Contemporary Family Living in a Premium Residential Location

Elia Residences is a contemporary residential development by Kantou Developers, designed to meet the demands of modern family living in the GSP Area of Nicosia.

Located in Lakatamia within the wider GSP Area near GSP Stadium, the project combines quality construction, energy efficiency and strategic accessibility. With prices starting from €340,000, Elia Residences represents a strong opportunity for both first time buyers and owner occupiers seeking long term residential value in a well positioned location.

Prime Location Near GSP Stadium

Elia Residences is situated in a quiet and well established neighbourhood just minutes from GSP Stadium. The development offers direct access to the highway within three minutes, ensuring fast connectivity to Nicosia city centre as well as Limassol, Larnaca and other key destinations across Cyprus.

The GSP Area has become increasingly desirable due to its accessibility, infrastructure and residential appeal. Schools, supermarkets and essential services are all within close proximity, making daily life practical and convenient for families.

Modern Architecture and Proven Build Quality

The homes at Elia Residences feature clean contemporary architecture and functional layouts designed for long term comfort.

Spacious interiors, generous natural light and carefully selected materials create a balanced living environment that feels both modern and welcoming. Living and sleeping areas are clearly separated, enhancing privacy and everyday functionality.

Elia Residences is developed by Kantou Developers, a Nicosia based residential developer with nearly 30 years of experience in construction and development. The company is recognised for delivering carefully planned family homes with strong structural standards and attention to detail.

Energy Efficient Homes with Future Ready Specifications

All residences at Elia Residences are built to Class A energy efficiency standards, helping reduce energy consumption and long term operating costs.

Key technical features include:

• Photovoltaic panel provision
• Solar water heating system
• Electric vehicle charging provision
• Alarm system and security cameras
• High quality construction materials

These features support sustainability, lower running expenses and enhanced long term property value.

Fully Detached Three Bedroom Homes on Independent Plots

All properties at Elia Residences are fully detached homes set on independent plots, offering privacy, separation from neighbouring residences and generous outdoor space.

The development consists of three bedroom homes with:

• Plot sizes ranging from approximately 220 m2 to 320 m2
• Internal covered areas from approximately 144 m2 to 171 m2
• Three bedrooms
• Two bathrooms and one guest WC
• Private parking

Each home includes private outdoor areas ideal for family use, entertaining or future landscaping improvements. The detached design enhances both comfort and long term resale appeal.

Ideal for First Time Buyers – Reduced VAT Opportunity Until June

Elia Residences is particularly attractive for first time buyers seeking to secure a primary residence in the GSP Area.

Eligible purchasers may qualify for the reduced 5 percent VAT rate on their primary residence, subject to government criteria. The current reduced VAT deadline is in June, after which standard VAT regulations are expected to apply.

Depending on eligibility and property size, buyers may save approximately €10,000 compared to the standard VAT rate. This creates a time sensitive financial advantage for qualifying purchasers.

About Kantou Developers

Kantou Developers is a Nicosia based residential property developer with nearly three decades of experience delivering high quality family homes. The company focuses on thoughtful design, reliable construction standards and long term residential value.

Enquire About Elia Residences

For availability, pricing details, floor plans or to arrange a private viewing, contact Kantou Developers directly:

https://kantoudevelopers.com/en/contact-us/

Download the Elia Residences Brochure

The official Elia Residences brochure includes architectural visuals, detailed specifications and full floor plans:

https://drive.google.com/file/d/136wCcuFHMCKLJttonDldZmINWshc2Xrk/view