Karma Developers


Karma Group, a Construction and Developer, in Cyprus, and IC Realty Group, an Alternative Investment Fund, have joined forces to present Mythical Spa Suites, and to analyze the potentials of investing in Real Estate through a Regulated Fund.

This project is the awaited continuation of the already successfully implemented project - Mythical sands. These projects successfully combine the concept of smart housing with the growing trend of sharing.

The unique opportunity to combine "smart" apartments with excellent infrastructure, supplemented by the possibility of renting this housing through a professional service company, made it possible to get a product that takes into consideration the future of smart properties, but converts this future potential into a current profitable investment via the Fund.

Over the past 35 years since its establishment, Karma has built strong relationships with its clients through its commitment to integrity, honesty and all-important aftersales care.

Today, the Group has delivered more than 4000 superior properties and continues to offer enticing new projects with unique designs in highly sought-after locations all along the stunning Eastern coastline of Cyprus.

Karma consists of different companies each offering a different set of value-added services to our clients, such as Karma Developers, Karma Property Management, Karma Construction, and Karma Rentals.

Karma contributes to this project all its accumulated experience and project management know-how, which is arisen from the vertical integration of all stages of real estate.

Combining the developer’s experience with modern financial solutions developed by IC Realty allowed us to bring to the market a product that has unique investment characteristics and a low risk level that allows our customers to create a unique lifestyle while earning investment income.

Join us to review the benefits of investing via an AIF and explore the real estate potential of Cyprus


  • Tel: + 357 23 730 777
  • E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.
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  • Phone: +44 203 519 34 84


  • Phone: +3 572 200 86 84


  • Phone: +38 044 501 78 87


  • Phone: +7 727 350 54 74


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