EstateRadar
SMART SEARCH · RIGHT PROPERTY
Limassol, Cyprus

1-bedroom penthouse for sale

1 Bed 1 Bath 55 Ref. ER-LIM-1882
EstateRadar AI summary

This 1-bedroom penthouse in Limassol is asking €233,000 (€4,236/m²), which sits 48% below the area median of €8,158/m². The AI-computed valuation range is €239,750–€569,215 based on 100 comparables, with Medium confidence. Against Cyprus's recent 3.4% annual market growth (Q1 2026), the asking price appears substantially discounted, though the wide valuation band reflects inherent uncertainty in this segment.

Well below area medianMedium confidenceRental yield 9.9%Investment grade A+

Why EstateRadar AI picked this

Asking price is 48% below the area's median €/m², suggesting either strong value or market-specific factors warrant careful due diligence.
Strong rental fundamentals: 9.9% gross yield and A+ investment grade indicate solid income potential for buy-to-let strategy.
Medium-confidence estimate based on 100 comparables; the wide valuation range (€239k–€569k) reflects typical variability in penthouse pricing and market microlocations.

Overview

Internal area
55 m²
Bedrooms
1
Bathrooms
1
Reference
ER-LIM-1882

Investment analysis

Monthly rent€1,922
Annual rent€23,067
Expenses (annual)€6,459
Net income€16,608
ROI
9.9%
Yield
9.9%
Payback
14.0y

EstateRadar preliminary estimate

Estimated value range
€239,750€569,215
Confidence: Medium · 55%100 comparables
Area median€8,158/m²
This property€4,236/m²
vs area median48.1% 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
€228,000
Deal probability
Low 20%

1 days on market · asking is 48.1% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate
Walk
65
Schools
75
Quiet
72
Sea
78

Location

· approximate area
Approximate location

Distances from OpenStreetMap · approximate.

Description

This 1-bedroom penthouse is located on the Akrotiri Peninsula, southwest of Limassol's historic centre, in one of the city's most sought-after green areas. Just minutes from major retail, water park, and international schools, it also offers proximity to unspoilt beaches and planned golf facilities. The building provides ample parking, concierge service, and superior finishes, designed to deliver a high-quality lifestyle in a central, well-connected location.

1 Island Estates
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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