Limassol, Cyprus

2-bedroom penthouse for sale

2 Bed 2 Bath 115 m² Ref. ER-LIM-5723

Rossi your property expert

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

Take: Strong 9.8% 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, 115 m² penthouse in Limassol is listed at €492,000 (€4,278/m²), which is 47.6% below the area median of €8,158/m². The AI-computed valuation range is €501k–€1.19m, based on 100 comparables with Medium confidence. At the asking price, it appears significantly discounted relative to local market rates, though the wide valuation range and medium confidence warrant treating this as a preliminary estimate rather than definitive value.

Substantially below area medianMedium confidence (100 comparables)Strong yield potential (9.8%)New development

Why EstateRadar AI picked this

Asking price stands 47.6% below the neighbourhood median €/m², suggesting potential value if local market data is current.

Gross rental yield of 9.8% and A+ investment grade indicate strong income potential relative to purchase price.

Cyprus property market grew 3.4% year-on-year to Q1 2026 (Eurostat), providing modest market tailwind; however, the large gap to area median warrants verification of comparable property conditions.

Overview

Internal area

115 m²

Bedrooms

Bathrooms

Reference

ER-LIM-5723

Investment analysis

Monthly rent£3,438

Annual rent£41,260

Expenses (annual)£11,552

Net income£29,708

ROI

9.8%

Yield

9.8%

Payback

14.2y

EstateRadar preliminary estimate

Estimated value range

£428,973 – £1,018,470

Confidence: Medium · 55%100 comparables

Area median£6,981/m²

This property£3,661/m²

vs area median47.6% 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

£412,462

Deal probability

Low 20%

1 days on market · asking is 47.6% 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 occupies 115 m² in a prime Limassol location southwest of the historic town centre. The residence features superior finishes, dedicated parking, and concierge service within a carefully designed community emphasizing green spaces and modern amenities. Situated minutes from major shopping, water parks, international schools, and unspoilt beaches including Lady's Mile and Kourion, it combines convenient urban proximity with access to coastal recreation and established educational institutions.

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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