A full-cycle Limassol developer — one consortium covering every stage from land to keys.
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.
מה שהופך את Crona Group ליזם עם רקורד מסירה מוכח, מיצוב ברור בשוק ומודל מימון שקוף.
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.
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 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.
הפרויקטים הבולטים שממחישים למה Crona Group תופס מקום מוביל בשוק הדירות היוקרה שמחוץ לתוכנית בקפריסין.
One of the group's most prominent completed residential landmarks in Limassol, part of a Park-branded family of schemes (alongside Park Suites & Villas). Now sold out — a marker of Crona's move into taller, higher-profile city product.
Delivered · sold outA three-phase residential series delivered across successive buildings, all sold out. Repeat, phased schemes of this kind are a signature of Crona's volume, value-focused apartment product in established Limassol districts.
Delivered · sold outA completed premium apartment scheme, marketed as ready to move in. Positioned at the higher end of Crona's residential range (entry around €585,000 when last listed), it targets end-users and investors wanting a finished, move-in-ready home.
Delivered · ready to move inA completed mixed apartment-and-villa development, marketed as ready to move in (entry around €555,000 when last listed). A larger, amenity-led scheme that broadens Crona's product beyond single apartment blocks.
Delivered · ready to move inAn active boutique low-rise of around 11 apartments in the Columbia / Germasogeia area, one of Limassol's most sought-after coastal-adjacent districts. From roughly €282,825. A small, design-led format aimed at both lifestyle buyers and the buy-to-let investor.
Active · under developmentAn active mixed-use scheme in Mesa Geitonia combining apartments (from ~€299,000) with modern offices (from ~€6,600/m²). One of the few Crona projects to pair residential with graded commercial space, suited to investors seeking a mix of let-to-live and let-to-business income.
Active · under developmentMid-market to premium
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").
Columbia (Limassol) · Germasogeia (Limassol) · Mesa Geitonia (Limassol) · Kapsalos (Limassol) · Mouttagiaka (Limassol) · Pyrgos (Limassol)
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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