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Olea Residence
- Price
- from £73,000
- Delivery
- 2027
- Total units
- 650
About the Project
Olea Residence is located in Geçitkale, Famagusta (Gazimağusa), North Cyprus (TRNC). It is a residential project developed by Noyanlar Group of Companies. The project has 650 homes in total. Unit types: 1-bedroom, 2-bedroom, 3-bedroom. Announced delivery date: 2027. Starting price: £73,000.
Unlike most Noyanlar schemes, which sit on the coast at Iskele, Olea Residence is inland, at Gecitkale in the Famagusta district. That makes it better suited to someone who values a short run to the airport and a quieter setting more than a sea view from the balcony.
The developer, Noyanlar Group of Companies, puts Ercan Airport 25 minutes away by car, Nicosia 34 minutes, Kyrenia 40 minutes and Larnaca Airport 44 minutes. To make up for the distance from the sea, it says the site will run a beach shuttle; how often it goes and whether residents pay for it are questions to put to the company.
This is a large development of 650 flats with one, two or three bedrooms (1+1, 2+1 and 3+1 in local terms). Net floor areas for each type are in the table on this page. Completion is due in 2027 and the scheme is selling off-plan.
Shared facilities include a swimming pool, children's play areas and a multi-sport area, a cycle path, planted green space, a gated entrance with security, a café-bar and a row of shops. With shops inside the gates, you can pick up everyday basics without getting in the car.
Several costs on top of the purchase price are not published. Ask in writing for the stamp duty due on signing, the VAT payable before handover, the developer's infrastructure contribution, the annual service charge and whether title deeds have been issued.
Project Features
The developer lists 2 features for Olea Residence. Highlights: Bicycle path, Swimming pool.
Technical Specifications
| Item | Detail |
|---|---|
| Area comparison | In Famagusta (Gazimağusa), the median across 19 projects with a known unit count is 80 homes; this project has 650. |
Location & Access
Olea Residence is located in Geçitkale, Famagusta (Gazimağusa), North Cyprus (TRNC).
Geçitkale, Famagusta (Gazimağusa)
Frequently Asked Questions
When will Olea Residence be delivered?
Delivery date: 2027.
Who is the developer of Olea Residence?
The developer is Noyanlar Group of Companies.
What amenities does Olea Residence offer?
Amenities: Swimming pool.
Where is Olea Residence?
The project is in Geçitkale, Famagusta (Gazimağusa).
How many homes are there in Olea Residence?
The project has 650 homes in total.
Which apartment types are available at Olea Residence?
Apartment types in the project: 1-bedroom, 2-bedroom, 3-bedroom.
Before You Decide on This Project
For Olea Residence, the composition stated by the official source: building layout: gated community layout; apartment types: 1+1 and 2+1; shared areas: swimming pool and children's playground. Gated community layout — access-controlled and shared limited settlement.
Keep Exploring This Area
Where does this page's information come from?
Project details are compiled from the developer/project sources; fields with a verification stamp were checked against their primary source on the shown date. Prices change frequently with campaigns, so the current price is shared per project on request.
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