Leptos Property Gazette Autumn 2018

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6 LEPTOS CALYPSO HOTELS

DEPUTY PRESIDENT

A life enhancing experience! 9 NEAPOLIS SMART ECOCITY

Dear Friends,

PAPHOS maintains its position as the most popular district for overseas buyers and investors

MICHAEL LEPTOS was Awarded by H.E. the President of the Republic of Cyprus Mr. NICOS ANASTASIADES as Business Leader of the Year

S&P raises Cyprus credit rating to BBB-, back to investment grate

LEPTOS PROPERTY PORTOFOLIO / MAPS

GREECE - Greece Golden Visa Programme

LIMASSOL LIMASSOL DEL MAR - Buyers from all over the world

LEPTOS GOLDEN MILE RESORT among cyprus “top selling developments”

The absolute blue of the LEPTOS GROUP in GREECE

LEPTOS KAMARES VILLAGE: Happy 40th Anniversary (1978 – 2018)

36 PAPHOS LIFESTYLE

Свой бизнес в ПАФОСЕ ПАНТЕЛИС М.ЛЕПТОС: новый директор CIPA LEPTOS OFFICE LOCATOR

USEFUL CONTACTS / CYPRUS

LEPTOS ESTATES

26 880 100

E: info@LeptosEstates.com

LEPTOS CALYPSO HOTELS

26 813 777

E: info@LeptosCalypso.com

VESTA HOLIDAYS

26 882 000

E: Vestahol@Leptoscalypso.com

LEDA TRAVEL

26 880 440

E: info@LedaTravel.com

IASIS HOSPITAL

26 848 484

E: info@iasishospital.com

NEAPOLIS UNIVERSITY PAFOS

26 843 300

E: info@nup.ac.cy

In September 2018, Standard and Poor’s upgraded Cyprus’ economy to investment grade, signaling positive prospects and establishing itself as a model of impressive financialrecovery.The4%increaseoftheGDPismainlyattributedtotherealestate and tourism industries which are strongly boosted by the attraction of foreign investments and resulted in a drop of unemployment from 17% to 8%, as well as a Government budget surplus of 3%, the highest in the EU! We are fortunate to have a newly elected Government, that works closely with the industry, with a pipeline of reformsandincentives.

Leptos Estates, a member of the leading LEPTOS GROUP of Companies, implementingitsextrovertbusinessstrategy,continuestheexpansionofitsactivities in Europe, the Middle and Far East. A large number of buyers and investors were attracted by the company’s latest coastal line projects “Adonis Beach Villas” ,"Coral Bay & Coral Sea Villas" and “Iasonas Villas” in Paphos , “Aegean Blue” in Crete and in Limassolthe“LimassolDelMar”,oneofthehottestpropertiesaroundtheworld.

Here in Cyprus, Paphos is in the lead as the most popular district for overseas property buyers from Europe as well as Non-Europeans. The Cosmopolitan town of Paphosandtheentirepicturesqueprovinceisthenicestandmostsecureareaonthe Island, where one can live, holiday and work. In fact the area of Paphos is the ideal placeforsomeonetotransferorestablishtheirinternationalbusinessactivities.

Forthosedreamingofauniquecoastalproperty,Paphosisconsideredtobethebest choice. These magical waterfront locations provide an idyllic lifestyle for discerning buyersandinvestorslivingintheseexceptionalhomes.

LeptosEstatesproudlyannouncedthatthefirstthreeprojectsofthe”GoldenMile”(a well-deservednameforthistrulymagicalseafrontlocation),“ApolloVillage”,“Apollo Beach Villas” and “Adonis Beach Villas”, were a great success as one of the island’s “topsellingdevelopments”in2018.

Aspecialnoteshouldbemadeforthe40thanniversaryofthemostdistinctiveaward –winning community villa - development, “Leptos Kamares Village”, on the Paphos hills overlooking Paphos. The founder of Leptos Group, Michael Leptos, a visionary entrepreneur, laid the foundation stone 40 years ago which today has become an internationalcommunityofover5.000happyhomeowners.

Paphos is also a culture and educational center. The 6th Graduation Ceremony of Neapolis University Pafos was a huge success, honoured by the attendance of H.E. the President of the House of Representatives Mr. Demetris Syllouris, the Paphos MP’s,theDistrictofficer,theChurchauthorities,Mayorsandlocaldignitaries.

Dearfriends,

Leptos Estates creates projects which serve the goal of quality and elegant living.Thisisalifeenhancingexperience!

NEAPOLIS UNIVERSITY PAFOS

In Cyprus and at the Leptos Group, hospitality is key to welcoming our guests to our Island. We own and operate hotels and quality accommodation in Cyprus and Greece.

We are proud of what we know and have learned throughout our 58 years of experience in building, developing and managing land, property, hotels and more recently the fields of education and medicine.

58

Exclusive seafront developments with unique beachfront properties in Cyprus and Greece

CORAL BEACH HOTEL & RESORT

The 5 Star Coral Beach Hotel & Resort is directly on the sandy beach and sparklingwatersofCoralBay–minutesfromtheruggedAkamasPeninsular

TraditionalCypriotdécorwithmodernamenities

424stylishroomsandsuitessetinspectaculargardenswithelegantpools

6superbRestaurants

‘Esthisis’WellnessSpaandBeautyCentre

Facilities include: Tennis courts, Gym, Olympic pool, Diving Centre, Water Sports, KidsClub,Crèche,Playground,twochildren’sswimmingpoolsandWaterslides

ConferenceFacilities

Weddinglocation

SENTIDO THALASSA CORAL BAY

TheconceptoftheSentidoThalassaCoralBayBoutiqueHotel&Spaisbasedon Service,CuisineandWellness

Luxurious‘Anagenisis’SpaandWellnessCentre

58roomsallwithstunningseaviews

Superbrestaurant,‘alfresco’dining

Set on a small peninsula and next to an archaeological site, overlooking stunning Coral Bay, Sentido Thalassa Coral Bay is Cyprus’ first Boutique Hotel & Holistic Spaandisjust15minutesfromPapfos

PerfectWeddingLocation

Guestswelcomed:12yearsandabove

PAPHOS GARDENS HOLIDAY RESORT

Set 150 meters from a sandy beach and within walking distance to the main tourist area and harbor, Paphos Gardens Holiday Resort comprises low selfcatering apartment buildings set around a central main hotel with meandering walkwaysandbeautifullandscapedgardens.

24-hourreceptionservice

Tennis Court, two outdoor and one indoor freshwater swimming pools, children’s poolandplayarea,HealthSpaandGym,Supermarket.

Regularliveentertainment

Restaurant&Bar

BASILICA HOLIDAY RESORT

Situated just 250 meters from Paphos harbor, next to the Archaeological site of StPaul’sBasilicaand100metersformthebeach,BasilicaHolidayResortisfullof Mediterraneancharm

Studios,one,twoandthreebedroomapartmentsallsetwithinbeautifulgardens

SwimmingPoolandloungingarea

Reception Bar

Restaurant

Walkingdistancetoharborandtown

Idealforfamiliesandlongstayguests

THE PANORAMA HOTEL (CHANIA, CRETE)

LocatedinChaniaonthebeautifulislandofCretejustminutesfromthetown centerandcharmingVenetianharbor

Set amongst landscaped gardens the Panorama’s main building is enhanced bysurroundingguestbungalows

Stunningviews

Traditionalinteriorwithmodernamenities

RestaurantandBars

SwimmingPools,Children’sPlayarea,GymandWellnessCentre

ConferenceFacilities

20 kilometers from the airport and thirty from Samaria, Europe’s most spectaculargorge

Continuous Great Success of Leptos Estates in the Middle and Far East

SuccesscontinueseveninthesummermonthswiththepresenceofLeptosEstatesatInternationalseminars andExhibitionsonRealEstateandInvestmentintheMiddleandFarEast.

Alargenumberofbuyersandinvestorswereattractedbythecompany’slatestcoastallineprojects“ADONIS BEACHVILLAS”and"CORALBAYVILLAS"inPaphos,“LIMASSOLDELMAR”inLimassol,and“AEGEANBLUE” inCrete,fourofthemostluxurioussuper-modernseafronthomedevelopments,inCyprusatpresent.

Leptos Group Sales and Marketing executives stated that, "Our Overseas teams are making an immense effort in promoting and highlighting not only our Group's activities and projects but the beautiful and at the same time cosmopolitan islands of Cyprus, Crete, Paros and Santorini alike in general and will continue this particular exposure during the months of September and October in Russia, South Africa, China, United KingdomandGermany,expectingtomeetandattracthighqualityinvestors”.

The Leptos Estates extrovert business strategy and the continuous development of high quality and prestigious projects are attracting foreign investment from all over the world, especially from Europe, Middle East,andrecentlyfromtheFarEastCountrie

Pantelis M. Leptos: New Director of CIPA

The Cyprus Investment promotion Agency (CIPA) has appointed Pantelis M. Leptos as a new member of its Board of Directors. Pantelis Leptos is the Deputy Chairman of the Leptos Group, one of the largest and most successful Group of Companies in Cyprus and Greece and Chairman of the Cyprus Land and Building DevelopersAssociationsince2012.

Mr.LeptosholdsaBSCincivilEngineeringandaMasterof Science degree in International Finance , Trade and Shipping.

Furthermore he is Deputy President and Member of the BoardofDirectorsofthePublicCompany“LeptosCalypso Hotels Ltd”. He is the past President of the Paphos Hotel Owners Association and of FIABCI Cyprus. Mr. Pantelis is alsotheHonorary Consul for JamaicainCyprus.

CRETE

PAROS

SANTORINI

CYPRUS

THE FUTURE Neapolis Smart EcoCity

KEYFACTS

● Itinvolvesthedevelopmentofatruly21stcentury cityinanareaof1,100,000sqmwithanetbuildable areaof777,000sqm

● Greencitywith230,000sqmofpublicgreenpark areas

● Centrallycontrolledsmartsystems

● InnovativeResidentialdesignandconcept complimentedbylifestyleenhancingelements

● Projectmainelements:

LIFESTYLERESIDENTIALDEVELOPMENT

● Apartments&villasingatedcommunitiesand residentialtowers.

● AssistedLivingDevelopment

NEAPOLISBUSINESSCENTER

● Commercial,Leisure&EntertainmentCenter

● Office/businessPark

● CulturalCenter

● Hotel

● ServicedResidentialTower

NEAPOLISHEALTHPARK

● Hospital

● RehabilitationCenter

● WellnessCenter

NEAPOLISUNIVERSITY

● CampusUniversitywithacapacityforover 5,000students

RELEASEDATE:

● Townplanningmasterplanpermithasbeenobtained LOCATION

● Neapolisissetinaprivilegedlocationasitisadjacentto thecityofPaphos,within800mfromthe beachand touristpromenadeandhasadirectmotorwayaccess tothePaphosInternationalAirport

Established Private Hospital, Owned by the Leptos Group , considered to be amongst the best equipped and staffedhospitalsinCyprus.

Capacity of 37 beds, including a fully equipped intensive care unit with three Operating theatres and casualty department,allofwhichareinstalledwiththelatesthigh-techmedicalequipment.

Qualitymedicaltreatmentofferedbyhighlytrainedexperienceddoctors.

A24-hourdoctorAlertSystemandcasualtyDepartmentalwayspreparedtohandleanymedicalsituation

EmergencyMedicalCentreatLeptosKamaresVillage. Purpose-built,fully-equippedcentre,24hour–7daya weekmedicalandemergencytreatmenttomembersandnon-members.

OUR MISSION IS TO PROVIDE THE BEST MEDICAL CARE IN A PLEASANT AND COMFORTABLE ENVIRONMENT

European Citizenship through the “Cyprus Investment Programme”

A Non-Cypriot investor can acquire the Cyprus Citizenship by Exception

FOR THE ENTIRE FAMILY

PARENTS - CHILDREN - GRANDPARENTS

The Citizenship Programme applies for the family of the applicant including spouse dependants and his/her parents

FREEDOM OF MOVEMENT AND RIGHT TO TRAVEL

NO PHYSICAL RESIDENCY REQUIREMENTS

You can travel and live anywhere in the European Union. Visa free travel to 155+ countries. Cyprus allows multiple citizenship

PROPERTY INVESTMENT

A MINIMUM OF €2MM PLUS VAT (IF ANY)

Guaranteed straight – forward procedure (appx.6 months for approval). The €1.5 mm investment can be resold aſter 3 years. (Will begin aſter the issuance of the town planning permit)

FREEDOM OF BUSINESS EDUCATION & HEALTHCARE

SAME RIGHTS AS EUROPEAN CITIZENS

Everyone has the freedom to conduct a business, the right to education and access to public and private healthcare in the EU

VALID FOR LIFE

NO NEED FOR FUTURE RECONSIDERATION

This is a lifetime Investment and not a donation. The citizenship is not renewable, it is permanent and it is for life

FAMILY BENEFITS

SAFE ENVIRONMENT FOR YOU & YOUR FAMILY

Cyprus offers excellent quality of life in a relaxed, stress free lifestyle. Offers an effective tool for family and tax planning

European Cyprus Permanent Residence Permit

To Applicants who are non EU Nationals and Invest in Cyprus Properties

FOR THE ENTIRE FAMILY PARENTS – CHILDREN – GRANDPARENTS

Cyprus Permanent Residence Permit covers the whole family including dependents and parents of the applicant and his/her spouse

VISA REQUIREMENTS

NO VISA NEEDED TO ENTER CYPRUS

The Cyprus Permanent Residency holder and his family are free to enter Cyprus without the need of obtaining a visa

PROPERTY INVESTMENT

ONLY 300,000 EUROS

Guaranteed straight-forward procedure. The property must be bought from a licensed development company (first sale Property)

SCHENGEN ZONE

CYPRUS IS EXPECTED TO ENTER THE SCHENGEN ZONE SOON

Cyprus along with Romania, Bulgaria and Croatia are expected to join the Schengen area soon

VALID FOR LIFE

NO NEED FOR FUTURE RECONSIDERATION

The Permanent Residence Permit is valid for Life. You need to visit Cyprus once every two years at l east for one day

EDUCATION & HEALTHCARE

HIGH STANDART OF MEDICAL & EDUCATION SYSTEMS

Cyprus offers an ideal family environment enabling your children to benefit from excellent school and universities while healthcare and infrastructure are all state of the art

LEPTOS ESTATES AND PAPHOS, YOUR CHOICE FOR LUXURY WATERFRONT LIVING

Living by the sea represents the highest Level of luxury for many home owners. For those dreaming of a unique waterfront property, Paphos and especially the west coastal region of Cyprus is considered to be the best choice. The latest Leptos successful seafront developments, Coral Seas Villas, Adonis Beach Villas, Iasonas Villas and Coral Bay Villas all superbly located on the western popular coastlineofthePaphosregionofferluckybuyersandinvestorsaremarkableway oflivingwithextraordinaryfacilities,services,amenities,outstandingfinishesand withanendlessarrayofawaitingactivities.

Mediterranean architecture-style fuses with modern characteristics to create large indoor and outdoor areas, patios, verandahs, swimming pools, outdoor Jacuzzis and lush landscaped gardens, with modern architectural designs and with the latest technology quality finishes. Majestic sunsets, golden sandy beaches and sharp cliffs compose an amalgamation of the natural beauty of our Island.

These magical waterfront locations provide an idyllic lifestyle for discerning buyers and investors living in these exceptional homes which offer unmatched relaxationforbothmindandbody.

The Mediterranean lifestyle is about enjoying life to the full. Leptos Estates and Paphos,inviteyoutoliveyourdreamrightonthewaterfrontwherefantasiesturn intoreality.

Paphos is in the lead as the most popular district for overseas buyers from Europe and Non-Europeans by 39% in comparison to Limassol which follows with 30%. Larnaca is 3rd with 15.5% and lastly Famagusta with 10 %andNicosiawithjust5.5%.

During the first seven months of 2018, a total of 2,884 property sale contracts were deposited by overseas buyers, with 919 depositedbyEUnationalsand1965bynon-EU nationals.

At the same time, during the same period, the total number of contracts deposited at the Land Registry office has risen by 23%

compared to the ones deposited during the correspondingperiodoflastyear.

TheareaofPaphosisonceagainbecomingthe new attraction for European and NonEuropean buyers and entrepreneurs. The Cosmopolitan town of Paphos and the entire picturesque province is the safest and most secure area on the Island, where one can live, workandholiday.

The perfect climate along with the new cosmopolitan culture in the region has increased the turnout of foreign buyers and investors. For many people, Paphos is still the best city to buy a summer holiday home abroad.

PAPHOS MAINTAINS ITS POSITION AS THE MOST POPULAR DISTRICT FOR OVERSEAS BUYERS AND INVESTORS

LEADER OF THE YEAR

The Honorary Business Leader Award of KEBE (Cyprus Chamber of Commerce and Industry) for the "Overall Contribution to Entrepreneurship" was awarded by the President of the Republic Mr. Nicos Anastasiades to Michael Leptos, Founder and Chairman of the Leptos Group of Companies and Founder and Chairman of the Neapolis University Pafos at an event that was recently held in Limassol.

The nomination of Mr. Michael Leptos was based on his work, his overall contribution and his business activities in Cyprus, which are characterizedbyhisleadership,visionandinnovativestrategies.

MichaelLeptos,wasborninKyrenia,andgraduatedasaCivilEngineer at the Polytechnic School of Athens. He started as a self-made entrepreneurandpioneerinlandandbuildingdevelopment. Following the Turkish invasion, in 1974 when he was forced to leave behind substantialprojectsandotherproperties,herelocatedhisactivitiesto Jeddah, Saudi Arabia and began constructing prestigious residential developments like Saudia City, a modern city with 4000 housing units andPalaces.

He then chose Paphos as the center of his business activities in land and property development. Paphos with its exquisite natural beauty andhistoryofferedgreatpotentialfordevelopment.TheLeptosGroup hasalsoexpandedtoLimassolandGreecewithprestigiousresidential andholidaydevelopmentsaswellashotelresorts.

HeisproudofalltheGroup’sprojectsandespecially“KamaresVillage", "Coral Beach Hotel & Resort", "Neapolis University" as well as the new major project “Neapolis Smart Eco City" a large, innovative, mixed-use development of 1.1 million square meters. Michael Leptos is the Honorary Consul of the Kingdom of Jordan in Cyprus and has been honoredwiththemedaloftheIndependenceoftheKingdom.

He has also been honored by the International Federation of Real Estate Professionals (FIABCI), the Pancyprian Association of Land DevelopmentEntrepreneurs(LBDA)inwhichheservedaspresidentfor severalyears,theCyprusaswellasthePaphosChamberofCommerce and Industry, the Cyprus Hotel Managers Association, the Paphos Church Authorities, the Kyrenia Municipality, the Greater Amman JordanMunicipalityaswellastheSenateofJordan.

S&P RAISES CYPRUS CREDIT RATING TO BBB-, BACK TO INVESTMENT GRATE

Standard & Poor's Global Ratings raised its long- and short-term foreign and local currency sovereign credit ratings on Cyprus to 'BBB/A-3'from'BB+/B'withastableoutlook.

Commenting on the upgrade President Anastasiades tweeted “The return aſter 6.5 years to investment grade is the strongest confirmation of the prudent management that we followed and continue to follow, our economy is recovering with the best omens beingconfirmed.”

Finance minister, Harris Georgiades, said that one of the most important economic policy objectives has been achieved. “The growth perspective is reinforced. Our country is financially shielded. The difficult decisions we were called upon to take are being justified,” the ministertweeted.

In its announcement S&P explained the rationale behind its decision: The Cypriot economy will continue to grow at a solid pace through 2021, our forecast horizon, enabling the government to alleviate its debtburden.

Measures by Cypriot policymakers to markedly reduce the stock of nonperforming assets in the banking system via financial support and legislative changes have improved the sector's health and are likely to facilitate further recovery efforts. Any additional financial state supporttothebankingsectorwillonlymoderatelyaffectthesovereign balancesheet.

The ratings are also supported by policymakers' efforts to consolidate public finances and restore the health of the banking sector. In 2018, thegovernmentinjectedabout15%ofGDPintothecountry'ssecondlargest bank, the majority state-owned Cyprus Co-operative Bank (CCB),tostrengthenitsbalancesheetandcarveoutitsnonperforming assets into a residual entity. This will significantly reduce the banking sector's non-performing exposures (NPEs) to an estimated one-third oftotalloansfromone-halfbefore.

MICHAEL LEPTOS WAS AWARDED BY H.E. THE PRESIDENT OF THE REPUBLIC OF CYPRUS MR. NICOS ANASTASIADES AS BUSINESS

FEATURED PROPERTIES

LEPTOS ADONIS BEACH VILLAS

VILLA NO. 26 CHLORAKA VILLAGE

Private S.pool Right on the sea Liſt Marble flooring

5 5 753

112

2 Garden Area 43 m

4 237

Panoramic Sea Views

LEPTOS CORAL BAY VILLAS

LEPTOS CORAL SEAS VILLAS

FLAT NO. 003 B.7

MANDRIA VILLAGE

VILLA NO. 119 TSADA VILLAGE

S.Pool Panoramic View

Gardens Covered car Park Semi furnished Wooden shutters

3 2 135

A/C Units available

Aluminium shutters Covered veranda Double glazed windows

Private garden Safety Locks Terrace White goods

Private Gerdens Seafront property

2 Plot Area 496 m Panoramic sea view

WESTPARK COURT II

PAPHOS TOWN MAP

Property Management Service

Very large plot

Beach front location

Next to 5* Hotels & Resorts

Next to the new Paphos Marina

Private pools and gardens

CORAL BAY

10 min to Paphos town

Best Sandy beaches in Cyprus

Exclusive Seafront area

Close to famous Coral Bay Resort

Located at the water's edge

Tranquil Village Resort

Next to 5* Hotels & Resorts

Close to the new Paphos Marina

5 minutes to Akamas National Park

Private S.Pools and Sunterraces

Close to the nightlife

LEPTOS CORAL SEAS VILLAS

CHLORAKA VILLAGE

Next to 5* Hotels & Resorts

Next to the new Paphos marina

Close to famous Coral Bay

Private S.Pools and sunterraces

LEPTOS KISSONERGA BEACH VILLAS II

POLIS CHRYSOCHOUS

Property management service

Seafront location

Landscape Gardens

Easy access to the main road

15 minutes to the airport

Property management service

Award – winning Resort

GREECE GOLDEN VISA PROGRAMME

WHY GREECE

Conveniently located between Europe, Asia and Africa

Real Estate prices are at their lowest Member of the Schengen Zone Safety and Security at the top of the EU list

Healthiest Mediterranean climate

Most beautiful natural environment

Friendly and hospitable people, relaxed lifestyle

GREEK RESIDENCY PROGRAMME WITH A PURCHASE OF A HOME

The Greek Residency Programme is the most affordable inEuropeandtakesonlyafewdaystocomplete. Permanent Residency for life from day one. Visa Free travel to all Schengen Countries. All family members including parents of investors granted PermanentResidency.

WHY LEPTOS

One of the Largest Land and Building Developers in the Mediterranean A long established organization with over 57 years of history

World class sales network in over 75 countries

Over 350 property developments

Freehold Properties for Sale in Athens, Crete, Paros and Santorini

Tourism and Hotel ownership

PERMANENT RESIDENCE PERMIT WITH THE PURCHASE OF A HOME

TOP REASONS TO ACQUIRE A GREEK PERMANENT RESIDENCE PERMIT

AFFORDABLE

ONLY 250.000 EURO

The cheapest permanent Residency Programme in Europe

SCHENGEN AREA

Greece is part of Schengen area

Visa free access to all Schengen countries (practically all of EU)

No need to enter Europe through Greece

NO MINIMUM STAY REQUIREMENT

No requirement to spend minimum time in the country.

Once every 5 years you need to visit Greece for one day

BUYERS FROM ALL OVER THE WORLD

Aſter the immense success of apartment sales of Phase I, which is now nearly sold out, the sales successcontinueswiththesecondtowercalled“The Signature Collection”, exceeding every expectation. Notableisalsothefactthattheoverallinvestmentis covered by the income derived from the apartment sales, which already ensures the funding of the project'scompletionandon-timedelivery.

With buyers' nationalities of over 15 countries from all around the world as well as Cyprus, Limassol Del Mar monopolizes the interest in Limassol. The buyers'profileishighlyeclecticanddemanding,with most of them being owners and executives of internationalcolossuscompanies,whobelieveinthe investment value of the development and the lifestyle it promises to offer. Most of them are choosing Limassol Del Mar as a permanent or second residence for themselves and their families inordertoenjoythefive-starservicesoffered.

READY TO ENJOY FROM 2019

Beingafullylicenseddevelopmentproject,Limassol Del Mar is being constructed at an unprecedentedly fast pace for the Cypriot market, aiming to deliver the first apartments to their owners on time. Based onthescheduledconstructionplan,phaseonewillbe completed and delivered in 2019, and phase two in 2020. More specifically, the initial phase includes the delivery of the first tower, the ground floor hosting the shops and restaurants, the parking spaces and the third floor, where all facilities and apartments of the western building will be located. With property deliveries within 2019, Limassol Del Mar holds a substantial advantage over other projects.

The second phase includes the delivery of all apartments of the “Signature Collection”, the project'slandmarkbuilding,situatedtotheeastside. The apartments of this luxurious “collection” will consist of two to five bedrooms, with first-class specifications and an unobstructed view to the seaside. New collaborations with renowned internationalfashionhouses“signing”thiscollection areunderwayandwillbeannouncedsoon.

Thedevelopment'sarchitectureisoneofthereasons why this building stands out. Due to its south inclination, all terraces grant the feeling of being above the sea. The combination of its privileged and unobstructed sea view from one side of Limassol to theother,withthehighcreativitystandards,setsthe qualitystandardsevenhigher.

Construction work has been assigned to the consortium of companies, which includes Cyprus-based Atlas Pantou Group and the three international construction giants: MAN Enterprise, ICM Group and CMB Società Cooperativa. Based on the construction plan, phase one will be completed and delivered end of 2019, and phase two in 2020. The overall investment is covered by the income from the apartment sales, which already ensuresthefundingoftheproject'scompletionandon-timedelivery.

The iconic building was designed by international acclaimed architects Benoy, with the subtle wave forms from the sea defining the residences' living spaces. Commenting on the unique design of the development,JohnDawes,DirectoratBenoy,said:

“Ourvisionwasinspiredbytheentrancinglandscape of the Cypriot coastline. We wanted to create a unique residential address and very special experience;wewantedtotranslatethebeautyofthe Troodos Mountains and Mediterranean Sea into architecturalform.Withitsundulatingsilhouette,the design gracefully echoes the rhythm of the landscape while bringing the magic of the sea into the development. Generous terracing and outdoor pools complete the sense of place. Our design celebrates the many reasons why people have wanted to visit this part of the world for centuries. What's more, with the development's majestic setting, it provides access to specialty amenities, including boutique retail and fine dining to present residentswithaholisticlivingexperience.”

The firm, founded in 1996 by Pavlos Antoniades and Andreas Eleſtheriou, works on commercial, residential resort and mixed-used developments in Cyprus and worldwide. It provides full architectural, masterplanning and construction supervision services for developers, companies and private owners. A core competence is energy efficiency and sustainable design of buildings, as well as integration of information technology and sensors for “smart buildings.” It invests continually in information technology and was the first office to fully replace traditional CAD systems with Building Information Model (BIM) systems in Cyprus. For Limassol Del Mar, it has also designed the Le Plaza andprestigiouspromenade,organicallylinkedtothe existing fabric, the seafront road and the sea, which will house an exclusive collection of high-end boutiques,cafesandrestaurants.

Harry Gregory for ara Design International

ara Design is an interior architectural design studio specialising in the global hospitality sector. It has completed interior design projects in more than 30 countries, which include 5-star hotels, resort spas, boutique hotels, restaurant and private residences. Director/Designer Harry Gregory explained that he and his team are in charge of the full interior design of Limassol Del Mar apartments and Public Areas. “Our scope covers everything from specifying floor tiles,walltiles,selectingpaintcolours,wallcoverings and furniture items to detailing ceilings, designing entrydoorsandspecifyingdoorhandlesandsanitary ware, everything but the building's architecture,” he said,adding,“WeareresponsibleforthePublicAreas aswellwhichincludeabar/loungeandfullyequipped gymandspaareaaswellasthemainentrancetothe properties.”

Joe Khoury for MAN Enterprise

Founded in 1971 in Beirut, MAN Enterprise is one of the largest construction companies in Lebanon and a landmark builder in the Middle East & Africa. Its diverse portfolio includes hotels & resorts, high rise commercial & residential buildings, residential complexes, villas, shopping malls, universities & schools, roads, bridges, utility tunnels, sewage treatment plants, desalination plants etc. The company's Business Development Manager, Joseph Khoury, explained that for Limassol Del Mar, MAN Enterprise will use its experience gained from buildinghighrisesintheMiddleEastandmobilizeits experienced specialized teams to ensure smooth execution of the job up through a unique methodology to the highest quality and safety standards. “We believe that the Limassol Del Mar project is only the start of a long journey for us in Cyprus where we plan to have a permanent presence.”

John Dawes for Benoy

Andreas Eleſtheriou for Antoniades + Eleſtheriou UDSarchitects

Leptos Golden Mile Resort among Cyprus’

Leptos Estates revealed that the first three projects of its Golden Mile Resort, Apollo Village, Apollo Beach Villas and Adonis Beach Villas were a great success and that it was one of the island’s “top sellingdevelopments”forthissummer.

Discover the unbeatable beauty of the “Golden Mile”, a part of the Paphos coastline situated between the picturesque Paphos Harbour and the magnificentsandy beaches of Coral Bay, home to the shipwreck of St Nicolaos and Paphos’ most amazing sunsets.

“top selling developments”

This exceptional area is one of the Island’s most spectacular and sought-aſter coastal spots where the sea’s hues of blue, green and turquoise blend harmoniously with its golden sun-kissed coastline. Endless sunshine and majestic sunsets, wild natural beauty are the main attractions. It is hence no surprise that

THE ABSOLUTE BLUE OF THE LEPTOS GROUP IN GREECE

TheLeptosGroupcurrentlyhassixnewSeafrontdevelopmentstopresentsituatedonthebeautiful GreekIslandsofCrete,ParosandSantorinicomprisingofaneclecticcombinationofseafrontvillas, apartments,penthousesandmaisonettes.

In the charming Chania region of Crete within the historic area of Maleme, The Group has a very strong presence with “Leptos Aphrodite Seafront I & II”, two exclusive developments of detached and semi-detached seafront villas , spacious apartmentsandluxurypenthouses,allwith endless sea views and architecture resemblingthatoftheAegeanIslands.

Just a few meters away stands “Leptos Aegean Blue”,a brand new modern development of minimal design and modern colours reflecting the Mediterraneanpalette.Movingwesttothe Kissamos area “ Leptos Viglia Beach Villas”, Another exclusive project of luxury stone-built homes with extremely pacious landscapedgardensandtraditionalCretan style architecture proudly looks out to the majesticAegean.

the area attracts many visitors on foot, by boatandevenhelicoptertours.

The latest addition of the Leptos Group’s “Adonis Beach Villas” on the Golden Mile blends harmoniously with the golden sunkissed coastline, rocky and sandy beaches together with its wild natural beauty. This luxurious beachfront development overlooks the sea with modern architectural design and finishes, services, facilities and amenities of the highest standard. The project features private pools, landscaped gardens, large verandas and outdoor living areas, contemporary modern technology and functionalconnectivity.

The Golden Mile is a well-deserved name for this truly magical sea front location. The vision of the Leptos Group for this unique location and its name justify its passion for creativity, innovation and preservation of the naturalenvironment.

Our trip along the Greek Islands continues to the Group's jewel of seafront properties, “Leptos SantoriniBeachVillas”ontheuniquevolcanicIsland ofSantorinianditsCaldera.Herejustafewmeters from the beach ,we offer bungalows and detached villas with private landscaped gardens and swimmingpools.

On the enchanting island of Paros and in tune with the traditional Cyclades Island's architecture, “Leptos Paros Gardens” represents an ideal holiday destination and a sound investment. Situated directly on the picturesque and quiet beach of Molos this development consists of spacious apartments, stylish maisonettes, penthouses and traditional villas with private landscaped gardens and meandering paths which lead to its large swimmingpool.

A short but captivating trip to the absolute blue where the Leptos Group offers the best seafront properties, at the best unique locations offering lifestyleandexcitingexperiences.

For further information, special offers and organized property inspection trips, please call (0030) 2821020830 or contact us by email infochania@LeptosEstates.gr

On the hills overlooking Paphos, close to the 12th Century Monastery of St. Neophytos and a few minutesdrivefromPaphosCenter,LeptosEstates has created Kamares Village, one of the most exclusive villa developments in Cyprus, which is amongst the most distinctive in the Mediterranean. Kamares Village which this year th celebrates its 40 anniversary is characterised by its delicate stone arches(Kamares) and superb location with breathtaking views of the countrysideandPaphos'coastline.

The community's freehold villas are set within a country club atmosphere for discerning people who wish to reap the rewards of the Cyprus’ Mediterranean lifestyle. The use of local stone, woodandarcheswithbigopenlivingrooms,wood burning fireplaces, typify the landscape whilst swimming pools, barbeques, wonderful gardens, sun terraces and even private tennis courts add luxury to the outdoor lifestyle which is about enjoyinglifetothefull,aperfectbalancebetween workandrelaxationandhavingtimetoexperience newpleasuresinlife.

The first turf was turned in 1978 and since this date “Leptos Kamares Village” has grown into a unique resort with a reputation as one of the best addresses in the Mediterranean. Discerning

clients from all over the world have the opportunity to invest in exceptional property in Cyprus where original architecture and construction is without parallel, clever interior planning and exteriors blend harmoniously into theirnaturalenvironment.

“ ” offers Mediterranean Leptos Kamares Village livingatitsbest.Anareawhereyoucanindulgein culture and history, flora and fauna, traditional cuisine and local wine, festivals, music and dance or just some peace and tranquility enjoying the sunshineorthemagnificent Paphossunsets.Life in Kamares is an eclectic mix of people, all enjoying different activities living in harmony together. “Leptos Kamares Village” and Paphos areanewbridgetoahappylife.

“ ” has achieved Leptos Kamares Village throughout these 40 years prestigious international real estate awards and prides itself on being more than just an exclusive villa development. It is a community, where social life revolves around the events of the Kamares Club. Amongst its facilities, there is a Medical Centre, two Tennis Courts, an elegantly shaped large Swimming Pool within landscaped gardens, a Restaurant with Bar, Reception, Library, a Mini Market and a Function Room as well as a Property ManagementOfficeandTeam.

Imagine 340 days of sunshine, crystal blue seas, long sunny days, the perfect climate, majestic sunsets, picturesque natural surroundings, friendly hospitality and so much more.... Welcome to Paphos, an array of endlessactivitiesandsunshine.....

lifestyle

Paphos European Capital 2017. A spectacular opening ceremony, paid homage to the myth of Pygmalion and Galatea and in the presence of thousands of excited spectators, this magical city steeped in history was transformed into an open air factory and the European capital of culture for the whole year with the participation of local and foreign artists and guestsfromalloverCyprusandtheworld.

To date, impressive Exhibitions, Music, Dance, Projections, Narratives, Light and Sound, Street Shows, Traditional Artistries, Local Wine and Cuisine Fusions, Poetry and Literature connected the past to the future and people from far and wide, and made 2017 a year of cultural celebration. Following an amazing closing ceremony, 2018 promised a continuation of events and activities that highlight and represent this beautifultown.....

CULTURE

Paphos is proud of its cultural heritage and along with numerous events held at different times of the year it has hosted 19 world-famous operas and ballet as part of the “Paphos Aphrodite Festival”. Cultural Festivals andeventsdedicatedtothehistoryofPaphos,oncethecapitalofCyprus, include the “Gerokipia Festival” which celebrates the beauty of the Goddess Aphrodite in the holy gardens, the Carnival, the Flower Festival, CulturalHeritageDays,FoodandWineFestivalsandSportingEvents.

FINEDINING

With an abundance of dining options, Paphos is a gastronomical delight! Try traditional Cypriot cuisine in local Tavernas, with a “Mezze”, a seemingly endless array of small dishes made with delicious local products, just when you think it has ended another dish is brought to the table; enjoy water-side dining and exquisite fresh fish at the numerous restaurants by the sea or try out fusion cuisine at one of the trendy Bistros. The International list is endless with Chinese, Japanese, Indian, Italian, Russian, Lebanese, Organic and even South African restaurants dottedaroundPaphos.

CYPRUSWINE-NECTAROFTHEGODS

Cyprushasbeenavine-growingandwine-producingcountryformillennia and internationally is best known for Commandaria wine. The Paphos Region and the Limassol Region are the two largest wine growing areas in Cyprus to know the wonderful Cyprus wines by wine-tasting and trying the grape based delicacies in the traditional villages, old monasteries or winemuseums.TheCyprusTourismOrganizationorganizesseveralwine

COFFEE

As coffee plays a very substantial role in most people's lives it is of utmost importance that coffee options should be readily available! Local and International coffee outlets are abundant in Paphos; try out Cyprus coffee at a local coffee shop orinternationalcoffeebrandsatoneofthemanyfashionablecafes.

routes where visitors are acquainted with the Island’s enchanting and humble wineriesencounteringamazingsceneryandgracefulvillages.

WEDDINGVENUE

Paphos continues to be at the top of the list for Wedding Venues. With exclusive and unique wedding venue choices, be it by the sea, mountainside, or even on the beach in one of the many locations on offer including the5starLeptosCoralBeachHotel&Resort,TheThalassaHotel,Leptos KamaresClubandmanymore.

SPORTS

Enjoy,Tennis,HorseRiding,Squash,Yoga,Archery,Pilates,Rugby,Football, Table Tennis, Swimming, Tai Chi, Skeet Shooting and abundant water sports.

SHOPPINGDESTINATION

Paphos is quite a 'shopper's paradise' with boutiques and shops, department stores and a modern mall; Discover the colorful Old Town Market and Harbor for traditional handicraſts, lace, pottery, jewelry, products from Cyprus, organic and bio food, health shops and souvenirs. Hitthetownforhigh-endbrandsandhighstreetfashion.

LUXURIOUSYACHTCHARTER

The shores of Cyprus are the idyllic setting for chartering a motor or sailingvessel.ImagineleavingtheprettyfishingportofLatchi,famousfor it'sFishMezeandheadingforthejewelofthewestcoastpeninsular“The BlueLagoon”oneofthemostpicturesquebaysinCyprus. Withtheback drop of the breathtaking Akamas mountain range you will have the opportunity to anchor in the crystal clear waters where you can swim, snorkel,diveorjustrelaxinthesun.

AGROTOURISM

Agrotourism is becoming an ever more popular trend in Cyprus in recent years. “Agro” means rural. Staying or visiting traditional rural or mountainous villages is known in Cyprus as “Agrotourism”. Enjoy the charmofaquietruralenvironmentinoneofPaphos'manyidyllicvillages. Traditionalvillageswithculturalcharmalongscenicroutes,offeringfresh produceandorganicdelicacies.

WINDSURFING

Windsurfing is a popular water sport in Cyprus and the climate makes practice possible throughout the whole year including winter due to mild weather and moderate waves. Wakeboarding is also popular because of the flat summer sea at sunrisetogetherwithKiteSurfingwhenthewindsarestronger.

HOBBIES

Take up a new hobby: Art, Languages, Bridge, Music, Singing or Dance or perhaps introduceyourfriendstoyourownpersonalhobby.

GOLF

PaphosisproudtobetheonlyregioninCypruswithfourtopclassgolfcourseswith par facilities in beautiful surroundings. It is the latest destination on the golfing map,aplacewhereyoucanplaythegameallyearround.

DIVING

With its crystal clear waters and Blue Flag Beaches, Paphos is an ideal place to experienceScubaDiving.

FISHING

ExperiencethethrillofdeepseafishinginPaphos.Grouportailor-madefishingtrips includeTunaFishingandSquidFishing.

EXCURSIONS

Whilsthere,enjoythenumerousexcursionsavailablearoundPaphos.

NIGHTLIFE

Check out the Nightlife in Paphos and award winning nightclubs. Venues include clubsbytheseawithoutstandingmusicandinternationalDJ's.Pubs,WineBarsand Clubsaredottedinandaroundthetown.

Свой бизнес в Пафосе

Провинция Пафос – это идеальное место для тех, ктохочетперенестиилиоткрытьсвоюкомпанию,а также управлять международным бизнесом. Этот район предлагает удобную инфраструктуру и доброжелательную обстановку, которые необходимы для успешного развития любого бизнеса. Здесь также можно найти удобные и современные офисные помещения, хорошо обученный и квалифицированный персонал. В Пафосе открыты филиалы кипрских и международных банков. Предприниматели могут воспользоваться услугами бухгалтерских и аудиторских компаний, в числе которых не только местные, но и крупные международные фирмы. Безопасность региона, многочисленные исторические достопримечательности и центры развлечений для жителей и гостей города, престижные школы и университет с преподаванием на английском языке, а также благоприятная налоговая политика создают идеальные условия для бизнеса и семьи. Ниже приводится краткий перечень типов бизнесструктур на острове, а также основные условия дляоткрытиясвоейкомпаниивПафосе(Кипр).

ТипыпредприятийнаКипре

-Компании,ограниченныеакциями Частные

Публичные

-Компании,ограниченныегарантией

-Европейскиекомпании(SocietasEuropaea)

-Филиалы(действуюткакюридическиелица)

-Партнерства

Слияниеиреорганизация

Общиеположения

- Новая компания может быть образована

путем слияния двух или более действующих компаний

Процедура

-подготовкаплана реструктуризации/слияния

-утверждениесоставленного планаакционерамиидиректорами

-согласиесостороныкредиторовкомпании

-получениесудебногоразрешения

-заполнениеврегистрационномбюро всехнеобходимыхпосудудокументов

ПАНТЕЛИС М.ЛЕПТОС:

ПантелисМ.Лептос–заместительпредседателяГруппы Лептос, являющейся одной из самых крупных и успешныхкомпанийнаКипреивГреции,ипредседатель Кипрской ассоциации застройщиков с 2012 года –выбран в новый совет директоров Кипрского агентства попродвижениюинвестиций(CIPA).

Г-н Лептос получил диплом бакалавра по специальности «гражданское строительство» и диплом магистра по специальности «международные финансы, торговляигрузоперевозки».

Пантелис М. Лептос также является заместителем президента и членом совета директоров публичной компании «Leptos Calypso Hotels Ltd». В прошлом он занимал пост президента Ассоциации владельцев отелей в Пафосе и FIABCI Cyprus. Г-н Лептос является почетнымконсуломЯмайкинаКипре

Примечание: налоговая инспекция Кипра имеет право проверить налоговую документацию компаний до начала процедурыслияния

Редомицилирование

28июля2006годавЗаконорегулировании предпринимательской деятельности (ст.113) была внесена поправка, согласно которой:

-НаКипреразрешеноредомицилирование иностранныхкомпаний

-Кипрскиекомпанииимеютправо наредомицилированиезарубежом

новый директор CIPA

Leptos Group

office locator

PAPHOS - CYPRUS

HEADQUARTERS

The Leptos House

111, Apostolos Pavlos Ave, CY-8046, P.O. Box 60146, CY-8129

Paphos, Cyprus

T: (+357) 26880100

E: info@LeptosEstates.com

URL: www.LeptosEstates.com

LONDON - UK

Leptos UK Ltd.

1, Berkeley Street

Mayfair, London, W1J 8DJ, UK

T: (+44) 208 883 2333

F: (+44) 208 883 6464

E: info@LeptosUk.com

URL: www.LeptosEstates.com

SHANGHAI - CHINA

Room 1210, Chong Hing Finance Center, 288 Nanjing Road West, Huangpu District, 200003 Shanghai

T:

(+86) 21 6133 7880

T: (+86) 21 6133 7889

E: info@LeptosEstates.com

URL: www.LeptosEstates.cn

GUANGZHOU - CHINA

A01, 34th Floor, No. 32 Pearl River East Road, Tianhe District, 510623, Guangzhou

T: (+86) 20 2202 8665

T: (+86) 20 2202 8667

E: info@LeptosEstates.com

URL: www.LeptosEstates.cn

MOSCOW - RUSSIA

Moscow City - Empire Tower 6, Presnenskaya Naberezhnaya Building 2, Floor 44, Office 4413 Moscow - 123317, Russia

T: (+7) 4959741453/54

E: sales@Leptos-Estates.ru

URL: www.Leptos-Estates.ru

DUBAI - UAE

Emirates Financial Towers

DIFC - North Tower - No. 319

P.O. Box 506910, Dubai - UAE

T: (+971) 4 3528191

F: (+971) 4 3528881

E: info@LeptosEstates.ae

URL: www.LeptosEstates.ae

UKRAINE- KIEV

44, Shota Rustaveli street, office 6, 01033 Kiev, Ukraine

T: (+38) 063 609 69 86

E: sales@LeptosEstates.com.ua

URL: www.LeptosEstates.ru

AMMAN - JORDAN

Mecca street, Al Husseini towers, building No 164, 4th floor, office #403, Amman, Jordan.

M: (+962) 79 816 5299

E: info@LeptosEstates.com

URL: www.LeptosEstates.com

BEIJING - CHINA

907, Block C, Vantone Center, Jia No.6, Chaoyangmenwai Street Chaoyang District, Beijing

T: (+86) 10 5907 3099

F: (+86) 19 85731449

E: info@LeptosEstates.com

URL: www.LeptosEstates.cn

NICOSIA - CYPRUS

9, Dhemetsanis str.

CY-1070 Nicosia

P.O. Box 24862, CY-1304

Nicosia, Cyprus

T: (+357) 22458745

E: Leptosnc@LeptosEstates.com

URL: www.LeptosEstates.com

LIMASSOL - CYPRUS

104, Amathountos Avenue, Shop 5, 4532 Agios Tychonas

Limassol, Cyprus

T: (+357) 25873233

F: (+357) 25312031

E: info@LeptosEstates.com

URL: www.LeptosEstates.com

ATHENS - GREECE

37, Achaias str. 115 23 Ambelokipi

Athens, Greece

T: (+30) 210 6083800

F: (+30) 210 6083849

E: infoathens@LeptosEstates.gr

URL: www.LeptosGreece.com

CAIRO - EGYPT

Office – Suite Intercontinental Cairo Semiramis El, Nile Corniche, Cairo Governorate 11511

T: (+20) 1144482362

E: info@LeptosEstates.com

URL: www.LeptosEstates.com

CHANIA - GREECE

Panorama Hotel

Kato Galatas, 73 100

Chania, Crete, Greece

T: (+30) 2821020830

F: (+30) 2821033647

E: infochania@LeptosEstates.gr

URL: www.LeptosGreece.com

PAROS - GREECE

Ekatondapiliani 84 400 Paroikia

Paros, Greece

T: (+30) 2284028503

F: (+30) 2284028504

E: infoparos@LeptosEstates.gr

URL: www.LeptosGreece.com