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Limassol

D. Zavos Group

Mid-tierDeep-researched
zavos.com
15 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

A direct match with the name D. Zavos Group or any of the group's four known legal entities (D. Zavos Group (Larnaka) Limited, D. Zavos Group Builders Ltd, Larina Estates Limited, D. Zavos Group Management Services Limited / formerly 'D. Zavos Group (Paphos) Limited') was not found either in the Limassol 'Τεχνικά' (Technical works) catalog or in the Larnaca 'Οικοδομικά' and 'Τεχνικά' catalogs of the Cyprus Council for Registration of Building Contractors for 2026 — this supplements the previously checked Limassol 'Οικοδομικά' catalog, where there were also no matches. Thus, the developer itself has no active construction license in any of the checked districts and categories. However, independent and verifiable disclosure of a specific general contractor was found: the company's own corporate publication, Atlas Pantou's 'Pantoumazi' (issue 5, July-September 2020), states that for the flagship project 'Limassol Del Mar' (developer — Cypeir Properties Ltd, a joint venture of Leptos Group and D. Zavos Group), the general contractor is the AMIC Contractors consortium led by Atlas Pantou Co Ltd (together with Man Enterprise, ICM Group, and CMB Societa Cooperativa). Atlas Pantou Co Ltd itself is confirmed as a licensed first-class (Α΄) contractor in the same Limassol 'Τεχνικά' catalog (reg. No. 2763/1987/ΛΕΜ). This corresponds to the 15-point tier: the developer itself has no license, but a specific third-party general contractor is independently disclosed and confirmed by sources.

Legal entity

Official registry data (via CyprusRegistry.com, based on data from the Cyprus Registrar of Companies) confirms that Michalis (Michalis D.) Zavos is listed as director, and D. Zavos Group Management Services Limited as secretary, consistently across all four main named legal entities: D. Zavos Group (Larnaka) Limited (HE140497, active), D. Zavos Group Builders Ltd (HE314640, in the process of a 'strike-off notice'/liquidation), Larina Estates Limited (HE22554, active), and the former 'D. Zavos Group (Paphos) Limited' (HE17424), which in the current registry data now appears under the name 'Artler Ltd' — with the same director and secretary, with no public explanation of the renaming. The group's own website (zavos.com/team) publicly names the real executives — Michalis D. Zavos (CEO), Demetris M. Zavos (chairman), Kristie Zavou (Executive Director/Head of Legal), Elina Zavou (Executive Director of Sales) — which matches the surnames from the registry, meaning real named directors are both in the registry AND publicly disclosed by the company itself (10/10 for real_directors). At the same time, the group nowhere explains or publishes the scheme of the roughly 44 related structures mentioned in the brief (this is not even mentioned on the 'About Us' page); the links between the legal entities can only be reconstructed manually via the registry (5/10 for structure_explained). For completeness: the four main operating legal entities are consistently and clearly linked via a shared director and a shared secretary, as confirmed by the registry, but the full list of ~44 related companies (the very role of D. Zavos Group Management Services Limited as secretary to approximately 44 firms confirms the scale mentioned in the brief) is nowhere publicly listed, and the unexplained renaming of the Paphos entity to 'Artler Ltd' is a small but noticeable gap in the consistency of disclosure (5/10 for completeness). Total for the factor: 20/30.

Town planning permits

D. Zavos Group's own project pages (zavos.com/projects and related sections) and the separate website for the Limassol Del Mar project (limassoldelmar.com/development) list architects, engineers, and quantity surveyors, but do not state specific town-planning or building permit numbers. The only mention found of permit documentation is a general, unnumbered statement on the marketing page of the joint-venture partner (Leptos Group, cyprusinvestments.com.cy) that the project 'has a town planning permit in place, currently being revised' — that is, a general statement with no permit number and no institutional (municipal/Department of Town Planning) publication. No institutional sources with a specific permit number could be found for any Zavos project. This corresponds to the 10-point tier — only a general developer statement (via a partner), with no specifics.

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
1980
Claimed projects
130-170 (the figure grows from source to source — 2024: 170; profile: 160, of which 130 with separate title deeds)
Shown in dataset
5

117 out of 130 with separate title deeds (~90%, per one source)

Cyprus Profile: D. Zavos

Contact information

Address
1 Grivas Dighenis Ave, Zavos Kriel Court, Limassol 3035
City
Limassol
Website
zavos.com
Opening hours
Mon-Tue,Thu-Fri 09:00-13:00,15:00-18:00, Wed 09:00-13:00
Founded
1980

Projects (5)

Limassol Del Mar (JV)

Limassol

A joint-venture (JV) development in Limassol.

Arion Court

Limassol (Petrou & Pavlou/Papas area)

A residential complex in the Petrou & Pavlou/Papas area of Limassol.

Sunset Court

Limassol (Omonoia area)

A residential complex in the Omonoia area of Limassol.

Sun Valley Villas Phase II

Palodia, Limassol

A villa complex (Phase II) in Palodia, Limassol.

Title deed metric

Cyprus

Extended dossier

Corporate structure

Founded
1980 (independently confirmed: cyprusprofile.com, zavos.com, cbn.com.cy, LinkedIn — differs from the previously stated 1975)
Legal entityRegistrationAddress / note
D. Zavos Group (Larnaka) LimitedHE140497registered 12.08.2003, active
D. Zavos Group Builders LtdHE314640registered 09.11.2012; status — 'three-month notice' (in strike-off/dissolution proceedings)
Larina Estates LimitedHE22554active; party to the VAT fraud conviction (01.2025)
D. Zavos Group Management Services Limitedcorporate secretary for ~44 affiliated group entities — a structure of multiple SPVs typical of Cypriot developers
How to check this property's title deed