What Altamira Real Estate does

Altamira Real Estate (Cyprus) is a privately held real estate sales and management intermediary founded in 2018 as the Cypriot consumer-facing arm of Italy-listed doValue Group, the largest loan and real estate management group in South East Europe with €157B in managed portfolios. The company positions itself as a "One Stop Shop" for property investors, offering valuation (delivered by RICS- and ETEK-certified valuers), brokerage, rental management, property management, project development management, and portfolio management services through a team of 85+ specialized staff operating across all five Cyprus districts (Nicosia, Limassol, Larnaca, Paphos, Famagusta). It is the Cypriot market leader by transaction count, having completed over 4,000 deals in the past three years — equivalent to more than 10% of nationwide property transactions.

The core product is the digital platform at altamirarealestate.com.cy, which catalogs 5,500+ properties across flats, houses, shops, offices, industrial units, buildings/developments, and land. The platform supports reference-based and location-based search, 3D virtual tours, photo galleries, interactive maps, and property specifications, supplemented by a "My Altamira" personalized account feature and a weekly newsletter cadence. Properties are sold primarily through a tender process that closes every Tuesday at 10:00 AM, with reserve-price floors rejecting sub-threshold bids.

The company generates revenue through transaction-based commissions on property sales, with indicative price points ranging from €6,000–€36,000 for agricultural land to €60,000–€385,000 for residential properties and up to €1.25M for luxury villas. The go-to-market is sales-led: a phone-based direct sales team (+357 22 696 500 / 8000 8200) operates alongside a self-serve digital channel. Customer segments are individual property buyers, business customers seeking commercial real estate, and land developers across all price tiers. The supply side of inventory is structurally tied to the parent group's distressed-asset portfolios, which are disposed through the Altamira platform.

Name

Altamira Real Estate

Legal name

Altamira Real Estate (Cyprus)

Website

https://altamirarealestate.com.cy

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

101–250 employees

Short description

Altamira Real Estate is the leading real estate sales and management company in Cyprus, providing brokerage, RICS/ETEK-certified valuation, and asset management services through a digital platform and 85+ specialized staff across all five districts of the country.

Ownership category

akta.pro rank

Product category

Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Appraisers (53132), Real Estate Property Managers (53131)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Investment Sales (Income-Producing Properties) (FSAEAJAC)

akta.pro secondary industries

Estate, Gift & Trust Valuation (BPAHANAL), Real Estate Strategy & Portfolio Consulting (Corporate/Institutional) (BPAJANAB)

Keywords

• Real estate sales
• Property valuation services
• Portfolio management
• Asset management services
• Property listing platform

Headquarters

HQ city

Latsia

HQ country

Cyprus

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Property Sales Commission: The company earns revenue through completing property transactions, having successfully completed over 4,000 transactions representing over 10% of nationwide Cyprus transactions over the past 3 years.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Altamira Real Estate is a real estate management company that sells and manages a portfolio of over 5,500 residential, commercial, industrial, and land properties across Cyprus via its digital platform (www.altamirarealestate.com.cy) and tender process. The company provides complementary services including RICS/ETEK-certified property valuation, rental management, property management, project development management, and full portfolio management. New and exclusive opportunities are released every Tuesday, and the company has completed over 4,000 transactions in the past three years.

Product overview

Altamira Real Estate operates as a comprehensive real estate management platform offering a portfolio of residential, commercial, industrial, and land properties across Cyprus. The core offering is the digital platform (www.altamirarealestate.com.cy) which enables property search and transactions. The company provides property valuation services through RICS/ETEK-certified valuers and offers portfolio management services including rental management, property management, and project development management. Property listings span multiple categories including flats, houses, shops, offices, industrial units, buildings/land developments, and land across Cyprus districts. Users can access features such as 3D virtual tours, property maps, and personalized alerts through the My Altamira account system.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Sales (Residential, Commercial, Industrial and Land) Sale of over 5,500 properties across all Cyprus districts spanning flats, houses, villas, shops, offices, industrial units, buildings/developments, and land (agricultural, residential, commercial, industrial, touristic), conducted via a transparent tender process with new and exclusive opportunities released every Tuesday.
• Property Valuation Services Property valuations delivered by the largest specialized valuation team in Cyprus, comprising approved valuers and consultants, the majority of whom are members of the Royal Institution of Chartered Surveyors (RICS) and the Cyprus Scientific and Technical Chamber (ETEK), ensuring fair market prices.
• Portfolio and Asset Management Services Complete property management cycle including rental management, property management, project development management, and portfolio management for owners of residential, commercial, and industrial real estate across Cyprus.

Quantifiable outcome

• Over 4,000 transactions completed in 3 years representing over 10% of nationwide Cyprus transactions
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators6 records

Recent moves5 records

Expansion highlights2 records

Emerging players

• idealista: Large Southern-European property portal (Italy/Spain/Portugal) with potential Cyprus reach; comparable in providing self-serve search and 3D/virtual-tour features that overlap with Altamira's digital platform.
• Property Finder Cyprus: Mid-East-originated property portal with Cyprus operations; competes for buyer mindshare through digital listing exposure and could erode Altamira's self-service property-search channel.

Broad incumbents

• Leptos Estates: One of Cyprus's largest real estate developers and broad-line real estate service providers, active across multiple districts; competes with Altamira as both an off-plan developer selling through agencies and a direct property company.
• Cyfield Group: Established Cypriot developer and real estate services group spanning construction, brokerage, and property management; overlaps with Altamira in residential sales and portfolio management across all major districts.

Direct peers

• RE/MAX Cyprus: Global franchise brokerage with significant Cypriot market presence; competes on residential resale and rental transactions using a comparable agent-network distribution model.
• Engel & Völkers Cyprus: Global luxury real estate brokerage operating in Cyprus; competing directly with Altamira's commercial and high-value residential sales and serving overlapping buyer segments (HNW individuals, investors).
• Knight Frank Cyprus: International real estate consultancy with a Cyprus office providing sales, valuation, and advisory services; directly comparable in offering cross-border residential and commercial brokerage plus professional valuation.
• Sotheby's International Realty Cyprus: International luxury real estate brand servicing Cyprus; competes with Altamira for high-ticket residential and villa sales (Altamira lists properties up to €1.25M) using a similar brokerage-broker network model.

Regional players

• Bazaraki: Leading Cypriot online classifieds platform covering property listings and tender-style auctions in the same district markets Altamira serves; functions as a competing low-fee listing channel for buyers and sellers.

Others

• doValue Group: Listed parent company of Altamira Real Estate and the largest loan-and-real-estate manager in South-East Europe managing €157B+; comparable as the broader parent ecosystem shaping Altamira's inventory pipeline and strategic roadmap.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/AltamiraRealEstate
• LinkedInlinkedin.com/company/altamiracyprus
• Xx.com/altamiracyprus

Revenue estimate

Valuation estimate

Number of profiles

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 Altamira Real Estate