Panathinaikos Limassol B.C. is a professional basketball club based in Limassol, Cyprus.
The club was founded in 1996[1] and one season later (1997–98), were promoted to the Division A and ranked 5th.[1] The same season the club played in the FIBA Korać Cup and eliminated in the first round by the then competition runners-up of Crvena zvezda[2] The 1999–2000 season, Panathinaikos Limassol reached the final of Cypriot Basketball Cup where it lost 67–72 by Achilleas Kaimakli.
Runners-up (1): 1999–2000