Penthouse 236 м² in Limassol, Cyprus

4 471 $

18 $ /м²

4OVAR

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #1

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #2

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #3

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #4

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #5

Penthouse 236m² in Cyprus, Limassol. Priced at 3800€ rent photo- #6

Area

236 м²

Bedrooms

Bathrooms

3 Bedroom Luxury Penthouse for rent in Limassol, Cyprus

Penthouse with stunning sea views, located just 40 meters from the beach in the tourist area of Limassol. The complex has two communal swimming pools, garden and barbecue area. The penthouse has 3 bedrooms, 2 bathrooms and a guest toilet, a covered veranda of 57 sqm and an uncovered veranda of 30 sqm, a separate kitchen, a spacious living room with a cozy fireplace and a dining area. The apartment is fully furnished and equipped with air conditioning, double-glazed windows, solar panels and water pressure maintenance system. There is also a storage room and covered parking. Total costs: 200 euros/month. 2 deposits or semi-annual payment + 1 deposit.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

4 471 $

FAQ

In Cyprus a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Limassol; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Cyprus finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Cyprus takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Limassol short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (4 471 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Limassol: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).