Emerald Developments S.A. is an Athens-based property developer and is part of the long-established and highly successful Photos Photiades Group of Cyprus. The Group was established in 1942 and is comprised of 40 companies occupying leading positions in the industrial, commercial, insurance, construction and land development sectors, both at home and internationally.

Alongside the large-scale integrated resort of Triopetra, Emerald is undertaking various city developments, one of which is The Emerald Terraces – an innovatively stylish residential development close to the sea in the prime Athens suburb of Glyfada. Due to its uniqueness, The Emerald Terraces will become a landmark in the area. It is a distinctly sophisticated complex with a refined design offering a luxurious living.


Emerald’s creations place people centre stage. Home is where you begin and where you return. Where you live reflects your values and satisfies your aspirations. Each space is individually designed and creates unique character to meet individual needs.

Our core strength emerges from our philosophy to imagine and create distinct designs, to craft them with the highest quality of construction and to perfect them with meticulous attention to detail. If anything truly characterises Emerald, it is the value we place on redefining the standards of contemporary living and leisure.