Antiparochi (Greek αντιπαροχή, a property-for-land exchange) is a development model widely used in Cyprus and Greece. The landowner provides the plot; the developer builds at their own expense and pays the owner in finished units — apartments, houses or commercial space.
You put no money into the build. Instead of selling your land for a one-off sum, you hold a share of a completed project — an asset that earns or appreciates.
Two options for a landowner in Cyprus, side by side
A one-off payment at today's plot value. Cash now — but you give up the asset and all future upside of the developed site.
You keep a stake in the project and receive finished units. The combined value of your share in the completed development typically exceeds the sale price of an empty plot — with zero investment from you.
We review your plot, its zoning and build potential, and define what can be built and at what scale.
We model the project and propose your share — how many units and what floor area you receive. Fully transparent, in numbers.
Terms, shares and timelines are fixed in a notarial antiparochi agreement. Your rights are protected throughout the build.
We prepare the architectural design and obtain all building permits in Cyprus.
We construct the project entirely with Domostroy funds. You pay for no stage of the build.
On completion you receive your finished units with title registered.
Shares, timelines and obligations are legally binding.
You know exactly which property you'll receive in advance.
15+ years and 80+ projects — we know the local procedures.
We work with proven partners, including G.H.P & Sons.
Antiparochi (αντιπαροχή) is a legally recognised form of transaction in Cyprus. Here's how it works from a legal standpoint.
In essence, antiparochi is a joint venture: the landowner transfers part of the plot to a developer and, in return, receives ownership rights over specific units in the completed development once construction is finished. Usually no money changes hands — settlement is made in property shares.
The key legal protection is registration of the agreement at the Land Registry under the Sale of Immovable Property (Specific Performance) Law, Cap. 232. This secures both parties' rights before the title is transferred — which matters especially while construction is not yet complete.
All terms — shares, areas, timelines, obligations — are set out in the agreement. We manage the transaction in line with Cyprus procedures and see it through to the registration of ownership rights over your share.
This information is for general guidance only and does not constitute tax or legal advice. Terms and rates depend on the specific transaction and applicable law. We'll provide an accurate calculation for your plot at the consultation.
Tell us about your land — we'll work out what can be built and the share you'd receive. We reply within one business day.
