Parekklisia, Limassol

3-bedroom villa for sale

3 Bed 3 Bath 95 m² Ref. ER-LIM-2040

EstateRadar AI summary

This 3-bedroom, 95 m² villa in Parekklisia, Limassol is priced at €420,000, which aligns exactly with the area median of €4,421/m². Our preliminary estimate, based on 70 comparables with high confidence, places the fair value range at €288,551–€459,551. The asking price sits solidly within this range at the median, suggesting fair market pricing against a Cyprus property market up 3.4% year-on-year (Eurostat HPI, Q1 2026).

Fair area-market pricingHigh confidence valuationInvestment Grade C4.0% gross yield

Why EstateRadar AI picked this

Asking price matches area median exactly (€4,421/m²), indicating no premium or discount relative to comparable recent sales

70 comparable transactions provide robust statistical confidence in the €288k–€460k valuation range

Gross rental yield of 4.0% sits below typical premium coastal areas but reflects the quieter, more suburban Parekklisia location

Overview

Internal area

95 m²

Bedrooms

Bathrooms

Reference

ER-LIM-2040

Investment analysis

Monthly rent€1,400

Annual rent€16,800

Expenses (annual)€4,704

Net income€12,096

ROI

4.0%

Yield

4.0%

Payback

34.7y

EstateRadar preliminary estimate

Estimated value range

€288,551 – €459,551

Confidence: High · 82%70 comparables

Area median€4,421/m²

This property€4,421/m²

vs area median0.0% 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

€411,000

Deal probability

Low 46%

1 days on market · asking is 0.0% above our AI valuation. Estimate only — not financial advice.

Neighborhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

Discover a serene lifestyle in Limassol's charming Parekklisia area. This peaceful residential neighbourhood offers tranquillity while maintaining convenient access to modern amenities, making it an attractive choice for those seeking a relaxed retreat with the comforts of contemporary living.

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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