Cyprus Sotheby's International Realty

What Cyprus Sotheby's International Realty does

Cyprus Sotheby's International Realty is a Cyprus-based luxury real estate brokerage operating as an independently owned franchisee of Sotheby's International Realty Affiliates LLC. The registered operating entity is ConceptRealty Ltd. (Reg No 1013, License No 517/E), with NOBLESTATES LIMITED as the parent/holding entity. The company has operated since 2013 (per copyright notice) and is headquartered in Paphos with a secondary Paphos office plus sales offices in Limassol and Larnaca, providing geographic coverage of all major Cypriot property markets including Nicosia, Ayia Napa, Famagusta, Protaras, and Paralimni.

The firm's core product is a multi-language (English, Russian, German, Hebrew, Greek, French, Italian, Spanish, Arabic, Serbian) property marketplace and listing platform, complemented by lifestyle-segmented inventory categories (Sea Front, Villas, Apartments, Penthouses, High-Rise, Off-Plan, Resale, Land, Golf, Gated Community, City Center, Modern, Country Living, Panoramic Views). Ancillary offerings include the INSIGHTS quarterly market report on the Cyprus premium segment, a Cyprus Permanent Residency by investment service (€300,000+VAT threshold), and free property consultation. Technology infrastructure is delivered via a partnership with ConceptRealty Ltd. as platform provider.

The business operates on a transaction commission model, earning percentage-based fees on property sales ranging from €130,000 entry-level apartments to €7M+ ultra-luxury estates. The firm employs 26 staff and serves an entirely B2C international client base consisting of vacation home buyers, relocation seekers, real estate investors, HNW individuals, and property developers, with lead generation driven by the global Sotheby's referral network and a multi-channel digital presence (website, blog, email, social platforms including Russian-language VK and Telegram). The company has been recognized by the European Property Awards consecutively from 2022 to 2024.

Name

Cyprus Sotheby's International Realty

Legal name

ConceptRealty Ltd.

Website

https://cyprus-sothebysrealty.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Cyprus Sotheby's International Realty is a Paphos-headquartered luxury real estate brokerage and Sotheby's franchisee operating across Cyprus with four offices, a 10-language property marketplace, and complementary Cyprus Permanent Residency advisory and INSIGHTS quarterly market report services for international HNW buyers, relocators, and investors.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Brokerage

NAICS

Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312)

SIC

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

akta.pro primary industry

Luxury & High-End Residential Brokerage (BPAJAAAC)

akta.pro secondary industry

Commercial Real Estate Brokerage (Leasing & Sales) (FSAEAJAB)

Keywords

• Luxury real estate brokerage
• Property sales services
• International property transactions
• Permanent residency advisory
• Cyprus property marketplace

Headquarters

HQ city

Paphos

HQ country

Cyprus

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Sales Commission: The company earns commissions on successful property sales transactions in Cyprus. As a Sotheby's International Realty franchise, they facilitate luxury real estate transactions including villas, apartments, penthouses, and land sales across Cyprus. The typical commission structure in Cyprus real estate involves percentage-based fees on transaction values ranging from €130,000 to €7,000,000+.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Cyprus Sotheby's International Realty is a luxury real estate brokerage that lists and sells residential properties across Cyprus (villas, apartments, penthouses, seafront homes, off-plan properties, land, and gated community/golf properties) on behalf of sellers and developers. It earns transaction commissions on closed property sales, with property prices ranging from approximately €130,000 to over €7,000,000, and also provides Cyprus Permanent Residency assistance tied to qualifying property investments (from €300,000 + VAT).

Product overview

Cyprus Sotheby's International Realty operates as a comprehensive real estate marketplace platform offering luxury property listings across Cyprus. The core product is the Property Marketplace, which provides filtering capabilities by city (Paphos, Limassol, Larnaca, Nicosia, Ayia Napa, Famagusta, Protaras, Paralimni), property type, price range, bedrooms, bathrooms, and area. The platform organizes properties into lifestyle categories including Sea Front Properties, Villas, Apartments, Penthouses, High Rise Apartments, Off-Plan Properties, Resale Properties, Land for Sale, Golf Properties, Gated Community Homes, City Center Properties, Modern Houses, Country Living Homes, and Properties with Panoramic Views. Additional services include the INSIGHTS quarterly market report, Cyprus Permanent Residency assistance through investment, and free consultation services. The company also offers a dedicated Knowledge Center for industry resources.

Differentiator

Problem solved

Functional benefit

Products and services

• Sea Front Properties Specialized category of beachfront villas and properties with direct sea access offered for sale in Cyprus, emphasizing high market value, limited supply, and superior resale potential, targeted at international buyers and high-net-worth individuals.
• Villas in Cyprus Luxury villa listings featuring premium properties with sea views, generous plots, swimming pools, landscaped gardens, and Mediterranean lifestyle options for international and high-net-worth buyers.
• Apartments in Cyprus Apartment listings ranging from affordable units to luxury towers, with amenities including communal pools, gyms, spas, and concierge services, targeted at a range of buyers and investors.
• High Rise Apartments High-rise tower properties offering unobstructed scenic views, typically located in prestigious neighborhoods with premium amenities including rooftop pools, gyms, and spas.
• Penthouses in Cyprus Luxury top-floor residences offering panoramic views of the Mediterranean Sea, mountains, or cityscapes, featuring roof gardens, pools, and high-end finishes, for high-net-worth buyers.
• Off-Plan Properties Investment opportunities in pre-construction properties offering discounted prices, customization options, and dedicated personal manager support throughout the transaction process, targeted at investors.
• Resale Properties Curated collection of high-quality resale properties that have been vetted for legal, financial, and construction issues, offering immediate occupancy without VAT, for buyers seeking move-in-ready homes.
• Land for Sale in Cyprus Land plots for building private villas, commercial properties, or residential complexes, with comprehensive services from legal support to investment analysis, targeted at developers and self-build buyers.
• Cyprus Permanent Residency Program Advisory Advisory and property-sourcing service for the Cyprus Permanent Residency by Investment programme, with a minimum investment threshold of €300,000 + VAT, including dependent children, targeted at international relocation seekers.
• Golf Properties in Cyprus Properties within golf course communities featuring eco-friendly master planning, prestigious design, and excellent resale value in locations with mild winters, for lifestyle-focused buyers and investors.
• Gated Community Homes Secure residential properties within gated communities featuring 24/7 surveillance, CCTV, electronic fences, intercom systems, and controlled access, for security-conscious buyers and families.
• City Center Properties Urban properties in city centers offering proximity to amenities, medical facilities, educational institutions, and entertainment options, for relocation seekers and lifestyle buyers.
• Modern Houses Contemporary homes featuring modern architectural lines with efficient space design, maximized airflow, natural light, and harmonious indoor-outdoor integration, for design-conscious buyers.
• Country Living Homes Rural properties offering private, safe environments with pollution-free air, quiet atmosphere, and developed infrastructure including electricity and internet, for lifestyle buyers seeking rural settings.
• Properties with Panoramic Views Properties featuring stunning views of the Mediterranean, misty hills, pine-covered mountains, quaint villages, or cityscapes, for buyers prioritizing view quality.
• Free Consultation Service Complimentary consultation service for property buyers, offering personalized property selection assistance and guidance through the purchase process, including route qualification to the appropriate sales agent.

Quantifiable outcome

• Cyprus ranked #1 in Europe for wealth mobility according to company insights

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Sotheby's International Realty Affiliates LLCcoreStrategic or Co-development PartnerCyprus Sotheby's International Realty operates as a franchisee of Sotheby's International Realty, utilizing the global brand name, referral network, marketing resources, and luxury positioning. The brand provides access to global high-net-worth clientele database and international marketing presence.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• RE/MAX Cyprus: Global franchise real estate brand with multiple offices across Cyprus covering a broad price range. Overlaps with Cyprus Sotheby's at the lower end of luxury and on Cyprus-wide residential coverage, but lacks the Sotheby's ultra-luxury positioning.
• Coldwell Banker Cyprus: International real estate franchise with Cyprus offices serving residential and luxury segments. Comparable to Cyprus Sotheby's via the franchise model but with broader positioning across price tiers.
• Savills (Cyprus): Global real estate advisory with a Cyprus presence, active in prime residential and commercial real estate. Competes in the high-end market but operates as a broader advisory firm rather than a Sotheby's-style luxury brokerage.

Direct peers

• Knight Frank Cyprus: Knight Frank operates a global luxury and prime residential real estate network with offices in Cyprus. Competes head-to-head with Cyprus Sotheby's on prime residential listings, international buyer referrals, and luxury development marketing.
• Engel & Völkers Cyprus: Engel & Völkers is a global luxury real estate franchise with a Cyprus presence serving high-net-worth international buyers. Directly competes with Cyprus Sotheby's in the premium residential and resort-property segment, with a similar franchise model and target clientele.
• Cyprus Resales: Established Cyprus real estate agency focused on resale and investment properties for foreign buyers. Competes in the mid-to-upper price bands across Cyprus with similar multi-language service and international marketing orientation.
• First Class Homes Cyprus: Independent Cyprus-based luxury real estate agency specializing in premium villas, seafront properties, and investment homes for international buyers. Operates in the same luxury residential niche across Paphos and Limassol.
• Ideal Homes Cyprus: Long-standing Cyprus real estate brokerage serving primarily UK and Northern European buyers with resale and off-plan properties. Overlaps with Cyprus Sotheby's in international-buyer targeting and mid-luxury villa/apartment segment.
• Barnes International Realty Cyprus: International luxury real estate brand with Mediterranean presence serving HNW buyers of premium residences. Comparable positioning to Sotheby's brand for ultra-prime residential and waterfront properties in sought-after European locations.

Others

• Cyprus Permanent Residency Advisory firms: Independent advisory firms and law practices that assist with the Cyprus Permanent Residency by Investment programme. Function as adjacent ecosystem participants rather than direct competitors, but overlap with Cyprus Sotheby's residency-assistance offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/CyprusSothebysInternationalRealty
• Facebookfacebook.com/CyprusSothebysRealty
• LinkedInlinkedin.com/company/cyprus-sothebys-international-realty
• Instagraminstagram.com/cyprussothebysrealty

Compliance1 record

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 Cyprus Sotheby's International Realty