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Limassol

bbf: (build.better.future)

Volume builderDeep-researched
bbf.com
20 documented items

This is factual material from public sources, collected by the editorial team — not the opinion of an expert, not a financial rating, and not a "good/bad developer" judgment. Mentions of court cases, investigations, or individual findings below are not an accusation of wrongdoing; see the legal disclaimer for more.

Additional verified data

Construction contractor license

The open question from the brief is resolved: BBF CONSTRUCTION CY LTD (ΗΕ 322721, registered at Ambelakion 28, Germasogeia 4046, Limassol — the same address as BBF Global Ltd and BBF Development Limited) does indeed belong to the bbf group, and is not a namesake. Confirmations: (1) a shared director, Eleftherios (Lefteris) Konstantinou, is simultaneously listed as a director of BBF CONSTRUCTION CY LTD, BBF GLOBAL LTD (ΗΕ 265599), and BBF FACILITY MANAGEMENT CY LTD (ΗΕ 322741) — all three at the same address, 28 Ambelakion St; he is also publicly referred to in the press as bbf's general manager/managing director. (2) The company ΗΕ 322721 itself previously bore the name 'PRIME PROPERTY CONSTRUCTION AND DEVELOPMENT P.P LTD' — this matches the known rebranding history of Prime Property Group → bbf (2022) and the chain already known from the brief, 'PRIME PROPERTY DEVELOPMENT P.P. LTD → BBF DEVELOPERS LTD'. (3) The requester previously confirmed the presence of exactly 'BBF CONSTRUCTION CY LTD' in the official Limassol district list of building contractors (category 'Οικοδομικά', row 68) on contractorscouncil.org.cy. In total: the link to the group is confidently confirmed via director+address+renaming history+the official contractors registry. Not confirmed (hence the score is not maximal): the exact license class/category (A/B) was not checked directly in the Council's registry; an indirect lead — a 'Best Contractor' award in the Health & Safety 'B' category for construction projects from the Limassol Association of Building Contractors (2024) — but this is a competition category, not a confirmed legal license class.

Legal entity

Partially transparent at the level of people, but not at the level of the legal structure. Plus: bbf.com/en/about/ openly names the founder/chairman of the board Vadim Romanov, co-founder Julia Romanova, and the entire current top team (CEO Constantinos Savvides since 2026, COO Vasily Osipov, Chief Legal Officer Evi Pilavaki, CMO Artem Burtsev, Sales Director George Dokuchaev, Lia Kareliadou). Minus: the website presents 'bbf' as a single brand without explaining that behind this brand there are at least four different Cyprus legal entities at one address (BBF Global Ltd ΗΕ265599, BBF Development Limited ΗΕ355423, BBF Construction Cy Ltd ΗΕ322721, BBF Facility Management Cy Ltd ΗΕ322741) — which of them acts as the developer/seller under a specific contract, who the ultimate beneficial owner is, and how the shares are distributed is disclosed nowhere on the website or in the press (this information was reconstructed only via independent Cyprus registries). No data on legal entities in Portugal and Canada was found at all — neither a company name nor a legal form (Lda/Inc, etc.), despite the website and press mentioning a presence in these countries.

Town planning permits

There is no centralized permit registry in Cyprus, so the scoring is based only on the developer's own disclosure. Disclosure of STATUS, but not a number, was found: in May 2026 Cyprus Mail and CBN, citing bbf, reported that 'all town planning permits have been secured' for the Berengaria restoration project (€30 million) and that building permits are expected within a year — however no specific Town Planning Permit / Building Permit number is given in the articles. For the project on the KEAN plot (2023), there was only mention of a 'preliminary meeting' with the Department of Town Planning — a permit had not been obtained at that point. No direct permit numbers were found on bbf.com for current projects (:flow, KEAN, Berengaria, etc.).

Collected from public sources (contractor registry, company registry, press). A fact not found means "not found in public records," not "doesn't exist."

Portfolio scale

Founded
2007
Claimed projects
145-150 (at various stages, not completed)
Shown in dataset
10

Cyprus/Greece/Portugal/Canada; flagship projects Sky Tower, Eden Roc, Marco Polo; the '51 Projects' program 2024-2028

Cyprus Mail 02.2024

Contact information

Address
28 Ambelakion St, Germasogeia, Limassol 4046
City
Limassol
Website
bbf.com
Opening hours
Mon-Thu 09:00-19:00, Fri 09:00-17:30
Founded
2007

Projects (10)

Sky Tower (23 floors, ~98 m)

Limassol, Potamos Germasogeia · residential — high-rise · 23 floors

A 23-floor residential high-rise (~98 m) in Potamos Germasogeia, Limassol — the first building in Cyprus with post-tension floor slabs.

Eden Roc (Blocks A-D, 8 floors)

Limassol, Potamos Germasogeia · residential · 4 blocks, 8 floors

A residential complex of 4 blocks, 8 floors each, in Potamos Germasogeia, Limassol.

Marco Polo (leaning tower, 50 m, ~22°)

Limassol, Amathounta (near St Raphael Marina) · residential — high-rise · 19 units, 11-12 floors, 50 m

A leaning residential tower, 50 m tall (~22° tilt), 19 units across 11-12 floors, in Amathounta, Limassol; double-curved facade, post-tension construction.

The Heritage (31 units)

Paphos, Kato Paphos · residential · 31 apartments

A residential complex of 31 apartments in Kato Paphos.

Infinity Towers (2 towers)

Limassol, Agios Tychonas / Amathus · residential — high-rise · 110 apartments; 23 floors (Limassol Chamber) / 25 floors (UHA, Pericleous)

A twin residential tower complex with 110 apartments (23-25 floors), in Agios Tychonas/Amathus, Limassol.

Berengaria Luxury Boutique Hotel (restoration)

Prodromos (Troodos) · hotel restoration · historic 1932 hotel

Restoration of a historic 1932 hotel in Prodromos (Troodos) into a boutique hotel.

The '51 Projects' Program + :summit + :flow + :eden bay

Nicosia/Limassol/Paphos/Larnaca · mixed pipeline · 51 projects

A pipeline of 51 residential and commercial projects across Nicosia, Limassol, Paphos, and Larnaca (including :summit, :flow, :eden bay).

Early Prime/bbf Portfolio (confirmed by catalog)

Limassol (mainly) · residential — mixed · dozens of complexes

A portfolio of dozens of earlier residential complexes in Limassol (Allure Residence, Amathea, Bellini, Bosco, Coastal Park, and others).

KEAN (factory site redevelopment)

Limassol, Agios Tychonas · mixed use pipeline · 4-5 towers, 39-85 m

Redevelopment of the former KEAN factory site (~40,000 sq.m) in Agios Tychonas, Limassol, into a cluster of 4-5 towers (residential and office, 39-85 m) with gardens and public plazas.

Palodia project (via Frontarico Ltd)

Limassol, Palodia · mixed use pipeline · ~310,000 sq.m, 3 phases

A large mixed-use development in Palodia (Limassol) via the entity Frontarico Ltd: a university campus, an R&D centre, a solar park, residential and commercial space (~310,000 sq.m).

Extended dossier

Also known as

Prime Property GroupBBF DevelopersBBF Global LtdBBF Development Limited

Corporate structure

Founded
2007 (development; agency activity — since ~2003 according to DOM)
CEO
Constantinos Savvides — CEO (since 01.2026; previously Chief Investment Officer from 03.2025). Before this appointment, the 'General Director' title on bbf.com was held by Eleftherios (Lefteris) Konstantinou — sources do not clarify the exact relationship between these two roles.
Owners
Not publicly disclosed. Registry records show Eleftherios (Eleutherios) Konstantinou as director/secretary across several group entities (including secretary of PRIME PROPERTY P.P. LIMITED, HE304015), but the director of record for that same entity is Georgy Dokuchaev — independently identified as the group's Sales/Commercial Director, not a confirmed beneficial owner. The ultimate ownership structure is not confirmed by any source.
Claimed portfolio
145-150 projects at various design/development stages (NOT completed)
Legal entityRegistrationAddress / note
BBF DEVELOPMENT LIMITEDHE35542328 Ambelakion St, Germasogeia, 4046 Limassol
BBF Global LtdHE26559928 Ambelakion St, Germasogeia, 4046 Limassol · listed in the bbf.com footer
PRIME PROPERTY DEVELOPMENT P.P. LTD → BBF DEVELOPERS LTDname change (registry)
Frontarico Ltddescribed in press coverage as 'connected to the bbf: group'; the holding entity for the Palodia project (see projects). The exact corporate relationship to the group's main legal entities is not disclosed.
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