The complex is equipped with a shared gym. The complex has parking, a communal swimming pool with changing rooms and recreation areas, and a storage room for each apartment. The territory is guarded around the clock.
The interiors are rented with a fine finish and equipped with plumbing. Owners can choose the color and material of cabinets and cabinets to order. The apartments are equipped with a VRV air conditioning system. And photovoltaic equipment is installed on the roofs to ensure energy efficiency.
The project consists of five apartment buildings, carefully designed in such a way as to maximize the breathtaking panoramic sea views that can be enjoyed from almost every apartment.
Apartment with panoramic views of the Mediterranean Sea
Readiness
2024 year
Yield
ROI 5-7%
Housing type
Villas
Private parking
Private swimming pool
Landscaped area
Panoramic windows
Alarm system
Balcony
Geroskipou offers the necessary amenities, including educational institutions and a variety of restaurants for every taste. And the center of Paphos, with its many shops, restaurants and beaches, can be easily reached by car.
3 kilometers from the sea
supermarket
the center of Paphos
13 min
11 min
golf club
airport
15 min
6 min
Rikkos beach
King's Avenue Shopping Center
5 min
12 min
The project offers apartments and penthouses with access to the roof. There are 3 types of layouts with 1, 2 or 3 bedrooms, a spacious living room, bathrooms and a balcony.
Layouts
Lot
(€)
Area
Rooms
Floor
Lot
(€)
Area
Rooms
Floor
Lot
(€)
Area
Rooms
Floor
Finishing options
Get a consultation as well as a brochure on the project
with photos, detailed descriptions, layouts, and prices
Panorama
The city of Paphos, located on the western side of the island, is considered the pearl of Cyprus. The mild climate, vibrant atmosphere, variety of landscape and historical sites that define the region form the attractiveness of Paphos.
The Geroskipou area owns the popular Rikkos beach, which stretches for 1.5 kilometers. There are also restaurants offering seafood dishes. And if you are a family with children, then you can visit the nearby Luna Park and the famous Aphrodite Water Park.
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 whose water meets high standards characteristics.
Water park
The water park offers a variety of entertainment for both adults and children.
The center of Paphos
Paphos offers a diverse modern culture. The city has everything you want, whether you want to relax or do various activities.
Elea Golf Park
Elea Golf Club has the award "Top-10 New International Golf Courses."
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.
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.
The construction company in Paphos has been operating since 2002 and is a permanent member Cyprus Chamber of Commerce and Industry. One of the key projects is a residential complex for the elderly with their own medical center, 24/7 access to a nurse, a large area for walking.
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.