Drosia, Larnaca

2-bedroom apartment for sale

2 Bed 2 Bath 79 m² Ref. ER-LCA-2320

EstateRadar AI summary

This 2-bedroom apartment in Drosia, Larnaca is asking €265,000 (€3,354/m²), which sits 1.83% above the local median of €3,294/m². Our analytics engine estimates a valuation range of €229,502–€309,269 based on 278 comparable sales, giving high confidence in the preliminary estimate. The asking price is within the typical range but not a standout value, and Cyprus's residential market is growing at 3.4% year-on-year according to Eurostat.

Slight premium to area medianHigh confidence estimateModerate rental yield (5.4%)Investment Grade C

Why EstateRadar AI picked this

Asking price is only 1.83% above the area median €/m², suggesting fair local pricing with no deep discount

Gross yield of 5.4% is modest but reasonable for Cyprus residential; the C-grade reflects mid-range investment potential

High-confidence valuation anchored on 278 comparable sales within Drosia; property sits comfortably within the estimated €229k–€309k range

Overview

Internal area

79 m²

Bedrooms

Bathrooms

Reference

ER-LCA-2320

Investment analysis

Monthly rent£1,021

Annual rent£12,245

Expenses (annual)£3,429

Net income£8,817

ROI

5.4%

Yield

5.4%

Payback

25.7y

EstateRadar preliminary estimate

Estimated value range

£196,392 – £264,651

Confidence: High · 82%278 comparables

Area median£2,819/m²

This property£2,870/m²

vs area median1.8% 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

~3.9%

Recommended offer

£218,211

Deal probability

Medium 53%

1 days on market · asking is 1.8% 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

Contemporary property in Drosia, Larnaca. 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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