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Limassol
Limassol | Limassol

The Palette of

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Gregory Kiourtzidis
Gregory Kiourtzidis
Presented At
€11,600,000
Bedrooms
3
Living
5,813
SQFT
Elevator
Fitness Center / Gym
Jacuzzi
Wine Cellar
Sauna
Terrace
Parking
Balcony
Tennis Court
Gate
Pool
Water View
Beachfront
Sea View
Waterfront
Seafront
Privacy
Investment Property
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Limassol, Limassol, Cyprus. , Limassol , Limassol

Exquisite Two-Level 4-Bedrooms Penthouse on the Seafront

This extraordinary penthouse spans the top two floors of one of the first high-rise complexes on Limassol's beachfront, delivering panoramic sea views, exceptional privacy, and unparalleled luxury. Located steps from the beach and within walking distance to Limassol’s city center, the residence offers immediate access to fine dining, premium shopping, and the city’s vibrant lifestyle—all within a secure, serviced environment. Property Highlights: Total Area: 1,037 m² Interior: 540 m² Verandas: 440 m² Common/Technical areas: 57 m² Interior Features: DoubleSmart home automation systemIntegrated audioDesigner solid wood cabinetry and premium brand furnishingsKitchen with highLift with direct accessExpansive teakPrivate rooftop swimming pool with Italian mosaic finishOutdoor hydromassage and custom24/7 concierge, valet & security serviceDirect private access to the beach via pedestrian bridgeIndoor & outdoor pools, spa, tennis court, gym, wine cellar, and country clubOnPrivate underground parking with elevator access Investment Information: This is a resale opportunity. The property is currently rented at

Property

3D Street View Tour

Map showing Limassol, Limassol, Cyprus.

Property Location

Limassol, Limassol, Cyprus., Limassol Limassol

Local Weather & Climate

Limassol, Limassol

Current Conditions Updated recently
61 °F
Clear sky
Feels Like 60°F
Humidity 63%
Wind 22 mph
Visibility 6.2 mi
Sunrise 4:01 AM
Sunset 3:53 PM
5-Day Forecast
Sat 14 Mar
Rain
High 60°
Low 58°
Sun 15 Mar
Rain
High 60°
Low 56°
Mon 16 Mar
Clouds
High 65°
Low 55°
Tue 17 Mar
Clouds
High 63°
Low 53°
Wed 18 Mar
Clouds
High 69°
Low 57°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Limassol?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

€
%
€100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Limassol. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $11,600,000 20% down ($2,320,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$997
$997/day
Your home may appreciate while you sleep
$6,997/week $30,319/mo $363,827/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$6.4M
vs
OWN 📈 +$9.1M
$9.1M Potential Equity
vs $6.4M lost to rent over 10 years
$2.3M Down Payment Growth
3.9x
10yr
$9.1M
8.1x
20yr
$18.7M
12.6x
30yr
$29.3M
Wealth Comparison
×70
Equivalent to 70 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $29.3M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $13.7M +18%
Market $15.8M +36%
Optimistic $18.2M +57%
$9.1M est. equity
20 Years
Conservative $16.1M +39%
Market $21.5M +85%
Optimistic $28.6M +147%
$18.7M est. equity
30 Years
Conservative $18.9M +63%
Market $29.3M +153%
Optimistic $45.0M +288%
$29.3M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at Limassol, Limassol, Cyprus features 3 bedrooms with 5,813 square feet of living space.
This property offers 5,813 square feet of living space.
This property is listed at $1,160,000,000, which equals $199553 per square foot.
Based on current market indicators, Limassol shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Limassol, Limassol. The property is situated in an established neighborhood with convenient access to local amenities and services.
Gregory Kiourtzidis

Gregory Kiourtzidis

John Taylor Cyprus

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Nadia Tarnaeva

Nadia Tarnaeva

John Taylor Cyprus

View Full Profile

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