Veskip Development, being part of Veskip Estate Group of companies., is a major player in the Cyprus real estate market for over a decade.

Construction and development being Veskip’s main area of expertise, our biggest asset is a bespoke industrial know-how, powered by in-depth understanding of the current market dynamics. It allows us to comfortably adapt our services in response to the market changes, and offer our clientele with the most suitable business opportunities.

With that in mind, if you consider establishing a new construction company business framework in Cyprus, Veskip Development is there to assist you.

Here are a few examples of what you might find of interest:


Small housing projects


Medium housing units


Major construction initiatives


Ground-up Hotel's construction and other asset development opportunities

Typically, such projects can be initiated with starting budget of between 1 to 3.5 million of euros, aiming at potential return or between 20% to 40% of your investment.

Tailored to your specific needs, we will guide you through the following steps:

  1. Guided by our legal team we will facilitate preparation of the documentation pack required for a timely set up of your construction company and obtain the permits necessary as required by Cyprus law regulation. In a nutshell, we will oversee the acquisition of your assets and act to uncover key information that may not be readily apparent during the evaluation process.
  2. Perform a fully comprehensive due diligence and market research activities aimed at finding the most suitable land plot option's.
  3. Facilitate selection and conduct negotiation with the the most reliable architecture firms in Cyprus.
  4. Our tendering specialists will assist with making an educated decision of selection of building companies and supply lines to suit the size and type of your project, aimed at driving the cost down to €1200-1700 per square meter marks.
  5. We will perform technical supervision over the construction process and monitor quality and observance of terms throughout the entire lifecycle of the project.
  6. Utilising the vast amount of experience, which we gained in partnerships with local suppliers and various business alliances in Cyprus, we will assist you with your first steps in setting up your own sales and management departments.
  7. We will work to ensure securing the return of your investment.

We are a team of dedicated professionals who have the expertise, creativity and experience needed to ensure successful outcome of your business objectives. We offer vast amount of experience gained in the industry over the course of more than 10 years, which allows us to find the most suitable options for our clients and work hard to ensure their investment is safe and financially viable.

We would welcome an introductory call to provide you with further detail on real estate construction and development opportunities in Cyprus.