Cybarco Development

Cybarco Development

Cybarco Development is a leading luxury property developer in Cyprus, established in 1945, and its long history and solid reputation are behind some of the most significant development, infrastructure, building and civil engineering projects on the island.

The company is responsible for bringing many of the island’s landmark projects to fruition – including the world-class Aphrodite Hills Golf Resort, Sea Gallery Villas, Akamas Bay Villas, The Oval and Limassol Marina, the first residential marina project on the island. Cybarco Development is also responsible for the development of Trilogy Limassol Seafront, a unique integrated high-rise destination to live, work and play in the heart of the island’s most vibrant and international city.

Operating also in Greece, Qatar and Bahrain, Cybarco Development is involved a diverse range of residential, leisure and infrastructure projects. With over 70 years’ experience at the top of its industry, Cybarco has earned its reputation for outstanding quality and dedicated customer care by consistently delivering projects to the highest standards.offering outstanding properties for sale in Cyprus.

The famous family behind Cybarco Development

Cybarco Development is part of the prestigious Lanitis Group, one of the biggest corporations in Cyprus, established towards the end of the 19th century by Panayis Sykas, later known as Panayis Lanitis. In 1896 his two sons, Nicolas and Costas, established a business partnership which eventually became the back bone of the Group

The Lanitis family was a well-known family in Cyprus during the WW1 and WW2. 

Cybarco Development was foundd in 1945 and the most important role for the growth and expansion of the business is credited to Evagoras C. Lanitis. He is the son of Costas and tthe grandson of Panayis Sykas.

Evagoras was born in Limassol on October 10th, 1921. He graduated from the Limassol Gymnasium in 1939. From 1945 till 1948, he studied at Cambridge University, from where he received his Β.Α Honours Degree in Law. In 1951, he received his Μ.Α. (Honours) in Law from the same university. After his graduation from the University of Cambridge, he undertook the position of managing director of  Cybarco and the whole Group and became the Chairman of the Group a few years later.

In 1952 Evagoras Lanitis was appointed Consul of Holland and ended his service in 1991 as Consul General of the same country. From the 8th of August 1974 till the 20th of January 1975 he was the Ministries of Agriculture and Commerce.

Evagoras was very well known not only for his successful business activity but also for his contribution to society. He undertook social and humanitarian activity by donating funds and supporting the areas of archaeology (archaeological excavations), medicine, education and culture. 

He passed away in 1992 and following his death his children Platon, Costas and Marios and Isavella Eliades, under the leadership of Platon, led Cybarco and the whole Group into the 21st century.

Cybarco's portfolio includes

Cybarco Development
Founded 1945
Founder(s) Evagoras Lanitis, Nicolas P. Lanitis, Costas P. Lanitis
Employees 200 - 300
Key people Platon E. Lanitis, Marios E Lanitis, Michalis Hadjipanayiotou
Projects 300+
Flagship projects Trilogy Limassol, The Oval Limassol, Limassol Marina, Aphrodite Hills Golf Resort, Akamas Bay Villas, Sea Gallery Villas, Limassol Greens
Head office 10 Tefkrou Anthia Street, Nicosia, 2540
Phone +357 22 741 300