Geroskipou, Paphos

Commercial for sale

462 m² Ref. ER-PAF-8916

Rossi your property expert

I already analyzed this property — here's what stands out.

Take: Strong 9.4% projected yield.

“If you're buying to invest, this is one I'd move on — the numbers stack up.”

AI Score

EstateRadar AI summary

This 462 m² commercial property in Geroskipou, Paphos is priced at €860,000 (€1,861/m²), sitting 34% below the area median of €2,811/m². Our preliminary estimate ranges €835,896–€1,753,786 based on 8 comparables, though confidence is Low due to the small sample and commercial property variability. Against a Cyprus market up 3.4% year-on-year (Eurostat, Q1 2026), the below-median pricing may reflect the specific property type or condition.

Below area median (−34%)Low confidenceCommercial/Mixed-useStrong yield potential (9.4%)

Why EstateRadar AI picked this

Asking price is significantly below area median per m², which could indicate valuation opportunity or require due diligence on condition and commercial viability

High gross yield of 9.4% and A+ investment grade suggest strong income-generation potential if leased appropriately

Only 8 comparables used; commercial properties vary widely by fit-out, tenant quality and location within zone—treat estimate as preliminary

Overview

Internal area

462 m²

Reference

ER-PAF-8916

Investment analysis

Monthly rent£5,765

Annual rent£69,177

Expenses (annual)£19,369

Net income£49,808

ROI

9.4%

Yield

9.4%

Payback

14.8y

EstateRadar preliminary estimate

Estimated value range

£715,301 – £1,500,767

Confidence: Low · 50%8 comparables

Area median£2,405/m²

This property£1,593/m²

vs area median33.8% 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

£720,525

Deal probability

Low 20%

1 days on market · asking is 33.8% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· OpenStreetMap distances

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School217 m

Λύκειο Γιαννάκη Ταλιώτη Γεροσκήπου · ~3 min walk · 3 within 500 m

Kindergarten388 m

Νηπιαγωγείο Γεροσκήπου Β΄ · ~5 min walk

Supermarket404 m

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

Pharmacy490 m

Χριστοφίδου Γαλάτεια · ~6 min walk

Hospital1330 m

Iasis Hospital · ~17 min walk

Beach2364 m

Yeroskipou Plaz · ~30 min walk

Restaurant412 m

Plateia Grillhouse · ~5 min walk · 2 within 500 m

Café449 m

Elizabeth coffee shop · ~6 min walk · 4 within 500 m

Park312 m

Kato Vrisi · ~4 min walk · 4 within 500 m

Gym963 m

Gymnastika · ~12 min walk

Bus stop163 m

Οδ.Γιάννη Κοντού 1 · ~2 min walk · 6 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

This 462 m² commercial property is ideally positioned on a hillside near the town centre and a historic spring. The development offers a curated mix of retail, office, dining and hospitality spaces, designed to appeal to business owners and investors. Amenities include ample parking, a communal pool, landscaped grounds and convenient public transport access. The location combines strong foot traffic from tourism with proximity to a growing smart city initiative, making it attractive for leasing or operating a business.

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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