The floors inside are lined with ceramic Italian tiles. The kitchen with open spaces and high functionality is made of a combination of MDF wood and lacquered glossy finish. Kitchen cabinets are made in Cyprus by a local carpentry factory. All materials and colors are selected individually by the customer.
The territory is equipped with: a barbecue area at the kitchen level with a place for outdoor entertainment, an electric gate for cars and an electric car charger
The project offers 19 carefully designed villas. Each villa, located on a plot of 300 m2 to 370 m2, offers the possibility of installing a private pool. The villas are built of a reinforced concrete frame consisting of solid timber, columns, beams and floor slabs in accordance with the seismic regulations of Cyprus and the EU.
Villa with a private plot of at least 300 m2
Technologies
Readiness
year 2024
Yield
ROI 5-7%
Housing type
Villas
Landscaped garden
Private swimming pool
Barbecue
Private parking
Laundry
The city center with a developed cultural infrastructure is 8 minutes from the complex. and an entertaining life: concerts, exhibitions, museums, restaurants. And Rikkos Beach is just 4 minutes away by car and has an international blue flag award, awarded annually to beaches and marinas whose water meets high quality standards.
Proximity to urban infrastructure
airport
supermarket
17 мин
20 мин
private hospital
the center of Paphos
8 мин
5 мин
King's Avenue Shopping Center
Rikkos Beach
9 мин
4 мин
Comfort and adaptability
Each zone will have a hidden air conditioner on the suspended ceiling, which works with the VRV system. Underfloor heating is installed by a mechanical contractor. The temperature is controlled by panels and divided into two zones, one for each floor.
Innovative technologies
The villas are designed with full thermal insulation, ensuring energy efficiency of category A. A 4.8 kW photovoltaic system is installed on the roof of the villas, as well as energy-saving slimline aluminum windows.
Energy efficiency
The project offers 4 types of layouts, on the 1st floor there is a spacious living room combined with an open living and dining area, access to the terrace, a bathroom. On the 2nd floor there are 3 bedrooms, 2 bathrooms and a balcony.
Layouts
Lot
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Rooms
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Lot
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Area
Rooms
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Rooms
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Lot
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Finishing options
Get a consultation as well as a brochure on the project
with photos, detailed descriptions, layouts, and prices
Ocal Homes
Paphos is one of the most beautiful and ancient cities in Cyprus. Wherever you go, you will meet its glorious history dating back thousands of years. The Geroskipou area is known for its charming village atmosphere, traditional architecture and beautiful surroundings.
The proximity to the city center and Rikkos beach provides access to the best amenities that Paphos has to offer. Enjoy shopping at the Paphos Mall, just a 10-minute drive away. It is only 4 minutes to the center of Geroskipou village.
Surroundings
Kings Avenue Mall
A conceptual shopping mall located in the heart of Paphos. It is the most modern shopping mall in the whole of Cyprus and by far the best place to shop.
The British School
Aspire School offers the British National Curriculum to children aged four and over, which allows them to obtain GCSE, IGCSE and international A-level qualifications.
Rikkos Beach
The nearest beach is just 4 minutes away by car. The beach has an international blue flag award, awarded annually to beaches and marinas where the water meets high quality standards.
Water park
The water park offers a variety of entertainment for both adults and children.
Archaeological Park
The city of Paphos has an outstanding universal value and is included in the official list of cultural and natural treasures of the UNESCO World Heritage Site.
Coral Bay
The famous bay, where there are magnificent resorts and hotels overlooking the sea and golden sand beaches.
40%
During construction
50%
Upon receiving the keys
The apartment can be paid for through installments, a 100% payment, or by using a credit program.
Payment schedule
10%
Upon reservation
The project broker will conduct a presentation on-site or online and will also provide consultations on other properties.
Oleas Homes is an elite private developer and A-class construction company based in Paphos. The company offers boutique services specializing in the development and construction of custom real estate properties.
Answering questions about permanent residency (PR) in Cyprus
Cyprus' investment program allows obtaining permanent residency by purchasing real estate worth €300,000 or more.
An investor with a legal income of €50,000 per year, over 18 years old, without criminal records, sanctions, restrictions, and bans on entering EU and UK countries, with health insurance. PR is issued for the entire family of the applicant, including the spouse, children up to 25 years old, and the parents of the main applicant and spouse.
PR is issued for life, provided the conditions are met.
Preliminary check and consultation with immigration specialists; inspection and purchase of real estate; preparation of documents; application submission to the Cyprus Immigration Service; consideration of the application; after reviewing the application and making a positive decision, the applicant receives an immigration certificate.
The investment property must be new housing directly from the developer. The purchase of secondary real estate is not allowed. PR can be obtained by buying several properties, not just one.
PR holders without tax residency do not need to pay taxes on foreign income, including dividends. Taxes are only paid on income earned in Cyprus. Additionally, Cyprus has no inheritance tax, low income, and property tax rates.
Yes, all investments can be returned after the expiration of the PR term or upon obtaining citizenship.
It is necessary to visit the country once to submit biometric data. The investor must annually provide proof that he maintains investments and all his family members have health insurance. Every three years, adult family members must provide certificates of no criminal record.
The requirements are simple, just visit at least once every two years.
The possibility to obtain Cyprus citizenship after 5 years; the possibility to open an account in a local bank; the possibility to obtain a loan; visa-free entry to EU countries; the possibility for children to study in local schools; the possibility to obtain health insurance.
In addition to the main expenses, including payment for real estate and VAT, the investor bears additional expenses: state and registration fees, payment for legal and consulting services.
The status of a resident of Cyprus can be obtained in just 6 months.
The property must be owned until the end of the PR term or upon obtaining citizenship. If the investor sells the property, he must buy another object at the same or higher price.
Resident status allows for the application for Cyprus citizenship after 5 years, under all necessary conditions, and travel visa-free to 170+ countries around the world, including the European Union.