The island of Cyprus in the Mediterranean Sea is a popular destination with foreign investors, so the best construction companies in Cyprus take into account the preferences of an audience of different ages with different income levels and offer different types of real estate. In residential complexes under development, you can purchase an apartment or villa for relocation, seasonal holidays or as an investment.
Property in Cyprus is always in demand, therefore buying a home not only allows you to expand your investment portfolio and save money from inflation, but also receive additional income. Purchasing an apartment or house at the construction stage is especially profitable, as it gives you the opportunity to gain profit by reselling your property when the project is handed over. Completed real estate units sometimes cost 20–30% more than the off-plan options. In this post, we review top construction companies in Cyprus so that you can choose a trustworthy developer.
Content:
- The biggest construction companies in Cyprus
- How to choose a builder in Cyprus?
- Top 10 construction companies in Cyprus
- We will help you choose real estate in Cyprus
The biggest construction companies in Cyprus
There are many construction companies working on the island and specializing in the construction of both low-budget and up-market housing. There are public and private developers on the market. Many companies have international projects and build houses in the UK, Egypt, Lebanon, and other countries around the world. New houses in Cyprus are designed and built taking into account modern requirements for quality construction and attention to the energy efficiency of buildings.
As a rule, the most trusted developers are those who invest their own capital. Such companies have completed successful projects, where it is almost impossible to purchase housing, since demand exceeds supply.
How to choose a builder in Cyprus?
In order to find a trustworthy developer, you should first study their business reputation. The basic recommendations for choosing a developer in Cyprus are quite simple:
- Check out the official information on the company's website. We recommend studying reviews not only on the developer’s pages, but also on third-party websites. This way you will have a better chance of getting reliable information.
- If possible, check out what local residents think about the developer's projects. You can ask questions in groups on social media created by expats.
- Find out how long the developer has been working on the market, how many projects they have completed and whether the construction deadlines were met.
- Consider working with a professional real estate broker. Despite the fact that working directly with a developer is safer when compared to buying a resale home, ignorance of local legislation and a language barrier can lead to unfavorable consequences.
The more thorough the approach to choosing a property and the developer you have, the fewer risks you will have in the future.
Top 10 construction companies in Cyprus
It can take ages to cover all developers working on the island in one article as the list of construction companies is regularly expanding. However, there are several main developers in Cyprus with the most popular projects:
- Korantina Homes is one of the leading developers offering high-end housing. The Cypriot developer is known for its top-notch projects with exquisite design and luxurious services. The company's portfolio includes residential resorts, commercial properties and mixed-use development projects.
- Aristo Developers is a company with many years of experience, specializing in the residential and commercial real estate, including resort complexes. The most famous projects in the portfolio are the Venus Rock Golf Resort, where you can purchase apartments and villas.
- Pafilia is another major developer in Cyprus. One of the latest recognizable projects of the brand is the ONE complex in Limassol. Owners of premium residences have access to a wide range of services, including a spa center, a sports complex, and a rooftop infinity pool.
- Imperio is a construction group that pays special attention to the comfort of housing. Among the developer's signature properties is the elite gated community of Sunset Gardens in Limassol. The apartments are equipped with modern amenities, and the territory of the complex is surrounded by greenery.
- Prime Property is a company that develops residential and commercial real estate in different parts of Cyprus. Among the brand's development projects are the Prime Tower business center in Nicosia and the Sky Tower residential complex in Limassol.
- DTA Group specializes in the construction of condominiums and prefers a modern style. One of the major projects is the Guru Mountain Resort complex in Platres. It features alpine-themed condominiums.
- Cyfield sells residential and commercial property. One of the largest projects is the Aura Residences complex, which is currently under development. It offers stunning sea view residences in Larnaca. The company also owns the tallest building in the pedestrian part of the capital. In the 360 Nicosia complex you can purchase apartments with a different number of bedrooms.
- Leptos Estates is another developer actively developing the coastal area of Limassol. Their portfolio includes the exclusive Limassol Blu Marine complex with apartments and penthouses overlooking the marina and sea.
- D. Zavos Group is a company with 40 years of experience and offices based in the UK, Russia, Lebanon and Egypt. The developer offers residential and commercial units throughout Cyprus. Their portfolio includes 130 completed projects.
- P.L. Property Gallery Developers & Constructors Ltd. is a developer whose activities have been recognized with numerous awards. The company has been working in the country's real estate market for more than 20 years. Currently, 40 units are under development.
We will help you choose real estate in Cyprus
Our platform offers property listings directly from developers and real estate agencies. The property database has housing options for every taste and budget. Our experts will tell you how to choose the right developer in Cyprus. Here you can also view the portfolio of developers and get up-to-date information about the local market. The website offers houses and apartments in Cyprus in popular areas of the island. Check out real-time prices on our website!