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About Us

Established in 2015, Allea Group is a dynamic real estate investment, asset management, and development firm with a robust presence in both Austria and Cyprus. By combining deep local market insights with international best practices, we transform high-potential properties into exceptional, enduring assets.

Investment Strategy

Our seasoned team excels across residential, commercial, and hospitality sectors. We specialize in identifying, developing, and managing properties—from prestigious urban projects in Vienna’s first district and scenic mountain resorts in Styria to luxury residential developments in Cyprus.

Our Approach

At the heart of our strategy is a disciplined investment methodology that focuses on:

Strategic Asset Selection:

Rigorous market analysis to identify properties with strong growth potential.

Value Enhancement:

Targeted redevelopment and operational improvements to maximize asset value.

Project Excellence:

Comprehensive management ensuring quality, timeliness, and adherence to budget.

Innovative Design & Sustainability:

Cutting-edge design and eco-friendly practices that create lasting, market-leading properties.

Market-Specific Branding:

In Cyprus, our developments benefit from the exclusive ELVE brand—enhancing market presence and trust—while in Austria, we leverage our established local expertise.

Track Record

Since our inception, we have successfully executed a diverse portfolio of projects that deliver strong returns and set industry benchmarks. Our notable achievements include the transformation and profitable sale of landmark assets such as Naturparkhotel Lambrechterhof and Mountain Resort St. Lambrecht.

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Current Focus

Allea Group continues to expand with prestigious developments like Am Werdertor and Werder Six in Vienna, while also advancing innovative projects in Cyprus under the ELVE banner. These initiatives reflect our commitment to creating premium living spaces that blend luxury, functionality, and sustainability.

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Our Team

Our success is powered by a multidisciplinary team of experts in real estate development, investment management, architecture, and market analysis. Their collective experience and dedication ensure meticulous project oversight and optimal outcomes for all stakeholders.

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Our Vision

To be the premier real estate development and investment firm in our markets—renowned for innovative property solutions that create exceptional value while upholding the highest standards of quality and sustainability.

Join us on our journey to transform properties into prosperity.