Paralimni, Famagusta

2-bedroom apartment for sale

2 Bed 2 Bath 82 m² Ref. ER-FAM-8634

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, 82 m² apartment in Paralimni is asking €285,000, placing it 4.5% below the area median of €3,638/m² (€3,476/m²). The AI valuation range of €273,675–€304,163 suggests the asking price sits comfortably within fair-market bounds, supported by 41 recent comparable sales and High confidence. Against the Cyprus market, which has appreciated 3.4% year-on-year as of Q1 2026, this represents a preliminary estimate rather than an official appraisal.

Below area medianHigh confidence41 comparablesModest rental yield

Why EstateRadar AI picked this

Asking price undercuts area median by €162/m², offering modest value relative to recent sales

Gross rental yield of 5.8% indicates steady income potential, though investment grade C reflects moderate risk profile

AI walkability and amenity scores are reasonable for Paralimni, though sea proximity and schools are modest

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

970 m²

Internal area

82 m²

Bedrooms

Bathrooms

Reference

ER-FAM-8634

Investment analysis

Monthly rent£1,179

Annual rent£14,145

Expenses (annual)£3,960

Net income£10,185

ROI

5.8%

Yield

5.8%

Payback

23.9y

EstateRadar preliminary estimate

Estimated value range

£234,192 – £260,281

Confidence: High · 92%41 comparables

Area median£3,113/m²

This property£2,975/m²

vs area median4.5% 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

£238,749

Deal probability

Low 33%

2 days on market · asking is 4.5% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School165 m

Γʹ Δημοτικό Σχολείο Παραλιμνίου · ~2 min walk

Kindergarten2601 m

Public Nursery School Sotiras · ~33 min walk

Supermarket85 m

Σκλαβενίτης · ~1 min walk

Pharmacy139 m

Πανικός Γιαλλουρος · ~2 min walk · 3 within 500 m

Hospital486 m

Lito Private Hospital · ~6 min walk

Beach3961 m

Firemans Beach · ~50 min walk

Restaurant81 m

Ταβέρνα Ρόπας · ~1 min walk · 2 within 500 m

Café438 m

Fabricca Coffee n' Bites · ~5 min walk

Park932 m

~12 min walk

Gym394 m

Be fit · ~5 min walk

Bus stop172 m

1 Apriliou Ave. - Stadiou · ~2 min walk · 5 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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