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Private swimming pool
Master Plan
Velaro Homes is arranged across a single sloped site in the Sea Caves area of Pegia, with 19 individually plotted villas connected by a private internal road. The villas are distributed across the site in a loosely clustered layout, each set on its own plot with private parking, a pool area, and landscaped surroundings. A public green area of 175 sqm borders the eastern edge of the site, and an additional JIC green area of 1,255 sqm and 685 sqm open space sit along the western boundary. Villa types vary in orientation and footprint to suit the natural contours of the land.
Property Preview
Each villa at Velaro Homes is built around a single open-plan living, dining, and kitchen space that opens directly onto a covered veranda and private pool terrace. The architecture combines exposed concrete frames with natural stone cladding and full-height glazing, giving each home a calm, grounded quality that sits well within the Mediterranean landscape. Bedrooms are positioned to maximise privacy, with master suites typically set apart from secondary rooms across a second level.
Built for the Way You Want to Live
Thoughtful design, comfortable interiors, efficient systems, and carefully planned spaces come together to create a home that feels effortless from the moment you step inside.
Energy Class A
High-performance construction designed to improve insulation, reduce energy consumption, and support comfortable year-round living.
Photovoltaic System
Solar energy systems that help reduce electricity costs and make everyday living more efficient and sustainable.
Under Floor Heating
Discreet heating that provides even warmth throughout the home, creating a more comfortable and refined living environment.
VRV Cooling System
Efficient cooling and heating with precise room-by-room climate control for comfort in every season.
Velaro Homes Property Details
Key Features
Interiors Finished to High Standards
Every villa at Velaro Homes is finished with Italian-manufactured ceramic tiles in living areas, hallways, and kitchens, and engineered wood throughout the bedrooms. Bathrooms feature walk-in showers with 10mm tempered safety glass, wall-hung Ideal Standard WCs with concealed mechanisms, and vanity units in white oak with white techno granite worktops. Ceiling heights are generous throughout, with high doors in every room reinforcing the sense of space. Buyers choose from two curated finish packages: Bold or Light.
Interiors Finished to High Standards
Every villa at Velaro Homes is finished with Italian-manufactured ceramic tiles in living areas, hallways, and kitchens, and engineered wood throughout the bedrooms. Bathrooms feature walk-in showers with 10mm tempered safety glass, wall-hung Ideal Standard WCs with concealed mechanisms, and vanity units in white oak with white techno granite worktops. Ceiling heights are generous throughout, with high doors in every room reinforcing the sense of space. Buyers choose from two curated finish packages: Bold or Light.
Technology and Security Included as Standard
Each villa is equipped with a Satel security panel, wireless or wired motion sensors in every room, two touch keypads, an external siren, and four CCTV cameras accessible via phone, iPad, or TV. The VRV cooling system uses LG units concealed in false ceilings, operating via a central external unit with each room controlled independently. A 10.1kW photovoltaic system with solar panels is installed on every villa, alongside a dual solar and electric hot water system. A universal electric car charger is fitted in the garage.
Technology and Security Included as Standard
Each villa is equipped with a Satel security panel, wireless or wired motion sensors in every room, two touch keypads, an external siren, and four CCTV cameras accessible via phone, iPad, or TV. The VRV cooling system uses LG units concealed in false ceilings, operating via a central external unit with each room controlled independently. A 10.1kW photovoltaic system with solar panels is installed on every villa, alongside a dual solar and electric hot water system. A universal electric car charger is fitted in the garage.
Kitchens and Bathrooms Built to Last
Kitchens are custom-manufactured in Cyprus using a combination of white oak veneer and MDF cabinetry with soft-close mechanisms, Laminam Italian worktops, and a Franke sink and mixer. A Pentair Everpure H-104 water filter is installed under the counter. Built-in wardrobes reach a maximum height of 2.80m with a choice of sliding or hinged doors. Bathroom accessories, shower combinations, and basin mixers are all Ideal Standard, specified to match either the Bold or Light material package.
Kitchens and Bathrooms Built to Last
Kitchens are custom-manufactured in Cyprus using a combination of white oak veneer and MDF cabinetry with soft-close mechanisms, Laminam Italian worktops, and a Franke sink and mixer. A Pentair Everpure H-104 water filter is installed under the counter. Built-in wardrobes reach a maximum height of 2.80m with a choice of sliding or hinged doors. Bathroom accessories, shower combinations, and basin mixers are all Ideal Standard, specified to match either the Bold or Light material package.
Private Outdoor Living on Every Plot
Each villa has its own private swimming pool, covered veranda, louvred veranda area, and a dedicated barbecue space. Pools are tiled to the buyer's choice from the Bold or Light selection and can be fitted with a heating provision at extra cost. Private parking for two cars is included, with semi-covered parking as standard across most plots. The surrounding landscape is defined by Mediterranean scrubland and open sky, with sea views available from elevated plots in the development.
Private Outdoor Living on Every Plot
Each villa has its own private swimming pool, covered veranda, louvred veranda area, and a dedicated barbecue space. Pools are tiled to the buyer's choice from the Bold or Light selection and can be fitted with a heating provision at extra cost. Private parking for two cars is included, with semi-covered parking as standard across most plots. The surrounding landscape is defined by Mediterranean scrubland and open sky, with sea views available from elevated plots in the development.
Gallery
Technology
Energy Class A
High-performance construction designed to improve insulation, reduce energy consumption, and support comfortable year-round living.
Photovoltaic System
Solar energy systems that help reduce electricity costs and make everyday living more efficient and sustainable.
Under Floor Heating
Discreet heating that provides even warmth throughout the home, creating a more comfortable and refined living environment.
VRV Cooling System
Efficient cooling and heating with precise room-by-room climate control for comfort in every season.
Architecture
Insulation
Full thermal insulation is applied throughout, achieving Energy Efficiency Category A. It keeps interiors cool in summer and warm in winter while reducing energy demand year-round.
Luxury Finishes
State-of-the-art photovoltaic panels harness solar energy, reducing electricity costs and carbon emissions.
Built-in storage
High-performance 10 cm insulation ensures optimal thermal regulation, enhanced energy efficiency, and year-round comfort.
High Ceilings & Doors
High ceilings and oversized doors create an elevated sense of spaciousness and seamless indoor–outdoor transitions throughout the villa.
Specifications
Key Features
- Concealed VRV cooling and heating system
- High ceilings (2.95m+)
- Tall internal doors (2.40m+)
- Large covered verandas
- Electric car gate
- EV charger provision
- Covered parking per unit
- Private storage room
- Intercom access with camera
Energy Efficiency
- Energy Class A/A+ certification
- Full thermal insulation
- Slimline thermal aluminium window and door systems
- Photovoltaic system
- Solar water heating system
- Underfloor heating
- Double-glazed low-emission glass
Construction Quality
- Reinforced concrete frame (EU seismic code)
- Thermal and sound insulation between floors and walls
- Tempered safety glass balustrades
- Waterproofing with double membrane
- European-certified materials throughout
- 10cm insulation thickness
Interiors
- Fully fitted modern kitchen with stone worktop
- European ceramic tile flooring in living areas
- Laminate or engineered wood flooring in bedrooms
- Walk-in showers with premium fixtures
- Wall-mounted WC, Ideal Standard
- Built-in wardrobes with sliding or hinged doors
- Lacquered vanity unit with stone worktop
- Master en-suite bathroom
Comfort and Climate Control
- Concealed VRV system for precise temperature control per room
- Underfloor water heating with thermostats per floor
- Thermal insulation for year-round comfort
- Pressurised water system with instant hot water
- Solar and electric immersion hot water system
- Smart provisions for electric curtains and external shutters
Security and Technology
- Individual alarm system per unit
- Video intercom with camera at entrance
- High-security entrance door
- Electric car gate with remote access (in select properties)
- Smart home provisions
- CCTV with mobile access (in select properties)
Get Detailed Specifications
All specifications, materials, features, and finishes are indicative and may vary from unit to unit. Final details will be confirmed in the signed sales agreement and technical specifications document.
Request Full SpecificationsPricing & Availability
What's Included
Optional Extras
Customization
All availability, features, specifications, and pricing details are indicative and subject to change without prior notice. Final terms and inclusions will be confirmed in the signed sales agreement and technical specifications document.
Apartments and Villas
More Properties
Explore premium properties for sale in Cyprus, including luxury villas and modern apartments. Designed for comfort, quality, and long-term value, ideal for living, investment, or permanent residency.
Explore All PropertiesWhy Cyprus?
Discover the benefits of owning property in Cyprus
- Cyprus Tax Benefits
- Permanent Residency
- Cyprus Lifestyle
Cyprus Tax Benefits
Cyprus offers one of the most attractive tax regimes in Europe, with significant benefits for property investors and residents.
Corporate Tax
15% - one of lowest in EU
No Inheritance Tax
on worldwide assets
No Wealth Tax
for residents
VAT Reduction
5% for specific properties
Double Tax Treaties
65+ countries
Permanent Residency (PR)
Cyprus offers a fast-track permanent residency program for property investors, providing access to the EU and a high quality of life.
Fast Processing
Approval in 2-3 months
EU Access
Travel freely within Schengen
Family Inclusion
Spouse & dependents included
Investment Threshold
€300,000 minimum property
Lifetime Validity
No renewal required
Cyprus Lifestyle
Experience the Mediterranean lifestyle with year-round sunshine, stunning beaches, and a welcoming international community.
Sunshine
340+ sunny days per year
English Spoken
Widely spoken across island
Safe Environment
Low crime rates
Healthcare
High-quality private & public
International Schools
British, American & European curricula
The Olias Homes Difference
At Olias Homes, we go beyond selling properties. We build homes we are genuinely proud of. As a privately owned developer, we oversee every stage ourselves, from design and construction through to completion. This means tighter control over quality and the details that matter. Each development is thoughtfully shaped around location, layout, materials and everyday comfort. Our aim is straightforward: to deliver homes in Paphos that are beautiful, practical and built to stand the test of time.
Frequently Asked Questions
What is included in the purchase price of a Velaro Homes villa?
Every villa price includes the private swimming pool, a 10.1kW photovoltaic system with solar panels, VRV cooling throughout, underfloor heating, the alarm and CCTV system, electric gate and car charger, and semi-covered private parking for two cars. The fully fitted kitchen, built-in wardrobes, Ideal Standard sanitaryware, Italian floor tiles, engineered wood bedroom flooring, and all structured cabling are also included. A furniture package is available separately from €45,000 + VAT for 3-bedroom villas.
Can I choose my own finishes and materials?
Yes. Buyers choose from two curated finish packages: Bold or Light. All selections are made from approved European supplier ranges. Contact us for more details.
Are Velaro Homes villas eligible for the Cyprus Permanent Residency programme?
Yes. All villas at Velaro Homes are priced above the €300,000 threshold required for the Cyprus fast-track Permanent Residency programme. Approval typically takes 2 to 3 months, includes your spouse and dependents, and carries lifetime validity. Our team can guide you through the full application process alongside your legal representative.
What are the villa sizes and layout options at Velaro Homes?
Velaro Homes offers 3-bedroom and 4-bedroom villas across 19 individual plots. Three-bedroom villas offer internal space ranging from approximately 167 to 206 sqm across two levels, while 4-bedroom villas range from approximately 180 to 234 sqm. Plot sizes range from 315 to 765 sqm. Two villas (18 and 19) include a dedicated gym space on the lower level. Each villa has covered verandas, louvred veranda areas, and a private swimming pool.
What taxes and fees should I budget for when buying property in Cyprus?
Buyers should budget for VAT at 19% on new properties (or 5% on a primary residence, subject to eligibility), stamp duty, legal fees, and land registry transfer fees. Cyprus has no inheritance tax and no wealth tax for residents, and a Non-Dom status is available for qualifying buyers, which can significantly reduce personal income tax. We recommend engaging a local lawyer before proceeding; our team can refer you to trusted legal professionals.
Is Velaro Homes a good investment for rental income in Paphos?
The Sea Caves and Pegia area is one of the most sought-after locations in Paphos, attracting international buyers and high-quality short-term rental demand year-round. Villas with private pools in this area consistently command strong rental rates, particularly during the spring and summer season. The specification level, energy efficiency ratings, and location make Velaro Homes well suited to the premium rental market.
How do I reserve a villa at Velaro Homes?
To reserve a villa, you sign a reservation agreement and pay a deposit to secure your chosen unit. Our team will guide you through the full process, including legal support, payment schedule, and your material finish selections. Contact us directly via WhatsApp or the enquiry form on our website to get started.
About Olias Homes
Leading Property Developer
What truly sets Olias Homes apart is our commitment to building more than just houses; we build the foundation for a new life. Every detail, from the selection of natural materials to the integration of smart technology, is an expression of our belief. We deliver a promise of comfort, craftsmanship, and a seamless journey to your dream home.
+24
Years of Experience
+500
Residences
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