Modern 2-Bedroom Penthouse with Private Roof Terrace in the Heart of Limassol

This elegant two-bedroom penthouse apartment offers a rare opportunity to acquire a modern residence in one of Limassol’s most sought-after residential areas, Agios Nikolaos. Designed with contemporary architecture and efficient layouts, the apartment combines comfort, style, and strong investment potential in the heart of the city.

Located on the top floor of a boutique residential development, the property enjoys generous natural light, a functional interior layout, and an impressive private rooftop terrace ideal for relaxing, entertaining guests, or enjoying the Mediterranean climate. The development itself consists of only nine exclusive residences, creating a quiet and private living environment.

For investors seeking stable passive income, the developer offers an attractive 3-year rental guarantee program. Under this model, the investor receives €1,900 per month (€22,800 annually) with no operational costs or management responsibilities, providing a secure and predictable income stream from day one.

Alternatively, investors who prefer to manage the property independently can benefit from the full rental potential of the apartment, with estimated monthly rental income of approximately €2,550 (€30,600 annually), representing a projected yield of around 7.2%. This flexible structure makes the property particularly attractive for buyers looking to combine capital appreciation with strong rental performance.

Situated just 1.2 km from the Mediterranean Sea and minutes from Makariou Avenue, Spyrou Kyprianou Avenue, and Limassol’s main commercial districts, the residence offers immediate access to restaurants, shopping, and business hubs. As Limassol continues to grow as Cyprus’ leading international business center, properties in central locations such as Agios Nikolaos continue to experience strong demand from both local and international tenants.

Property Specifications

• Property Type: Penthouse Apartment
• Bedrooms: 2
• Bathrooms: 2
• Parking Spaces: 1

• Indoor Area: 75 m2 (807 sq ft)
• Covered Veranda: 12 m2 (129 sq ft)
• Private Roof Terrace: 51 m2 (549 sq ft)

• Total Area: 138 m2 (1,485 sq ft)

• Distance to the Sea: 1.2 km
• Status: Off-plan
• Completion: December 2027

Price: €425,000 + VAT

Investment Performance

Rental Guarantee Program (First 3 Years)

• Guaranteed Monthly Income: €1,900
• Guaranteed Annual Income: €22,800
• Guaranteed Yield: 5.4%

Estimated Market Rental Performance

• Estimated Monthly Rental: €2,550
• Estimated Annual Rental: €30,600
• Estimated Yield: 7.2%

Amenities & Features

• Boutique residential development (9 units)
• Penthouse residence with private roof terrace
• Optional private jacuzzi on rooftop
• Modern architectural design
• Bright open-plan living spaces
• High-quality construction materials
• Private parking space
• Walking distance to major commercial streets
• Close to restaurants, cafes, and shops
• 1.2 km from the Mediterranean Sea
• Strong rental demand area in central Limassol