Balsa Green Residences Property Development By Olias Homes

Last Updated on: 2nd November 2024, 05:26 am

Welcome to Balsa Green Residences, an exceptional residential complex brought to life by Olias Homes, nestled in the beautiful city of Paphos, Cyprus. This sustainable living community is designed with a focus on eco-friendly principles, featuring modern architecture that promotes energy efficiency. Set against the backdrop of the historic Royal Tombs area, this eco-friendly residential project aims to provide residents with an unparalleled lifestyle, combining convenience and tranquility.

With four two-bedroom apartments and a stunning exclusive penthouse, Balsa Green Residences caters to diverse living preferences. Each unit is equipped with private terraces, landscaped gardens, and parking spaces, ensuring comfort and privacy for all inhabitants. Positioned conveniently close to essential amenities such as a private hospital just six minutes away, a supermarket within three minutes, and a private British school a mere five minutes from the property, this development truly stands out. Anticipated to be completed in 2024, Balsa Green Residences offers an attractive investment opportunity with a projected return on investment (ROI) of 5-7%, starting from €355,000 for the residences. Find more information about this exciting development in our virtual tour of Balsa Green Residences¹.

Key Takeaways

• Balsa Green Residences features a variety of living options including four 2-bedroom apartments and an exclusive penthouse.
• The eco-friendly design focuses on energy efficiency, appealing to environmentally conscious buyers.
• Amenities nearby include a hospital, supermarket, and British school, enhancing convenience.
• The anticipated completion date for the project is set for 2024, offering promising investment opportunities.
• Starting prices for the residences begin at €355,000, with a projected ROI of 5-7%.

Overview of Balsa Green Residences

The Balsa Green Residences, a promising property development by Olias Homes, provides an exceptional opportunity for eco-friendly living in a prime location in Paphos. As part of a residential complex, it offers a well-planned layout that includes modern amenities and stylish designs.

Location and Development Details

Ideally situated near the Royal Tombs, the location of Balsa Green Residences boasts rich historical significance and a welcoming community atmosphere. The project comprises 14 two-bedroom apartments, each with a living area of 77 square meters and an indoor veranda of 21 square meters, aimed at enhancing the lifestyle of residents. The proximity to essential services, such as supermarkets, hospitals, schools, and recreational areas, ensures that daily needs are met effortlessly. Residents will enjoy amenities like a shared swimming pool, children’s playground, and private parking, all designed to promote environmentally conscious housing while fostering a convenient urban lifestyle. Those looking to embrace city living can discover more about these features at Balsa Green Residences²¹.

Investment Potential

The investment potential of this development is significant, with an anticipated return on investment in the range of 5-7%. Properties in this area are increasingly desirable as both permanent residences and rental opportunities, particularly because they cater to the growing demand from tourists and expatriates. Priced starting from €355,000, the apartments provide luxury living with premium finishes and smart technology features, making them an attractive option for savvy investors. The project’s readiness by 2024 ensures that buyers can expect a swift return on their investment, especially in a market where high occupancy rates are common. Investing in such properties not only promises financial benefits but contributes to the growing trend of environmentally friendly housing solutions. More details on investment options and purchasing criteria can be found at Balsa Green Residences investment guide²¹.

Sustainable Living Features

Balsa Green Residences integrates sustainable living features that elevate eco-friendly design and technology. With an A energy efficiency classification, this development is meticulously crafted to reduce operational costs while enhancing residents’ comfort. The integration of renewable energy sources, such as solar panels and water-efficient systems, reflects a growing trend in green property development, driven by the need for sustainable architecture that offers both financial and environmental benefits.

Eco-Friendly Design and Technology

In alignment with contemporary sustainability goals, Balsa Green incorporates innovative technologies, including electric vehicle charging stations and a comprehensive alarm system. These elements contribute directly to a reduction in energy consumption and promote conscious consumption practices among residents. Additionally, the use of materials like transparent wood, made from the Balsa tree, ensures durability and thermal efficiency, thus showcasing the thoughtful approach to eco-friendly design³⁴.

Community and Lifestyle

Balsa Green Residences fosters a vibrant lifestyle supported by shared landscaped gardens and recreational areas, encouraging interaction among neighbors. This community-centric approach enhances the living experience, pairing environmental consciousness with active engagement. Residents can enjoy access to nearby parks, dining, and cultural spots, achieving a harmonious balance between daily life and the desire for sustainable living⁵. By prioritizing such features, Balsa Green exemplifies commitment to both community well-being and eco-friendly design principles.

Source Links

1. https://balsagreenresidences.com/
2. https://antariahomes.com/en/catalog/neprevzoydennaya-2-komnatnaya-kvartira-v-balsa-green-103/
3. https://www.property24.com/articles/innovative-sustainable-materials-are-redefining-home-construction/32258
4. https://propertyflash.co.za/2024/06/23/sustainable-and-innovative-materials-for-building-homes-are-pushing-the-boundaries/
5. https://reasonstobecheerful.world/for-more-sustainable-affordable-housing-just-add-mushrooms/