About

Prospecta development was founded in 1980 and is owned and operated by Antonis Charalambous and family, who are expert land planning and real estate professionals.

Prospecta’s dynamic team, family values and personalized customer orientated approach are key factors contributing to the company’s success. The team has 75 years of domestic and international development experience having worked on a range of property, of varying scale and complexity. The Prospecta brand is synonymous with quality, unparalleled integrity, commitment to excellence and market knowledge. Committed to providing clients with cutting edge design, top quality specifications and professional customer care, client needs are at the heart of each and every project. Taking great pride on a hands-on approach, Prospecta’s professional team guides and advises clients every step of the way, from the initial planning, to the final stages of construction and beyond, covering all aspects of property ownership and lifestyle needs.

One of the Leading Property Developers in Cyprus that has successfully been operating for more than 40 years.

Global Presence and a vast network of associates in China, Vietnam, India, UK, Russia, South Africa, Europe & Middle East.

Global headquarters are based in Cyprus, on the South West coast, in the city of Paphos where the company focuses its major projects.

A Proven track record of over 150 developments.

Successfully delivered over 1,000,000sqm of residential space

Experts in developing villas, townhouses and luxury apartments.

Our services

Prospecta Development team has created a one-stop-shop for buyers that provide them exclusive white-glove VIP treatment. Prospecta Development’s Clients receive exclusive access to their Concierge Service, enriching all aspects of their buying experience. Whether you’re looking to book dinner reservations at one of the premier restaurants, need assistance with a yacht rental for the weekend, or need tickets to a concert or social event, Prospecta Development can provide the highest level of service.

Clients are granted access to:
  • The Best Architects
  • The Best Interior Designers.
  • Experienced and committed team.
  • Property Management and Maintenance.
  • Housing rentals.
  • Legal support and guidance with Permanent Residency Permit
  • Induction to living in Cyprus.
  • School enrollment, banking, legal advice and much more

Our History

1974

1974

INTRO 1974

We take great pride in the homes we build. They not only provide comfort and luxury to homeowners but also serve as a testament to our legacy in the Cyprus home building industry.
We take Nicosia by storm by taking large government residential projects in the capital of Cyprus.

1980

1980

Our Legacy Over The Years

Building superior quality homes is a testament to our expertise and commitment to craftsmanship. The attention to detail, use of high-quality materials, and focus on delivering exceptional design and functionality set our homes apart.

Prospecta is founded by Antonis Charalambous in 1980 inspired by the apparent probability advancement and driven to succeed.

1992

1992

A New Era

After building homes in Nicosia for 16 Years, Prospecta breaks ground in a new residential development in the city of Paphos.

Prospecta makes its first move out of Nicosia to the city of Paphos.

2006

2006

Prospecta Builds its 2,000th Home

2,000 home owners

Select a year to view event details.

THE PROSPECTA DEVELOPMENT ADVANTAGE

WHERE FIRST CLASS SERVICES & EXCLUSIVITY AWAITS YOU

Prospecta’s dynamic team, family values and personalized customer orientated approach are key factors contributing to the company’s success. The team has over 75 years of domestic and international development experience having worked on a range of properties, of varying scale and complexity. The Prospecta brand is synonymous with quality, unparalleled integrity, commitment to excellence and market knowledge. Committed to providing clients with cutting edge design, top quality specifications and professional customer care, client needs are at the heart of each and every project. Taking great pride on a hands-on approach, Prospecta’s professional team guides and advises clients every step of the way, from the initial planning, to the final stages of construction and beyond, covering all aspects of property ownership and lifestyle needs.

  • One of the Leading Property Developers in Cyprus that has successfully been operating for more than 40 years.
  • A strong family run business that operates in the Construction and Property Development sector.
  • Prospecta’s dynamic team, family values and its personalized customer orientated approach are the key factors that contribute to the company’s success.
  • Global headquarters are based in Cyprus, on the South West coast, in the city of Paphos where the company focuses its major projects.
  • Global Presence and a vast network of associates in China, Vietnam, India, UK, Russia, South Africa, Europe & Middle East.
  • A Proven track record of over 150 developments.
  • Experts in developing villas, townhouses and luxury apartments.
  • Successfully delivered over 1,000,000sqm of residential space
  • Long proven history of financial stability provides ease of mind to all our satisfied clients.

PRESTIGIOUS LOCATIONS

Deciding to invest in real estate is one of the most important decisions our clients will ever make and we at Prospecta Development endeavour to place all our clients’ minds at ease when it comes to choosing the best possible location for their new homes. Our land banks are all strategically located in the best possible locations in and around Paphos thereby ensuring our clients phenomenal returns.

  • Highly sought after locations.
  • Excellent return on investment.
  • Strategically located.
  • Conveniently located near all amenities.
  • Close to Private Clinics and Private Schools.
  • Sea, city and Mountain views
  • City living
  • Close to blue flag beaches

DISTINGUISING ARCHITECTURE

The fact that Prospecta Development has successfully been operating for over 40 years, places us in the forefront of all the latest planning and building trends that are continuously evolving in this day and age. Our vast experience over the years has not only allowed us to form unique relationships with our clients but has also allowed us to form long-lasting and meaningful relationships with our associates that assist us in delivering our outstanding projects to our clients – ranging from our master builders, carpentry masters all the way to our architects – where it all begins.

  • Award winning architects.
  • Award winning interior designers
  • Artisan builders and tillers.
  • Specialist carpenters.
  • Latest energy efficiency building specifications.

EXTRAORDINARY CUSTOMER SERVICE

Prospecta Development team has created a one-stop-shop for buyers that provide them exclusive white-glove VIP treatment. Prospecta Development’s Clients receive exclusive access to their Concierge Service, enriching all aspects of their buying experience. The commitment to professionalism and thoughtful attention from our sales associates marks the beginning of a unique experience with Prospecta Homes. We aim to surpass your expectations at every stage, ensuring that the Prospecta experience stands out as truly extraordinary.

Clients are granted access to:

  • Award Winning Architects
  • The Best Interior Designers.
  • Experienced and committed team.
  • Property Management and Maintenance.
  • Housing rentals.
  • Legal support and guidance with Permanent Residency Permit
  • Induction to living in Cyprus.
  • School enrolment, banking, legal advice and much more

What our clients say
Testimonials

We are Kuchi and Uri from Israel, living in Rishon Lezion. We purchased a house in Paphos, Cyprus, Chloraka in a development built by Prospecta Development. The kind assistance we received and the professionalism and support throughout the project were above and beyond anything we could have imagined.
Kuchi and Uri
Israel
I lived in their villa for 3 years. I enjoyed an experience of caring and family. I always had someone to turn to and whoever answered said thank you for everything.
Arava
Israel
Thanks to Prospecta Developers I bought my dream home in Chloraka, Cyprus with a sea view and a private swimming pool!!! Love it I would highly recommend Prospecta Development.
Haim Baroz
Israel
They gave us many helpful suggestions and options during the design and construction process of our Cyprus villa. We followed many of their ideas and our home looked amazing.
Igor
Belarus
The service that you provided for the past 18 years is second to none. Thank you for helping us and making our move to Cyprus so much easier. We always love to come to your office to chat and find out all of your news. It’s nice to have a family away from home.
Paul B
UK
Prospecta Developments ltd are a friendly and professional team who will guide you through the purchasing of their excellent properties in a seamless and easy to understand manner. We wouldn’t hesitate to recommend them to anyone considering purchasing a property in Cyprus. You won’t be disappointed.
Russel & Jane
UK

We would love to hear from you!
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