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Limassol
Cyprus Developers Alliance (Sotos Properties)
Mid-tierStructured, pending review
cyprus-alliance.com8 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
- CDA Group claims to have existed since 2009; 'Cyprus Developers Alliance' itself was established in 2010 as a separate structure for selling properties from 43 member developers
- Claimed projects
- 3 confirmed in-house projects (K100/L100/A100) + marketing of ~9-12 thousand properties from 43 independent alliance members (NOT its own construction)
- Shown in dataset
- 3
Its own development line is modest in scale; the alliance/broker layer is a separate, non-construction business
cyprus-alliance.com/about-usContact information
- Address
- 16 Okeanias, Akinita Theoxarous 1, Shop 2, Voroklini 7041, Larnaca
- City
- Limassol
- Phone
- +357 25 059 360
- Website
- cyprus-alliance.com
- Opening hours
- —
- Founded
- —
Projects (3)
Kensington Residences (K100)
Limassol, tourist area, 300 m from the sea
A colonial-style club complex of 3 blocks with 42 apartments and 2 penthouses with private rooftop pools, in Limassol's tourist zone (300 m from the sea).
Old Bridge (L100)
Germasogeia, north-east Limassol
A colonial-style complex of 5 apartments and 1 detached villa in Germasogeia, Limassol.
ARARAT Grand Residences (A100)
Limassol, Amathounta, Seafront Avenue
A complex of 16 apartments and an 8-bedroom penthouse with restaurants, a spa, and commercial space in Amathounta, Limassol.
Extended dossier
Corporate structure
- CEO
- UPDATED (08.2026): the developer's own website (cyprus-alliance.com/about-us/supervisory-committee, not previously cited) names Kirill Pretkel as CEO of the Alliance's executive board, and the Petrossian/Razinkin/Petrosova family as co-founders. The previous hypothesis 'Sotiris Sotiriou (likely founder)' was based only on a matching real-estate-agent license number in the site footer and, in light of the new evidence, more likely refers to the licensed broker rather than to the CEO/founder of the group that actually operates the brand and the K100/L100/A100 projects.
- Owners
- UPDATED (08.2026): per the developer's own website, co-founders are the Petrossian/Razinkin/Petrosova family; the registry lists David A. Petrossian, Alexander A. Petrossian, Mikhail A. Razinkin as directors of CDA Cyprus Developers Alliance Limited (HE277783), and Andreas Siamptanis, Eleftherios Konstantinou as directors of CDA Developments Limited (HE372103). The previous 'not directly disclosed' framing is superseded, but the ultimate beneficial-ownership structure (which of these is the ultimate owner rather than merely a director) is still not independently confirmed.
Scala.cy: Sotos (founder Sotiris Sotiriou) — likely relates only to the real estate agent license, not the group's CEOCyprusRegistry: Sotos Sotiriou Properties Ltd (HE 277416) — director Sotiris SotiriouCyprusRegistry.com — CDA Cyprus Developers Alliance Limited (HE277783) — directors Petrossian/Razinkin
| Legal entity | Registration | Address / note |
|---|---|---|
| Sotos Properties Limited (likely = Sotos Sotiriou Properties Ltd) | HE277416 (not 100% confirmed — see risk flag) | Registered 23.11.2010, director/secretary Sotiris Sotiriou, address Omirou 72, Chalkoutsa 3096, Limassol. The identification is based on the match between the real estate agent license number (591/118-E) and the founder's name, not on a direct source. UPDATE (08.2026): on the developer's own website this entity is listed in the footer only as the licensed real-estate-agent brand ('Sotos Properties Limited, Registration Number 591, License 118/E') — the same license number already known, with no new information. The registry shows that the brand 'Cyprus Developers Alliance' and its projects (K100/L100/A100) are actually operated by an entirely different structure — see the new CDA Cyprus Developers Alliance Limited and CDA Developments Limited entries below, whose directors do not overlap with Sotiris Sotiriou. |
| CDA Cyprus Developers Alliance Limited | HE277783 | Registered 30.11.2010, active. Directors/secretary: David A. Petrossian, Alexander A. Petrossian, Mikhail A. Razinkin. Address: Agiou Athanasiou 51, 'CDA Inter. Business Centre', office 501, Agios Athanasios 4102, Limassol. None of these individuals matches Sotiris Sotiriou. Based on the overall evidence (see corporate.ceo/owners), this is the likely actual holding structure behind the 'Cyprus Developers Alliance' brand, as distinct from Sotos Properties Limited (the licensed real-estate-agent brand, see above). |
| CDA Developments Limited | HE372103 | Registered 26.07.2017, active. Directors: Andreas Siamptanis, Eleftherios Konstantinou. Same address as CDA Cyprus Developers Alliance Limited. |