Property in Larnaka - Skala, Cyprus
7 live listings · 3 for sale · 4 to rent · median asking €510,000 · median rent €900 pcm · 2.1% gross yield
For sale in Larnaka - Skala
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Worth knowing before you look here
What things cost
Which bedroom costs the most in Cyprus?
Going from 4 bedrooms to 5 adds €1,116,000 to the median asking price — more than any other step on the ladder.
What would make this wrong: A 5-bed house is not a 4-bed house with a room added — it is usually a bigger plot in a different place. This is the price of a different kind of home, not the price of a bedroom.
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What things cost
Where does a square metre cost most in Cyprus?
Pegia - St George asks €8,270 per m²; Kiti asks €2,154. The same 100 m² flat differs by €611,600 depending only on where it stands.
What would make this wrong: Only the listings whose agent published a floor area are in this, and agents measure differently. Condition and outside space are not in it at all.
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The market
How concentrated is Cyprus's market?
Three agents hold 94% of everything advertised — 2,387, 1,863, 67 listings out of 4,583. 8 agents share the rest.
What would make this wrong: It counts adverts, not sales. An agency that lists everything it is asked to and one that sells everything it lists look identical here.
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