Crona Group
Crona Group is a Limassol-based consortium of real-estate development companies, headquartered in Agios Athanasios with an additional office in Dubai. It describes itself as a group that covers every aspect of real-estate development, from project inception to completion, controlling each stage in-house rather than relying on third-party contractors. Its licensed building arm, Crona Construction, holds an A'A' top-tier construction licence — the highest category in Cyprus. The company reports 20+ years of experience, 50+ completed projects and 300+ professionals across the group. Its output spans boutique apartment buildings, residential complexes and villas, plus commercial offices, concentrated in established Limassol neighbourhoods.
Репутация Crona Group.
Crona Group is positioned as a full-cycle Limassol developer that keeps the entire process in-house — land acquisition, design, engineering, construction and sales under one consortium — and, per its own statements, does not sub-contract the build to third parties. Its construction arm, Crona Construction, holds an A'A' top-tier construction licence, the highest category in the Cyprus contractors' register, which signals the resources and competencies to undertake large-scale projects. The group's work is concentrated in established, well-connected Limassol neighbourhoods such as Columbia, Kapsalos, Mesa Geitonia, Germasogeia, Mouttagiaka and Pyrgos.
Сдача проектов
Crona Group reports 50+ completed projects and a team of 300+ professionals across the consortium. Independent developer directories list a smaller number of individually named schemes, so the 50+ figure is best read as the company's own tally across two decades of building. As a private developer it sells off-plan and under construction, with the price staged across the build rather than paid upfront in full.
Лет на рынке
The company reports 20+ years of experience; corporate records indicate the group has operated in Limassol since around 2007 (roughly 19 years as a registered entity, HE375471), the '20+ years' figure likely reflecting the collective experience of its teams.. 50+ completed projects (company-reported)
Финансовая устойчивость
Crona Group does not publicly disclose detailed corporate financials. The clearest external signals of capacity are its A'A' construction licence (top tier in Cyprus), a holding structure that includes its own licensed builder (Crona Construction) so that development and construction are handled in-house, and a portfolio of delivered and sold-out schemes in Limassol. The company reports 300+ professionals across the group. Funding follows the standard Cyprus model of off-plan and under-construction sales staged across each build.
Флагманские проекты Crona Group.
PARK TOWER Limassol
One of the group's most prominent completed residential landmarks in Limassol, part of a Park-branded family of schemes (alongside Park Suites & Villas). Now sold out — a marker of Crona's move into taller, higher-profile city product.
UNITY I / II / III
A three-phase residential series delivered across successive buildings, all sold out. Repeat, phased schemes of this kind are a signature of Crona's volume, value-focused apartment product in established Limassol districts.
ONYX Residence
A completed premium apartment scheme, marketed as ready to move in. Positioned at the higher end of Crona's residential range (entry around €585,000 when last listed), it targets end-users and investors wanting a finished, move-in-ready home.
GARDEN SQUARE
A completed mixed apartment-and-villa development, marketed as ready to move in (entry around €555,000 when last listed). A larger, amenity-led scheme that broadens Crona's product beyond single apartment blocks.
Чем особенны Crona Group.
Фирменный стиль
Crona Group specialises in boutique-to-mid apartment buildings, larger residential complexes and villas, complemented by commercial office space, placed across established Limassol neighbourhoods. Its differentiator is a full-cycle, in-house model: as a consortium that includes its own A'A'-licensed builder, it takes projects from land and design through engineering, construction and sales without handing the build to third-party contractors — which the company presents as its main quality-control advantage. Homes are delivered to modern specifications and marketed both to end-users and to investors.
Планы оплаты
Crona Group sells off-plan and under construction, with the price staged across the build in the standard Cyprus manner — a reservation fee, a larger payment on signing the contract of sale, interim stage payments as construction progresses, and the balance on delivery of keys. Ready-to-move-in stock (e.g. Onyx, Garden Square) can complete faster. Exact terms vary by project and should be confirmed per scheme. Note that quoted prices are ex-VAT ("+VAT").
Сильные стороны и что учесть.
Где Crona Group сильны
- Full-cycle, in-house developer — one consortium controls land, design, engineering, construction and sales, with its own A'A' top-tier-licensed builder rather than sub-contracted crews
- A long, established Limassol track record — the company reports 50+ completed projects and 20+ years of experience, with delivered, sold-out schemes such as Park Tower, the Unity series, Onyx and Garden Square
- Any nationality can buy freehold in Cyprus; non-EU buyers get routine Council of Ministers approval (about 2–3 months), with title registered at the Land Registry and the contract lodged for specific-performance protection
- A new primary-market property from €300,000 (plus €50k/yr income from abroad) can support a Cyprus Permanent Residency application — a residence permit, not citizenship
- Investor-friendly tax: no inheritance, gift or wealth tax, no annual national property tax, and stamp duty abolished; non-doms pay 0% on dividends, interest and rent for 17 years
- A euro-denominated, EU market under English common law, with English widely spoken; entry on Palmera from €268,000 (+VAT)
Что стоит учесть
- —Prices are quoted ex-VAT: 19% standard VAT applies; the reduced 5% rate is only for an owner-occupied first home (first 130 m², caps €350k value / €475k transaction) — a buy-to-let or PR unit pays 19%
- —Several active projects are off-plan or under construction, so they call for patient capital and carry delivery risk; ready-to-move-in stock is available but priced higher
- —Some headline figures — 20+ years, 50+ projects, 300+ professionals — are the company's own statements and are not independently audited here; the group does not publicly disclose detailed financials
- —Capital gains tax of 20% applies to gains on Cyprus property
- —Permanent Residency requires a €300k+ new property plus €50k/yr foreign income; it is a residence permit, not citizenship (citizenship-by-investment was abolished in 2020), and Cyprus is in the EU but not yet in full Schengen — it does not grant border-free travel
Все проекты Crona Group.
4 активных проектов — обновляется ежедневно.
