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Penthouse 380 м² in Limassol, Cyprus

2 936 934 $

7 728 $ /м²

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Area

380 м2

Bedrooms

5

Bathrooms

5

Luxury 5 bedroom penthouse in Limassol, Limassol neighborhood

* A luxurious 5 bedroom penthouse with magnificent sea views and stunning modern design located opposite the beach in the Amathousia area, in a secure complex with automatic gates, landscaped garden, tennis court and large communal pool with sun loungers and gazebo. The apartment is fully renovated with high quality materials. Covered area 380 sqm - 5 bathrooms (3 en-suite bedrooms, main one with Jacuzzi) - Sauna - Parquet flooring in bedrooms - Built-in closets - Air conditioning - Four bedrooms open onto covered balconies - Lighting - Kitchen finished with imported granite and equipped with Bosch stainless steel appliances'.

Additional details

Property type

Residential Properties

Object type

Penthouse

Price

2 936 934 $

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 (2 936 934 $) 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).

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