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, 75 m² apartment in Paralimni is listed at €259,000 (€3,453/m²), modestly below the area median of €3,638/m² by 5.1%. Our analytics place estimated value at €250,313–€278,198 (High confidence, 41 comparables); the asking price sits near the lower bound of that range. Against Cyprus's national market up 3.4% year-on-year, this represents a preliminary valuation—not a definite bargain, but reasonably positioned.

Below area medianHigh confidence valuationMedium yield potentialC-grade investment

Why EstateRadar AI picked this

Asking price is 5.1% below area median €/m², suggesting fair-to-tight pricing in a stable coastal market.

Gross rental yield of 5.8% indicates moderate income potential; AI score 6.9 reflects average risk-adjusted fundamentals for the location.

High-confidence estimate backed by 41 comparable sales; valuation range €250k–€278k supports asking price near the lower quartile.

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£1,071

Annual rent£12,855

Expenses (annual)£3,599

Net income£9,256

ROI

5.8%

Yield

5.8%

Payback

23.9y

EstateRadar preliminary estimate

Estimated value range

£214,200 – £238,062

Confidence: High · 92%41 comparables

Area median£3,113/m²

This property£2,955/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

£217,355

Deal probability

Low 31%

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

Neighbourhood

· AI area 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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