Residential complex Penthaus 21 v komplekse Olivea Residences Limassol Kipr

Limassol District, Cyprus

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$456,465

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ID: 38184

Last update: 10/07/2026

Location

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Country

Cyprus
Region

Limassol District

About the complex

Olivea Residences Limassol | Cyprus

Olivea Residences is a boutique project consisting of only 10 modern apartments located in the lively area of Agios Ioannis, Limassol.

Price: EUR 399,000 + VAT

This apartment is eligible for permanent residence in South Cyprus (accelerated procedure).

Characteristics of apartment

Planning - 2+1
Total area: 132 m2
Internal area - 78 m2
Covered veranda - 15 m2
Spacious roof terrace - 39 m2 (possibility of Jacuzzi installation)
Parking space and pantry included

Rental income (estimation):

Long-term: €2,450/mo → €29,400/year (~7.3%)
Guaranteed (with furniture package): €1,850/month → €22,200/year (~5.5%)

Capital gains:

Expected cost growth - +20-30% by the time of project delivery

Projected post-construction price: €520,000–€550,000+

Location:

1km to the beach
Within a radius of 1 km to supermarkets, cafes, schools, transport
A few minutes from Limassol Marina and the Old Town
Convenient access to the main city highways and business centers

Agios Ioannis, Limassol is a dynamic area in the city center, just 1 km from the sea, near Limassol Marina, Old Town, schools, universities, shops, cafes and transport stops. Easy access to business centers and main roads.

For more information on this project, please call/write us.

Property characteristics

Property parameters

Class

Premium class
The year of construction

Completed
Finishing options

Finished

Interior details

Security features:

Security

Repair features:

Rough finish

Exterior details

Parking features:

Parking

Exterior features:

Swimming pool
Gym
Fenced area
Elevator

Additionally

Management company
House leased
Online tour
Granting a residence permit

Location on the map

Limassol District, Cyprus

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Finance

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