Limassol, Cyprus

2-bedroom penthouse for sale

2 Bed 2 Bath 117 m² Ref. ER-LIM-4298

Rossi your AI assistant

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

Take: Strong 10.3% 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 2-bedroom penthouse is asking €478,000 (€4,085/m²), sitting 50% below the Limassol area median of €8,158/m². The AI valuation estimates a range of €510k–€1.21m with Medium confidence based on 100 comparables, suggesting potential undervaluation, though the wide range reflects market variability. Against Cyprus's 3.4% annual HPI growth (Eurostat, Q1 2026), this preliminary estimate warrants professional verification.

50% below area medianMedium confidenceStrong rental yield (10.3%)A+ investment grade

Why EstateRadar AI picked this

Asking price of €4,085/m² is significantly discounted versus the €8,158/m² area median, flagging potential value

Gross yield of 10.3% and A+ investment grade suggest strong income potential for buy-to-let investors

Medium-confidence valuation range (€510k–€1.21m) based on 100 comparables indicates substantial data, though range width suggests local market heterogeneity

Overview

Internal area

117 m²

Bedrooms

Bathrooms

Reference

ER-LIM-4298

Investment analysis

Monthly rent£3,511

Annual rent£42,131

Expenses (annual)£11,797

Net income£30,334

ROI

10.3%

Yield

10.3%

Payback

13.5y

EstateRadar preliminary estimate

Estimated value range

£436,434 – £1,036,183

Confidence: Medium · 55%100 comparables

Area median£6,981/m²

This property£3,496/m²

vs area median49.9% 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

£400,482

Deal probability

Low 20%

2 days on market · asking is 49.9% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Description

This 2-bedroom penthouse is situated in a prime southwestern location near Limassol's historic centre on the Akrotiri Peninsula, within one of the city's most vibrant and green neighbourhoods. The property offers convenient access to major shopping, water parks, international schools, and pristine beaches including Ladie's Mile and Kourion, while benefiting from Limassol's central geographic position. Amenities include abundant parking, concierge service, and superior finishes, designed to maximize the benefits of Cyprus 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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