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2 bedroom penthouse 131 m² Limassol District, Cyprus

Cyprus
$455,883
$3,480/m²
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ID: 3835236
Property ID on Realting
Last update: 09/07/2026

Location

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  • Country
    Cyprus
  • Region
    Limassol District

Description

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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

Apartment parameters

  • Price per m²
    Price per m²
    $3,480/m²
  • Rooms
    Rooms
    3
  • Bedrooms
    Bedrooms
    2
  • Bathrooms
    Bathrooms
    2
  • Total area
    Total area
    131 m²

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2 bedroom penthouse 131 m² Limassol District, Cyprus
Cyprus
$455,883
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