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Crona Group is a Limassol-based consortium of real-estate development companies, headquartered in Agios Athanasios with an additional office in Dubai. It describes itself as a group that covers every aspect of real-estate development, from project inception to completion, controlling each stage in-house rather than relying on third-party contractors. Its licensed building arm, Crona Construction, holds an A'A' top-tier construction licence — the highest category in Cyprus. The company reports 20+ years of experience, 50+ completed projects and 300+ professionals across the group. Its output spans boutique apartment buildings, residential complexes and villas, plus commercial offices, concentrated in established Limassol neighbourhoods.
Crona Group is positioned as a full-cycle Limassol developer that keeps the entire process in-house — land acquisition, design, engineering, construction and sales under one consortium — and, per its own statements, does not sub-contract the build to third parties. Its construction arm, Crona Construction, holds an A'A' top-tier construction licence, the highest category in the Cyprus contractors' register, which signals the resources and competencies to undertake large-scale projects. The group's work is concentrated in established, well-connected Limassol neighbourhoods such as Columbia, Kapsalos, Mesa Geitonia, Germasogeia, Mouttagiaka and Pyrgos.
Crona Group reports 50+ completed projects and a team of 300+ professionals across the consortium. Independent developer directories list a smaller number of individually named schemes, so the 50+ figure is best read as the company's own tally across two decades of building. As a private developer it sells off-plan and under construction, with the price staged across the build rather than paid upfront in full.
The company reports 20+ years of experience; corporate records indicate the group has operated in Limassol since around 2007 (roughly 19 years as a registered entity, HE375471), the '20+ years' figure likely reflecting the collective experience of its teams.. 50+ completed projects (company-reported)
Crona Group does not publicly disclose detailed corporate financials. The clearest external signals of capacity are its A'A' construction licence (top tier in Cyprus), a holding structure that includes its own licensed builder (Crona Construction) so that development and construction are handled in-house, and a portfolio of delivered and sold-out schemes in Limassol. The company reports 300+ professionals across the group. Funding follows the standard Cyprus model of off-plan and under-construction sales staged across each build.
Crona Group specialises in boutique-to-mid apartment buildings, larger residential complexes and villas, complemented by commercial office space, placed across established Limassol neighbourhoods. Its differentiator is a full-cycle, in-house model: as a consortium that includes its own A'A'-licensed builder, it takes projects from land and design through engineering, construction and sales without handing the build to third-party contractors — which the company presents as its main quality-control advantage. Homes are delivered to modern specifications and marketed both to end-users and to investors.
Crona Group sells off-plan and under construction, with the price staged across the build in the standard Cyprus manner — a reservation fee, a larger payment on signing the contract of sale, interim stage payments as construction progresses, and the balance on delivery of keys. Ready-to-move-in stock (e.g. Onyx, Garden Square) can complete faster. Exact terms vary by project and should be confirmed per scheme. Note that quoted prices are ex-VAT ("+VAT").
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Crona Group is a Limassol-based consortium of real-estate development and construction companies, headquartered in Agios Athanasios with an additional office in Dubai. It describes itself as a group that covers every aspect of real-estate development, from inception to completion, and controls each stage in-house through its own A'A'-licensed builder, Crona Construction. The company reports 20+ years of experience, 50+ completed projects and 300+ professionals across the group.
Crona Group builds mainly apartments, residential complexes and villas, plus commercial offices. Its work is concentrated in Limassol — across established districts such as Columbia, Kapsalos, Mesa Geitonia, Germasogeia, Mouttagiaka and Pyrgos. On Palmera it lists active projects from €268,000 (+VAT), including the boutique GALEA scheme and the mixed-use GATEWAY residences and offices.
The company reports 50+ completed projects and 20+ years of experience, with delivered, sold-out schemes in Limassol such as Park Tower, the Unity I/II/III series, Ariadne, Autograph, Dasoudi and Park Suites & Villas, alongside ready-to-move-in stock like Onyx and Garden Square. These headline figures are the company's own statements. Its construction arm holds the highest-tier A'A' construction licence in Cyprus.
Yes. Any nationality can buy freehold property in Cyprus. Non-EU buyers need Council of Ministers approval, which is routine and typically takes about 2–3 months. Title is registered at the Cyprus Land Registry (Department of Lands & Surveys) — there is no DLD or RERA — and buyers protect an off-plan purchase by lodging the contract of sale for specific-performance protection.
It can support Permanent Residency, not citizenship. A new primary-market property from €300,000, together with €50,000/year of income from abroad, can qualify for a Cyprus PR application — a residence permit, not a passport. Citizenship-by-investment was abolished in 2020. Note too that Cyprus is in the EU but not yet in full Schengen, so PR does not grant border-free travel.
Prices are quoted ex-VAT. Standard VAT is 19%; a reduced 5% rate applies only to an owner-occupied first home (first 130 m², caps €350k value / €475k transaction), so a buy-to-let or PR unit pays 19%. Stamp duty is abolished, and there is no inheritance, gift, wealth or annual national property tax. Capital gains tax is 20% on Cyprus property, and non-doms pay 0% on dividends, interest and rent for 17 years. All figures are indicative for 2026 and subject to change — confirm with a Cyprus tax adviser.
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