The ‘collaborative and proactive’ team at Michael Kyprianou & Co. LLC receives many plaudits from clients for its ’fantastic communication and responsiveness’. Under the joint leadership of Savvas Savvides and Lambros Soteriou, it often acts in complex and high-value transactions for the purchase of land and the construction of properties. These deals are mostly for owner-occupiers, and the team also advises investors who intend to either generate income or sell these properties. It is regularly instructed by UHNWIs. Other major clients include private and public companies, retailers and hotel owners. It acts for bankers, developers and government officials. The ‘erudite’ Esme Palas is highly regarded and frequently helps clients with all aspects of their property-related transactions, including estate planning, succession and tax-related issues.
Legal 500 Editorial commentary
Mentions
Profile
Work Department
Immigration, Immovable Property, Dispute Resolution and Arbitration
Position
Partner, Head of Paphos Office
Career
Savvas Savvides is a Partner of the office of Michael Kyprianou & Co. LLC Law Firm and the Managing Partner of the Paphos Office.
He specialises in the area of Real Estate and Construction and his client list includes corporations and individuals globally. The Legal 500 Europe, Middle East and Africa (EMEA) guide which ‘… highlights the practice area teams who are providing the most cutting edge and innovative advice to corporate counsel’ endorse Savvas as a recommended lawyer and describe his office as a professional team that is headed by Savvas Savvides who gives clear and concise advice. Client testimonies describe ’Savvas legal knowledge and the way that he implements it is second to none and that they have found him to be professional, efficient, conscientious, hardworking and exceedingly patient’.
He has been listed 3 times continuously on the City Wealth Leaders List as a leading lawyer in Cyprus and Honoured by the International Profession for his Professional Business Activities.
As a lawyer he has established a reputable reputation in the legal community especially with any issues related to Real Estate Law. His expertise and knowledge of Property Law is one of the reasons that he has been referred to over the years by individuals and international firms and he is currently a registered external Lecturer of the Holborn College in the United Kingdom.
Savvas has been invited and contributed to features on Cyprus for the Legal Business Magazine, Mondaq, In Business Magazine, Chambers & Partners, various newspaper articles and been invited to numerous radio interviews.
Savvas has established himself as an outstanding professional and gained an excellent reputation in assisting and protecting the interests of his clients.
Languages
Greek and English
Memberships
Cyprus Bar Association
Paphos Bar Association
Education
LLB (Hons), LLM
Content supplied by Michael Kyprianou & Co. LLC
Testimonials
Collated independently by Legal 500 research team.
‘Eleni Drakou and Polina Polycarpou were superb. Not only were they always available and ready to assist; each time we needed them they clearly spelt out our options, explained the implications of each, gave solid advice, and then helped us implement our decisions.'
‘Esme Palas is very dedicated. She deals with the complexities of foreign investment in the Cypriot property market, explaining what the firms can do and what is normal within Cyprus for the inexperienced buyer.’
‘Very professional but still very personable so gives you confidence to deal with them. Provide strong advice in a calm manner. Strong communication across all aspects through email, phone and message.’
‘Esme Palas is an outstanding individual. Very professional and good at keeping us up to date with all aspects of our legal work. She also goes above and beyond the call of duty.’
‘In a word, "excellence". The Paphos practice is managed by a very able, competent and dedicated partner. He has instilled an exceptional work ethic and developed a team of highly motivated staff. The practice stands out from other firms because it has a reputation for achievement and getting things done.'
'Savvas Savvides has demonstrated his methodical and meticulous thought process, excellent judgement and ability to remain calm when faced with the unexpected. He is completely focused on protecting client interests at all times. Although extremely knowledgeable everything is thoroughly and painstakingly researched.'
‘Mr Savvas Savvides runs a very professional team who are informed and proactive. Mr Savvides has always made himself available even at short notice.’
‘Esme Palas is superb. Her team, Leoandros is also superb. Flexible and clear communications.'
Key clients
- Ase Dinamika Ltd
- K2N Stargem Consulting Group Ltd
Work highlights
Successfully completed various sale and purchase transactions for numerous clients for properties exceeding EUR 1bn.
Advised a real estate development company in negotiating and finalising a construction agreement valued at EUR 1,500,000.
Advised on a complex project which involved dealing with a lot of building restrictions and protected zones due to archaeological sites on the premises.