Effective date: 21 May 2026 Last updated: 21 May 2026
1. Introduction
Luxury Development Greece Monoprosopi I.K.E. (“Luxury Development Greece”, “Company”, “we”, “our”, or “us”) is a Greece-based real estate development, consulting, and construction company operating internationally across the European Union, Cyprus, the Middle East, and selected international markets.
The Company provides services including luxury real estate services, investment property consulting, land acquisition and development, hospitality and resort projects, CLT panel supply, and prefabricated construction solutions.
Luxury Development Greece is committed to protecting the personal data of clients, partners, investors, suppliers, and website visitors in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation — GDPR), applicable Greek data protection laws, and applicable international privacy standards.
This Privacy Policy explains what personal data we collect, how we use it, the legal bases for processing, how we protect it, and what rights are available to data subjects.
2. Data Controller
The controller responsible for the processing of personal data is:
Luxury Development Greece Monoprosopi I.K.E. Registered office: Kranidi 21300, Greece Country of registration: Greece Tax Identification Number (AFM): 172148705 Company registration date: 18/03/2025 Website: luxurydevelopment.gr Privacy email: privacy@luxurydevelopment.gr
3. Data Protection Officer
Based on the Company’s current activities and processing structure, the Company does not currently designate a mandatory Data Protection Officer (DPO). The Company will periodically review whether the nature, scale, or scope of its processing activities requires the appointment of a DPO under applicable law.
If a DPO is appointed, this Privacy Policy will be updated and the DPO’s contact details will be published as required by applicable law.
4. Categories of Personal Data
4.1 Data provided directly
The Company may collect personal data provided directly by users, clients, partners, or counterparties, including:
- full name;
- email address;
- telephone number;
- postal address;
- nationality and country of residence;
- investment interests and property preferences;
- budget range and project requirements;
- architectural or construction-related information;
- identification documents where legally required;
- proof of funds and compliance documentation where legally required;
- correspondence submitted via website forms, email, WhatsApp, Instagram, LinkedIn, telephone, video conferencing tools, or other communication channels.
4.2 Data collected automatically
When the website is used, the Company may automatically collect technical and usage data, including:
- IP address;
- approximate geographic location;
- browser type;
- device information;
- operating system;
- website usage statistics;
- referring URLs;
- cookie identifiers and tracking information, subject to applicable consent requirements for non-essential technologies.
4.3 Data received from third parties
The Company may receive personal data from real estate agencies and brokers, property listing platforms, legal and compliance service providers, public databases and screening providers for AML/KYC verification, advertising and analytics platforms, business partners, consultants, and contractors.
5. Purposes and Legal Bases
Personal data is processed only where a lawful basis exists under applicable data protection law.
The Company may process personal data for the following purposes:
- responding to inquiries, arranging calls, meetings, and property viewings;
- preparing offers, quotations, transaction documents, and project planning materials;
- providing real estate, consulting, investment, design, construction, logistics, or CLT-related services;
- maintaining client and partner relationship records and internal administration;
- complying with AML, KYC, sanctions, fraud-prevention, tax, accounting, and legal obligations;
- sending newsletters, promotional materials, remarketing communications, and deploying non-essential cookies or tracking tools where consent is required;
- improving website performance, audience measurement, and service quality.
The legal bases for processing may include performance of a contract, steps prior to entering into a contract, legitimate interests, compliance with legal obligations, and consent where required.
Where processing is based on consent, consent may be withdrawn at any time without affecting the lawfulness of processing carried out before withdrawal.
6. How Personal Data Is Used
Personal data may be used to respond to property, development, and construction inquiries; provide investment and project information; coordinate real estate transactions; arrange meetings and property viewings; prepare offers and quotations; provide CLT construction consultation; organize logistics and delivery services; perform customer due diligence and compliance checks; improve website functionality and marketing performance subject to consent requirements where applicable; and fulfill contractual and legal obligations.
7. AML, KYC, and Compliance Checks
Given the nature of international real estate, development, and investment-related transactions, the Company may carry out identity verification, source-of-funds verification, anti-fraud screening, sanctions screening, politically exposed person (PEP) checks, and broader compliance reviews before entering into or continuing certain business relationships.
Such processing is carried out where required by applicable law or where necessary to protect legitimate business and compliance interests connected to fraud prevention, transaction security, and regulatory compliance.
8. Sharing Personal Data
Personal data is not sold.
Personal data may be shared, where necessary and lawful, with lawyers and notaries; accountants and tax advisors; financial institutions and mortgage advisors; architects, engineers, and construction partners; logistics and transportation providers; real estate agencies and brokers; IT, software, cloud, and hosting providers; marketing, analytics, and advertising providers; compliance, AML/KYC, and screening providers; and public authorities, regulators, courts, or law-enforcement bodies where legally required.
Where third-party processors are used, appropriate contractual, technical, and organizational safeguards are applied to protect personal data.
9. International Transfers
Luxury Development Greece operates internationally and may process personal data relating to clients, partners, and counterparties located outside the European Economic Area (EEA), including Cyprus, the United Arab Emirates, the United Kingdom, and other jurisdictions.
Where personal data is transferred outside the EEA, the Company uses appropriate safeguards where required, including Standard Contractual Clauses (SCCs), contractual data protection provisions, adequacy decisions where applicable, or other lawful transfer mechanisms recognized under GDPR.
Additional information regarding such safeguards may be requested through the privacy contact details listed in this Policy.
10. Cookies and Tracking Technologies
The website may use cookies and similar technologies, including strictly necessary cookies, analytics cookies, marketing cookies, remarketing technologies, Meta Pixel, Google Analytics, and, where enabled in the future, Google Ads, Google Tag Manager, and other advertising or audience-measurement technologies.
Non-essential cookies and trackers are activated only after valid user consent where required by applicable law. Users can accept or reject non-essential cookies, manage preferences, and withdraw or change consent through the cookie consent tool or other available settings.
Detailed information about cookie categories, purposes, providers, and storage periods is provided in the Company’s Cookie Policy.
11. Communication Channels
The Company may communicate with clients, investors, partners, suppliers, and website users through email, telephone, WhatsApp, Instagram, LinkedIn, video conferencing platforms, and other digital communication tools.
Where a person contacts the Company through those channels, the related communication data may be processed for the purpose of responding, managing business relations, documenting instructions, or progressing a requested service or transaction.
12. Data Retention
Personal data is retained only for as long as necessary for the purposes for which it was collected, including legal, regulatory, tax, accounting, compliance, dispute-resolution, and evidentiary purposes.
Indicative retention periods are as follows:
- inquiry and lead data: up to 3 years from the last meaningful contact;
- transactional, contractual, accounting, and project-related records: up to 10 years, unless a longer period is required by law or necessary for legal claims;
- AML/KYC and compliance documentation: for the period required by applicable law and regulatory obligations;
- marketing consent records: until consent is withdrawn, plus a limited period necessary to demonstrate compliance;
- cookie consent preferences: for the period necessary to remember the user’s choice and demonstrate consent management compliance.
The Company may retain data for longer where necessary to establish, exercise, or defend legal claims.
13. Data Subject Rights
Under GDPR, data subjects may have the right to access their personal data; request rectification of inaccurate or incomplete data; request erasure in certain circumstances; request restriction of processing; object to certain processing; request data portability where applicable; withdraw consent at any time where processing is based on consent; and lodge a complaint with a competent supervisory authority.
Requests may be sent to privacy@luxurydevelopment.gr. The Company aims to respond within one month, subject to the complexity and number of requests, as permitted by GDPR.
For Greece, the competent supervisory authority is the Hellenic Data Protection Authority.
14. Data Security
The Company applies appropriate technical and organizational measures designed to protect personal data against unauthorized access, loss, misuse, alteration, or unlawful disclosure.
These measures may include SSL/TLS encryption, access controls, secure hosting environments, password protection, role-based access restrictions, periodic reviews, vendor controls, and internal confidentiality procedures. No online transmission or storage system can guarantee absolute security.
15. Minors
The Company’s services are intended for persons aged 18 and over. Personal data from minors is not knowingly collected.
If the Company becomes aware that personal data of a minor has been collected without appropriate legal basis or authorization, that data will be deleted or otherwise handled in accordance with applicable law.
16. Policy Updates
This Privacy Policy may be updated from time to time to reflect legal, operational, technical, or business changes.
The latest version will be published on the website together with its updated effective date. Material changes may also be highlighted through the website or other appropriate communication channels where necessary.
17. Contact Information
For questions, requests, or concerns relating to this Privacy Policy or the processing of personal data, contact:
Luxury Development Greece Monoprosopi I.K.E. Website: luxurydevelopment.gr Email: privacy@luxurydevelopment.gr Registered office: Kranidi 21300, Greece