Kato Paphos, Paphos

Commercial for sale

41 m² Ref. ER-PAF-4524

EstateRadar AI summary

This 41 m² commercial unit in Kato Paphos is asking €128,000 (€3,122/m²), which is 11% above the area median of €2,811/m². Our preliminary estimate ranges €74,181–€155,639 with low confidence (8 comparables). The asking price sits in the upper half of that range, suggesting it may be fairly valued for a sea-view retail location in a high-traffic tourist zone, though the small sample size warrants caution.

Above area median (+11%)Low confidenceSea-view retailTourist location

Why EstateRadar AI picked this

Positioned above area median per m², reflecting premium for sea views and Kato Paphos tourist foot-traffic

Low confidence rating reflects only 8 comparables; valuation is preliminary and should be verified with local market insight

Gross yield of 5.6% and investment grade C indicate moderate rental potential for a small commercial unit in a hospitality-focused area

Cyprus residential market up 3.4% year-on-year (Eurostat, Q1 2026), providing some broader market support

Overview

Internal area

41 m²

Reference

ER-PAF-4524

Investment analysis

Monthly rent€597

Annual rent€7,168

Expenses (annual)€2,007

Net income€5,161

ROI

5.6%

Yield

5.6%

Payback

24.8y

EstateRadar preliminary estimate

Estimated value range

€74,181 – €155,639

Confidence: Low · 50%8 comparables

Area median€2,811/m²

This property€3,122/m²

vs area median11.1% 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

€118,000

Deal probability

High 90%

1 days on market · asking is 11.1% above our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

This 41 m² retail shop in Kato Paphos occupies a prime position within a shopping center overlooking the sea and near numerous hotels, making it an excellent base for a hospitality or tourist-focused business. The location offers exceptional foot traffic and accessibility, with the harbor just a 5-minute walk away. Strategic positioning near major tourism infrastructure ensures strong customer flow and visibility for commercial operations.

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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