About us

P. Panayi Developer and Constructor

(2004)

P. Panayi Developers LTD was founded in 2004 by Panicos Panayi, who has been in the construction sector for over 25 years. During this time, he has gained the experience necessary that allows him to easily distinguish the right choices for the company and its customers. P. Panayi Developers LTD deals primarily with the construction of buildings and projects which includes private residences, apartments and offices in the province of Ammochostos. Our primary concern is with careful construction techniques, the guarantee of better prices to benefit our customers, the reduction of cost of production by using better value imports, but with personal supervision from our directors at the same time, so as to ensure quality.

2004

Company Owner

As Panicos Panayi, the owner of the company is the constructor, the final product is always much better, as he is able to supervise each of the projects at every stage of development, making sure that his craftsmen produce only the very best work.

Customers matters for us

Our company, which always puts the requirements of purchaser first and foremost, always strives to improve the materials used in each new project, so that it offers superior quality, functionalism and unique aesthetics.

ANTONIA COURT - Dherynia

(2006)
SOLD OUT
Title Deed ISSUED.

Andonia court is our first apartment block, consisting of 9 two bedroom apartments, in a quiet residential area of Dherynia. This lovely complex has been completed to very high standards with allocated parking area and a lift to all floors.

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2006

EVI COURT - Dherynia

(2007)
SOLD OUT
Title Deed ISSUED.

Evi Houses consists of 6 semi detached villas located in Dheryneia towards Paralimni Town where you can find all amenities, and just a 10 minute drive to the tourist area of Protaras. These lovely 3 bedroom Villas have many extras including stone clad exterior and interior walls, an Italian design kitchen with double granite worktops and an en suite in the master bedrooms. 2 of these luxury villas come with there own private overflow swimming pool.

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2007

COSTANTIA COURT - Dherynia

(2008)
SOLD OUT
Title Deed in Progress.

Constantia Court consists of 12 two and three bedroom luxury apartments located in Dheryneia, just a 15 minute drive to the tourist areas of Protaras and Ayia Napa where you will find many golden beaches and tourist attractions. This lovely complex has been completed to very high standards, with a communal overflow swimming pool, allocated covered parking areas and a lift to all floors. These spacious apartments have fitted PVC kitchens with double granite worktops, double glazing, Jacuzzi baths and an en suite in master bedrooms. All three penthouse apartments boast a very spacious veranda with a spa.

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2008

KRINOS VILLAS - Dherynia

(2009)
SOLD OUT
Title Deed ISSUED.

These 3 bedroom luxury detached villas are located in a peaceful residential area of Dheryneia where you will find all amenities including shops, supermarkets, banks, restaurants, cafes, hospital and pharmacies. Krinos Villas is a small development of only three lovely villas, in which one comes with its own private swimming pool. Accommodation comprises: Ground Floor- Open plan lounge and dining area with a spacious PVC kitchen with double granite worktops and a W/C with shower underneath the stairs. First Floor- 3 bedrooms with an en suite in the master bedroom, large family bathroom with a double Jacuzzi bath and verandas. Krinos Villas are completed in very high standards.

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2009

KEFALLONIA COURT - Dherynia

(2010)
SOLD OUT
Title Deed ISSUED.

Kefallonia Court is a luxury apartment block, consisting of 8 spacious apartments in the quiet residential area of Dheryneia. These lovely 2 bedroom apartments have many extras including a solid wood kitchen with double granite work tops, outside lighting, double glazing, stone clad walls, en suite in master bedrooms, Jacuzzi baths, fireplaces, roller blinds and there own allocated covered parking area and a lift to all floors. Penthouse apartments boast a very spacious veranda with a view of Famagusta. Dheryneia Town has all the amenities you need including shops, banks, cafes, restaurants, bakeries, pharmacies and supermarkets. The beautiful beaches and tourist attractions of Protaras and Ayia Napa are only a 15 minutes drive away. Kefallonia Complex is ideal for permanent residents as the group of apartments is in the yearly government welfare plan for areas with winsome motives

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2010

AYIA MARINA VIEW - Dherynia

(2011)
SOLD OUT 
Title Deed ISSUED.

Ayia Marina View consists of 7 luxury apartments with 1, 2 and 3 bedroom apartments. The apartments have been finished in very high standards including solid wood kitchens with granite worktops, pergolas, en suite in the 3 bedroom apartments and a fireplace. This lovely block of apartments is located in a quiet residential area of Dheryneia with breathtaking views of the Famagusta Sea. An ideal location within easy reach of all amenities including the Amphitheatre where there are futures plan for a new Town hall, shops, banks, cafes, restaurants, bakeries, supermarkets, hospital etc. The beautiful beaches and tourist attractions of Protaras and Ayia Napa are only a 15 minutes drive. Ayia Marina View is ideal for permanent residents or as a holiday The group of apartments is in the yearly government welfare plan for areas with winsome motives (DONATION €17,087) for first house buyers.

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2011

PANORAMA VILLAS - Paralimni

(2012)
SOLD OUT
Title Deed ISSUED.

Panorama Villas are situated in a quiet area of Paralimni. Yet only 2 minutes away from the town centre where you can find all amenities including shops, cafes, bars, pharmacies, supermarkets, schools and banks. The crystal blue beaches of Protaras are only a 5 minute drive away. The location of these villas will suit everyone’s needs either being a holiday home or as permanent residents.

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2012

ILIADA HOME APTS - Dherynia

(2014)
SOLD OUT
Title Deed ISSUED.

Iliada Home Apartments consists of 4 luxury residences with 3 bedrooms. The apartments have been finished to very high standards, including a high quality elevator, fireplaces, 3 WC's, covered parking areas, storage room, reception area, provisions for air conditioning, gas central heating and much more. This building is located in a quiet residential area of Dherynia, a stones throw away from the amenities, ideal for permanent stay, or just a holiday home.

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2014

AYIA PARASKEVI COMPLEX - Dherynia

(2015)
SOLD OUT
CONSTRUCTION PROCEDURES FINISHED (25th January 2016)

Building procedures for 3 Luxury Villas have begun on November 2014. AYIA PARASKEVI COMPLEX consists of 3 beautifully houses. The whole complex will be finished to very high standards, including fireplace, 3 WC's, covered parking area, covered veranda, provision for a/c, provision for gas heating and much more. This lovely complex is located in a quiet residential area of Dherynia. Around the plot there is green-belt area. An ideal location within easy reach of the local amenities, including shops, banks, schools, cafes, restaurants, supermarkets etc.

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2015

DOXAMENOUDI RESIDENCE - Dherynia

(2016)
SOLD OUT
Planning to finish end of 2017.

All the residences will be finished in very high standards including fireplace on the living room, provision for a/c and central heating, technogranites for the kitchen tops, high quality elevator for all the floors. The plot is in the center of the village, close to all amenities, just 10 minutes drive from Protaras and Ayia Napa areas. And 30 minutes drive from Larnaca airport. English school is just 2 kilometres from the plot. The apts on the 2nd and 3rd floor they will have fanstastic sea view of Famagusta town. The project will start end of 2015, planning to finish end of 2016.

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2016

PERVOLOUDI COMPLEX - Dherynia

(2018)
UNDER CONTSTRUCTION!

This lovely complex consists of 8 luxury floor apartments (all with 2 or 3 bedrooms). All the apts will be finished in very high standards including fireplace on the living room, provision for a/c and central heating, technogranites for the kitchen tops, storage room, high quality elevator for all the floors. Provision for electric shutters, thermal double glazing, video intercom and much more. B+ energy efficiency. The plot is in a beautiful area with fantastic view of Famagusta, close to all amenities, just 10 minutes drive from Protaras and Ayia Napa areas. And 30 minutes drive from Larnaca airport. English school is just 2 kilometres far from the plot. The project started in 2018 and planning to finish end of 2019.

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2018

AYIOS DEMETRIOS RESIDENCE

(2019)
UNDER CONSTRUCTION!

AYIOS DEMETRIOS RESIDENCE is our new project in Paralimni and consists of 5 luxury villas specially designed for permanent residence. The whole complex will be finished to very high standards, including 3 WC's, covered parking area, covered veranda, provision for a/c, provision for gas heating and much more. The project is located in a quiet residential area of Paralimni within easy reach of the local amenities, including shops, banks, schools, cafes, restaurants, supermarkets etc. Come and join us to design together the house of your dreams, based on your own needs in order to create the ideal place for you. Τhis project started at the beginning of 2019 and planning to finish at the beginning of 2020.

2019