Limassol, Cyprus

1-bedroom penthouse for sale

1 Bed 1 Bath 109 m² Ref. ER-LIM-8801

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AI Score

EstateRadar AI summary

This 1-bedroom penthouse in Limassol is asking €730,000 (€6,697/m²), which is 17.9% below the area median of €8,158/m². Our analytics engine estimates a preliminary valuation range of €475,141–€1,128,081 based on 100 comparables with High confidence. The asking price sits comfortably within that range, suggesting fair positioning relative to recent market transactions.

Below area medianHigh confidence valuationWaterfront location6.3% gross yield

Why EstateRadar AI picked this

Price is 17.9% below area median per m², indicating potential value relative to comparable sales in the neighbourhood

High confidence rating backed by 100 recent comparables, reducing valuation uncertainty

Gross rental yield of 6.3% and B-grade investment score reflect moderate income potential for buy-to-let investors

Cyprus residential market up 3.4% year-on-year (Eurostat, Q1 2026), supporting baseline demand

Overview

· plot from Cyprus Land Registry (DLS)

Plot area

8,794 m²

Internal area

109 m²

Bedrooms

Bathrooms

Reference

ER-LIM-8801

Investment analysis

Monthly rent£3,280

Annual rent£39,355

Expenses (annual)£11,019

Net income£28,336

ROI

6.3%

Yield

6.3%

Payback

22.0y

EstateRadar preliminary estimate

Estimated value range

£406,592 – £965,333

Confidence: High · 80%100 comparables

Area median£6,981/m²

This property£5,731/m²

vs area median17.9% 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

£611,847

Deal probability

Low 20%

2 days on market · asking is 17.9% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Around this property

School471 m

Gymnasio Agiou Antoniou · ~6 min walk

Kindergarten1330 m

Funscool · ~17 min walk

Supermarket165 m

Lidl · ~2 min walk

Pharmacy1060 m

Αργυρώ Καρόζου · ~13 min walk

Hospital1469 m

Παλαιό Νοσοκομείο Λεμεσού · ~18 min walk

Beach362 m

~5 min walk

Restaurant288 m

Ismet's Britania Bar & Restaurant · ~4 min walk

Café710 m

Coffeelanders · ~9 min walk

Park165 m

~2 min walk

Gym811 m

Sanctum · ~10 min walk

Bus stop189 m

Fragklinou Rousvelt - Water Board 1 · ~2 min walk · 5 within 500 m

Approximate, straight-line distances from OpenStreetMap.

Description

A luxury 1-bedroom penthouse in a prestigious waterfront development in central Limassol. The property is situated close to the Marina and historic shopping and business district, offering a blend of modern convenience and prime location. The development prioritizes sophisticated design, comfort, and high-quality finishes, with a range of apartment and penthouse options to suit diverse needs.

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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