Paralimni, Famagusta

2-bedroom apartment for sale

2 Bed 2 Bath 75 m² Ref. ER-FAM-7477

Rossi your AI assistant

I already analyzed this property — here's what stands out.

Take: Solid all-round option.

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

AI Score

EstateRadar AI summary

This 2-bedroom apartment in Paralimni is priced at €259,000, modestly below the area median of €3,638/m² at €3,453/m². Our analytics engine estimates a range of €250,313–€278,198 based on 41 recent comparables with high confidence, suggesting the asking price sits within the lower half of that range. Against Cyprus's national HPI growth of 3.4% year-on-year, the property reflects current market conditions.

Below area median (-5%)High confidence (41 comps)5.8% gross yieldInvestment grade C

Why EstateRadar AI picked this

Asking price 5% below area median per m², offering modest value relative to local comparables

Gross rental yield of 5.8% provides steady income potential for buy-to-let investors

High confidence valuation from 41 comparable sales reduces estimation risk

AI investment score of 6.9/10 reflects moderate fundamentals typical of market-rate secondary properties

EstateRadar AI summary

🧠 Analyzing this property…

Why EstateRadar AI picked this

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

1,558 m²

Internal area

75 m²

Bedrooms

Bathrooms

Reference

ER-FAM-7477

Investment analysis

Monthly rent€1,252

Annual rent€15,022

Expenses (annual)€4,206

Net income€10,816

ROI

5.8%

Yield

5.8%

Payback

23.9y

EstateRadar preliminary estimate

Estimated value range

€250,313 – €278,198

Confidence: High · 92%41 comparables

Area median€3,638/m²

This property€3,453/m²

vs area median5.1% 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

€254,000

Deal probability

Low 31%

3 days on market · asking is 5.1% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School545 m

Paralimni Technical School · ~7 min walk

Kindergarten1593 m

Honey Baby kids club · ~20 min walk

Supermarket707 m

Lidl · ~9 min walk

Pharmacy433 m

Antreas Kamilaris · ~5 min walk

Hospital1127 m

Santa Marina Polyclinic Paralimni · ~14 min walk

Beach2635 m

Firemans Beach · ~33 min walk

Restaurant842 m

Vangelis · ~11 min walk

Café395 m

Sofias Souvlaki Bar · ~5 min walk

Park361 m

~5 min walk

Gym887 m

Bodyshape Gym · ~11 min walk

Bus stop426 m

Paralimni Lyceum · ~5 min walk · 3 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

Contemporary property in Paralimni, Famagusta. 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.

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