Chloraka, Paphos

3-bedroom penthouse for sale

3 Bed 3 Bath 130 m² Ref. ER-PAF-3543

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AI Score

EstateRadar AI summary

This 3-bedroom penthouse in Chloraka, Paphos is listed at €535,000 (€4,115/m²), approximately 19% below the area median of €5,105/m². Our analytics engine estimates a fair value range of €586,720–€755,714 based on 13 comparable sales, suggesting the asking price sits in the lower half of that range; however, with Medium confidence and a relatively small comparable set, this is a preliminary estimate rather than a definitive valuation. The property offers a 6.4% gross rental yield and an AI investment score of 7.9 (Grade B), supported by coastal proximity and contemporary resort amenities.

Below area median (−19%)Medium confidenceCoastal penthouseGrade B investment

Why EstateRadar AI picked this

Asking price sits 19% below area median per m², offering potential value—though the preliminary fair-value estimate of €586,720–€755,714 suggests room for appreciation

Gross rental yield of 6.4% and Grade B investment rating indicate moderate income-generation potential in the Paphos tourism market

Contemporary design, large outdoor terraces and direct Mediterranean views align with holiday-let demand; membership of a gated resort community with shared pools and clubhouse enhances amenities

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

40,206 m²

Internal area

130 m²

Bedrooms

Bathrooms

Reference

ER-PAF-3543

Investment analysis

Monthly rent£2,441

Annual rent£29,300

Expenses (annual)£8,204

Net income£21,096

ROI

6.4%

Yield

6.4%

Payback

21.7y

EstateRadar preliminary estimate

Estimated value range

£502,074 – £646,687

Confidence: Medium · 68%13 comparables

Area median£4,369/m²

This property£3,521/m²

vs area median19.4% 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

£448,403

Deal probability

Low 20%

2 days on market · asking is 19.4% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School644 m

Δημοτικό Σχολείο Χλώρακα - Αγίου Νικολάου · ~8 min walk

Kindergarten1058 m

Παιδικός Πλανήτης · ~13 min walk

Supermarket419 m

Mini Supermarket · ~5 min walk · 2 within 500 m

Pharmacy532 m

~7 min walk

Hospital1758 m

St George Clinic · ~22 min walk

Beach1257 m

Vrexi Beach · ~16 min walk

Restaurant501 m

Lava Tavern · ~6 min walk

Café718 m

Coffee Island · ~9 min walk

Park326 m

~4 min walk · 3 within 500 m

Gym789 m

Aesthetics Fitness Club · ~10 min walk

Bus stop484 m

Οδ Ελευθερίας 7(Χλώρακα) · ~6 min walk · 2 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

Located in a contemporary hilltop residential resort mere steps from Paphos coastline, this penthouse features relaxed Mediterranean-inspired design with direct access to generous verandas, terraces and gardens. Flooded with natural light and fresh air, the interiors blend traditional Cypriot stone-villa references—earthy tones, wooden accents, tiled roofs and plaster finishes—with modern comfort. Residents enjoy a gated community setting complete with landscaped gardens, two communal pools, clubhouse and tennis court, creating an exclusive yet sociable Mediterranean lifestyle.

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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