Are there any extra costs or taxes beyond the asking price when buying a penthouse in Cyprus?

Penthouse purchases involve the same standard costs, plus potential premium charges: higher transfer fees reflecting the purchase price; lift maintenance contributions; roof-terrace licence fees; higher building insurance premiums; special permits for roof modifications; additional legal fees for complex contracts. Budget for higher ongoing maintenance costs and fees for exclusive amenities if the building offers premium services.

Are there any particular legal requirements or restrictions for foreign buyers purchasing penthouses in Cyprus?

The same legal requirements apply as for any property purchase; however, non-EU citizens must obtain approval from the Council of Ministers. Penthouses may involve additional considerations, including: verification of roof rights; permission for balcony and terrace use; compliance with building-height regulations; valid certificates of completion; specific structural works requiring engineering approval. Ensure any roof modifications comply with the requirements of the local planning authority.

What are the steps and legal requirements for a foreigner to buy a penthouse in Cyprus?

Follow the standard property purchase process: Obtain approval from the Council of Ministers if you are a non-EU citizen. Conduct thorough due diligence, including verification of roof rights. Instruct an independent lawyer with experience in luxury property transactions. Secure financing if required. Complete the reservation and contract-signing process. Register the property and ensure title deed registration. Pay special attention to building management agreements and exclusive penthouse amenities included in the purchase.

Which areas in Cyprus offer penthouses with the best sea views?

Top areas for penthouses with sea views: Limassol Marina and the town centre: the most luxurious penthouses with panoramic sea views in high-rise developments. The coastal areas of Paphos: traditional charm with sea-view penthouses at more affordable prices. Larnaca's Finikoudes and Mackenzie: modern penthouses close to the beach. Ayia Napa and Protaras: resort-style penthouses, ideal for holiday homes. Consider factors such as building-height restrictions, future development plans, and proximity to amenities when choosing a location.

Cyprus penthouses for Sale

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Apartments in a high-rise residence on the seafront with swimming pools and a spa center, Limassol, Cyprus for From 845,000 €

First line to the sea!

2 weeks ago

Residential complex

Apartments in a high-rise residence on the seafront with swimming pools and a spa center, Limassol, Cyprus

Limassol, Cyprus

From 845,000 €

Total 330 units available from the developer

Completion in: 2027.I

1 bedroom from 845,000 €

3 bedrooms from 1,125,000 €

4 bedrooms from 3,998,000 €

5 bedrooms from 11,655,000 €

6 bedrooms from 16,845,000 €

Luxury apartments and villas in a gated residence with swimming pools, Chloraka, Cyprus for From 395,000 €

2 weeks ago

Residential complex

Luxury apartments and villas in a gated residence with swimming pools, Chloraka, Cyprus

Chloraka, Paphos, Cyprus

From 395,000 €

Total 320 units available from the developer

Completion in: 2027.I

2 bedrooms from 395,000 €

3 bedrooms from 410,000 €

Villas from 508,000 €

AI helps you find the right property fast

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Apartments in a modern gated community with green areas, Limassol, Cyprus for From 795,000 €

Rental yield from 7%

1 week ago

Residential complex

Apartments in a modern gated community with green areas, Limassol, Cyprus

Limassol, Cyprus

From 795,000 €

Total 8 units available from the developer

Completion in: 2026.IV

5 bedrooms from 795,000 €

Apartments in a gated community with pool and gardens close to the beach and city center, Limassol, Cyprus for From 420,000 €

2 weeks ago

Residential complex

Apartments in a gated community with pool and gardens close to the beach and city center, Limassol, Cyprus

Limassol, Cyprus

From 420,000 €

Total 68 units available from the developer

Built in 2026

1 bedroom from 420,000 €

2 bedrooms from 770,000 €

3 bedrooms from 900,000 €

4 bedrooms from 2,390,000 €

Residential complex

New low-rise residence in Paphos, Cyprus

Paphos, Cyprus

From 530,000 €

Total 6 units available from the developer

Built in 2025

2 bedrooms from 530,000 €

Residential complex

Residence with a swimming pool close to the places of interest, Paphos, Cyprus

Paphos, Cyprus

From 870,000 €

Total 9 units available from the developer

Built in 2024

3 bedrooms from 870,000 €

Ekaterina Abramchik

Эксперт Tranio по зарубежной недвижимости

Cyprus permanent residence via property investment from €300,000

Residence for the whole family, tax benefits, and a Cypriot passport after 7 years

Request terms and properties

Residential complex

Prestigious apartments in a new residential complex near the beach, Agios Tychonas, Limassol, Cyprus

Agios Tychonas, Limassol, Cyprus

From 670,000 €

Total 34 units available from the developer

Completion in: 2027.II

2 bedrooms from 670,000 €

3 bedrooms from 1,200,000 €

Residential complex

Penthouse with a roof-top garden near the marina, Livadia, Cyprus

Livadia, Larnaca, Cyprus

From 372,000 €

Total 18 units available from the developer

3 bedrooms from 372,000 €

Modern residence with a swimming pool at 900 meters from beaches, Limassol, Cyprus for From 380,000 €

Permanent residence

3 months ago

Residential complex

Modern residence with a swimming pool at 900 meters from beaches, Limassol, Cyprus

Limassol, Cyprus

From 380,000 €

Total 26 units available from the developer

Completion in: 2026.IV

Studios from 380,000 €

2 bedrooms from 710,000 €

3 bedrooms from 980,000 €

Residential complex

Gated residence with a swimming pool close to the sea, Germasogeia, Cyprus

Germasogeia, Limassol, Cyprus

From 440,000 €

Total 17 units available from the developer

1 bedroom from 440,000 €

2 bedrooms from 530,000 €

3 bedrooms from 640,000 €

4 bedrooms from 1,150,000 €

New residence with a swimming pool, Agios Tychonas, Cyprus for From 380,000 €

1 week ago

Residential complex

New residence with a swimming pool, Agios Tychonas, Cyprus

Agios Tychonas, Limassol, Cyprus

From 380,000 €

Total 16 units available from the developer

Built in 2025

1 bedroom from 380,000 €

2 bedrooms from 599,000 €

Residential complex

New gated complex of villas and apartments with a swimming pool and green areas close to the beach, Mouttagiaka, Cyprus

Mouttagiaka, Limassol, Cyprus

From 864,000 €

Total 31 units available from the developer

Built in 2023

2 bedrooms from 864,000 €

Villas from 1,950,000 €

New luxury residence with a swimming pool and conference rooms, Limassol, Cyprus for From 950,000 €

Rental yield from 7%

1 week ago

Residential complex

New luxury residence with a swimming pool and conference rooms, Limassol, Cyprus

Agios Athanasios (Cyprus), Limassol, Cyprus

From 950,000 €

Total 28 units available from the developer

3 bedrooms from 950,000 €

Residential complex

Low-rise residence near the beach and the promenade, Larnaca, Cyprus

Larnaca, Cyprus

From 310,000 €

Total 8 units available from the developer

2 bedrooms from 310,000 €

3 bedrooms from 326,000 €

Permanent residence

Residential complex

Exclusive apartments in a new residential complex on the seafront, Germasogeia, Limassol, Cyprus

Germasogeia, Limassol, Cyprus

From 4,725,000 €

Total 174 units available from the developer

Built in 2021

3 bedrooms from 4,725,000 €

Sea view

Six-level luxury penthouse with a private pool and a winter garden, Limassol, Cyprus

Limassol, Cyprus

16,000,000 €

Total area 1,082 m² · 8 bedrooms · 8 bathrooms

Residential complex

1 new object in residential complex in Mouttagiaka

Mouttagiaka, Limassol, Cyprus

From 864,000 €

Total 1 unit available from the developer

Built in 2023

2 bedrooms from 864,000 €

3 bedrooms from 1,142,000 €

Villas from 1,250,000 €

Residential complex

1 new object in residential complex in Universal

Universal, Paphos, Cyprus

From 349,000 €

Total 1 unit available from the developer

Built in 2026

2 bedrooms from 349,000 €

3 bedrooms from 635,000 €

Residential complex

5 new objects in residential complex in Geroskipou

Geroskipou, Paphos, Cyprus

From 285,000 €

Total 5 units available from the developer

Built in 2026

Studios from 285,000 €

2 bedrooms from 320,000 €

3 bedrooms from 400,000 €

Residential complex

10 new objects in residential complex in Livadia

Livadia, Larnaca, Cyprus

From 245,000 €

Total 10 units available from the developer

Completion in: 2027

2 bedrooms from 245,000 €

3 bedrooms from 460,000 €

With swimming pool

3-bedroom penthouse 130 m² in Paphos

Paphos, Cyprus

1,000,000 €

Total area 130.4 m² · 3 bedrooms · 3 bathrooms

Residential complex

13 new objects in residential complex in Agios Tychonas

Agios Tychonas, Limassol, Cyprus

From 440,000 €

Total 13 units available from the developer

Completion in: 2027

Studios from 440,000 €

3 bedrooms from 950,000 €

4 bedrooms from 1,390,000 €

Residential complex

1 new object in residential complex in Neapolis

Neapolis, Limassol, Cyprus

From 590,000 €

Total 1 unit available from the developer

Built in 2025

3 bedrooms from 590,000 €

Residential complex

29 new objects in residential complex in Agios Tychonas

Agios Tychonas, Limassol, Cyprus

From 990,000 €

Total 29 units available from the developer

Built in 2026

Studios from 990,000 €

2 bedrooms from 1,910,000 €

3 bedrooms from 2,480,000 €

4 bedrooms from 6,960,000 €

Residential complex

2 new objects in residential complex in Agios Athanasios (Cyprus)

Agios Athanasios (Cyprus), Limassol, Cyprus

From 319,000 €

Total 2 units available from the developer

Studios from 319,000 €

2 bedrooms from 419,000 €

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Penthouses for sale in Cyprus

Penthouses for sale in Cyprus