Developer database · last checked
Panah Group
Panah Group is a property developer active in Northern Cyprus, based in Famagusta. Public sources checked on 2026-10-27 name 3 projects in İskele / Long Beach, Famagusta. This is a sourced record, not a rating.
Founded year, legal entity and delivered-project count are not stated on the site. Status of the three projects is not stated explicitly (pages are tagged 'New Project' with completion dates), so status is recorded as unknown; the site also claims 'well over $1 billion in combined sales', which is the developer's own unverified claim and not recorded. Site uses both 'Panah Group' and 'Panah Construction'; the address listed in the contact section (Yeniboğaziçi, Famagusta) is recorded as headquarters.
Named projects (3)
Project
Area
Status · year · source
Statuses and years are as stated by the source on the last-checked date; "delivered" is the developer's own description unless a third-party source is cited. Unit counts are rarely published.
What a buyer still has to check
- Title of the parcel under the specific project and any charges over it.
- Construction permit for the phase being sold; final approval status of earlier phases.
- Whether earlier buyers have received individual title deeds, and how long that took.
- Payment schedule tied to construction milestones; contract registered at the Land Registry.
- Independent TRNC-licensed lawyer who does not act for the developer. See the off-plan checklist.