Company Milestones

Stavros Demosthenous Contractors is proud to look back on the growth, development,
highlights and turning points that have defined its history over the past five decades.

1970
THE BEGINNING
Stavros Demosthenous, founder and chairman of the company, establishes a small-sized construction business under the name of Stavros Demosthenous Contractors.

1981
SELF - OWNED PREMISES
The company expands its activities into the property developing sector and completes Zoanna court, which currently houses the company’s head quarters.

1982
LEADING THE WAY
Sandiz Complex, one of the largest tourist project in Cyprus at the time, contributes to the excellent reputation and standing of the Group.

1986 -1988
FROM STRENGTH TO STRENGTH
A period of dynamic growth, with the completion of Sandy Beach Apartments, a luxurious beachfront development, adding a new dimension to the company’s portfolio.
The complex comprises three apartment buildings, some featuring a roof garden, as well as a private pool, gym and tennis courts.

1989-1995
PIONEERING PROJECTS
Construction of major projects in Limassol: among them being the Mediterranean Beach Hotel and the Orphanides Hypermarket, with a total area of 40.000m2.

1998-2002
CONCEPTUAL CONSTRUCTION
Construction activity reaches new heights with the completion of the award-winning Elysium in Paphos, a five-star deluxe hotel (awarded the MIPIM Best Hotel Award in 2003 and the Leisure Property Forum Award in 2002).

2002-2004
In a joint venture the company constructs the largest Holiday Resort on the island, the Aldiana Zypern.

IN THE PIPELINE…

The development and construction of Alkion, an ultra lux beach front project including a Hotel in combination with a complex of prestigious villas.