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Limassol

Compass Developers

Volume builderDeep-researched
compassdevelopers.com
12 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.

Portfolio scale

Founded
2002 (brand's marketing date); the parent legal entity HE25615 was registered in 1985 under a different name
Claimed projects
20+ named developments across the company website and aggregators (Juniper, Banglay, Banya, Celtis, Akasa, Conifer, Alder, Hinoki, Balsam, Arya, Saul Boutique, Salvia, Hickory, Almond, Aster, Elder, Alinea Lano/Primo/Suites/Urban/Diono/Market, Kapsalos Apartments, Pecan, Solferino West) — company/aggregator claims, not individually verified for most
Shown in dataset
4

Small to mid-size boutique buildings (typically 5-25 units each), no towers, marinas, or golf resorts; all development concentrated in Limassol

Compass Developers: Library (Completed Projects)

Contact information

Address
58 Kolonakiou Avenue, Agios Athanasios, Limassol 4103
City
Limassol
Opening hours
Founded

Projects (4)

AKASA

Panthea, Limassol

A 21-unit development (2-3 bedroom apartments) in Panthea, Limassol.

Alinea (Suites & Urban — serviced apartments)

Limassol city centre

A serviced-apartment property (Suites and Urban) in Limassol city centre.

BANGLAY

Germasogeia, Limassol, ~1 km from Dasoudi Beach

A 14-apartment building (A-rated energy efficiency) in Germasogeia, Limassol, ~1 km from Dasoudi Beach.

JUNIPER (Dark & Light)

Limassol city centre (City Center)

A property in Limassol city centre (City Center).

Extended dossier

Corporate structure

part of A group of related companies under the common control of Evros (Euros) Evripidou, with a separate project SPV confirmed for at least two developments (AKASA, BANGLAY); Compass Properties Limited acts as an intermediate holding/director layer (confirmed as corporate director of Compass Akasa Limited)
Founded
2002 (marketing date of the 'Compass Developers' brand); the parent legal entity HE25615 was registered on 21.11.1985 under a different name — a brand-date vs. entity-date discrepancy seen elsewhere in this dataset (cf. Pafilia, Tofarco)
CEO
Evros (Euros) Evripidou — established as director via the registry (i-Cyprus/CyprusRegistry/24glo); third-party people-search aggregators (RocketReach, DeepEnrich) list him as CEO of the Compass Developers brand. He is also CEO/shareholder of an unrelated Cyprus fintech company (Xprowire Holdings Ltd / Xpro Globalpay), not directly connected to development — mentioned for completeness, not as a red flag.
Owners
Appears to be a family business under the control of Evros Evripidou: he is director of both HE25615 and HE365450, and secretary of HE430558; the secretary of HE25615 is Stefos Evripidou (likely a relative, relationship not documented). Shareholder structure is not publicly visible without a paid registry report (€50-65).
Legal entityRegistrationAddress / note
Stekepa Ltd (trading brand: Compass Developers Limited)HE 25615Δήλου, Ypsonas Industrial Estate, 4180 Limassol (per the registry); the brand's actual public office is 58 Kolonakiou Ave, Ayios Athanasios 4103, Limassol · A direct check via cyprusregistry.com confirms the current legal name of HE25615 is "ΣΤΕΚΕΠΑ ΛΤΔ" (Stekepa Ltd), not "Compass Developers Limited" — matching the rename hypothesis originally based on a single source, 24glo.com. The current registry status is "Three month notice published" (a strike-off notice — not equivalent to immediately ceasing operations). Director: Evros (Euros) Evripidou; Secretary: Stefos Evripidou. "Compass Developers" remains the public trading brand, but the legal entity behind it no longer formally carries that name and is in a possible strike-off process.
Compass Properties LimitedHE 36545058 Kolonakiou Ave, Ayios Athanasios 4103, Limassol · Reg. 26.01.2017, status Active. Director: the same Evros Evripidou; Secretary: Goodwealth Corporate Services Ltd. Acts as corporate director of the project SPV Compass Akasa Limited — i.e., functions as a holding/management layer of the group, not merely a neighboring firm at the same address.
Compass Akasa LimitedHE 43055858 Kolonakiou Ave, Ayios Athanasios 4103, Limassol · Reg. 27.01.2022 — project SPV for AKASA. Director: the legal entity Compass Properties Limited; Secretary: Evros Evripidou personally.
Compass Banglay LtdMCIT HE 44406258 Kolonakiou Ave, Ayios Athanasios 4103, Limassol · Project SPV for BANGLAY; registered 22.02.2023, status Active. Director: the legal entity Compass Properties Limited; Secretary: Evros Evripidou personally (confirmed via a direct registry query — previously listed as unconfirmed). Address matches the rest of the group.
How to check this property's title deed