EstateRadar
SMART SEARCH · RIGHT PROPERTY
Drosia, Larnaca

1-bedroom apartment for sale

1 Bed 1 Bath 54 Ref. ER-LCA-1418
EstateRadar AI summary

This 1-bedroom apartment in Drosia, Larnaca carries an asking price of €175,000, which sits 1.6% below the area's median of €3,294/m² (equivalent €3,241/m² here). Our analysis of 278 comparable transactions suggests a valuation range of €156,875–€211,399 with high confidence, though the AI score of 6.7 indicates this is a mid-tier investment with a 5.6% gross yield. Against the Cyprus market, which rose 3.4% year-on-year (Eurostat, Q1 2026), this property offers limited upside but modest rental income potential.

High confidence valuationBelow area median (-1.6%)5.6% gross yieldInvestment grade C

Why EstateRadar AI picked this

Asking price sits slightly below the €3,294/m² area median at €3,241/m², though within the high-confidence valuation range of €156,875–€211,399.
Gross rental yield of 5.6% provides modest income, though the C-grade investment classification suggests limited capital appreciation prospects relative to local market conditions.
Valuation drawn from 278 comparable recent sales in the area, providing robust statistical backing for the estimate range.
Energy Class A certification and included parking and storage add utility value, though the modest 54 m² footprint limits appeal to singles and couples rather than families.

Overview

· plot from Cyprus Land Registry (DLS)
Plot area
549 m²
Internal area
54 m²
Bedrooms
1
Bathrooms
1
Reference
ER-LCA-1418

Investment analysis

Monthly rent€817
Annual rent€9,800
Expenses (annual)€2,744
Net income€7,056
ROI
5.6%
Yield
5.6%
Payback
24.8y

EstateRadar preliminary estimate

Estimated value range
€156,875€211,399
Confidence: High · 82%278 comparables
Area median€3,294/m²
This property€3,241/m²
vs area median1.6% 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
~2.0%
Recommended offer
€171,000
Deal probability
Low 41%

1 days on market · asking is 1.6% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
52
Schools
48
Quiet
72
Sea
58

Location

· approximate area
Approximate location

Distances from OpenStreetMap · approximate.

Description

A modern 1-bedroom apartment in the peaceful Drosia area of Larnaca, featuring contemporary design and thoughtful layout suited to couples and individuals. The unit includes dedicated parking and a storage room, and benefits from Energy Class A certification, delivering energy efficiency and comfort. Built to high standards with ergonomic detail, it combines style and sustainability in a well-maintained residential setting.

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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