Cyfield Development

Cyfield Development

Cyfield Development is a leading property developer in Cyprus. The company gradually grew and evolved by building selective residential and commercial projects. Over the years, Cyfield Development have grown into an integrated group that ranks as a key player in the construction industry. 

The most famous project developed by Cyfield is 360 Nicosia, the tallest building in Nicosia at 135 metres in height. Here in the capital of Cyprus, Cyfieldh has developed another great project, Central Park Residences, a high rise building that was the tallest building in Cyprus from 2018 to 2020. That being said, Scala is happy to name Cyfield Development the No 1 developer in Nicosia.

But Nicosia is not the only important location where this company has developed great projects. That also happened in Mackenzie, one of the most prestigious areas of Larnaca, where Cyfield Development is also considered the No 1 player on the real estate market thanks to its projects Atlantis and Althea, the tallest buildings located around Mackenzie Brach. 

Cyfield Development is a family business and by combining the family values with the standards of a sophisticated enterprise the company have developed a distinct corporate culture that gives them unique competitive edge.

Cyfield's portfolio covers the acquisition of land, design, construction, marketing and sale of a complete range of residential and commercial properties.

Cyfield Development is focusing on supplying the local and international demand with housing, from small homes to villas, and from simple apartment buildings to luxury high-rise buildings. They ensure functional and contemporary design, fast-paced construction, execution and the transfer of title deeds.

"Cyfield’s goal is to deliver projects that benefit the communities we live in, individuals, corporations of all industries, and draw the way forward for society as a whole"

Founded by one of the best business leaders

Cyfield Development was founded in 1990 by Kyriakos Chrysochos, a Civil Engineer born in Lefkara. After graduating from the Higher Technological Institute, he studied at the City University of New York, where he acquired bachelor’s and master’s degree in Civil engineering. He joined the Chi Epsilon Honorary Society of Civil Engineers for his exceptional academic achievements. The strategies he applied have determined the group's success: the design of innovative buildings, the customer-centric approach, the detailed analysis of business risks, the vertical integration of the Group’s supply chain, and the careful and diversified financial management.

In 2017, the United Kingdom's Institute of Directors awarded Kyriakos Chrysochos as one of the best business leaders. The Institute of Directors (IoD) is a British professional organisation for company directors, senior business leaders and entrepreneurs. It is the UK's longest running organisation for professional leaders, having been founded in 1903 and incorporated by Royal Charter in 1906. In addition, at the 5th KEBE Business Leader Awards in 2018, the founder of Cyfield was awarded with the Business Leader Award in the category of property construction and land development.

"Our mission is to create projects that benefit individuals and corporations and define the way forward, while establishing a lasting positive impact on our community" (Kyriakos Chrysochos, founder of Cyfield Development)

Cyfield Development's portfolio includes

Cyfield Development
Founded 1990
Founder(s) Kyriakos Chrysochos
Employees 600+
Key people George Chrysochos, Despina Chrysochou, Andreas Constantinides, Christos Christou, Christos Papasozomenos, Nicolas Nicolaou, Kyriakos Touloumis, Andreas Doukanaris
Projects Unknown
Flagship projects 360 Nicosia, The Arc-ship Limassol, Nicosia Central Park, Atlantis Larnaca, Althea Larnaca
Head office 132 Limassol Avenue, Nicosia, 2015
Phone +357 22 427230