Penthouse 270 м² in Limassol, Cyprus

6 449 $

23 $ /м²

4OVey

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #1

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #2

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #3

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #4

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #5

Penthouse 270m² in Cyprus, Limassol. Priced at 5500€ rent photo- #6

Area

270 м²

Bedrooms

Bathrooms

4 bedroom luxury penthouse for rent in Limassol, Cyprus

This luxury duplex apartment is located on the top floor of a residential complex consisting of just 5 apartments. The complex boasts an ideal location as it is within walking distance to Makariou Avenue, the heart of Limassol, yet in a quiet residential area. The apartment has 4 bedrooms (3 on the first level, 1 on the second level), 5 bathrooms and toilets, a roof garden with private pool and barbecue area. From the spacious veranda of the apartment offers panoramic views of Limassol and the Mediterranean Sea. The apartment is equipped with alarm system, 24 cameras, underfloor heating, VRV system, LED lights, marble floors (1m x 1m), private generator, mosquito nets, electric blinds, child safety cover on the terrace. In addition to the above, the property will be given 4 parking spaces (2 covered) and a storage room. Common charges are not included in the price and are payable additionally.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

6 449 $

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 (6 449 $) 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).