Staying true to its people-centred philosophy and commitment to excellence, Korantina Homes Group forges ahead in 2024 – a pivotal year in rolling out its operations strategy.
In recent years, Korantina Homes Group has experienced remarkable growth in both the construction and tourism sectors. Alongside operating the renowned Cap St Georges Resort at Ayios Georgios, Peyia, the company celebrated the completion of the first phase of the Soho Resort in Kato Paphos this year. Meanwhile, construction progresses on the impressive Royal Bay project in the Tombs of the Kings area. Additionally, several smaller developments in Paphos and Peyia have either reached completion or are nearing the final stages, showcasing Korantina Homes’ dedication to expanding and enhancing the region’s real estate offerings.
The company’s portfolio features a wide array of real estate, ranging from lavish villas to seaside apartments, malls, and city apartments. All properties are located in select areas and stand out for their quality of construction and aesthetics.
Under the leadership of its founder and CEO, George Ioannou, the company has established itself as a role model for quality and innovation in the real estate market. George Ioannou frequently emphasises the corporate philosophy propelling Korantina Homes into the future: “We aim to forge strong bonds with customers, employees, our associates, and society at large. This people-centred approach has been key to our robust growth.”
Cap St Georges Hotel & Resort
The award-winning Cap St Georges Hotel & Resort is located in a unique area of Paphos – the Ayios Georgios Cape – and constitutes the first major project for the company as well as one of the largest seaside residential resorts in the Mediterranean. It consists of 220 villas and a clubhouse of superior design, with 2 km of beach, situated in a location with the most beautiful sunsets on the west of the island. The project also stands out for its comprehensive care services, available 24/7, and for its ultra-modern facilities for entertainment, catering, and activities for all the family. The residential units harmoniously combine contemporary architectural interior and exterior design with the area’s natural beauty. These unique properties are situated in one of the most attractive locations across Europe. The project has attracted international investment interest, with well-known personalities showing their trust in Korantina Homes by purchasing residences.
An important part of the Cap St Georges Hotel & Resort is its focus on catering to highly demanding visitors. It offers 202 rooms, various stores, dining spaces, a modern wellness centre, and sports facilities. The hotel aims to establish a new standard in sustainable, high-quality tourism.
Soho Resort
This unique project consists of two towers – of 15 and 16 floors, respectively, the only such buildings in Paphos – as well as 20 sumptuous villas, all with a view of the sea in Kato Paphos. True to the company’s outlook, the resort offers quality and comfort. It features numerous shops, a restaurant and a café, a wellness centre, a gym, concierge services, communal swimming pools, 24-hour reception, garden and pool maintenance services, limo services, and more.
The first phase of construction is already completed, and the apartments have been delivered to the owners. Meanwhile, the second phase is underway with the construction of Building B – expected to be finished in about two years.
Royal Bay
The upcoming Royal Bay residential resort, within the Paphos municipality, is situated next to the sandy Venus Beach. It comprises villas of top-notch construction and architectural standards, as well as apartments. Its specifications include a clubhouse, 24-hour service, 24-hour security, a spa, and a gym. It is just a few minutes away from the city centre, next to the Aspire private school.
Upcoming Paphos Developments
This year, the company plans to bring two more residential developments to the market in the Paphos city centre. They will be located at focal points, near essential public services, government buildings, schools, the municipality, and the city centre with its hustle and bustle of commercial activity.
Creativity and
Innovation
Korantina Homes stands out from the rest thanks to its creativity. It applies aesthetics and innovative design and is committed to services that make life more comfortable for residents. Personalised service, clubhouses, spas, gyms, and restaurants are all signatures of the company.
Building Trust with the Cypriot Public
The company succeeds in attaining its business goals thanks to its outward-looking approach. However, beyond the business goals, Korantina Homes’ top priority is to constantly strengthen its relationship of trust with the Cypriot public, particularly the people of Paphos. That is why it is undertaking a series of actions related to supporting education, culture, sports, and environmental protection.
