EstateRadar
SMART SEARCH · RIGHT PROPERTY
Paralimni, Famagusta

Apartment for sale

2 Bath 82 Ref. ER-FAM-1541
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
🧠 Analyzing this property…

Why EstateRadar AI picked this

Overview

· plot from Cyprus Land Registry (DLS)
Plot area
970 m²
Internal area
82 m²
Bathrooms
2
Reference
ER-FAM-1541

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

· estimate
Walk
70
Schools
75
Quiet
72
Sea
60

Location

· approximate area
Approximate location
Around this property
School306 m
Γʹ Δημοτικό Σχολείο Παραλιμνίου · ~4 min walk
Kindergarten2357 m
Public Nursery School Sotiras · ~29 min walk
Supermarket241 m
Smart · ~3 min walk · 2 within 500 m
Pharmacy57 m
Stelios · ~1 min walk · 4 within 500 m
Hospital111 m
Lito Private Hospital · ~1 min walk
Beach4056 m
Firemans Beach · ~51 min walk
Restaurant434 m
Ταβέρνα Ρόπας · ~5 min walk · 3 within 500 m
Café105 m
Fabricca Coffee n' Bites · ~1 min walk · 2 within 500 m
Park864 m
~11 min walk
Gym98 m
Be fit · ~1 min walk
Bus stop150 m
1 Apriliou Ave. - Agiou Nektariou · ~2 min walk · 4 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.

1 Island Estates
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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