Real Estate is more than just building properties

Not only did I invest in a high specification quality home, I gained a quality lifestyle and befriended quality people. All thanks to “John Theodorou Estates” – Mike Woods, a resident of Erimi Gardens.

We believe that our company’s growth results from close and positive relationships formed with our clients over the years. As a family-owned business, we value a sense of belonging and always practice a welcoming and caring culture. Real Estate is more than building properties for us – it’s an environment where we make meaningful connections, meet like-minded people, and create long-lasting value. Since 1978, our company has gone from strength to strength, still privately owned and managed, always protecting the priorities of our clients.


“We are very pleased with our investment in Cydonia Gardens, in fact so much, that we are now considering purchasing again through John Theodorou Estates Ltd.”

Gavin & Rosemary Tuohy
Hemel Hempstead, UK


“Not only did I invest in a high specification quality home, I gained a quality life style and befriended quality people. All thanks to “John Theodorou Estates”.”

Mike Woods
Reading, UK


“Having made a sound investment we always look forward to coming out to our luxury holiday home in Cydonia Gardens.”

George & Elizabeth
Chattham, Kent, UK

Behind John Theodorou Group

The team driving the company forward

John Theodorou
John Theodorou

John Theodorou’s experience in the Cyprus property market spans over four decades. Starting in the mid-seventies, he began constructing residential and commercial properties in Limassol, and to this date, he offers valuable leadership and guidance to the company directors.

Theo Theodorou
Theodoros Theodorou
Managing Director

Theodoros Theodorou remained true to the family tradition and joined the company in 1988 after graduating from the University of Kent (Management Science BA) in 1987. He is responsible for the business development of John Theodorou Estates, ensuring the priorities remain client-orientated.

A. Theodorou
Anna Theodorou

Anna Theodorou is a graduate of the University of Kent (BSC) Business Administration & Management. She oversees and is responsible for hospitality management, property rental management, and financial & operational management of all group companies.

Costas Michaelides
Costas Michaelides
Marketing Director

Costas Michaelides is responsible for promoting, and maintaining John Theodorou Group’s brand as a marketing director. He is in charge of developing, executing and overseeing  the marketing strategy of our company and the associated projects. 

Property Development since 1970

Our company history and how we evolved


John Theodorou Estates is Founded

John Theodorou Ltd was first founded in 1970 in Limassol by its present chairman John Theodorou and began its business operation in the car dealership and general trading business. In the mid-seventies, the company expanded its operations into property development, and John Theodorou Estates Ltd was formed. It all began with residential and tourism projects in Erimi and Limassol, which became the foundation for the company’s direction and quality standards.

1977 - 1988

Our First Landmark Projects in Erimi

During these years, our company gradually but confidently established itself as one of the top property developers in Cyprus. With a firm commitment and dedication to developments that look great and work in practice and relate to their environment, we delivered several landmark projects such as Lincoln Gardens, Erimi Close, Bellview, Erimi Gardens, and Levante Park Villas to hundreds of satisfied customers.

1989 - 1993

The First Timeshare Resorts in Cyprus

In 1989, John Theodorou pioneered the tourism sector by successfully opening the doors to the first timeshare resort in Cyprus – Club Aphrodite in Erimi, followed in 1993 by a luxurious 5-start timeshare resort Les Villas at Les Meridien in Limassol. In 2005, the company acquired a 50% stake in Rania Beach Apartments in Paphos, becoming the third resort operated by the Group. Thousands of tourists have become members of our resorts throughout the years, enjoying annual access to a home away from home.

2000 - 2010

Bayview Phase I, II, III & Gardens

In 2000, our company developed the first phase of what would become one of the most successful development projects to date – Bayview Phase I & II. The build quality, the highly sought-after location in Limassol, and a high return on investment all lead to increased demand from local and foreign investors. Phase III followed shortly after, and lastly, in 2010, the Group developed Phase IV – Bayview Gardens consisting of 21 apartment blocks, each carrying 4-5 apartments right in the heart of Limassol center.


Pioneering the Commercial Space

In 2010, John Theodorou Group took a significant step towards establishing its standards in the commercial property space with the opening of the John Theodorou Business Center. Being one of the latest exclusive commercial buildings in Cyprus at the time, it occupied a prominent corner site in the city center. It was built to European quality and safety standards while also incorporating progressive ecological ideas.

2008 - 2011

Recognition of Quality & Achievement

In 2011, our company received international recognition for the quality of our development projects. Bayview Gardens was recognized as the Best Development in Cyprus and John Theodorou Business Center as the Best Office Development in Cyprus by the Bloomberg European Property Awards 2010. At the same time, the company solidified its best practices and attention to quality and strict procedures by formally acquiring the ISO9001:2008 certification. 


Erimi Park Townhouses Development

Being loyal to where it all began, John Theodorou Group continued the development of the now highly sought-after area of Erimi with a new major project consisting of 24 two-bedroom apartments. The complex is situated in the tranquil Erimi Village, just 5 minutes from the sandy beach of Kourion and only a short 15-minute drive from Limassol. The project is scheduled to be fully completed in 2021.

2022 - 2023

Embracing The Modern Trends

As a company that is loyal to its traditions but also to meeting the clients’ modern-day demands, John Theodorou Group is presently committed to developing three new landmark projects in the heart of Limassol. The plan consists of two modern apartment buildings Bayview Gardens Annex and Riverview Plaza Apartments. It also entails the construction of yet another spacious and sophisticated commercial office building – Riverview Plaza Offices.

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