← All developerspart of Operates via a per-project SPV structure: at least 8 identified 'Pinatas'-branded Cyprus legal entities (Pinatas Residence 1, 2, 3, 4, 5, 10 Ltd; A. Nissan - Pinatas 8 Ltd; Flerie Pinatas Limited), most sharing directors Hagit Kertes and Uriel Kertesz. No separate publicly filed 'Pinatas Group Ltd' holding entity was found; 'Pinatas Group' appears to be the group's trading/marketing brand rather than a single registered company.
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23 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
- Corporate lineage traces to 19/03/2018 (HE381422, incorporated as 'AT&FR Developers Ltd', later re-registered as 'Pinatas Residence 4 Ltd'); the family's own claim of '40-50 years' of experience refers to construction-industry background, not company age. Five more 'Pinatas Residence' SPVs were incorporated between 20/05/2022 and 14/04/2025, indicating the branded, multi-project structure is largely a 2022-2025 build-out.
- Claimed projects
- 9 numbered 'Piñatas' projects are referenced across the developer's own site and registry filings (1 through 9); 6 have live, publicly marketed project pages (1, 4, 5, 6, 7, 9) as of this check, one exists only as a registered SPV with no public page found (8), and two 'Residence' SPV numbers (2, 3, 10) have no marketed project positively matched to them in this pass.
- Shown in dataset
- 7
Small-to-mid boutique buildings, typically 6-8 residential units per building (91-132 sqm apartments), plus one larger mixed-use/commercial building (Piñatas 5, ~1,000 sqm plus basement, aimed at offices/showrooms).
pinatas.cy - ProjectsContact information
- Address
- P.O. Box 72054, Parthenonos, Limassol 4190
- City
- Limassol
- Phone
- +357 99 324617
- Website
- pinatas.cy
- Opening hours
- —
- Founded
- —
Projects (7)
Piñatas 1
Limassol, Agios Ioannis
Low-rise, 4-floor building of 8 two-bedroom apartments (91-126 sqm) with rooftop terraces, Agios Ioannis, Limassol.
Piñatas 4
Limassol, Omonia
Stand-alone building of 6 apartments (2-3 bedrooms, 96-132 sqm, up to 3 floors) with covered parking and EV charging, Omonia, Limassol.
Piñatas 5
Limassol, Kato Polemidia
3-floor commercial building (~1,000 sqm plus basement) for offices and showrooms, Kato Polemidia, Limassol.
Piñatas 6
Limassol, Ypsonas
Low-rise building of 6 apartments (1-2 bedrooms) with solar water heating and sea views, Ypsonas, Limassol.
Piñatas 7
Limassol, Agios Nicolaos
Apartments (1-2 bedrooms) a few minutes from the beach, Agios Nicolaos, Limassol.
Piñatas 9
Limassol, Ekali
Apartments (2-3 bedrooms) with a communal pool near international schools, Ekali, Limassol.
Piñatas 8 (SPV only)
Limassol (exact project site not publicly identified)
Extended dossier
Corporate structure
- Founded
- Oldest identified group SPV (HE381422) incorporated 19/03/2018, originally registered as 'AT&FR Developers Ltd' and later re-registered under the 'Pinatas Residence 4 Ltd' name; five further 'Pinatas Residence' SPVs were incorporated between 20/05/2022 and 14/04/2025.
- CEO
- No formal 'CEO' title is publicly disclosed. Hagit Kertes and Uriel Kertesz are the recurring directors/secretary across the group's core SPVs and are the most plausible principal operators, but the developer's own site describes leadership only generically as 'two generations of a passionate family'.
- Owners
- Beneficial ownership/shareholding is not disclosed in the free versions of any registry mirror checked (paid reports, e.g. via cyprusregistry.com at approx. EUR 50-65 per company, would be required). Recurring names across the group's legal entities: Hagit Kertes and Uriel Kertesz (all 'Residence' SPVs and the oldest entity), Adam Nissan (co-director, 'Piñatas 8' SPV only), and Noam Shani (co-director, Flerie Pinatas Limited only).
| Legal entity | Registration | Address / note |
|---|---|---|
| Pinatas Residence 4 Ltd (formerly registered as AT&FR Developers Ltd) | HE 381422 | Aphrodite Hills, Orpheus Village, Flat/Office CO2, Kouklia 8509, Paphos per most registry mirrors checked; one search-engine summary instead showed Rigas Feraiou 2, Limassol Center, 3095 Limassol for the same HE number -- discrepancy not resolved in this pass. · Oldest identified group SPV, incorporated 19/03/2018. Directors: Hagit Kertes, Uriel Kertesz; secretary: Hagit Kertes. Confirmed via cyprusregistry.com and i-cyprus.com; likely (not certain) the SPV behind the Piñatas 4 project in Omonia, Limassol. |
| Pinatas Residence 1 Ltd | HE 434569 | Aphrodite Hills, Orpheus Village, Flat/Office CO2, Kouklia 8509, Paphos · Incorporated 20/05/2022. Directors: Hagit Kertes, Uriel Kertesz; secretary: Hagit Kertes. Likely the SPV behind the Piñatas 1 project, Agios Ioannis, Limassol. |
| Pinatas Residence 2 Ltd | HE 434571 | Aphrodite Hills, Orpheus Village, Flat/Office CO2, Kouklia 8509, Paphos · Incorporated 20/05/2022. Directors: Hagit Kertes, Uriel Kertesz; secretary: Hagit Kertes. No marketed project positively matched to this SPV in this pass. |
| Pinatas Residence 3 Ltd | HE 443518 | Aphrodite Hills, Orpheus Village, Flat/Office CO2, Kouklia 8509, Paphos · Incorporated 08/02/2023. Same registered address as the other 'Residence' SPVs; directors not individually re-confirmed beyond aggregate search summaries in this pass. No marketed project positively matched to this SPV. |
| Pinatas Residence 5 Ltd | HE 432156 | Not independently confirmed in this pass · Identified via secondary registry-mirror listing titles (companieshousecyprus.com, i-cyprus.com); direct page fetches returned unpopulated templates or errors in this environment, so the HE number and director details carry medium-low confidence. Likely the SPV behind the Piñatas 5 mixed-use project, Kato Polemidia, Limassol. |
| Pinatas Residence 10 Ltd | HE 473986 | Agapinoros 22, Aphrodite Hills, Orpheus Village CO2, Kouklia 8509, Paphos · Incorporated 14/04/2025 -- the most recently formed group SPV identified. Directors: Hagit Kertes, Uriel Kertesz; secretary: Hagit Kertes. No marketed 'Piñatas 10' project found, suggesting a land-bank or future project. |
| A. Nissan - Pinatas 8 Ltd | HE 460401 | Grivas Digenis 78, Floor 2, Flat/Office B1, Neapoli, 3101 Limassol · Joint-venture-style SPV. Directors: Uriel Kertesz, Adam Nissan; secretary: L. Lysandrou Consulting Ltd (external, unlike the family-run 'Residence' SPVs). No public 'Piñatas 8' project page was found on pinatas.cy or any aggregator checked as of this research. |
| Flerie Pinatas Limited | HE 454860 | Kleous 11, Polynikis Court, Shop No.5, Kato Paphos 8042, Paphos · Incorporated 23/12/2023. Directors: Uriel Kertesz, Noam Shani; secretary: Orestes Livadas. Purpose not confirmed -- possibly connected to the 'boutique resort/winery' side of the business mentioned on pinatas.cy's own about page, but this link is unverified. |
| Trianta Housing Limited | HE 454764 | Aphrodite Hills, Orpheus Village, Flat C02, Kouklia 8509, Paphos · Incorporated 20/12/2023. Directors: Hagit Kertes (also secretary), Uriel Kertesz -- the same pair as the 'Residence' SPV family. Plausibly (not directly confirmed) corresponds to the marketed 'Trianta 1 | Monagrulli' project (Limassol district). |