Larnaka - Agioi Anargyroi I, Larnaca

Apartment for sale

1 Bath 37 m² Ref. ER-LCA-8751

EstateRadar AI summary

This studio apartment is asking €145,000, sitting 19% above the area median of €3,294/m² (at €3,919/m²). The AI valuation estimates €107,488–€144,848 with high confidence (278 comparables), suggesting the asking price is at the upper end of that range and modestly overvalued. Against a Cyprus market up 3.4% year-on-year, this is a preliminary estimate rather than a definitive bargain.

Above area medianHigh confidence valuationPoor investment gradeCentral Larnaca location

Why EstateRadar AI picked this

Asking price sits 19% above local €/m² median, indicating limited upside or potential overpricing

Gross yield of 4.6% and investment grade D reflect weak rental income relative to purchase cost

High valuation confidence (278 comparables) supports the estimate; location in heart of Larnaca offers walkability and urban amenities

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

273 m²

Internal area

37 m²

Bathrooms

Reference

ER-LCA-8751

Investment analysis

Monthly rent£476

Annual rent£5,708

Expenses (annual)£1,599

Net income£4,109

ROI

4.6%

Yield

4.6%

Payback

30.2y

EstateRadar preliminary estimate

Estimated value range

£91,981 – £123,951

Confidence: High · 82%278 comparables

Area median£2,819/m²

This property£3,354/m²

vs area median19.0% 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

£113,812

Deal probability

High 92%

1 days on market · asking is 19.0% 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

A contemporary studio apartment in the heart of Larnaca, combining smart modern layouts with a prime central location. Designed for urban living, it offers an ideal base for those seeking convenient city access and solid rental potential.

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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