Best Real Estate Developers in Limassol

Published on 20th of October, 2024

Limassol is the second-largest city in Cyprus and one of the most dynamic when it comes to real estate development. On the southern coast of the island, some of the most ambitious construction projects are underway, attracting both local and international investors. In this article, we’ll talk about the top developers in Limassol who create modern residential and commercial properties, combining innovation and high-quality standards.

1. Cybarco

Founded: 1945
Key projects: Luxury residential and commercial real estate
Reputation: One of the oldest and most trusted developers in Cyprus

Cybarco is one of the most well-known construction companies in Cyprus, with offices in Qatar, Kuwait, Bahrain, Russia, and Greece. The company specializes in premium real estate projects known for their high quality and luxurious design. One of their most famous projects is Limassol Marina, which includes seaside residential properties, private yacht berths, and all necessary infrastructure.

Another notable project by Cybarco is The Oval, an impressive business center on Limassol’s seafront. This elliptical high-rise, developed in collaboration with the architectural firm Atkins, has become a symbol of modern Limassol.

Notable projects:

  • Limassol Marina – luxurious villas and apartments with private yacht berths
  • The Oval – a business center with unique architecture and modern office spaces

2. Pafilia

Founded: 1977
Key projects: Residential and commercial real estate, including high-rise buildings
Reputation: One of the most influential developers in Cyprus with international recognition

Pafilia is a leading construction company in Cyprus, developing properties in Limassol, Paphos, and other cities. One of their signature projects is One Tower in Limassol, one of the tallest buildings on the island. This residential skyscraper offers apartments with stunning sea views.

The company is also known for its excellent post-sale service, making it particularly attractive to foreign buyers looking for reliability and comfort.

Notable projects:

  • One Tower – luxury apartments in a high-rise with panoramic views of the Mediterranean Sea
  • Minthis – a residential complex in Paphos, surrounded by natural beauty

3. Aristo Developers

Founded: 1980s
Key projects: Mid-range and luxury residential complexes
Reputation: One of the fastest-growing and reliable developers with a large portfolio of projects

Aristo Developers is actively developing both Limassol and Paphos, offering homes in various categories. Their villas near golf courses or apartments in tourist areas are popular with foreign buyers.

One of their well-known projects is Limassol Star, a residential complex with tennis courts, gardens, and swimming pools. It’s perfect for those who value peace and comfort, located just minutes from the city center.

Notable projects:

  • Limassol Star – a residential complex with pools and tennis courts
  • Aristo Paradise – apartments and villas near popular tourist areas

4. D. Zavos Group

Founded: 1980
Key projects: Luxury residential and commercial real estate
Reputation: Known for creating high-end properties in prestigious areas

D. Zavos Group operates internationally, offering both residential and commercial real estate across Cyprus. One of their most famous projects is Del Mar Limassol, a luxury residential complex on the seafront in the Germasogeia area. This isn’t just a place to live but a whole lifestyle center with boutiques, restaurants, and galleries.

The company also offers more affordable options in the Omonia area, close to Limassol’s city center. Sunset Court is a business-class development at a reasonable price.

Notable projects:

  • Del Mar Limassol – a luxury residential complex with sea views and exclusive amenities
  • Sunset Court – more affordable business-class apartments in Limassol’s center

5. Leptos Estates

Founded: Over 50 years ago
Key projects: Luxury residential complexes and villas
Reputation: One of the largest landowners and developers in the Mediterranean

Leptos Estates offers a wide range of luxury real estate options across Cyprus and Greece. In Limassol, the company is developing the Blu Marine Limassol project, a modern residential complex with three high-rise towers. This complex offers first-class amenities, including a spa, indoor pool, and underground parking.

Another attractive project is Eden Beach Apartments, where you can rent or buy apartments with sea views.

Notable projects:

  • Blu Marine Limassol – modern high-rise residential towers with sea views
  • Eden Beach Apartments – apartments with sea views in central Limassol

6. Cyfield Group

Founded: 1990s
Key projects: Multifunctional complexes, residential and commercial properties
Reputation: Known for energy-efficient projects using advanced technologies

Cyfield Group is actively developing modern residential complexes that incorporate the latest technologies, including smart home systems, underfloor heating, and solar panels. The Arc Ship project in Limassol is an example of a high-tech building with energy-efficient solutions.

The Limassol Hill project offers two residential buildings on the hills of the Agios Athanasios district, featuring beautiful views and Class A energy certificates.

Notable projects:

  • Arc Ship – a high-tech residential complex with smart technologies and solar panels
  • Limassol Hill – residential buildings with views of the Agios Athanasios hills

7. P.L. Property Gallery Developers & Constructors Ltd

Founded: Around 20 years ago
Key projects: Residential and commercial properties in unique locations
Reputation: An internationally recognized and award-winning company

P.L. Property Gallery Developers & Constructors Ltd specializes in building residential and commercial properties in prestigious locations across Limassol. One of their most famous projects is Yoo Limassol by Philippe Starck, the first residential project in Cyprus by the renowned French designer Philippe Starck.

The company is also developing Platres Holiday Homes, offering alpine chalets in the mountains near Limassol.

Notable projects:

  • Yoo Limassol by Philippe Starck – a residential complex with unique design by Philippe Starck
  • Platres Holiday Homes – alpine chalets in the picturesque mountains of Cyprus

8. Imperio Properties

Founded: 2004
Key projects: Residential and commercial buildings using green technologies
Reputation: One of the most innovative developers in Cyprus

Imperio Properties is known for its modern projects with a focus on green technologies. One of the company’s most iconic projects is The Icon, a high-rise building with apartments located on the seafront in Limassol. This building offers hotel-style living with 24-hour service and a gym with panoramic city views.

Another project is Barbican Heights, a luxury residential complex located in the quiet Panthea area, offering views of mountains and gardens.

Notable projects:

  • The Icon – luxury apartments with sea views and hotel-style services
  • Barbican Heights – luxury apartments in the quiet Panthea area of Limassol

Conclusion

Limassol is a city where modern technologies, luxury, and cultural heritage come together. The top developers in the city, such as Cybarco, Pafilia, D. Zavos Group, and others, offer high-quality properties that meet the needs of the most demanding buyers. Whether you are looking for luxury apartments by the sea, modern business centers, or cozy villas in quiet areas, Limassol always provides quality and reliable real estate investment opportunities.