Chloraka, Paphos

2-bedroom penthouse for sale

2 Bed 2 Bath 109 m² Ref. ER-PAF-1008

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AI Score

EstateRadar AI summary

This 2-bedroom penthouse in Chloraka is listed at €495,000 against a preliminary estimated range of €491,942–€633,637 (Medium confidence, 13 comparables). At €4,541/m², it sits approximately 11% below the area median of €5,105/m², suggesting potential value, though the spread reflects moderate market certainty. Cyprus residential property has appreciated 3.4% year-on-year as of Q1 2026.

Below area medianMedium confidenceWaterfront proximityMediterranean contemporary

Why EstateRadar AI picked this

Asking price sits 11% below area median €/m² (€4,541 vs €5,105), offering preliminary downside value versus nearby comparables

Investment grade B with 5.8% gross yield indicates moderate income potential for buy-to-let applications

Hilltop location near Paphos coastline and resort amenities (pools, clubhouse, tennis) supports desirability and lifestyle appeal

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

40,206 m²

Internal area

109 m²

Bedrooms

Bathrooms

Reference

ER-PAF-1008

Investment analysis

Monthly rent€2,393

Annual rent€28,710

Expenses (annual)€8,039

Net income€20,671

ROI

5.8%

Yield

5.8%

Payback

23.9y

EstateRadar preliminary estimate

Estimated value range

€491,942 – €633,637

Confidence: Medium · 68%13 comparables

Area median€5,105/m²

This property€4,541/m²

vs area median11.1% 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

~2.0%

Recommended offer

€485,000

Deal probability

Low 20%

1 days on market · asking is 11.0% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School748 m

Δημοτικό Σχολείο Πάφου Ε΄ - Αγίου Δημητρίου · ~9 min walk

Kindergarten688 m

Παιδικός Πλανήτης · ~9 min walk

Supermarket582 m

Fallon · ~7 min walk

Pharmacy448 m

~6 min walk · 2 within 500 m

Hospital1437 m

St George Clinic · ~18 min walk

Beach1603 m

Vrexi Beach · ~20 min walk

Restaurant516 m

Pizza Hut · ~6 min walk

Café564 m

Coffee Island · ~7 min walk

Park82 m

~1 min walk · 3 within 500 m

Gym430 m

Aesthetics Fitness Club · ~5 min walk

Bus stop354 m

Eleftherias Chloraka (Mathitiki) · ~4 min walk · 5 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

Located in Chloraka near Paphos's Mediterranean coastline, this 2-bedroom penthouse sits within an exclusive hilltop residential community featuring contemporary design infused with Mediterranean character. The home offers direct access to expansive verandas, terraces and gardens with abundant natural light and ventilation throughout. The gated resort includes communal gardens, two swimming pools, a clubhouse and tennis court, blending modern comfort with traditional Cypriot architectural references including stone, local materials, and earthy finishes.

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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