The project offers custom villas with construction completed just 18 months after signing the contract. Villas feature landscaped gardens, pools, private parking for 2 cars with a charge point, a BBQ area, and a summer kitchen.
Each villa has a separate entrance through electric gates and is equipped with a security system featuring alarms and cameras.
Villas come with underfloor heating, a hidden VRV cooling system, and include a laundry room, storeroom, and utility room. The property boasts an A+ efficiency rating due to photovoltaic panels installed.
Villa with a plot of at least 1000 m²
Readiness
18 months
Yield
ROI 5-7%
Housing type
Villas
Technologies
Landscaped garden
Private pool
BBQ
Private parking
Laundry room
Villas offer an easy access to supermarkets, international schools, local restaurants, bars, shops, and highways. The famous Blue Flag beach, boasting the highest water quality, is just a 15-minute drive away.
Proximity to urban infrastructure
Aspire British school
center of Paphos
St'George beach
Saint Neophytos monastery
Restaurant
16 min
9 min
Ayios Neofytos forest
17 min
12 min
15 min
15 min
Lot
(€)
Area
Rooms
Floor
The project offers a layout with 4 bedrooms featuring spacious open areas. Each villa includes bedrooms, a living room, an open kitchen, 4 bathrooms, a terrace, and parking.
Layouts
Finishing options
Get a consultation as well as a brochure on the project
with photos, detailed descriptions, layouts, and prices
Ceylon Homes
Tala is considered one of the most prestigious and comfortable suburbs for living. Located on a small hill, it is famous for its ancient streets in the style of the early twentieth century. The center is full of cafes, restaurants, craft shops. The monastery is just a couple of kilometers from the center of Tala.
Villas stand in a prestigious area of Cyprus close to all necessary facilities. The sea and nearest beaches are only a 12-minute drive away. Restaurants, shops, and cafes are within walking distance of the project.
Surroundings
Ayios Neofytos Forest
Monastery
The Saint Neophytos Monastery, just 1.2 kilometers away from the villa, attracts many pilgrims and believers throughout the year wishing to visit this holy place.
St’ George Beach
St' George beach has been awarded the international Blue Flag, annually given to beaches and marinas meeting high water quality standards.
British School
Aspire School offers the British national curriculum to children from four years old, enabling them to achieve GCSE, IGCSE, and A-Level qualifications.
Center of Paphos
One of the most beautiful and ancient cities of Cyprus, home to restaurants, shops, shopping centers, museums, and theaters.
A large forest with picturesque trails around Saint Neophytos Monastery.
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 make 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.