Apartment building in panthea

An exceptional investment opportunity awaits in the prestigious area of Panthea. This under renovation building and scheduled for completion in October 2026, offers a total of 900 m² of covered internal space plus 186 m² of covered verandas. Comprising 12 contemporary apartments, this project is ideal for investors seeking high rental yield potential, long-term capital growth, or a premium residential portfolio.

Selling price: €4,500,000

VAT (19%): €855,000

Total acquisition cost: €5,355,000

? Rental Income (Long-Term)

Rental Assumptions (Long-Term)

2-bedroom (small size, 1 bathroom): €2,000 / month

1-bedroom: €1,400 / month

3-bedroom: €3,000 / month

? Apartment Mix

8 × 2-bedroom apartments

2 × 1-bedroom apartments

2 × 3-bedroom apartments

Total apartments: 12

? Monthly Rental Income

2-Bedroom Apartments

8 × €2,000 = €16,000 / month

1-Bedroom Apartments

2 × €1,400 = €2,800 / month

3-Bedroom Apartments

2 × €3,000 = €6,000 / month

? Total Rental Income

Total Monthly Rental Income:

€24,800

Total Annual Rental Income:

€297,600

Gross Yield (on total cost – incl. VAT)

€297,600 ÷ €5,355,000 = 5,5% gross yield

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Building Features

Total Covered Area: 900 m²

Covered Verandas: 180 m²

Plot: 1102 m2

Apartments: 12 units

Three floors of 4 apartments each floor

Floor 1:

Flat 101: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 102: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 103: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 104: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Floor 2

Flat 201: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 202: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 203: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Flat 204: 2 bedrooms, 1 bathroom, 75 sq.m. internal area, 15 sq.m. covered veranda, storage, parking

Floor 3

Flat 301: 3 bedrooms, 2 bathroom, 100 sq.m. internal area, 20 sq.m. covered veranda, storage, parking

Flat 302: 1 bedroom, 1 bathroom, 50 sq.m. internal area, 10 sq.m. covered veranda, storage, parking

Flat 303: 1 bedroom, 1 bathroom, 50 sq.m. internal area, 10 sq.m. covered veranda, storage, parking

Flat 304: 3 bedrooms, 2 bathroom, 100 sq.m. internal area, 20 sq.m. covered veranda, storage, parking

Energy Efficiency: Class A

Underfloor Heating: Included throughout

Elevator: Yes

Status: Under Renovation

Delivery: October 2026

Furnishing: Unfurnished

Designed with modern living in mind, the building features open-plan layouts, large floor-to-ceiling windows, and an architectural style that maximizes natural light. The elevated position of Panthea provides panoramic mountain and sea views, giving future residents a sense of luxury and tranquility.

With Energy Efficiency Class A and underfloor heating throughout, the building ensures superior comfort, reduced utility costs, and long-term sustainability—appealing to both residents and investors.

Premium Amenities:

Future occupants of this exclusive development will enjoy:

Communal swimming pool

Fully equipped fitness gym

Secure building entrance

Modern elevator servicing all floors

These high-end facilities enhance the building’s rental appeal and provide a resort-style living experience.

Prime Location – Panthea

Panthea is one of Limassol’s most sought-after residential neighborhoods, known for its:

Peaceful and prestigious environment

Breathtaking mountain and sea views

Quick access to the highway and city center

Close proximity to private schools, supermarkets, cafés, shops, and essential amenities

This strategic location consistently attracts families, professionals, and long-term renters—making it an outstanding choice for investors.

Why This Building Is a Top-Tier Investment

✔ Brand-new 12-apartment residential project

✔ Strong demand area with excellent rental potential

✔ Energy Efficiency Class A + Underfloor heating

✔ Premium shared amenities (pool & gym)

✔ Modern design with large verandas

✔ Ideal for long-term portfolio growth or rental income strategy

✔ Scheduled delivery October 2026

This exclusive development is proudly presented by Lextrus Real Estate.

? Contact us today for detailed plans, pricing, or to arrange an on-site consultation.