Larnaka - Tsakilero, Larnaca

1-bedroom apartment for sale

1 Bed 1 Bath 50 m² Ref. ER-LCA-8234

EstateRadar AI summary

This 1-bedroom, 50 m² apartment in Larnaka's Tsakilero area is priced at €150,000 (€3,000/m²), which sits 8.9% below the local median of €3,294/m². Our analytics engine estimates a valuation range of €145,255–€195,740 based on 278 comparable sales, with High confidence. The asking price aligns toward the lower end of fair value, suggesting potential value in a modest but established neighbourhood.

Below area medianHigh confidence278 comparablesModest yield 6.1%

Why EstateRadar AI picked this

Price at €3,000/m² is 8.9% lower than the Larnaka median, offering entry-level positioning in an established area

278 comparable transactions provide High confidence in the valuation range, reducing uncertainty

Gross yield of 6.1% with B-grade investment classification indicates steady rental demand typical of central Larnaka locations

Against Cyprus' national HPI growth of 3.4% year-on-year (Eurostat, Q1 2026), purchasing below median offers a reasonable anchor point

Overview

Internal area

50 m²

Bedrooms

Bathrooms

Reference

ER-LCA-8234

Investment analysis

Monthly rent£653

Annual rent£7,830

Expenses (annual)£2,192

Net income£5,638

ROI

6.1%

Yield

6.1%

Payback

22.8y

EstateRadar preliminary estimate

Estimated value range

£124,299 – £167,501

Confidence: High · 82%278 comparables

Area median£2,819/m²

This property£2,567/m²

vs area median8.9% 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

~2.0%

Recommended offer

£125,792

Deal probability

Low 20%

1 days on market · asking is 8.9% below 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 Larnaka - Tsakilero, 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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