Cybarco develops luxury residences, offices, marinas, mixed-use destinations and infrastructure projects, primarily in Cyprus, while its contracting arm has worked in Greece, Qatar, Bahrain and Kuwait. It serves homebuyers, investors, residents, businesses and clients through development, sales and construction.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.
AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.
| Project | Overall | Structure & systems | Management & living |
|---|---|---|---|
| Castle ResidencesLimassol61 units | 9.9/ 10 | —/ 10 | 9.9/ 10 |
The largest published review set is 4.9/5 from 14 reviews, which converts to approximately 9.7/10 under the stated curve and sets the level. The smaller 4.8/5 set is directionally consistent, while the written reviews add only a modest positive commentary adjustment; no structural score is assigned because no review evidence about building fabric or systems was published. | Not found in sources: No recurring complaint found · No management complaint found · No security complaint found · No upkeep complaint found · No amenity complaint found | ||
no notes returned no links returned | The published reviews describe a positive day-to-day experience: one calls the property "very convenient and very well run" and says the "Concierge staff are amazing." Other displayed feedback praises the complex as "very nice and quiet," with a "sandy beach" and harbour directly by the residences. | ||
| The OvalLimassol | 9.2/ 10 | —/ 10 | 9.2/ 10 |
Google Reviews/Maps provides the largest published review base at 4.6/5 from 118 reviews, converting to a 9.0 anchor. The written material is strongly positive about the building's appearance, but it is mostly landmark/visitor commentary and does not establish resident management or physical-condition performance; the score therefore carries material uncertainty for actual residential living. | Not found in sources: No resident-management feedback · No maintenance feedback · No staff feedback · No security-incident feedback | ||
no notes returned no links returned | Published reviews focus on the building as an architectural landmark rather than on day-to-day living: Google excerpts include “Very nice design” and “Beautiful picturesque structure in our city,” while Tripadvisor describes it as an “ornament of the city.” Project material reports a manned reception, 24-hour security, controlled access, property management and landscaped gardens, but these are service descriptions rather than resident reviews; current operational performance is therefore uncertain. | ||
| Limassol MarinaLimassol285 units | 8.7/ 10 | —/ 10 | 8.9/ 10 |
Google's 4.7/5 aggregate from 11,018 reviews sets a 9.1/10 converted level, while Tripadvisor provides a materially lower but still positive visitor baseline. The reported resident-oriented complaints about late noise, billing/management and alleged defects pull the evidence-based overall score down to 8.7; the building-fabric sub-score remains null because no structure-specific aggregate rating was published. | Not found in sources: No independent engineering evidence | ||
Visitor reviews repeatedly describe the promenade as “very well maintained” and praise the modern architecture and bridges. However, one 2022 review alleging resident discussions reported “the smell of rot,” visible mold, falling whitewash and crooked walls; this is a single unverified account, not an engineering assessment, and no published building-fabric aggregate score was found. | The dominant day-to-day picture is a lively visitor-oriented waterfront with “plenty of restaurants,” a “really good atmosphere,” and a promenade described as “very well maintained.” Counter-evidence from ReviewEuro includes complaints that music continues after 1 a.m., bills are not substantiated, and management does not respond; these are important resident-oriented warnings but remain a small minority of the published material. | ||
| Aktea Residences 2Limassol24 units | 8.1/ 10 | —/ 10 | —/ 10 No published figure or notes for this part — too thin to score |
The only building-specific aggregate located is 5/5 from four reviews, which converts to 10 under the stated curve but is below the ten-review anchor threshold; therefore the result is kept within one point of 6.5 at 7.5. No separate recurring review themes or readable individual review text were found to justify an additional adjustment. The available evidence is sparse, so this is a low-confidence resident-experience score rather than a robust ten-year assessment. | |||
no notes returned no links returned | |||
| Trilogy PlazaLimassol | 7.8/ 10 | 8.5/ 10 Agoda 10/10 · 14 reviews · agoda.com Agoda publishes 10/10 from 14 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.5. | 8.5/ 10 Agoda 10/10, 10/10, 10/10, 10/10, 10/10 · 14 reviews · agoda.com Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 8.5. |
Google Reviews/Maps supplies the largest review base, 4.4/5 from 99 reviews, which converts to approximately 8.1/10 and therefore sets the level. The score is moderated because the written Google material includes a severe report of lift failures and fire alarms plus a serious parking/security complaint, while repeated praise of location, finishes and amenities offsets part of that reduction. Cybarco’s own publication confirms residents occupied homes by November 2024 and separately lists the Plaza as completed on 10 December 2025; those are status evidence, not review ratings. | Not found in sources: No independent engineering assessment located | ||
Published review evidence praises “best quality in finishes,” spacious rooms and the pool/gym, while the Agoda guest said “attention to detail and cleanliness is elite.” Conversely, one Google review reports that “the elevators are a consistent nightmare” and that fire alarms sounded “at all hours”; this is a serious but single-review report, not a recurring structural finding. | Daily-life reviews praise the location, views and amenities: one guest wrote that “Just by crossing the road you’re on the beach,” and described the pool, gym and Nook café enthusiastically. The negative side is operationally important but thinly evidenced: one Google reviewer reported a parking-barrier dispute and an unhelpful security response, while another described repeated lift failures and alarms; an Agoda guest nevertheless rated service, facilities, location and cleanliness 10.0/10. | ||
| Nireas ResidencesLimassol29 units | 7.5/ 10 | —/ 10 | 7.5/ 10 |
The only located building-specific aggregate is 5/5 from one review, which converts to 10/10 under the stated curve, but the fewer-than-10-review rule requires keeping the result within one point of 6.5; therefore the score is 7.5. No recurring complaint or praise theme was established, and no published structure-specific rating was found. | |||
no notes returned no links returned | The only located review called the property “beautiful” and awarded 5/5, but gave no specific comments on maintenance, staff, security or amenities. The property information page lists a large communal pool, gated access, 24-hour security with CCTV and concierge services; these are published facilities, not resident-review scores. | ||
| Trilogy Limassol Seafront East TowerLimassol125 units | 7.5/ 10 | 8.5/ 10 Agoda 10/10 · 14 reviews · agoda.com Agoda publishes 10/10 from 14 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 8.5. | 7.6/ 10 Agoda 10/10, 10/10 · 14 reviews · agoda.com Booking.com 3.3/10, 3.8/10, 2.5/10, 8.3/10 · 2 reviews · booking.com Booking.com 5/10, 10/10 · 1 review · booking.com Combined from 8 published figures on 2 platforms, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.6. |
Google’s 4.4/5 aggregate from 99 reviews is the largest review base and converts to 7.8/10 under the specified curve. The score is reduced for the reported elevator/fire-alarm failure and partly restored for repeated praise of views, beach access, amenities and finishes; the evidence is predominantly guest/visitor evidence rather than long-term resident evidence. | Not found in sources: Limited direct engineering evidence | ||
Published reviews praise the apartments’ spaciousness, finishes and cleanliness; one Agoda guest called the “attention to detail and cleanliness... elite.” The available Google review material also contains a serious systems complaint that “the elevators are a consistent nightmare” and says fire alarms “scream at all hours”; no published engineering condition report or repeated structural-failure series was located. | Guest reviews repeatedly value the location and lifestyle: one wrote that “Just by crossing the road you’re on the beach,” praised the pool and gym, and called the view astonishing. The negative operational evidence is sharply contrasting: a reviewer reported that a security guard “simply walked away” over parking, while another described elevators breaking down and fire alarms sounding at all hours. | ||
| Trilogy Limassol Seafront West TowerLimassol67 units | 7.0/ 10 | 7.0/ 10 | 7.0/ 10 |
The 4.4/5 aggregate from 99 reviews sets the level and converts to 7.0/10 under the requested curve. The six visible written reviews include both substantial praise and serious isolated complaints, but they do not establish a repeated complaint theme, so the anchor is left unchanged. Structure and living are both reported as 7.0 only because the same building-level aggregate provides the available whole-property evidence; detailed engineering evidence remains limited. | Not found in sources: No recurring engineering evidence · No published plumbing evidence · No published HVAC/electrical evidence | ||
Published review material contains one serious systems complaint: “The elevators are a consistent nightmare, frequently breaking down,” alongside a report that “Fire alarms scream at all hours.” These are individual reports rather than a demonstrated recurring structural pattern; no review evidence was found on plumbing, HVAC, electrical infrastructure, leaks or waterproofing. | Reviews praise the setting and appearance: one calls it the “best location in Limassol” with “amazing sea and town views,” while another says the buildings create a “really cool skyline.” The operational evidence is mixed: a visitor reported that security refused access to parking and “simply walked away,” while another review says the site is crowded on weekends; these are isolated comments, not recurring themes. |
Cybarco Development is the leading luxury property developer in Cyprus with offices in Cyprus, Moscow and St. Petersburg.
Cybarco is a member of the Lanitis Group.
For Limassol Marina, the Lanitis Group owns a 22% share through Cybarco Development, and Cybarco provides project management and exclusive residential-property sales.
WKK Architects designed Trilogy Limassol Seafront.
J+A Philippou Architects collaborated with Cybarco on Trilogy Limassol Seafront.
Thornton Tomasetti provided structural and façade engineering services for Trilogy Seafront Development.
A.J. Pericleous LLC was a project partner on Trilogy Seafront Development.
Evripidou Engineers was a project partner on Trilogy Seafront Development.
Cebarco Bahrain joined Cybarco in a contractor joint venture for Trilogy Limassol Seafront.
Athinagoras Kostakos joined Trilogy as Culinary Director for its food-and-beverage offering.
The Clumsies partnered with Trilogy to create its cocktail menu.
Lanitis Entertainment Ltd manages and operates the West Tower restaurant and food court at Trilogy.
Cybarco is a member of one of the largest, most reputable business groups in Cyprus.
The Lanitis Group, an active member in the project from the early stages of design and development, owns an 22% share of Limassol Marina Ltd, through Cybarco Development Ltd, having also the project management and being the exclusive sales agent of residential properties.
Managed and operated by Lanitis Entertainment Ltd, the West Tower’s restaurant and the food court will be open this summer.
Project Partners WKK Architects, A.J. Pericleous LLC, Evripidou Engineers & Cybarco Development Ltd.
The mixed-use high-rise development, designed by WKK Architects under the leadership of Hakim Khennouchi and brought to life by Cybarco in collaboration with J+A Philippou Architects, Thornton Tomasetti, A.J. Pericleous Engineers and Evripidou Engineers
The mixed-use high-rise development, designed by WKK Architects under the leadership of Hakim Khennouchi and brought to life by Cybarco in collaboration with J+A Philippou Architects, Thornton Tomasetti, A.J. Pericleous Engineers and Evripidou Engineers
The mixed-use high-rise development, designed by WKK Architects under the leadership of Hakim Khennouchi and brought to life by Cybarco in collaboration with J+A Philippou Architects, Thornton Tomasetti, A.J. Pericleous Engineers and Evripidou Engineers
The mixed-use high-rise development, designed by WKK Architects under the leadership of Hakim Khennouchi and brought to life by Cybarco in collaboration with J+A Philippou Architects, Thornton Tomasetti, A.J. Pericleous Engineers and Evripidou Engineers
The contractor is a joint venture between Cybarco, the construction arm of the Lanitis Group, and Cebarco, a major building and civil engineering company based in Bahrain
We were thrilled that Chef Athinagoras Kostakos came on board as our Culinary Director with his team
we partnered with Athens’ ‘The Clumsies’ to create our unique cocktail menu
| COMPANY NUMBER | ΗΕ 251690 Cyprus Registrar of Companies · CY · Active |
| Cyprus | active 9 projects tracked |
| Greece | unknown 0 projects tracked |
| Qatar | unknown 0 projects tracked |
| Bahrain | unknown 0 projects tracked |
| Kuwait | unknown 0 projects tracked |
| Residential, for sale | 7 of 9 |
| Mixed use | 2 of 9 |
| Office | 2 of 9 |
| Other | 1 of 9 |
| Masterplan | 1 of 9 |
| Hotel | 1 of 9 |
| Retail | 1 of 9 |
In my career, my greatest achievement was that my brothers and I kept the principles my father left us with: honesty, respect for our shareholders, our people and social contributionCybarco 2023-10-31https://www.cybarco.com/news/cyprus-business-leader-awards/
Economics
University of Reading
Platon E. Lanitis
Chairman, NP Lanitis Ltd.
Chairman, Lanitis Development Ltd.
Amathus Public Ltd.
Cyprus Popular Bank Public Co. Ltd.
In my career, my greatest achievement was that my brothers and I kept the principles my father left us with: honesty, respect for our shareholders, our people and social contribution
Chairman-level Lanitis Group leader listed as chairman of Cybarco Plc, Cybarco Holdings and Cybarco Development. His documented background includes Lanitis Group leadership and board roles across the group and other companies.
Chairman
Lanitis Group
Cybarco Development chairman
Chairman, Cybarco Development Ltd; Chairman, Cybarco Plc; Chairman, Cybarco Holdings Ltd; Chairman, Lanitis Group
In 2024, Cypriot businesses will have to adapt and cope with the consequences of globalization, those that are happening around us, as well as with and the bureaucratic system in which we operateCybarco 2023-10-31https://www.cybarco.com/news/cyprus-business-leader-awards/
Marios E. Lanitis
In 2024, Cypriot businesses will have to adapt and cope with the consequences of globalization, those that are happening around us, as well as with and the bureaucratic system in which we operate
Senior Lanitis family principal identified as Executive Vice Chairman of the Lanitis Group and, in reporting on Cybarco’s 70th anniversary, Vice Chairman of Cybarco’s board. The Cybarco-specific evidence is older, so its status on 2026-10-10 is uncertain.
Executive Vice Chairman
Cybarco board vice chairman
Executive Vice Chairman, Lanitis Group; Vice Chairman, Cybarco Board of Directors (reported 2015)
It’s always so exciting to watch our vision come to reality. The Project Management team has been working around the clock to bring this vibrant destination to lifeCybarco 2023-11-22https://www.cybarco.com/news/trilogy-a-new-perspective/
Master of Business Administration (MBA)
The University of Texas at Austin
Finance and Econometrics, First-Class Honours
University of Manchester
Michalis Hadjipanayiotou
https://www.linkedin.com/in/michalis-hadjipanayiotou-89039126
Board Member, Cyprus Employers & Industrialists Federation (OEB)
Board Member, Limassol Marina Ltd
PepsiCo International
Procter & Gamble
It’s always so exciting to watch our vision come to reality. The Project Management team has been working around the clock to bring this vibrant destination to life
January 2008
CEO of Cybarco Development and executive director of Trilogy Limassol Seafront. His documented background includes senior experience at PepsiCo International and Procter & Gamble, plus board roles in OEB and Limassol Marina.
CEO
ex-PepsiCo International
ex-Procter & Gamble
MBA
Chief Executive Officer, Cybarco Development Ltd; Executive Director, Trilogy Limassol Seafront Ltd.
MSc Concrete Structures
Imperial College London
BSc(Eng) Civil Engineering
Imperial College London
Heraclis Passades
https://www.linkedin.com/in/heraclis-passades-21984530
Ministry of Communication and Works of Cyprus
Arup
January 2026
Current executive vice chairman of Cybarco Contracting after senior Cybarco roles including CEO and general manager. His documented engineering background includes Arup and the Cyprus Ministry of Communication and Works.
Executive Vice Chairman
Former Cybarco CEO
Civil engineer
Executive Vice Chairman, Cybarco Contracting Ltd
Adam Eyre
https://www.linkedin.com/in/adam-eyre-mciob-47411325b
Horizon Projects Ltd
Non-executive director of Cybarco Development and Cybarco. Independent reporting describes two decades of construction and real-estate experience across London and the EMEA region, alongside his COO role at Horizon Projects in Malta.
Non-Executive Director
20 years construction and real estate
COO, Horizon Projects
Non-Executive Director, Cybarco Development Ltd and Cybarco
Hotel Dipl. Kfm Hotel Management
Modul University Vienna
Executive Leadership Program
CIIM
Panayiotis Michaelides
https://linkedin.com/in/panayiotis-michaelides-b0877311
LEPTOS ESTATES
ARISTO Developers
IHG Aphrodite Hills Resort
Aphrodite Hills Golf
AZIA Beach Hotel
Aloe Hotel
November 2017
Heads business development across the EU and Asia for Cybarco Contracting, covering market strategy, channels and partner agreements. An independent biography describes more than 20 years in luxury hospitality, integrated resorts and real estate.
Head of Business Development
EU & Asia
20+ years international experience
Head of Business Development EU & Asia, Cybarco Contracting Ltd
0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.
| Project | Location | Type | Units | Floors | Area | Cost | Payment plan | Launched | Construction start | Original target | Handover | Delay | Confidence | Status |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Trilogy Plaza | Limassol, Cyprus | mixed use, other | — | — | — | — | 70% upon signing; 20% December 2025; 10% upon delivery1 | 2018 | March 22, 2018 | — | Dec 2025 | — | not scorable | completed |
| Trilogy Limassol Seafront East Tower | Limassol, Cyprus | residential for sale | 1251 | 37 | — | — | 85/151 | 2018 | 6th July 2018 | Mar 2022 | Jan 2024 – Dec 2024 | +27.5 mo (+22.0 to +33.0) | sourced | completed |
| Trilogy Limassol Seafront West Tower | Limassol, Cyprus | residential for sale, office, mixed use | 671 | 40 | — | — | 85% / 15%1 | 2018 | 6th July 2018 | Sep 2021 – Dec 2021 | Jan 2024 – Dec 2024 | +32.0 mo (+25.0 to +39.0) | sourced | completed |
| Aktea Residences 3 | Limassol, Cyprus | residential for sale | 291 | — | — | — | — | 2022 | 02 February 2022 | Dec 2022 | Jan 2023 – Dec 2023 | +6.5 mo (+1.0 to +12.0) | sourced | completed |
| Aktea Residences 2 | Limassol, Cyprus | residential for sale | 241 | — | — | — | — | — | — | — | Feb 2022 | — | not scorable | completed |
| Castle Residences | Limassol, Cyprus | residential for sale | 611 | — | — | — | — | 2017 | 30 March 2017 | Apr 2020 | Jun 2021 | +14.0 mo (+14.0 to +14.0) | estimated | completed |
| Limassol Marina | Limassol, Cyprus | masterplan, residential for sale, hotel, retail | 2851 | — | — | EUR 400m investment announced | 70/301 | 2010 | January 2010 | — | Jun 2021 | — | not scorable | completed |
| Nireas Residences | Limassol, Cyprus | residential for sale | 291 | — | — | — | — | 2016 | April 2016 | Jan 2019 – Dec 2019 | Feb 2020 | +7.5 mo (+2.0 to +13.0) | estimated | completed |
| The Oval | Limassol, Cyprus | office | — | 16 | — | EUR 25m estimated cost | — | 2014 | March 2014 | Sep 2016 – Dec 2016 | Jan 2017 – Dec 2017 | +8.0 mo (+1.0 to +15.0) | sourced | completed |
| Coverage | active |
| Tracked since | October 10, 2026 |
| Last checked | October 10, 2026 this month |
| Profile last researched | October 10, 2026 |
| Claim |