Limassol, Cyprus

2-bedroom penthouse for sale

2 Bed 2 Bath 98 m² Ref. ER-LIM-3198

Rossi your property expert

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

Take: Strong 10.4% 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, 98 m² penthouse is listed at €398,000 (€4,061/m²), which is 50% below the Limassol area median of €8,158/m². The computed valuation range of €427k–€1.01m suggests potential upside, though with Medium confidence based on 100 comparables. Against Cyprus's national market growth of 3.4% year-on-year (Eurostat, Q1 2026), this preliminary estimate warrants careful due diligence on market conditions and the property's specific appeal.

Significant discount to area medianMedium confidence valuationStrong gross yield (10.4%)Investment-grade A+ rating

Why EstateRadar AI picked this

Asking price is 50% below the area median €/m², pointing to either exceptional value or market-specific factors requiring verification

Gross yield of 10.4% with an A+ investment grade suggests strong rental income potential relative to purchase price

Computed valuation range (€427k–€1.01m) indicates upside of 7–155% from asking price, but Medium confidence reflects the need for local market validation

Penthouse with concierge and modern finishes in an established development may appeal to investors seeking recurring income

Overview

Internal area

98 m²

Bedrooms

Bathrooms

Reference

ER-LIM-3198

Investment analysis

Monthly rent€3,449

Annual rent€41,392

Expenses (annual)€11,590

Net income€29,802

ROI

10.4%

Yield

10.4%

Payback

13.4y

EstateRadar preliminary estimate

Estimated value range

€427,191 – €1,014,238

Confidence: Medium · 55%100 comparables

Area median€8,158/m²

This property€4,061/m²

vs area median50.2% 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

€390,000

Deal probability

Low 20%

2 days on market · asking is 50.2% 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 offers 98 m² of well-finished living space in a residential development southwest of Limassol's historic town centre, in the Akrotiri Peninsula. The location provides convenient access to major shopping, water-park facilities, unspoilt beaches, international schools, and planned golf-course development. The building features ample parking, concierge service and contemporary finishes, positioning it as an affordable lifestyle investment in one of the city's growing areas.

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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