The Best Property Developers in Nicosia

Published on 23th of October, 2024

Locals in the capital often say that the “real Cyprus” is preserved only in this wonderful city. The narrow cobblestone streets and low Mediterranean-style houses create a traditional image of Nicosia. However, new buildings are quickly rising across the city, and the number of construction sites keeps growing. In this article, we will highlight the companies that are reshaping the architectural look of Cyprus’s capital.

BBF (Prime Property Group)
BBF stands for "Build a Better Future." The company started in 2007 as a real estate agency, and today it has completed over 140 projects in Canada, Portugal, Greece, and Cyprus (Limassol, Paphos, and Nicosia). BBF specializes in creating stylish and modern residential complexes. All buildings are equipped with smart home systems, and you can control household appliances using a mobile app.
Projects in Nicosia:

  • Cape Town Residence – A six-story building in the quiet Strovolos area.
  • Stockholm Residence – A four-story residential complex in the Acropolis area.

BuildLand Developers
Founded in 2004, BuildLand Developers has already completed over 50 projects. The company focuses on land development, restoration of historical buildings, and construction of commercial properties.
Projects in Nicosia:

  • The 5 Jewels Residence – A residential complex of five cozy villas in the Lakatamia area.
  • 6 Top – A six-story apartment building in the Archangelos area.

Cyfield Group
Cyfield Group has been operating since 1990 and is one of the key players in the Cypriot real estate market. The company builds residential and office buildings, roads, and also manages projects in Greece and Egypt.
Projects in Nicosia:

  • Stasikratous Residences – The second tallest skyscraper in Nicosia, featuring 46 luxury apartments.
  • Cross Point – A seven-story business center in the Lykavittos business district.

Devco Property Developers
Devco focuses on designing and building residential complexes. Investors can expect a high return on investment and support from the company in property management.
Projects in Nicosia:

  • Protea Apartments – Two and three-bedroom apartments in the Dasoupolis area.
  • Luxe Apartments – A residential complex surrounded by greenery in the Lykavittos area.

Green Properties
Green Properties is known for its eco-friendly approach to construction. The company uses safe materials and minimizes environmental impact. All properties are built with an A+ energy efficiency rating.
Projects in Nicosia:

  • Meandros Residence – A three-story residential complex in the Strovolos area.
  • Utopia Residence – A residential complex of three buildings in the Latsia area.

Gold Heritage Properties
This young and dynamic company demonstrates high standards of quality and respect for its investors. Every new project from Gold Heritage revitalizes the surrounding area.
Projects in Nicosia:

  • Albion Residence – A five-story building in the Lykavittos area.
  • Butterfly Park Residence – Functional apartments in the Aglandzia suburb.

Nice Day Developments
Founded in 1995, Nice Day Developments is known for its unique architectural style. One of its landmark projects, White Wall, was recognized as the best high-rise building in the EU in 2016.
Completed projects in Nicosia:

  • The Interlace – A three-story residential complex in the Agios Dometios area.
  • Nice Dream – A high-rise building with offices, residential floors, cafes, a fitness center, and underground parking.

Pergamondo Eco-homes
Pergamondo Eco-homes is committed to building eco-friendly homes with unique designs. All their buildings are rated A for energy efficiency.
Projects in Nicosia:

  • Levante Latifolia – A complex of six luxury apartments in the Dali area.
  • The Pine – A three-story family residence in the Agios Dometios area.

Photos Photiades Homes
This company is part of the PPG group, which started its real estate activities in the 1950s. Photos Photiades Homes focuses on building apartment complexes and villas.
Projects in Nicosia:

  • The Dahlia Villa – A five-bedroom villa in Carolina Park.
  • Thetidos Residences – A residential complex with 14 apartments in the Acropolis area.

These developers are actively transforming the face of Nicosia, creating modern and comfortable living spaces for residents.