance of the sandy municipal beach, the picturesque harbour, shopping centre and vibrant nightlife. The development offers a range of units surrounding a luxurious swimming pool with sun terraces and landscaped gardens, ideal for both primary residence and investment purposes.

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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