Kato Paphos, Paphos

Commercial for sale

8988 m² Ref. ER-PAF-8789

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AI Score

EstateRadar AI summary

This 8,988 m² commercial property in Kato Paphos carries an asking price of €32.8 million, positioning it at €3,649/m²—approximately 30% above the area median of €2,811/m². The AI valuation range is €16.3–34.1 million, but confidence is Low with only 8 comparables, so this should be treated as a preliminary estimate rather than a definitive valuation. Against Cyprus's national market growth of 3.4% year-on-year, the asking price represents a significant premium that warrants careful scrutiny.

Above area median (+30%)Low confidence (8 comparables)Commercial multi-floorInvestment grade D

Why EstateRadar AI picked this

Asking price substantially exceeds area median per m²; valuation range is wide, reflecting sparse comparable data and higher uncertainty.

Gross yield of 4.8% with investment grade D suggests moderate return potential relative to capital outlay and risk profile.

Modern purpose-designed office space across five floors plus mezzanine and amenities; appeal hinges on location near Paphos tourist area and operational viability.

EstateRadar AI summary

🧠 Analyzing this property…

Why EstateRadar AI picked this

Overview

Internal area

8988 m²

Reference

ER-PAF-8789

Investment analysis

Monthly rent£112,272

Annual rent£1,347,261

Expenses (annual)£377,233

Net income£970,028

ROI

4.8%

Yield

4.8%

Payback

28.9y

EstateRadar preliminary estimate

Estimated value range

£13,915,858 – £29,196,745

Confidence: Low · 50%8 comparables

Area median£2,405/m²

This property£3,123/m²

vs area median29.8% 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

~8.0%

Recommended offer

£25,822,508

Deal probability

High 92%

3 days on market · asking is 29.8% above our AI valuation. Estimate only — not financial advice.

Neighbourhood

· estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Description

presents a modern, unique key-ready office space that will form part of Neapolis Smart EcoCity – a large, innovative, mixed-use development a short distance from the tourist area of Pafos. This unique investment opportunity is designed so as to offer the first purpose-designed building in Pafos and provide a desirable working environment. comprises of five spacious floors, a mezzanine, as well as a wonderful roof garden offering excellent views of Pafos, and will allow for improved employee engagement and productivity.

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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