Limassol, Cyprus

1-bedroom penthouse for sale

1 Bed 1 Bath 56 m² Ref. ER-LIM-3208

EstateRadar AI summary

This 1-bedroom penthouse in Limassol is listed at €235,000 (€4,196/m²), trading at a 48.6% discount to the area median of €8,158/m². The AI valuation estimates €244k–€580k based on 100 comparables, though Medium confidence means this is a preliminary estimate requiring further due diligence.

Significant discount to area medianMedium confidence valuationHigh rental yield potentialPenthouse

Why EstateRadar AI picked this

Asking price 48.6% below the Limassol area median per m², suggesting strong value positioning if location and condition justify it

Gross yield of 10.0% with A+ investment grade indicates strong rental income potential relative to purchase price

Valuation based on 100 comparables provides reasonable market context, though the wide range (€244k–€580k) reflects variability in comparable properties

Overview

Internal area

56 m²

Bedrooms

Bathrooms

Reference

ER-LIM-3208

Investment analysis

Monthly rent€1,958

Annual rent€23,500

Expenses (annual)€6,580

Net income€16,920

ROI

10.0%

Yield

10.0%

Payback

13.9y

EstateRadar preliminary estimate

Estimated value range

€244,109 – €579,565

Confidence: Medium · 55%100 comparables

Area median€8,158/m²

This property€4,196/m²

vs area median48.6% 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

€230,000

Deal probability

Low 20%

1 days on market · asking is 48.6% below our AI valuation. Estimate only — not financial advice.

Neighbourhood

· AI area estimate

Walk

Schools

Quiet

Sea

Location

· approximate area

Distances from OpenStreetMap · approximate.

Description

This compact 1-bedroom penthouse offers a prime location in a vibrant, green area of Limassol's southwest district, minutes from major shopping, water park facilities, and unspoilt coastal beaches. The property benefits from excellent proximity to international schools and a planned golf course, with generous parking, concierge service, and high-quality finishes throughout. Limassol's central position makes it ideal for both lifestyle and investment, combining modern amenities with access to the city's best leisure and educational resources.

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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