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Pafilia

Pafilia is one of Cyprus's largest private property developers. Founded in 1977 and owner-managed by the Eliades family, it is best known for ONE Limassol — one of Europe's tallest residential seafront towers — and the Minthis golf and lifestyle resort in the Paphos hills.

Founded 1977 Founder Elias Eliades HQ Paphos, Cyprus
1977
Established
60+
International awards
Paphos, Cyprus
Headquarters
THE TRACK RECORD

Pafilia's record.

Widely described as Cyprus's largest private residential developer. The company has received more than 60 international awards and is behind two of the island's most recognisable projects — ONE Limassol and the Minthis resort near Paphos.

Delivery record

Founded in 1977 and owner-managed by the Eliades family, Pafilia has developed residential communities across Paphos and Limassol over more than four decades, ranging from seafront apartments and villas to large resort villages.

Founded1977
FounderElias Eliades
HQPaphos, Cyprus
TypePrivate, family-owned property developer
Active projects13
Entry pricefrom 265,000EUR
SIGNATURE COMMUNITIES

Pafilia flagship destinations.

Seafront residential tower
ONE Limassol
A 170 m, 37-storey Limassol landmark completed in 2021, described as the tallest residential seafront tower in Europe. Home to 84 ultra-luxury seafront residences.
Golf & lifestyle resort
Minthis
A private residential resort community in the Paphos hills, set around an 18-hole golf course and the site of a 12th-century monastery.
Seafront mixed-use towers
NEO
A development of towers on the Limassol seafront.
Residential development, Paphos
Elysia Blu
A residential development in Paphos.
WHAT SETS THEM APART

What makes Pafilia special.

Property types Luxury apartmentsVillasResort residencesSeafront towersMixed-use developments
Price segment Premium / luxury

Signature style

Innovative yet timeless architecture, spanning landmark high-rise towers and low-density resort communities.

13 ACTIVE PROJECTS

All projects by Pafilia.

Live from the catalog — sorted cheapest first. Click any card for the full property page.

GOOD TO KNOW

Common questions about Pafilia.

Where in Cyprus does Pafilia build?+

Pafilia is headquartered in Paphos and develops mainly across Paphos and Limassol, the two regions where most of its residential communities and landmark projects are located. It also has a presence in Athens, Greece.

Can buying a Pafilia property lead to Cyprus residency?+

Cyprus offers Permanent Residency by investment, generally from around €300,000 (plus VAT) in new residential property that meets the programme's criteria. This grants residence rights, not citizenship — Cyprus discontinued its citizenship-by-investment programme in 2020.

Can foreign buyers own a Pafilia home freehold?+

Yes. Cyprus allows freehold ownership of property. Title is registered with the Cyprus Department of Lands and Surveys (the Land Registry), which issues the title deed. Buyers should confirm title-deed status and any permits for each specific unit.

What VAT and taxes apply when buying in Cyprus?+

The standard VAT rate on new property is 19%. A reduced 5% VAT rate can apply to a primary residence, subject to eligibility conditions and size limits set by the Cyprus authorities. Prices are quoted in euros (EUR).

Is Pafilia an established developer?+

Yes. Pafilia was founded in 1977 and is a family-owned company, widely described as Cyprus's largest private residential developer, with more than 60 international awards and decades of delivered projects across the island.

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