The project offers custom-built villas to be constructed 18 months after the signing of contract. Villa territories are equipped with landscaped gardens, a pool, private parking for 2 vehicles with a charging point, a BBQ area, and a summer kitchen.
Each villa features a separate entrance through electric gates and is secured with an alarm system and cameras.
Villas are equipped with underfloor heating, a hidden VRV cooling system, and additional commodities such as a laundry, a storage room, and utility room. The properties boast an A+ efficiency rating thanks to the photovoltaic panels installed.
Villa with a private plot of at least 720 m²
Readiness
18 months
Yield
ROI 5-7%
Housing type
Villas
Technologies
Landscaped garden
Private pool
BBQ
Private parking
Laundry room
The villas offer easy access to supermarkets, international schools, local restaurants, bars, shops, and highways. The famous SODAP beach, awarded the Blue Flag for highest water quality, is only a 13-minute drive away.
Proximity to urban infrastructure:
King's Avenue Mall
City center
SODAP beach
Airport
Supermarket
22 min
15 min
Private hospital
10 min
7 min
14 min
13 min
Lot
(€)
Area
Rooms
Floor
The project offers layouts 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
Verna Homes
Konia is a traditional village on a hillside offering panoramic views of the city of Paphos. The center of Konia hosts a church, a variety of traditional taverns, restaurants with Cypriot cuisine, and pharmacies. Paphos, in its turn, combines pristine beaches, stylish boutiques, cafes, and world-class restaurants with colorful archaeological monuments.
Villas in Konia are nestled in nature. Supermarkets, King’s Avenue Mall, restaurants, beaches, and international schools are all within a 10-15 minute drive.
Surroundings
Kings Avenue Mall
British School
Aspire School offers the British national curriculum for children from four years old, enabling them to achieve GCSE, IGCSE, and A-Level qualifications.
Konia Village
Konia, with its rich history combined with modern conveniences, becomes an ideal place for living.
Coral Bay
Coral bay is a famous bay where magnificent resorts and hotels are located. It attracts people with its sea views and beaches with golden sand.
Archaeological Park
Paphos is of outstanding universal value and is included in the official list of cultural and natural treasures of the world heritage of UNESCO.
A conceptual shopping center in the heart of Paphos, the most modern in Cyprus, undoubtedly the best shopping destination.
Aphrodite's Rock
A sea stack in Paphos, blending the area's beauty with its significance in Greek mythology as the birthplace of the goddess Aphrodite.
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.