La Mer Estates

Name

La Mer Estates

Legal name

La Mer Estates LTD

Website

https://lamerestates.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Paralimni

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Property Sales Commission: Commission-based revenue from facilitating property sales transactions. The agency acts as intermediary between buyers and sellers, earning commission on completed transactions.
2. Property Rental Commission: Commission revenue from rental transactions, both long-term and short-term rentals, connecting tenants with property owners.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

La Mer Estates is an independent, registered estate agency offering residential and commercial property sales, long-term and short-term rentals, property management, and complementary services such as investment consulting, residency visa assistance, and after-sales support. The company operates primarily across Cyprus with a focus on the Famagusta region, including Protaras, Ayia Napa, Paralimni, and Kapparis.

Product overview

La Mer Estates is an independent, registered estate agency operating a digital real estate platform in Cyprus. The company operates primarily as a property listing marketplace with integrated service modules. The core product is its property sales and rentals listing platform, supplemented by value-added services including investment consulting, residency visa assistance, and after-sales support. The platform lists residential properties (apartments, villas, townhouses, bungalows, maisonettes) and commercial properties (offices, shops), with a focus on the Famagusta region including Protaras, Ayia Napa, Paralimni, Kapparis, and coastal areas.

Differentiator

Problem solved

Functional benefit

Products and services

• Property Sales
• Property Rentals
• Property Management
• Investment Consulting
• Residency Visa Assistance

Quantifiable outcome

• Properties span key Famagusta locations including Protaras (189+ properties), Larnaca Center (130+ properties), Kapparis (79 properties), Paralimni (78 properties), Ayia Thekla (48 properties), and Ayia Napa (26 properties)

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Property Cyprus: Property Cyprus is an online real estate portal and agency serving international buyers across Cypriot districts. It shares La Mer Estates' focus on foreign investors, holiday home buyers, and residency-driven purchasers with a comparable online-listing-driven GTM.
• Cyprus Resales: Cyprus Resales is a specialist resale and re-sale property agency focused on international buyers seeking Cypriot homes for investment and relocation. It shares La Mer Estates' buyer segments and after-sales support positioning in a similar transaction-driven model.
• BuySell Cyprus: BuySell Cyprus is one of the largest online real estate marketplaces and agencies in Cyprus, listing thousands of properties for sale and rent across the same regions La Mer Estates serves. It competes head-on for both buyer traffic and seller mandates, making it the closest direct competitor in the Cyprus brokerage space.
• Purple International Real Estate: Purple International is a long-established Cyprus real estate agency with offices across Protaras, Ayia Napa, Paphos, and Limassol, offering sales, rentals, and management services to international buyers. It directly overlaps with La Mer Estates on geography, target customer (international property buyers), and service offering.

Broad incumbents

• Engel & Völkers Cyprus: Engel & Völkers is a global luxury real estate franchise with Cyprus presence serving premium property buyers, including investment and residency-driven purchasers. It overlaps with La Mer Estates' high-end villa segment and international buyer focus, but at a higher price tier and broader geographic reach.
• Century 21 Cyprus: Century 21 operates franchise offices throughout Cyprus covering sales, rentals, and management for residential and commercial properties. It is a broader incumbent serving overlapping customer segments across multiple Cypriot cities.
• Sotheby's International Realty Cyprus: Sotheby's International Realty represents luxury and premium residential property globally with a Cyprus affiliate network. It competes for the upper end of the same international buyer pool La Mer Estates targets, particularly for premium villas and investment-grade coastal properties.
• RE/MAX Cyprus: RE/MAX operates a global franchise network with multiple offices across Cyprus, providing residential and commercial brokerage services to both local and international clients. As a larger branded incumbent with broader geographic coverage, RE/MAX competes for the same buyer pool with greater marketing scale.

Emerging players

• Aristo Developers: Aristo Developers is a Cyprus-based property developer with a strong presence in the Famagusta/Pernera/Protaras corridor. While primarily a developer, it increasingly sells directly to buyers, partially bypassing traditional agencies like La Mer Estates and competing for buyer mindshare in the same micro-region.

Regional players

• Paphos.net: Paphos.net is a regional Cyprus property portal and agency focused primarily on the Paphos district. While it does not directly compete in La Mer Estates' Famagusta stronghold, it competes for international investor attention in the broader Cyprus second-home market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/LA-Mer-Estates-100063518651903
• LinkedInlinkedin.com/company/la-mer-estates-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about La Mer Estates