The company Nicolaou Bros Tourist Enterprises LTD  is the owner of Ajax Hotel that lies in the heart of the cosmopolitan city of Limassol, within walking distance from the seafront promenade, midway between Larnaca and Paphos airports. The four-star Ajax Hotel consists of 170 elegantly decorated rooms, offering an array of amenities and sophisticated accommodation. The hotel features among other two restaurants, bar, ballroom, fitness club, massage-treatment rooms, tennis court and indoor & outdoor pool. The hotel is also proud for its six fully equipped seminar rooms which can be the ideal place for the organization of business meetings & seminars.

Urban experience, contemporary art deco design, high standards of hospitality and service characterize the Ajax hotel, which combines a cosmopolitan aura with a warm and friendly ambiance.


Mega Steel Cy is owned by D.Nicolaou Trading CO. LTD. Mega Steel Cy is active in the trading and processing of building steel, welded mesh and mantle.

Our extensive experience in the industry, our state-of-the-art warehouses and offices situated, in the Industrial Area of ​​Kato Polemidia Limassol and Frenaros,  guarantee our customers the supply of high-quality products and qualities. The company with its professionally organised distribution network can meet the needs of our clients in all the cities and provinces of Cyprus.

Our main goal is the supply of high-quality products and services to our customers.

The philosophy of our company is reliability, trust, and respect for the environment and society.


Nicolaou & Sons (Landowners) Ltd was founded in the 1980s. The construction of the nine-storey commercial building called Nicolaou Pentadromos Center, whose architecture and specifications were pioneering for its times, marked the start of the company’s successful operations.

The Nicolaou Pentadromos Center, currently home to dozens of Cypriot and international companies, is a landmark building in the city.

Later, the company proceeded with the purchase of offices, which today rents in the luxurious LOPHITIS BUSINESS CENTER on the coastal front of the city, and recently completed the construction of a residential complex in the picturesque village of Kalavasos in the Larnaca district.


Diamond Properties Ltd, is also active in the development and rental of real estate in the eastern area of ​​Limassol. The company owns the prestigious Diamond Court at Kolonakiou Avenue. Diamond Court, consists of 6 retail outlets, while the 1st floor houses a large international company.


D. Nicolaou Developers LTD which is part of the group of companies has partnered with Interlink Holdings LTD and successfully completed the construction of the Porto Bello Busines & Cultural Centre in 2014. The project is situated in a prominent position overlooking the old harbor and  also acts as a gateway to the Limassol marina.

Porto Bello offers a prestige business address for those wishing to Rent Office space in Limassol.

The business centre comprises of four floors of office space and retail space