About this development
Platon Apartments is a small new residential building on Pallados Street in Agios Ioannis, a residential district of Limassol, Cyprus. Its five apartments are offered for sale as new-build homes: four 1-bedroom flats on the first and second floors and one 2-bedroom flat that takes up the whole third floor. A commercial unit for a shop or office occupies the ground floor.
The 1-bedroom apartments have 50 to 52 m² of interior space plus a 14 m² covered veranda, 64 to 66 m² in total. The 2-bedroom apartment has 83.7 m² inside and a 31 m² roof terrace, partly covered and partly open, for 114.7 m² in total. Every flat has a bathroom, a separate WC, one parking space and one storage room; the building has covered parking and a storage level on the roof.
Agios Ioannis is a green, quiet neighbourhood north-west of the old centre of Limassol. By car, a school and kindergarten are about 2 minutes away and Limassol Marina about 6 minutes. The compact 1-bedroom flats suit a first home in the city, a base for part of the year or letting; the top-floor flat suits a couple or a small family who want outdoor space.
Available units
3 available · 2 sold
| Unit | Type | Floor | Beds | Baths | Covered | Price | Status | |
|---|---|---|---|---|---|---|---|---|
 102102 | Apartment | 1 | 1 | 1 | 66 m² | €230,000+VAT | Available | Enquire about this unit |
 201201 | Apartment | 2 | 1 | 1 | 64 m² | €240,000+VAT | Available | Enquire about this unit |
 202202 | Apartment | 2 | 1 | 1 | 66 m² | €247,500+VAT | Available | Enquire about this unit |
Development Plans 7
LimassolAgios Ioannis
Agios Ioannis is a quarter in the western part of central Limassol, about one and a half kilometres west of the castle, bordered by Katholiki to the east and Tsiflikoudia to the south. Its parish church is dedicated to St John the Merciful. Franklin Roosevelt Avenue, where the KEO brewery stands, passes through its southern part towards the new port. The Nicos Solomonides Arena of AEL and the indoor hall of Apollon are here, as are the Agios Antonios gymnasium and lyceum and the Water Museum. It suits buyers who want a central base between the old town and the port.
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Apartments for Sale in Agios Ioannis, Limassol, Cyprus
Platon Apartments is a five-flat residential building on Pallados Street in Agios Ioannis, postcode 3016. Agios Ioannis belongs to the Municipality of Limassol and lies north-west of the old city centre. The brochure describes the area as green and calm and places it within a short drive of Limassol Marina and the Old Town. The building holds four 1-bedroom apartments, one 2-bedroom apartment and a commercial unit on the ground floor. Two flats share each of the first two floors, and the third floor holds a single flat, so every buyer has at most one neighbour on the landing.
Five Apartments on Three Floors Above a Ground-Floor Commercial Unit
The layout of the building is easy to follow. The ground floor holds a commercial unit intended for a shop or an office. The building also has covered parking and storage rooms. Floors one and two each contain two 1-bedroom apartments, numbered 101 and 102, and 201 and 202. Floor three is given over to apartment 301, the 2-bedroom flat with the roof terrace. Above it sits a storage level on the roof.
The brochure designates the ground-floor unit as space for a shop or an office. If a shop opens there, residents will have it at their own front door. The apartments begin one floor above street level, so every flat is raised above the street.
Interior, Veranda and Total Area of All Five Units
| Apartment | Floor | Bedrooms | Interior, m² | Veranda, m² | Total, m² |
|---|---|---|---|---|---|
| 101 | 1 | 1 | 50 | 14 (covered) | 64 |
| 102 | 1 | 1 | 52 | 14 (covered) | 66 |
| 201 | 2 | 1 | 50 | 14 (covered) | 64 |
| 202 | 2 | 1 | 52 | 14 (covered) | 66 |
| 301 | 3 | 2 | 83.7 | 31 (roof terrace, covered and open) | 114.7 |
Every apartment has one bathroom and a separate WC, one parking space and one storage room.
Four 1-Bedroom Apartments of 64 to 66 m² on Floors One and Two
The four 1-bedroom flats come in two almost identical sizes. Units 101 and 201 have 50 m² of interior space; units 102 and 202 have 52 m². Each has a covered veranda of 14 m². The separate WC next to the bathroom means guests do not need to use the main bathroom, which is practical in a flat of this size. Anyone looking for a 1 bedroom apartment for sale in Limassol with its own parking space and storage room will find four such units here, two per floor.
The 2-Bedroom Top-Floor Flat with a 31 m² Roof Terrace
Apartment 301 is the only unit on the third floor. It has 83.7 m² of interior space and 31 m² of veranda laid out as a roof terrace, partly covered and partly open to the sky, for 114.7 m² in total. Because it is alone on its floor, there is no neighbouring flat on the same landing. The covered part of the terrace gives shade in summer, and the open part can be used for sun in the cooler months. Like the smaller flats, it has one bathroom, a separate WC, a parking space and a storage room.
Interior Finishes Shown in the Brochure Visualisations
The interior images in the brochure are visualisations and show the intended style. They use a warm neutral palette, a built-in kitchen with wood-tone upper cabinets and marble-effect floors. The brochure itself sums up the project as 1-2 bedroom apartments with covered verandas and storages.
Approximate Driving Times from Pallados Street
The brochure gives these approximate drive times and distances by car. Actual times depend on traffic.
- ATM and bank: about 2 minutes (0.5 km)
- Pythagoras School and Kindergarten: about 2 minutes (0.6 km)
- AETOS stadium: about 3 minutes (0.8 km)
- Limassol shopping centre: about 2 minutes (2.2 km)
- Limassol Marina: about 6 minutes (2.1 km)
- Sklavenitis supermarket: about 7 minutes (2.3 km)
- City of Dreams Mediterranean: about 7 minutes (6.3 km)
- Limassol Old Town: about 12 minutes (2.2 km)
- My Mall: about 12 minutes (6.1 km)
- Paphos airport: about 47 minutes (58 km)
- Larnaca airport: about 50 minutes (70 km)
What the Price List Covers and What Buyers Add on Top
Each apartment comes with its own parking space and its own storage room. Prices on the developer's list exclude VAT and the Land Registry transfer fees, which is the normal way new builds are quoted in Cyprus. Both items belong in the budget from the first day, together with the cost of a lawyer who checks the contract and the title.
VAT and Residency Rules When Buying a New Apartment in Cyprus
New residential property in Cyprus carries 19 % VAT as standard. A reduced rate of 5 % applies when the home becomes the buyer's main permanent residence. It covers the first 130 m² and the first 350 thousand euros of value. It is not available for homes larger than 190 m² or with a total value above 475 thousand euros, and the home must remain the main residence for ten years. Whether a particular flat qualifies depends on its price on the day of purchase and on the buyer's own situation, so it is checked unit by unit.
Cyprus also grants permanent residency under Category 6.2 to buyers of a new home from a developer worth at least 300 thousand euros plus VAT, combined with a secured annual income of 50 thousand euros, plus 15 thousand for a spouse and 10 thousand per child. Whether a purchase in this building fits that route depends on the agreed price and is assessed case by case.
Who the Agios Ioannis Flats Suit
The four 1-bedroom apartments fit a single buyer or a couple looking for a first home in Limassol, someone who needs a base in the city for part of the year, or a buyer who plans to let the flat. The 2-bedroom apartment on the top floor suits a couple who want a second room for an office or guests, or a small family who want outdoor space on the roof. All five share the same address: a quiet residential street in Agios Ioannis, within a short drive of the Marina and the Old Town.