Hall Of Fame

Firms To Watch: Real estate and construction

At A.I. Kitsios LLC, the practice is led by Christoforos Ioannou Kitsios, who garners praise for his 'immense knowledge and experience in real estate matters and property law'.

Firms in the Spotlight Real estate and construction

P. N. Kourtellos & Associates LLC

P. N. Kourtellos & Associates LLC logo

The firm: P. N. Kourtellos & Associates LLC is an independent and dynamic law firm in Limassol, founded by Dr Pavlos Neofytou Kourtellos and Ioanna Demetriou in 2011.

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Real estate and construction in Cyprus

A.G Erotocritou LLC

The ‘very responsive and professional’ team at A.G Erotocritou LLC is praised for its ‘personal and friendly approach’ and ‘quick problem solving skills’. The group handles a broad range of complex real estate transactions, and  frequently oversees the implementation of large-scale projects, for example the construction of five-star hotels, industrial parks and shopping malls. In addition, the practice often acts for UHNWI and HNW individuals from around the world. Other key clients include foreign conglomerates, international law firms, and banking institutions. The practice is also noted for its strength in supporting the firm's litigation department with contentious real estate matters. The highly regarded practitioner Alexis Erotocritou heads up the practice; senior associate Georgia Demou is singled out for her contributions.

Practice head(s):

Alexis Erotocritou

Other key lawyers:

Georgia Demou; Charis Theodosiou


‘The team is very specialised and has inside-out knowledge of all real estate matters and a very high commercial awareness. I was impressed by the responsiveness but also how each department cooperated so smoothly with each other during our tasks.’

‘There is great quality. Lawyers work on the highest professional standards (those that you can find from a large firm in US/UK). They have high ethics, are very responsive, and very transparent in terms of billing. You are in safe hands.’

‘Alexis Erotocritou’s knowledge in real estate and construction matters is exceptional and his commitment to the client’s needs and best interests is commendable. He conducts himself with the highest ethical standards and is transparent to everyone he works with. ’

‘They’re very thorough, which is crucial for making sure our legal documents and contracts are accurate. Particularly, Alexis Erotocritou and Georgia Demou -their dedication, expertise, and ability to find creative solutions have greatly improved our legal strategies and overall success.’

‘Alexis Erotocritou is the head of the department and an exceptional lawyer with very deep knowledge of real estate law. Alexis is very commercially minded.’

‘Their deep expertise and client-centric approach. They are very flexible with client needs. Staff is very friendly and pleasant to talk to.’

‘Alexis is the leading authority in the Cyprus real estate arena and is to be trusted for any deal, which he can accomplish. He is the preferred lawyer of many of the wealthiest investors who bought real estate in the island. Georgia and Charis are very reliable.’

‘Alexis Erotocritou: A great attorney who is devoted to his clients’ cause. He is sympathetic, honest, and independent thinking. It is clear that he has deep experience in practicing law, and uses his experience to guide his clients. He is always accessible despite being the partner of the firm.’

Key clients


RPT Group

Pandomus Group

Anastassiades Group


Globe Visa

Alter Domus


Grecian Group (Hotels)


JD Sports


Match Trade Technologies


Tactics Group

OUSAI Construction

Orphanos Group

Patroclos Group

Svaleno Properties

Kaleide Group

Generation Partners


Aksioma Tech

Habanay Contractors

Jordan Kuwait Bank

Cyprus Shipping Association

ItSimple art

Work highlights

  • Assisting a leading construction company and a HNW with the implementation of the set up a large-scale project in Paphos, which will comprise a shopping mall, hundreds of residential units and common areas.
  • Represented one of the largest global hospitality groups in relation to the purchase of a five-star hotel in Cyprus.
  • Assisted JD Sports with all real estate matters in relation to the establishment of the client’s presence in Cyprus and expansion into several shopping malls around the country.

Chrysses Demetriades & Co Law Office

At Chrysses Demetriades & Co Law Office, the real estate and construction group is included within the firm's wider corporate, commercial and M&A department. Led by Constantinos Mavrellis, the team has been involved in large-scale infrastructure, construction and real estate development projects in Cyprus. The practice has established capabilities in advising on the creation of investment holding structures, funds and joint ventures for investing in large real estate projects in international real estate markets. The client base includes large Cypriot real estate development companies and investment funds, prominent real estate investors and leading contractors. Senior associate Maria Socratous is a key name to note.

Practice head(s):

Constantinos Mavrellis

Other key lawyers:

Maria Socratous; Louiza Demosthenous; Christos Mavrellis


‘Chrysses Demetriades & Co LLC is a large firm that manages to provide its expertise and knowledge with a boutique firm level of service and approach. We are always impressed with their level of commitment and immediacy of response.’

‘A versatile and knowledgeable team. They care for the final result.’

‘The team is always responsive and shows a good understanding of the technical issues while remaining practical and commercial throughout.’

‘Constantinos Mavrellis is a very strong technical lawyer who has great commercial acumen and remains hands on on his files giving comfort that everything has been thoroughly reviewed.’

‘Louiza Demosthenous is always responsive and attentive and a pleasure to work with.’

‘Depth knowledge of the law, responsiveness, people, collaboration.’

‘Christos Mavrellis and Constantinos Mavrellis are excellent professionals with depth knowledge of local and foreign law with great attention to detail. They all respond immediately in any request of ours with justified positions and advices. ’

‘Constantinos Mavrellis- his in depth knowledge of the sector, coupled with his no- nonsense, realistic approach has assisted us in not only successfully completing a number of complicated transactions, but doing so in a very efficient and time-saving manner.’

Key clients

Imperio Group


Cybarco Limited

Prodea Investments

NKS Group

Ghelamco Group

Lanitis Group

Aristo Developers

StaDemos Group

Mymall Limassol

Muskita Hotels Limited

Leptos Group

Invel Real Estate

Mediterranean Hospitality Venture Limited

Amathina Luxury Hotels Limited


TP Mediterranean Adventures Ltd

Cyprus Tourism Development Company Ltd

G.M. Latour (Alaminos) Ltd

Work highlights

  • Advised Prodea Investments on the acquisition of Landmark Office Tower in Nicosia in a transaction worth over €70m.
  • Advising Amathina Luxury Hotels Limited on the sale of high-end exclusive condos in the Amathus Residence.
  • Advising the sellers on the acquisition of Mymall Limassol, Limassol’s largest retail mall in a transaction worth more than €80m.

Elias Neocleous & Co LLC

Under the leadership of Christos Vezouvios, Elias Neocleous & Co LLC continues to undertake a large volume of work relating to immovable property in Cyprus, often representing some the largest real estate funds and developers on the island. The team remains busy advising overseas companies and HNWIs on investments into residential and commercial real estate developments in Cyprus; the client base includes large companies in Eastern Europe and Greece. Property disputes are another key area of instruction. Associate Katerina Krassa is experienced in advising on development and construction deals. Christiana Georgiou has left the firm.

Practice head(s):

Christos Vezouvios

Other key lawyers:

Katerina Krassa

Key clients

Prodea Real Estate Investment Company

Limassol Marina

CYREIT Variable Capital Investment

Company PLC

Atterbury Group

Landmark Hotel, Nicosia (ex-Hilton Hotel)

Invel Real Estate Partners

British High Commission/ UK Foreign Office

Mediterranean Hospitality Ventures Limited

Alokozay Group


Remu Estate Ltd


Galaxia Properties Limited

Solek Holding SE

EOKA Medical and Rehabilitation Centre

Bank of Cyprus

Work highlights

  • Advised Cyprus Tourist Development Corporation on the drafting and negotiation of  required suites of construction contracts for the development and construction of two high rise towers and the refurbishment of a luxury hotel.
  • Advising a Cyprus holding company of a large multinational group on a significant cross-border property dispute involving fraudulent transfers of real estate property in various jurisdictions.
  • Assisted a property development company with obtaining all planning and building approvals needed for the development of two high rise commercial mixed use towers.

Ioannides Demetriou LLC

The ‘client-centric’ team at Ioannides Demetriou LLC has an excellent reputation for acting on a wide spectrum of construction and project financing matters. Under the collective leadership of Pambos Ioannides, Andrew Demetriou, Christos Frakalas and Demetris Kronides, the practice has an excellent reputation for advising on both contentious and non-contentious mandates in the sector. Ioannides and Demetriou are both highly regarded for their expertise in arbitration. The client roster includes international and local banks, public bodies, hotels/tourism companies, semi-governmental organisations, public and private foundations, universities, international and local contractors, as well as major international and local commercial enterprises.

Practice head(s):

Pambos Ioannides; Andrew Demetriou; Christos Frakalas; Demetris Kronides

Other key lawyers:

Elias Demetriou


‘They are really hands on with a very strategic approach to their decisions. Andrew is very strategic and focused on the problem.’

‘What makes the difference is the team’s early attention and professional approach. Contractual issues in construction require quick response which we receive from the firm. Another important factor is the follow up and monitoring of the development.’

‘The individuals I am working with provide a personal contact giving top priority to the issues brought to their attention. What makes the difference is their availability at any time with attention to the detail.’

‘The team is very responsive and the advice provided is at all times professional and to the point. They are highly experienced in the particular field thus making the client feel they are in trustworthy hands.’

‘Andrew Demetriou is a highly valued professional in his field and his experience so far is what makes him outstanding from the rest of the competitors in the same market. He has extensive knowledge.’

‘Elias Demetriou is also very diligent, highly skilled lawyer and has provided us at all times with appropriate advice.’

Key clients

Delfi Partners & Company

Caramondani Bros Public Co Ltd

LC Cyppro Realty Ltd

George Charalambous Ltd

IT Quarter Ltd

Cyprus Housing Finance Association

A. Tsokkos Hotel Public Ltd

Woolworth (Cyprus) Properties Public Ltd

Elite Constructions Ltd

Nicodemou & Gavrias Construction Company Ltd

Electricity Authority of Cyprus

NKS Shacolas Group

Lois Builders Ltd

Medcon Constructions Ltd

Miltiades Neophytou Civil Engineering Contractors & Developers Ltd

Paphos Sewerage Board

Medcon & DB Technologies JV

Work highlights

  • Acting as advocates / legal counsel for a client in a construction dispute between the contractor and sub-contractors, as well as in a construction dispute between the contractor and the employer / project owner in the City of Dreams Cyprus Casinos project.
  • Pambos Ioannides acts as sole arbitrator in a dispute between the Government of Cyprus and Charilaos Apostolides & Co Ltd – A. Panayides Contracting Ltd – Joint Venture over disputes on the construction of the Nicosia General Hospital.
  • Assisting Trilogy Limassol Seafront Ltd with the construction of Trilogy towers in Limassol.

Michael Kyprianou & Co. LLC

The ‘fast, efficient and extremely professional' team at Michael Kyprianou & Co. LLC, led by Savvas Savvides, regularly acts in complex high-value transactions involving the purchase of land and construction of properties. The ‘very knowledgeable and diligent‘ group also advises on planning matters, and has an excellent track record in handling matters relating to foreign-currency-backed loans. The department is also regularly instructed by ultra-high-net-worth individuals in relation to property investments in Cyprus. Esme Palas and associate Leandros Constantinou, who represents international corporations and investors in matters involving purchases and sales of properties in Cyprus, are key names to note.

Practice head(s):

Savvas Savvides

Other key lawyers:

Esme Palas; Leandros Constantinou; Eleni Drakou


‘The lawyers at this law firm are easy to communicate with. They are skilled at listening, capable of fully understanding their clients, and proficient in using the law to help clients resolve issues. Our communication with them is very smooth.’

‘Savvas Savvides is very professional with great knowledge of the legal field and runs a very tight operation in Paphos. He has always made himself available to us even at short notice, we didn’t have to wait to resolve matters requiring urgency. ’

‘Savvas Savvides has provided us with exceptional service. Savvas truly went the extra mile for us. He provided us with excellent advice, remained patient and persistent in his approach to resolving the many unforeseen issues that we faced.’

Key clients

Andrew Illingworth

Stewart Norris

Edith Appelman

Michael Andrew

Irit Ben Ari

Work highlights

  • Successfully completed sale and purchase transactions for multiple clients involving properties ranging from EUR200.000 and exceeding EUR 1m.

Andreas Coucounis & Co LLC

At Andreas Coucounis & Co LLC, the versatile team has a solid track record in acting for real estate portfolio companies in Cyprus in matters involving the re-possession of properties arising from foreclosure. Other key areas of instruction include advising on the administration of estates of foreign and local individuals in Cyprus, property litigation and the sale and acquisition of residential and commercial properties. Tasos Coucounis and Dimitria Coucouni-Andreou are the practice heads.

Practice head(s):

Tasos Coucounis; Dimitria Coucouni



‘A very good and personal service for over 15 years. One of the few organisations I have found completely trustworthy and efficient in Cyprus. Dimitria Coucouni has given a personal service throughout.’ 

‘Good motivated team. Always available and professional. Knowledgeable.’

‘Goal oriented. Responsive.’

‘The whole team is very professional, knowledgeable and helpful. The members of staff we have spoken to all have excellent English and are very efficient.’

‘Dimitria is very clear in her communication regarding Cypriot law. She explains matters very clearly and gives excellent advice and guidance.

Key clients

Redwindmill Trading Ltd

C.AL.EX. Limited

Collier Huang Limited

Tsiamezis Family

Chris Hicks

Thomas Synodinos

Cyprus Government

Embassy of The State of Qatar

APS Debt Servicing Cyprus Limited

WS Beteiligungs GmbH

Hellenic Bank Public Company Limited


Bank of Cyprus Public Company Limited

KPMG Limited

Hellenic Technical Enterprises Limited

Pavlos Kleanthous

Work highlights

  • Advised Redwindmill Trading Limited and C.AL.EX Investments Limited, as well as their parent company, on a real estate transaction involving the sale of a building complex comprising a large number of residential apartments and commercial shops to an international investment company to the value of €8.750.000m.
  • Advised a Cyprus company owned by a high-net-worth private individual on real estate acquisition matters with an aggregate value of €2.3m.
  • Acted for Naterama Limited, a Cypriot company whose owner is on the board of directors of the main investor behind the €1bn redevelopment and operation of the Larnaca port and marina area in Larnaca, Cyprus.

E & G Economides LLC

George Economides heads up the dynamic practice at E & G Economides LLC, which is adept at handling a broad range of residential and commercial real estate transactions. The client base includes local and international developers, as well as HNWIs wishing to purchase property for residency or investment purposes. The group is well versed in assisting with complex real estate acquisitions and disposals, as well as corporate acquisitions and restructurings, which often have international elements. Other key drivers of work include real estate due diligence exercises and landlord and tenant disputes.

Practice head(s):

George Economides

Other key lawyers:

Virginia Adamidou


‘Professionalism, accurate clear advice and hands on behaviour. Ready to listen, analyse and get results out of this. Nice mannered team. Invoicing reasonable.’

‘High professional standards, coming with solutions to tough problems and making those easy to understand and implement. Extremely pleased with them and would not hesitate to refer them to my friends and associates.’

‘George Economides and his team have a wealth of knowledge and are able to navigate complex situations which in turn makes one feel secure and in good hands, and take away the pressure from their clients to make their journey easier.’

‘George Economides is always readily available to service clients and his calmness and pragmatic approach to any situation is second to none.’

‘Virginia Adamidou. Fast reply, always willing to help and very honest.

‘George Economides was exemplary in his work coordinating the teams.’

‘The team has a composed and strong structure.’

‘George Economides is an outstanding leader and advocate leading the firm efficiently, offering his clients the value and confidence they require by fulfilling all their needs. ’

Key clients

Healys LLP

D. Zavos Group

Limassol Del Mar

CloudLayer 8 (CL8)

Landscope Developments Ltd

Domaland Properties Limited

Myrtos Xenodoheiakes Epiheiriseis Ltd

Accent Capital

Work highlights

  • Instructed by ACCENT CAPITAL to prepare a legal opinion concerning the legal status of the property acquired by the client through a Sale Agreement.
  • Advising LANDSCOPE DEVELOPMENTS LTD on the legal framework pertaining to a new high-rise building.

George Z. Georgiou & Associates LLC

The skilled team at George Z. Georgiou & Associates LLC represents developers, employers, contractors, landowners, landlords, tenants and individuals in the full range of contentious and non-contentious construction and real estate matters. The group fields expertise in planning and funding issues, as well as handling sale, purchase and management matters. George Z Georgiou  and George Ioannou co-head the practice, which is also noted for its track record in advising asset management companies on foreclosure procedures, and assisting financial institutions with due diligence for the acquisition of properties.

Practice head(s):

George Z. Georgiou; George Ioannou


‘In depth knowledge, approachability, speed of service, characters,  ability to deliver with speed, stand by you when you need them.’

‘High level of legal knowledge in the field of construction.’

‘George Ioannou – Efficient and good legal advice.’

‘The whole team is trained to deal with any case. They treat the customer with great professionalism and their fee is adjusted to the customer’s capabilities. They use technology very easily.’

‘George Ioannou is very professional, always prepared and can provide a solution to any problem.’

‘George Ioannou is a stand out partner with amazing and valuable knowledge in real estate.’

‘The team has great resources of knowledge within the company.’

Key clients

State Health Services Organisation (SHSO)

Work highlights

  • Provides a full spectrum of legal advice for the second consecutive year to the State Health Services Organization, the largest health provider in Cyprus, including day-to-day advice on matters relating to tenancy and land law.
  • Acting for an NGO in Cyprus in relation to an investment fund, advising the client on a EUR10m acquisition of investment properties.
  • Provides the full range of property and construction-related legal support to a giant retailer, in relation to a EUR20m acquisition of stores abroad via Cyprus entities.

Harris Kyriakides

At Harris Kyriakides, the multi-disciplinary group acts on a wide range of real estate matters, ranging from acquisitions and disposals to leasing, financing and development matters. The team is also adept at handling planning issues and property disputes, as well as direct and indirect investments in real estate. Charikleia Theodoulou and Andrea Newton co-head the department, in which senior associate Elena Kapfchamer plays a pivotal role.

Practice head(s):

Andrea Newton; Charikleia Theodoulou

Other key lawyers:

Elena Kapfchamer; Tony Kyriakides


‘All documents were prepared in a timely manner and everything was in order. The team provided us with excellent legal advice and services. They explained everything well and came through with all questionable issues. We found them to be reliable, courteous and professional. ’

‘The team is immediately responsive, up to date with local and international developments, well experienced and efficient with the handling of cases.’

‘On top of things. No need to chase them.’

‘Elena Kapfchamer and Charikleia Theodoulou are both always available and happy to offer their opinion and advice. Charikleia is an out of the box thinker; Elena is passionate. They make a good team together.’

‘Andrea Newton and Tony Kyriakides are very knowledgeable, they have attention to detail and know the market very well. What I was impressed  with is their communication.’

‘Good command of the English language and careful drafting of terms. Good negotiators and bring good argumentation during the negotiating process.’

‘Eleni Neoptolemou has effective communication skills that give her the ability to convey complex legal concepts in a clear and understandable manner to the client. She can quickly and thoroughly research legal issues. She is always available for her clients and has efficient time management and organisational skills.’

‘Harris Kyriakides has highly qualified lawyers with experience in Real Estate type transactions. They are recommended for the more complex and sizeable cases.’

Key clients

Petrolina Group

Zudolex Cyprus Ltd

Bank of Cyprus


Themis Portfolio Management

Work highlights

  • Advising the Petrolina Group on the “Land of Tomorrow” project which concerns the development of the largest surface of seafront land in the District of Larnaca.
  • Advised the Municipality of Paphos on the establishment of a new university in the centre of the city, the American University of Beirut-Mediterraneo, due to welcome students in September 2023.
  • Advised Τhemis Portfolio Management Holding Limited, on managing part of their vast real estate portfolio of assets onboarded in Cyprus.

Patrikios Pavlou & Associates LLC

The able team at Patrikios Legal advises on the full range of real estate issues. Property sale/lease contracts are a core strength of the group, as well as handling the establishment of complicated trust structures involving real estate assets, property litigation, and the legal aspects of debt to asset swaps. Restructurings involving commercial and residential land and properties are another key driver of work for the department. Stavros PavlouStella Strati and recently promoted partner Stylianos Trillides collectively head up the practice.

Practice head(s):

Stavros Pavlou; Stylianos Trillides; Stella Strati


‘The partners in the law firm have the necessary experience to tackle all sorts of matters especially in the corporate and real-estate sector (sometimes combined).’

‘Stylianos Trillides has great general knowledge and experience on how to tackle matters and treat problematic cases which is very important in the legal world. Furthermore, he is always available for a quick chat. An asset to the firm.’

‘They know very well local standards, legal framework, nuances, market specifics and at the same time provide services of the international high quality standard. The price of their services is also quite affordable in my view.’

‘Stylianos Trillides is a very skilled partner, he listens to a client’s needs and at the same time is able to navigate through the issue.’

‘The people of the firm are always happy. It’s like we are friends.’

Key clients

Alpha Bank (Cyprus) Ltd

Private clients

Local and foreign investors

Local and foreign construction companies

Israeli Investors

Work highlights

  • Advising a Cyprus real estate group on the planning of a hospitality and residential development exceeding 30,000 sq. meters.
  • Advising a number of Israeli investors in relation to the purchase of immovable properties in Cyprus for the purposes of relocating to the island under the Cyprus Permanent Residence Permit.

Andreas Demetriades & Co LLC

The ‘very friendly’ team at Andreas Demetriades & Co LLC handles a steady workflow of instructions on issues relating to the purchase and sale of land. The group regularly advises clients on construction agreements, and acts for individuals and their families in mandates involving the purchase of new build/off-plan properties. The department is also sought after by international clients seeking to invest in Cyprus. Demetris Demetriades is the practice head.

Practice head(s):

Demetris Demetriades


Other key lawyers:

George Demetriades; Charalambos Christofi; Pinelopi Charalampous


‘Andreas Demetriades & Co provides clear and pragmatic advice and support, which is delivered in a very swift timeframe. The firm has a clear understanding of its clients’ requirements and supports them through carefully considered solutions.’

‘George Demetriades responds immediately to emails and works at a great pace. He is clear and consistent in his advice, whilst willing to be flexible and supportive in meeting his clients’ objectives.’

‘Andreas Demetriades’ team are very professional and efficient. The service we received from all of them was excellent.’

‘Charalambos Cristofi is extremely professional and polite and a very nice person. Charalambos replied immediately to all of our emails and gave us his total support.’

‘George Demetriadas was extremely professional during the whole process and gave us reassurance. He is a very charming man and was always very pleasant throughout our dealings with him whether in person, by phone or email.’

‘The team always runs very smoothly as their communication is spot on, that I feel is one of the most important factors in a team working well together. ’

‘Charalambous Christofi explained exactly how things would proceed in Cyprus(as opposed to the UK). Always professional; I had complete confidence in him.’

‘The individuals with whom I have dealt with have been exceptionally good at communication. Pinelopi Charalampous has excelled.’


Alexandros Tsirides heads up the ‘professional’ team at COSTAS TSIRIDES & CO LLC, which has a solid track record in acting for foreign and local businesses, banks and individuals on various real estate matters. The group is equally adept at acting on complex real estate structures. Photini Tsirides is another name to note.

Practice head(s):

Alexandros Tsirides

Other key lawyers:

Photini Tsirides; Aristiana Stylianou


‘Easy to deal with firm, with transparent billing. Also, ideal for corporate matters, especially for listed entities. Alexandros and Aristiana stand out for different corporate matters, legal opinions, board matters, compliance etc.’

‘Great knowledge of their field. Productive use of technology and transparency. Approachable. Always available.’

‘They actively listen to understand and advise. Their advice is based on great experience and knowledge.’

‘Excellent quality of services, prompt responses to all issues, excellent collaboration between the client and the team’s members.’

‘Outstanding interpersonal and communication skills, very high professional standards, trustworthiness, adaptability to changing conditions, pleasant to work with.’

‘Highly professional, modern, fast, friendly team. All work is completed on time or faster.  Every team member is great.’

‘The team is very professional and reliable.’

‘Personal and human touch.’

Deloitte Legal | Hadjianastassiou, Ioannides LLC

Gaston Hadjianastassiou heads up Deloitte Legal | Hadjianastassiou, Ioannides LLC's practice, which is instructed by various real estate clients on a myriad of complex matters. The client base includes property companies and real estate investors.

Practice head(s):

Gaston Hadjianastassiou


‘Strong brand, very good practitioners, resourceful office that manages to offer significant level of flexibility and very good service with the direct involvement of the managing partners.’

“Direct approach and offer good money value for their services, with a transparent and competitive pricing. They make you feel that they are there to stand by you and really and truly support your needs and defend your interests, with sincerity and professionalism.’

‘Have been working with Gaston Hadjianastasiou – Knowledgeable, accessible, straight to the point and clear approach and view, friendly, resourceful, efficient.’

Key clients

Health Master Hospital Ltd

Health Master Property Ltd

Hellenic Healthcare Holding Single Member S.A.

Maryvan Limited

Scitus Capital Holdings Advisors Ltd

Work highlights

  • Advising the client on the legal title of immovable properties acquired.
  • Negotiating the terms of a Property Management Agreement for a client.
  • Advising its client on changing the trustees of a Cypriot trust who were affected by UK sanctions and the procedure for recording the changes with the Land Registry, including the preparation and filing of court applications for declaratory and vesting orders.

N. Pirilides & Associates LLC

The experienced team at N. Pirilides & Associates LLC handles a broad range of large-scale construction and real estate projects on behalf of significant local real estate development companies and foreign investors. Managing partner Neofytos Pirilides and senior partner Kyriakos Karatsis co-head the practice, and the duo are regularly instructed in construction projects, including high-end commercial and residential development matters.

Practice head(s):

Neofytos Pirilides; Kyriakos Karatsis


‘They are empathetic towards the customer and the problem. Good listeners. Follow up – especially when you least expect it – is just as important and to me it says a great deal about the company.’

‘They seem to be all well informed and have a good rapport.’

‘The team of N. PIRILIDES & ASSOCIATES LLC consists of gifted consultants who deliver high quality services. Their energy and enthusiasm for service is endless. The team is reliable and a pleasure to work with.’

‘I had the chance to work with Kyriakos Karatsis. His competence, solution-orientation and perseverance are unique and he is certainly one of the best lawyers in the the field of real estate. I would highly recommend him as an excellent attorney and a zealous yet practical advocate.’

‘What is important is the level of comfort provided as a result of their transparency and thoroughness.’

‘Kyriakos Karatsis is an exceptional lawyer providing time and expertise whenever needed.’

Key clients

Finstella Ltd

Silver Leaf Developments Ltd

Marismare Ltd

Arpa Blue Ltd

Constanne Estates Ltd

Lugus Limited

Axios Capital Properties Ltd

Work highlights

  • Assisting a real estate company with concluding a €74m investment agreement with one of the biggest development companies in Cyprus, through which its client acquired a 50% stake in an ongoing skyscraper development project in Limassol, Cyprus.
  • Advising two SPV companies on the €15m purchase of two hotels in Protaras and Pafos, Cyprus.
  • Advising a UHNWI on the purchase, via two SPV companies, of land in Limassol from a development company and the subsequent €12m construction of a luxury villa on the property.

Papadopoulos, Lycourgos & Co LLC

Led by Nicolas Th. Papaconstantinou, the team at Papadopoulos, Lycourgos & Co LLC acts for developers, investment funds, construction enterprises and investors. Other key clients include landowners and corporate tenants. The group is well-placed to advise on all phases of development and infrastructure projects, and has significant experience in advising on photovoltaic park projects.

Practice head(s):

Nicolas Th. Papaconstantinou



‘They prioritise client satisfaction. The legal professionals think outside the box, offering unique solutions to complex legal issues. The team has a track record of successful legal outcomes, demonstrating competence and expertise in handling a wide range of cases.’

‘The team is distinguished by the deep expertise and specialisation of each individual. Whether it’s a partner or an associate, each person brings a unique set of skills and knowledge to the table. The professionals are known for their innovative problem-solving skills.’ 

Key clients

C.A. Papaellinas Emporiki Ltd

Andreas Papaellinas (Energy) Limited

G.S. Tziallis & Sons Limited

Hubloc Construction & Development Ltd

Elessos Limited

Medicover Public Co Ltd

Hubloc Energy Limited

Detifoss Limited

Dawei Limited

Torbreck Limited

Hostilio Investments Limited

Work highlights

  • Advised a real estate compony on the disposal of a leased commercial building consisting of 17 units with separate title deeds.
  • Advised a recently incorporated company dealing in renewable energy sources on various matters, including the lease of land of approximately 1.000.000 square meters and the construction of a PV Plant with 8MW capacity.
  • Advised its client on an extremely time sensitive acquisition of an immovable property co-owned in undivided shares.


STELIOS AMERICANOS & CO LLC‘s multi-disciplinary team is jointly led by Stelios Americanos and Thanos Fiakas, and is well-placed to advise on a range of real estate matters, including real estate investment and finance, contentious mandates and real estate insolvencies. The group is also noted for its capabilities in assisting with construction, environmental and planning issues.

Practice head(s):

Stelios Americanos; Thanos Fiakas

Other key lawyers:

George Andreou


‘The real estate department has a unique commitment to putting clients first. They prioritise understanding the clients’ goals, needs, and challenges, and tailor their services accordingly.’

‘The team comprises seasoned professionals with extensive experience in real estate law. They have successfully handled a number of real estate transactions with us, from residential to commercial, and everything in between.’

What sets them apart is their innovative problem-solving approach. They actively seek creative solutions to complex real estate issues, ensuring that we will receive not only legal advice but also practical solutions.’

‘The team is a blend of experienced attorneys, paralegals, and industry experts who collaborate seamlessly. Therefore, they are capable of handling diverse real estate transactions efficiently and effectively.’

‘We would like to specifically reference the managing partner, Stelios Americanos, and the associate George Andreou for their professional, personalised attitude.’

Key clients

Mantis Group



Fattal/Leonardo Group


Sharelink Financial Services (SFS Group)

Papantoniou Supermarkets

Cofco Agri



Olympic Capital

ClassOne Ltd

K. Athienitis Contractors Developers Public Ltd

PAP Medical


H&M Group (Cyprus)


Yellow Door Energy

M.Z CYPTOP Real Estate Ltd

Gindi Group

ICY Properties Group

MPG Property (Zakaki) Limited

Work highlights

  • Advised Ewave Group in the acquisition, licensing and construction contract of a residential and mixed used project consisted of 280 apartments.
  • Advised Gindi Group on the acquisition, licensing and construction contract of a residential project consisted of 15 apartments.
  • Advised a joint venture on the acquisition of a plot of land in a central location in Limassol.

Stelios Stylianides & Co L.L.C.

Christos Stylianides and Victoria Kadi co-lead the talented team at Stelios Stylianides & Co L.L.C., which continues to be kept busy advising on the purchase and sale of properties. The group's expertise covers a wide spectrum of matters, including handling property management issues and property rental and leasing issues. Construction disputes are a key driver of work, as well as assisting with mortgages and other property charges.

Practice head(s):

Christos Stylianides; Victoria Kadi


‘Very professional.’

‘Always available to advise and understand your requirements.’

Key clients

Medochemie Limited

Costas Athanasiou Group of Companies

John Theodorou Group of Companies

George Roussos Group of Companies

National Bank of Greece (Cyprus) Limited

The Municipality of Limassol

Implex Limited

Kythromak (Asphalting) Limited

The Church Committee of Pera Pedi

Timotheos Panagiotou

S.A. Mesaritis Developers Limited


The Municipality of Pano Platres

Alistars Limited

Kadians Imperial Ltd


Work highlights

  • Advised on the formation of a joint venture company (JVC) which intended to invest in various land development projects in Cyprus.
  • Representing the client in a project which includes the construction of a complex of luxurious apartments in Limassol.
  • Instructed to advise the client on the process of purchasing 100% of the issued share capital of an SPV Company, which was the absolute owner of a plot and apartment building located in Nicosia, Cyprus.