Contact Person
Andreas Anastasi
Cyprus Development Company ‘I Dynamis’ Ltd was set up in 1995 with the aim to develop innovative and market projects of all types of real estate.
Its main shareholder are Hellenic Bank (third largest bank, a public company in Cyprus), C.L.R. Financial Services (a public company), the Cyprus Development Bank (Government owned) and various professional and successful business people.
The company’s current projects extend all over Cyprus and it includes a self contained apartment project with a private pool and gardens at Paphos, apartments in Limassol, the Possidon Beach Gardens at Larnaca, Odysseus bay Village at Pissouri village, two projects at the Paralimni area (Ayios Elias Cottages and Dias Apts), an office block in Nicosia, residential apartments in Nicosia and one young people’s Latsia Boutique Apartments (just outside Nicosia).
The company is one of the most successful property property development companies in Cyprus, with an excellent reputation and of a sound financial standing. It has a constant dividend policy and a healthy land bank for future developments.
All the company’s projects are offered through the use of bank finance, that usually required a 30-40% buyer’s contribution and 60-70% financing over 10-30 years.
The company is managed by Antonis Loizou & Associates - Chartered Surveyors who acts also as sole agents. This is the largest and the most diversified firm of Chartered Surveyors in Cyprus and the Middle East.
It has undertaken the management of the company itself as well as its projects. In addition to the architectural supervision, the firm undertakes clients’ supervision through the use of its own engineers in order to improve quality and performance of the projects. The firm is also employed to manage the completed projects after delivery and operation, so that the company’s projects run as smoothly as possible.