CyprusDevelopers
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Limassol

Marfields Group

FlagshipDeep-researched
marfields.com
12 documented items

12 documented items for Marfields Group in Cyprus: projects, company records and links to public sources.

At a glance

Headquarters in the database
Limassol
Project records
6
Legal entities with sources
3
Links to public sources
17

Counts describe the coverage of our records, not construction quality or a complete company portfolio.

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.

Extended dossier

Corporate structure

Founded
legal entity 1995 (HE74913); brand narrative 2006
CEO
Tal Mashkif — founder and managing director (Israel; MBA Boston University). Update 10.2026 (about-us): Elena Narbuts — VP of Sales & Marketing (also listed as a director of Marfields Estates Ltd, HE440960); Lenia Pachy — VP of the Design Department; Yiannis Pitsillos — Legal Consultant; Marinos Dimitriou — Financial Controller.
Legal entityRegistrationAddress / note
Marfields Enterprises LimitedHE74913registered 03.11.1995; parent/contracting entity; director Tal Mashkif confirmed in the registry
Marfields Construction LimitedHE338652registered 04.12.2014; A-1 contractor
Marfields Estates LimitedHE440960registered 28.11.2022; the same directors as Marfields Enterprises Limited (HE74913) — Tal Mashkif, Evros Menelaou, Elena Narbuts (secretary — Katerina Tsagkari). Registry mirrors disagree: cyprusregistry.com shows Active, i-cyprus.com shows 'Reminder letter sent' (possibly a stale snapshot). Re-checked 10.2026: cyprusregistry.com still shows Active (its own 'last data change' flag reads 05.12.2025), the directors/secretary are unchanged; the i-cyprus.com side could not be re-verified (the previously used URL now 404s) — the discrepancy remains unresolved.
How to match this brand to the company in your contract →

Additional verified data

Construction contractor license

Since the developer operates through its own contracting entity, Marfields Construction Limited (HE338652), the membership fact was checked directly against the catalog of the Cyprus Council for Registration and Control of Building Contractors (Κατάλογος Εγγεγραμμένων Ανανεωμένων Εργοληπτών 2024, section Οικοδομικά, Λεμεσός district, edition of 17.01.2025). Row No. 263 lists MARFIELDS CONSTRUCTION LIMITED, case no. 10310/2017/ΛΕΜ, address Αγίου Αθανασίου 62, Waywin Plaza, Λεμεσός — both classification columns of the table show class 'Α'', i.e. the highest of the five classes (Α'-Β'-Γ'-Δ'-Ε') applied by the Council. The wording 'A-1' used in the source brief is not the precise official designation of the Cyprus system (which uses the letter 'Α'', informally transliterated by some sources as 'A1'/'A-1'), but the claim is confirmed in substance: the company is registered and is indeed in the highest class. Total: 40 points.

Legal entity

Real directors (10 points): in the Cyprus companies registry, both key legal entities list named individuals, not nominee holders — Tal Mashkif and Γαβριήλ Χαραλαμπίδης for Marfields Enterprises Limited (HE74913), and Ευρος Μενελάου, Valery Bruno Paquier, and the same Γαβριήλ Χαραλαμπίδης for Marfields Construction Limited (HE338652); at the same time, the company itself, on its official website (marfields.com/about-us), publicly names Tal Mashkif 'Founder & Managing Director', meaning the registry data and the public disclosure match. Structure explanation (5 points): the company's website describes only five internal 'divisions' (Design, Construction, Energy, Developer, Real Estate) as a single brand, but does not mention or explain the actual multiplicity of legal entities — Marfields Hospitality Limited (HE443755), NCPR Central Park Residences Management Limited (HE388940), and others; the link between them is established only via registry data (a shared address, Αγίου Αθανασίου 62, Waywin Plaza, and a shared secretary), i.e. it is verifiable only via the registry, not explained by the company itself. Completeness (5 points): the check found additional brand entities not mentioned either on the website or in the brief's original list — Marfields Estates Limited (HE440960), as well as Marfields Services Limited, Marfields Landmark Limited, and Marfields Energy Ltd mentioned in registration data; shareholder/ultimate-beneficiary information for all checked companies is locked and available only in paid registry reports; in addition, a same-named offshore company, 'Marfields Holdings Limited', was found in the BVI (reg. No. 34106), whose link to the Cyprus group could neither be confirmed nor ruled out via free sources; the structure 'MG GAIA Ltd' mentioned in the brief under this exact name was not found in a free registry search. Total for the factor: 20 points.

Town planning permits

The developer's current project pages were checked — GAIA Residences (marfields.com/projects/gaia-residences and the microsite gaialimassol.com), Central Park Residences (marfields.com/projects/central-park-residences and cpark-residences.com), as well as press coverage of The Ritz-Carlton Residences (dom.com.cy citing inbusinessnews.reporter.com.cy). None of these pages states a specific building/town-planning permit number. For the GAIA project, open sources contain only a general statement that the project 'has successfully obtained a building permit', with no document number and no reference to an official body (the Department of Town Planning and Housing or a municipality). No third-party institutional documents with a specific permit number could be found for any project, including NCPR Central Park. This corresponds to the 'general developer statement with no specifics' tier — 10 points.

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
2006
Claimed projects
premium-class portfolio
Shown in dataset
6

Class A-1 contractor; Olympic, Central Park, Ritz-Carlton, GAIA, St. Regis

Marfields: About

Contact information

Address
62 Agios Athanasiou Avenue, Waywin Plaza, Office 301, Limassol 4102
City
Limassol
Opening hours
—
Founded
—

Buyer reviews

Buyers' own opinions, not the site's editorial judgment — we don't compute or publish our own score or rank for developers.

Projects (6)

Olympic Residence (twin towers)

Not independently confirmed

Limassol

A residential complex of twin towers (120 units, two 20-floor blocks sharing a lobby, tennis court, sauna/jacuzzi, gym, '1st sea line' — 50m from the sea) in Limassol; the delivery date and authorship are contested between sources (see actual).

The Ritz-Carlton Residences

Limassol

Ritz-Carlton branded residences in Limassol, managed by Marriott under a minimum 30-year management agreement.

St. Regis Residences (former NEO site)

Limassol

St. Regis branded residences planned for the former NEO site in Limassol.

GAIA Residences

Germasogeia, Limassol

Area: Germasogeia, Limassol — other projects →

A residential complex of 5 blocks with about 150 units in Germasogeia, Limassol.

Olympic Resort (33 floors) → absorbed into Ritz-Carlton

Limassol, Mouttagiaka

A 33-floor tower in the Mouttagiaka area, Limassol.

What to ask about completed projects →

Public sources

View 17 source links

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