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Seafront resorts and homes in Paphos since 1990.

Korantina Homes

Korantina Homes has been building in Paphos since 1990. It was founded by George Ioannou and is based in Peyia, on the west coast of the district. Its best-known work is Cap St Georges Hotel & Resort, a five-star resort with private villas on 2 km of coastline facing Yeronisos island. In Kato Paphos it has added two more resorts: Royal Bay beside Venus Beach, and SOHO Resort on the Poseidonos Avenue seafront. Korantina also maintains the homes it builds and can rent them out for their owners.

Founded 1990 Founder George Ioannou HQ Peyia, Paphos, Cyprus
1990
Established
Cap St Georges
Flagship
Peyia, Paphos
Based in
THE TRACK RECORD

Korantina Homes's record.

Its projects have collected a long list of international property awards: Best Luxury Development, Best Under Construction Development and Best Hotel Architecture, a Grand Prix at the Homes Overseas Russian Awards, Best Development and Best New Hotel Construction & Design at the European Property Awards, and Best International Luxury Residence at the International Hotel & Property Awards. Royal Bay Resort has been honoured at the Luxury Lifestyle Awards.

Delivery record

Korantina Homes has worked in the Paphos district for more than three decades. Its portfolio runs from villa communities such as Sea Caves Villas, Sunset View Villas and Golden View Villas to apartment projects such as City Colours, City Landmark and the Inner City buildings, and up to full resorts with hotels, clubhouses and beaches.

Founded1990
FounderGeorge Ioannou
HQPeyia, Paphos, Cyprus
TypePrivate residential and resort developer
Active projects3
SIGNATURE COMMUNITIES

Korantina Homes flagship destinations.

Hotel, resort and private villas, Peyia
Cap St Georges Hotel & Resort
A five-star resort on 2 km of Blue Flag coastline facing Yeronisos island, with a 202-room hotel and around 220 private villas of three to five bedrooms. Owners share the Cleopatra Spa, a serviced sandy beach, tennis, padel, football pitches and a choice of restaurants.
Seaside resort, Kato Paphos
Royal Bay Resort
A private resort with its own beach next to Venus Beach: 43 villas of three to six bedrooms, each with a pool, and three buildings of two- and three-bedroom apartments and penthouses around a clubhouse, spa and restaurant.
Seafront towers and villas, Kato Paphos
SOHO Resort
Two towers of 15 and 16 floors on Poseidonos Avenue with 113 apartments, duplexes and penthouses, plus 20 villas with private pools. Residents have a spa, indoor and outdoor pools and shops on the ground floor.
WHAT SETS THEM APART

What makes Korantina Homes special.

Property types Resort villasSeafront apartmentsPenthousesHotel and resort developments
Price segment Luxury

Signature style

Contemporary architecture with a local accent: at Cap St Georges the villas are finished in local stone, wood and mosaics. Korantina plans its resorts around sea views, private pools and a clubhouse that looks after residents day to day.

THE HONEST VIEW

Strengths & considerations.

Where Korantina Homes shines
  • More than three decades of building in one district, Paphos, which the company knows street by street.
  • Resort living that continues after handover: clubhouse services, maintenance and rental on request.
  • Award-winning projects, with honours from the European Property Awards and the International Hotel & Property Awards.
  • Seafront addresses: the Peyia coast at Cap St Georges, and Kato Paphos for Royal Bay and SOHO Resort.
3 ACTIVE PROJECTS

All projects by Korantina Homes.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Korantina Homes.

Who is Korantina Homes?+

Korantina Homes is a Cyprus property developer founded in 1990 by George Ioannou and based in Peyia, Paphos. It builds luxury homes and resorts, mostly by the sea, and also offers maintenance and rental services to owners.

What are Korantina Homes' best-known projects?+

Cap St Georges Hotel & Resort in Peyia, a five-star resort with private villas; Royal Bay Resort beside Venus Beach in Kato Paphos; and SOHO Resort, two seafront towers with villas on Poseidonos Avenue in Kato Paphos.

Can Korantina look after or rent out my home?+

Yes. Korantina offers maintenance and rental services. At Cap St Georges the resort handles housekeeping and maintenance and can rent the villa out on request, and both Royal Bay and SOHO Resort have property management on site.

Can foreign buyers own a Korantina home freehold?+

Yes. Homes in Cyprus are sold freehold, and the title deed is issued by the Department of Lands and Surveys.

Can buying a new home in Cyprus lead to residency?+

Cyprus grants permanent residency to non-EU buyers of a new home worth at least €300,000 plus VAT, subject to the programme's income and other requirements. Residency is not citizenship.

What does Korantina Homes do for Paphos?+

The company donated €2.5 million to the Paphos Innovation Institute and sponsors the Pafos FC football and volleyball teams and their academies. Nicos Anastasiades, then President of Cyprus, presented it with an honorary award for its sponsorship.

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