Chloraka, Paphos

2-bedroom penthouse for sale

2 Bed 2 Bath 84 m² Ref. ER-PAF-4201

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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, 84 m² penthouse in Chloraka is asking €488,000, positioning it 13.8% above the area median of €5,105/m² at €5,810/m². The AI valuation places it in a preliminary range of €379,111–€488,308 with Medium confidence based on 13 comparable sales; against Cyprus's 3.4% year-on-year market growth (Eurostat, Q1 2026), the asking price sits at the upper end of estimated value.

Above area medianMedium confidenceCoastal proximityInvestment grade D

Why EstateRadar AI picked this

Asking price aligns with the upper bound of the computed valuation range, offering limited upside potential for buyers

Gross yield of 4.5% is modest for a D-grade investment, reflecting higher acquisition cost relative to rental income potential

Located in established Chloraka with Mediterranean appeal and direct beach access, supporting the premium valuation despite modest AI score of 5.7

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

40,206 m²

Internal area

84 m²

Bedrooms

Bathrooms

Reference

ER-PAF-4201

Investment analysis

Monthly rent€1,830

Annual rent€21,960

Expenses (annual)€6,149

Net income€15,811

ROI

4.5%

Yield

4.5%

Payback

30.9y

EstateRadar preliminary estimate

Estimated value range

€379,111 – €488,308

Confidence: Medium · 68%13 comparables

Area median€5,105/m²

This property€5,810/m²

vs area median13.8% 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

€449,000

Deal probability

High 92%

2 days on market · asking is 13.8% above our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School702 m

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

Kindergarten1066 m

Παιδικός Πλανήτης · ~13 min walk

Supermarket493 m

Mini Supermarket · ~6 min walk

Pharmacy606 m

~8 min walk

Hospital1736 m

St George Clinic · ~22 min walk

Beach1214 m

Vrexi Beach · ~15 min walk

Restaurant577 m

Lava Tavern · ~7 min walk

Café786 m

Coffee Island · ~10 min walk

Park361 m

~5 min walk · 3 within 500 m

Gym821 m

Aesthetics Fitness Club · ~10 min walk

Bus stop560 m

Οδ Ελευθερίας 7(Χλώρακα) · ~7 min walk

Approximate, straight-line distances from OpenStreetMap.

Description

This hilltop penthouse in Chloraka offers direct access to the Paphos coastline, featuring contemporary design infused with Mediterranean character. All living areas open onto large verandas, terraces and gardens, with interiors flooded by natural light and air flow. The property sits within an exclusive gated residential community offering communal gardens, dual swimming pools, a clubhouse and tennis court, blending traditional Cypriot architectural references—stone, plaster, wood and earthy tones—with modern comfort and construction standards.

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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