OLMAR Estates develops and manages residential property in Cyprus with one goal: honest, well-built homes at prices that actually work for the people who live in them.
OLMAR Estates was founded in Limassol by Marios Roussis and Olympiada Mavroudi — the name itself is a blend of the two. Marios brings a background in corporate finance and trading; Olympiada leads the day-to-day running of the business. Together they're building a company that treats tenants and buyers as people to serve well, not just transactions to close.
We're a small, hands-on developer — we know every unit in every project we build, and we intend to keep it that way as we grow.
Rents in and around Limassol have climbed faster than local wages, while demand from young professionals and the growing corporate offices near the city keeps rising. Good, well-located homes at a fair price are getting harder to find — to rent or to buy.
We develop compact, efficiently-planned residential buildings — solidly built with a genuinely luxurious finish, solar panels, and energy-efficient design throughout, priced for the people who'll actually live in them.
Whatever stage you're at, OLMAR Estates is built to help.
Quality, energy-efficient homes at fair, transparent rents — no surprises, no compromises on build quality.
Now leasing — 2028Individual units available for purchase within our developments, for owner-occupiers and investors alike.
EnquireWe identify, finance, and build residential projects across Limassol — from plot to move-in, managed end to end.
OngoingNo shortcuts on structure or finish — homes built to be lived in for decades.
Solar power and efficient design in every unit, from day one.
Priced for the people who actually live and work here — not inflated for a quick flip.
A small team that knows every project personally — not a faceless portfolio.
Our flagship development in Ypsonas, Limassol. Every unit is finished to a luxury standard — full kitchen, private bathroom, solar panels, and energy-efficient design — plus a dedicated outdoor spot, whatever the floor plan.
Site works, footings, and the building's core structure at Ypsonas.
Envelope complete, electrical, plumbing, and utility connections fitted throughout.
Kitchens, bathrooms, flooring, and finishes brought in unit by unit.
Final checks, snagging, and keys to the first residents.
Set just off Agias Marinas street, near its junction with Agiou Nektariou — a quiet residential pocket of Ypsonas, minutes from Limassol's growing corporate corridor and the motorway network. A practical, connected base for tenants who work in the city but don't want city-centre prices.