M.Residence
M.Residence is a Cyprus-licensed real estate agency that combines traditional brokerage services with a proprietary mobile app and market intelligence platform to serve residential buyers, sellers, renters, and international property investors across all major Cypriot cities.
- Company typePrivate
- Founded2017
- HeadquartersEngomi, Cyprus
- Headcount1–10
- GTM typeB2C
- OfferingServices
What M.Residence does
M.Residence Ltd is a privately held Cyprus-licensed real estate agency founded in 2017 and headquartered in Nicosia, operating additional offices in Limassol and a registered entity address in Engomi. The firm runs a hybrid brokerage model that pairs traditional agent-led sales, rentals, and chartered-surveyor valuations across all five major Cypriot cities (Nicosia, Limassol, Larnaca, Paphos, Famagusta) with a proprietary technology layer. Core technology assets include a cloud-based web platform with advanced listing search, a native mobile application (M.Residence Now) featuring geolocation-based agent matching, instant viewing booking, in-app offer submission, and real-time agent tracking, plus a Market Intelligence Tool providing sold-price, asking-price, and rental analytics.
Revenue is generated across four streams: transactional commission on completed sales, rental placement fees, professional property valuations performed by RICS-aligned chartered surveyors, and paid marketing packages (the Property Image Maker with Standard and Exclusive tiers including photography, 360° tours, aerial imagery, digital brochures, and social media campaigns). Distribution combines a self-serve digital channel (website plus mobile app), café-style physical offices with extended weekend hours, an associate-agent network, a franchise program for branch expansion, and exclusive Cyprus memberships in Leading Real Estate Companies of the World and Luxury Portfolio International that expose local inventory to 136,000 global associates and a $55 billion luxury property inventory across 200+ countries.
The customer base spans high-end domestic buyers and sellers, non-EU international investors pursuing Cyprus Permanent Residence Permits through €300,000+ property investments, capital-growth-oriented property investors, and renters. The firm is founder-led by Nikolas Michalias, bootstrapped with no disclosed external funding, and operates with a stated headcount of 1-10 employees. It has received independent third-party validation including KPMG's Real Estate Global Innovations list (2021 and 2022), the In Business Awards 2021 Gold Award for Best Small and Medium Enterprise in Cyprus, and recognition at the 2025 LeadingRE Global Symposium in Prague.
M.Residence firmographics
Firmographics- Name
- M.Residence
- Legal name
- M.Residence Ltd
- Website
- https://mresidence.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- M.Residence is a Cyprus-licensed real estate agency that combines traditional brokerage services with a proprietary mobile app and market intelligence platform to serve residential buyers, sellers, renters, and international property investors across all major Cypriot cities.
- Ownership category
- akta.pro rank
M.Residence industry classification
Industry- Product category
- Real Estate Services
- NAICS
- Residential Property Managers (531311)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Vacation & Short-Term Rental Management (BPAJAFAI)
- akta.pro secondary industry
- Resort & Branded Residence Vacation Rental Management (BPAJAIAE)
Keywords
Where M.Residence is headquartered
LocationHeadquarters
- HQ city
- Engomi
- HQ country
- Cyprus
- HQ region
- Europe
Offices3 records
Markets served
M.Residence business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Real Estate Sales Commission: M.Residence earns commission on completed property sales transactions. The agency represents both buyers and sellers, facilitating property transactions across Cyprus with a focus on high-end residential properties.
- Property Rental Fees: Revenue generated from facilitating property rentals, connecting tenants with landlords for residential and commercial properties across Cyprus.
- Property Valuations: Professional valuation services performed by chartered surveyors, providing comprehensive property valuations across Cyprus. Offered as a separate service to help sellers determine optimal listing prices.
- Property Marketing Solutions: Marketing services including professional photography, virtual tours, aerial photography, digital brochures, and premium listing placement for sellers seeking enhanced property exposure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard Property Listing Package |
| Other | Pay-as-you-go | Exclusive Property Listing Package |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels9 records
M.Residence product offering
Product offeringCore offering
M.Residence is a next-generation real estate agency operating in Cyprus that facilitates property buying, selling, renting, and valuations for individuals and investors. The agency combines a proprietary digital platform (website and M.Residence Now Uber-style mobile app) with traditional agency services, including professional photography, virtual tours, market intelligence, and chartered surveyor-led valuations, serving buyers, sellers, tenants, landlords, and international investors seeking Cyprus residency.
Product overview
M.Residence operates as a multi-award winning, next-generation real estate agency in Cyprus, offering an integrated platform-plus-services model. The core offering centers on the M.Residence Website Platform for property search and transactions across Cyprus, complemented by the M.Residence Now mobile application featuring Uber-style geolocation-based property hunting and agent matching. Additional products include the Property Image Maker (PIM) marketing service for sellers, Market Intelligence Tool providing real-time property data, and Property Valuations for professional assessments. The company also provides specialized investment services through the Cyprus Permanent Residence Scheme and operates sub-brands including Homevalues.com.cy for valuations and Rentonline.today for rentals. The My Residence Dashboard serves as the member portal for managing property searches and favorites.
Differentiator
Problem solved
Functional benefit
Brands
- M.Residence Now: An Uber-style mobile application for real estate that enables users to book instant viewings, make offers on the move, track agent positions, and access nearby properties using geolocation technology.
- Homevalues.com.cy
- Rentonline.today
Products and services
- M.Residence Now Mobile Application An Uber-style mobile application that enables users in Cyprus to explore nearby properties via geolocation, book viewings instantly, connect with nearby estate agents, make offers on the move, track agent positions in real time, rate and review agents, and access self-guided tours. Available on Google Play Store and Apple App Store.
- M.Residence Website Platform Full-featured web platform for property search, buying, selling, and renting in Cyprus. Includes property listings across all major Cyprus cities (Nicosia, Limassol, Larnaca, Paphos, Famagusta), market intelligence tools, valuation services, and investment scheme information.
- Property Valuations Service Professional property valuation services performed by RICS chartered surveyors who visit properties and provide comprehensive valuation reports including market intelligence analysis to help sellers achieve the best possible price.
- Property Image Maker (PIM) Comprehensive property marketing service package for sellers, available in Standard and Exclusive tiers. Includes professional photography, digital brochures, geo mapping, video tours, aerial photos, 360° tours, and social media marketing to prepare properties for market.
- Cyprus Permanent Residence Scheme Service Investment-based permanent residence permit facilitation service for non-EU individuals. Requires minimum investment of €300,000 + VAT on immovable property. M.Residence provides property selection, legal arrangements, and complete application processing through qualified immigration lawyers, with permits typically issued within 2-3 months.
- Homevalues.com.cy Dedicated property valuation and market intelligence platform operated by M.Residence, providing online property valuation tools for Cyprus properties.
- Rentonline.today Rental-focused online platform under the M.Residence brand, enabling property rentals across Cyprus with tenant-landlord connection services.
Quantifiable outcome
- Permanent Residence Permit issued within 2-3 months for qualifying property investments
- +1 more outcomes
Companies that use M.Residence
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
M.Residence technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature5 records
M.Residence partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Leading Real Estate Companies of the WorldcoreExclusive partnership enabling M.Residence to market Cyprus properties to global audience through network of 550 companies, 4,700 offices, 136,000 sales associates in 70+ countries. Provides access to international buyer network and enhances credibility through rigorous membership standards.
- Luxury Portfolio InternationalcoreLuxury division partnership enabling marketing of Cyprus luxury properties to global affluent buyer base with $55 billion property inventory and access to 3 million high-net-worth visitors from 200+ countries annually.
- Royal Institution of Chartered Surveyors (RICS)coreProfessional membership demonstrating expertise and experience in property valuation and real estate services. RICS is a globally recognized professional body setting standards for chartered surveyors worldwide.
- Cyprus Real Estate Agents Association (CREEA)coreProfessional membership in Cyprus's primary real estate agents association, demonstrating compliance with industry standards and ethical practices.
- Cyprus Scientific and Technical Chamber (ETEK)minorProfessional membership in Cyprus's scientific and technical chamber for qualified professionals.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
M.Residence competitors and assessment
Company assessmentEmerging players
- Cyprus Resales: Cyprus-focused independent agency listing resale and off-plan residential properties — a domestic competitor targeting similar buyer profiles with a comparable brokerage-led model.
- JamesEdition: Luxury global property listing platform that markets M.Residence's listings to an international HNW audience, providing an adjacent distribution channel and a comparable luxury-proptech touchpoint.
Direct peers
- Engel & Völkers Cyprus: Global luxury real estate brokerage franchise with a Cyprus presence serving the same high-end residential buyer and international investor segments that M.Residence targets, and using a similarly network-enabled referral model.
- RE/MAX Cyprus: Franchised global residential brokerage with multiple offices across Cyprus competing for the same local buyers and sellers of flats, villas and houses that M.Residence represents.
- Sotheby's International Realty (Cyprus): Affiliated with the same Luxury Portfolio International network M.Residence belongs to, focused on luxury residential sales and international investor flows into Mediterranean markets including Cyprus.
- Knight Frank Cyprus: International luxury and prime-residential agency present in Cyprus offering equivalent services to investors and high-net-worth individuals, leveraging a comparable global network.
- Cyprus Sotheby's Realty: Regional affiliate of Sotheby's International Realty competing directly for Cyprus luxury listings, residency-by-investment clients and international investor mandates.
Regional players
- Property Gallery Cyprus: Cyprus-focused estate agency listing residential sale and rental property across the same Cypriot cities served by M.Residence.
- Mediterranean Homes: Mediterranean-focused real estate agency with significant Cyprus presence in luxury sale and rental markets — a geographic peer in adjacent Mediterranean markets.
Broad incumbents
- Christie's International Real Estate (Cyprus network): Global luxury real estate network affiliated with Christie's auction house, serving high-net-worth Mediterranean buyers in the same addressable market as M.Residence.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
M.Residence social profiles
Digital presenceM.Residence financial estimates
Financial estimateRevenue estimate
Valuation estimate
M.Residence leadership team
Management profileNumber of profiles
Profiles1 record
M.Residence funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
M.Residence M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about M.Residence
What does M.Residence do?
M.Residence is a next-generation real estate agency operating in Cyprus that facilitates property buying, selling, renting, and valuations for individuals and investors. The agency combines a proprietary digital platform (website and M.Residence Now Uber-style mobile app) with traditional agency services, including professional photography, virtual tours, market intelligence, and chartered surveyor-led valuations, serving buyers, sellers, tenants, landlords, and international investors seeking Cyprus residency.
Is M.Residence a public or private company?
M.Residence is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was M.Residence founded?
M.Residence was founded in 2017. It employs 1 to 10 people.
Where is M.Residence based?
M.Residence is headquartered in Engomi, Cyprus, in the Europe region.
How does M.Residence make money?
Four revenue lines are on record. Real Estate Sales Commission is the primary driver. The others are property Rental Fees, property Valuations and property Marketing Solutions.
Who are M.Residence's main competitors?
Emerging players on record are Cyprus Resales and JamesEdition. Direct peers are Engel & Völkers Cyprus, RE/MAX Cyprus, Sotheby's International Realty (Cyprus), Knight Frank Cyprus and Cyprus Sotheby's Realty. Regional players are Property Gallery Cyprus and Mediterranean Homes. Christie's International Real Estate (Cyprus network) is listed as a broad incumbent.
Does M.Residence have an API?
No public API is recorded for M.Residence.
What industry is M.Residence in?
M.Residence's product category is Real Estate Services. Its primary akta.pro industry code is BPAJAFAI, Vacation & Short-Term Rental Management, with a secondary code of BPAJAIAE, Resort & Branded Residence Vacation Rental Management. Its NAICS code is 531311 and its SIC code is 6531.