About Us

MOMENTUM Development Ltd is a greek family owned real estate development company founded in 2002 with it’s head offices located in Athens.

We are involved in all aspects of real estate development: land acquisition, planning and development, design and construction, sales, and support for our clients. Our company services also include third party consulting and design – construction management. Our main focus though, is the development of residential vacation resorts on the greek islands.

We dedicate ourselves to creating high quality projects with constant focus on client satisfaction.

The core of our company is a team of three (3) engineers (civil and electrical).

Andreas Kapsalis
Born in Athens in 1970, Civil Engineer, graduate of the Federal Institute of Technology (ETH) of Zurich – Switzerland. He has worked for the largest greek civil contractor AKTOR S.A. (www.aktor.gr) as Construction Site Manager, Project Manager and Key Account Manager during 1996-2002 and as Head of Expansion Middle East (Persian Gulf Region) during 2003-2004. In 2005 he joined PASAL DEVELOPMENT S.A. (www.pasal.gr) as Technical Director and in 2006 took over the position of the General Manager.

Panagiotis Kapsalis
Born in Athens in 1972. Civil Engineer, graduate of the Federal Institute of Technology (ETH) of Zurich – Switzerland. He has worked for the largest greek civil contractor AKTOR S.A. (www.aktor.gr) as Construction Site Manager and Project Manager during 1998-2004. In 2005 he took over the position of CEO of MOMENTUM DEVELOPMENT.

Andonis Kapsalis
Born in Athens in 1975, Electrical Engineer, graduate of the Federal Institute of Technology (ETH) of Zurich – Switzerland. He has worked for the largest greek civil contractor AKTOR S.A. (www.aktor.gr), as Construction Site Manager and Project Manager during 2001-2004. In 2005 he founded CLEVERTECH TRADING which is the agent of i-Tech Dynamic and other consumer electronics for Greece and neighboring countries. In 2009 he co-founded ZONA SUL Properties (www.zonasulproperties.com), a real estate investment and development company in Rio de Janeiro – Brazil.