GENESIS
PAPHOS
[ APARTMENTS ]
FOR LIVING - FOR RENTING OUT
€165,000
[ FROM ]
[ Average annual net rental income]
[ Rental ROI annual]
PREMIUM APARTMENTS WITH DUAL INVESTMENT SCENARIOS
INVEST IN LUMA GENESIS, PAPHOS
INVEST IN LUMA GENESIS, PAPHOS
+€49 ,000
13,52%
[ NUMBERS ]
€165,000
[ STARTING PRICE ]
OCTOBER 2026
[ COMPLETION ]
~€70/MONTH
[ MANAGEMENT FEE:INCLUDES POOL & FACILITIES ]
[ LOCATION: PAPHOS – CLOSE TO BEACH, SCHOOLS, AND CITY CENTER. WALKING DISTANCE TO PAPHOS CITY CENTER ]
VAT: 5%
[ FIRST HOME ]
19%
[ INVESTMENT MODEL ]
[ PHOTOS ]
A MODERN HOME
Luma Genesis offers an exclusive collection of 24 beautifully designed units, featuring 1 or 2–bedroom apartments.
Each unit is crafted meticulously, ensuring a blend of modern aesthetics and practical functionality.
Residents will enjoy a communal pool and a playground, and each apartment comes with covered parking, AC units in every room, and electric shutters in all bedrooms.
Each unit is crafted meticulously, ensuring a blend of modern aesthetics and practical functionality.
Residents will enjoy a communal pool and a playground, and each apartment comes with covered parking, AC units in every room, and electric shutters in all bedrooms.
OUR ADVANTAGES
GEROSKIPOU
VILLAGE
VILLAGE
COMMUNAL ROOFTOP
COVERED PARKING
BUILT WITH THE FINEST MATERIALS
ELEVATOR
ENERGY EFFICIENCY: A
LUXURY LOBBY
ELECTRIC SHUTTERS
PLAYGROUND
A PERFECT LOCATION
Paphos old city - 6 min
Geroskipou Beach - 7min
Kings avenue mall - 10 min
Paphos Harbor - 10 min
Paphos International Airport - 15 min
Paphos Aphrodite Waterpark - 6 min
Archaeological Site of Nea Paphos - 10 min
Geroskipou Beach - 7min
Kings avenue mall - 10 min
Paphos Harbor - 10 min
Paphos International Airport - 15 min
Paphos Aphrodite Waterpark - 6 min
Archaeological Site of Nea Paphos - 10 min
ARCHITECTURE
THE LUMA GENESIS IS BUILT WITH ANTI-SEISMIC REINFORCED CONCRETE, PREMIUM THERMAL INSULATION, AND ENERGY-EFFICIENT MATERIALS. LARGE ALUMINUM WINDOWS, MODERN FINISHES, AND SMART ENGINEERING ENSURE BOTH DURABILITY AND CONTEMPORARY COMFORT.
INTERIOR
CHOOSE TO PURCHASE A WHITE BOX WITH BASIC EQUIPMENT OR FULLY FURNISHED, READY FOR RENTAL OR RELOCATION. FOR MORE DETAILS, SEE THE BROCHURE.
INFRASTRUCTURE
THE LUMA GENESIS OFFERS A LUXURY LIFESTYLE WITH A COMMUNAL POOL, ROOFTOP LOUNGE, AND ELEGANT LOBBY, COMPLEMENTED BY A PLAYGROUND FOR FAMILIES. RESIDENTS ENJOY COVERED PARKING, A MODERN ELEVATOR, AND ENERGY-EFFICIENT DESIGN WITH ELECTRIC SHUTTERS, ALL NESTLED IN THE VIBRANT GEROSKIPOU VILLAGE.
WHEN YOU BUY THIS PROPERTY, YOU'RE ALWAYS IN PROFIT.
[ PROFIT ]
PURCHASE FOR RESIDENTIAL PURPOSES. LET’S LOOK AT AN EXAMPLE OF REAL ESTATE CAPITALIZATION OVER 5 YEARS
- €165K Starting Price
- 8.7% Property market growth
- €149K Income
Scenario
[ 1 ]
A SCENARIO WHERE YOU BUY A GENESIS WITH FINISHING TOUCHES AND RENT IT OUT FOR 1 YEAR
- €165K Starting Price
- 9.59% Annual rental yield
- €18K Rental income
Scenario
[ 2 ]
>€165,000
1 BEDROOM
62.8 M²
>€275,000
2 BEDROOM
90.4 M²
ONLY 15 APARTMENTS LEFT!
PRICES ARE FROM THE DEVELOPER, WITH AN INCREASE PLANNED AFTER THE CONCRETE FRAME IS COMPLETED.
PRICES ARE FROM THE DEVELOPER, WITH AN INCREASE PLANNED AFTER THE CONCRETE FRAME IS COMPLETED.
LAYOUTS AND PRICES
[ Start of construction March 2025 - Completion October 2026 ]
CONSTRUCTION PROGRESS
[ DEVELOPER ]
LUMA
Luma Developers, founded by Dr. Noam and Alice Shani, is a boutique property developer in Cyprus specializing in high-end residences and landmark buildings in Paphos. With a European real estate fund and proven expertise in profitable rentals, Luma combines innovation, premium materials, and transparency to deliver exceptional living spaces and strong ROI for investors.
ABOUT
+
[ SUPPORT ]
FREQUENTLY ASKED QUESTIONS
In Cyprus, the standard VAT rate is 19%, but for your first and only residence, you can get a preferential rate of 5% (up to 130 m² and €350k, maximum 190 m² and €475k). The concession does not apply to rentals — when renting, you will have to pay up to 19%. Exceptions are made for people with disabilities.
Full internal finishing including flooring, lighting, and fixtures. Furniture & appliances packages are optional.
LUMA will be the management company for the first year after the facility is commissioned, after which the residents' meeting will vote to select a management company.
Yes, through Bank of Cyprus and other local banks with full legal assistance. You can calculate the approximate cost of a loan using the loan calculator.
Immediately after the building is commissioned. October 2026.
I am ready for a long road flight for working with a week- or months-long projects.
Download the brochure and ROI calculation