LEPTOS Monthly Newsletter July 2021

MONTHLY

SINCE 1960

Leptos Group

NEWSLETTER LEPTOS GROUP OF COMPANIES

JULY 2021

Leptos Group wins “Best Land Development/ Construction” award at IN Business Awards Dear Friends, Clients and Associates, Welcome to the July issue of our monthly newsle er, issued on behalf of the Leptos Group of Companies. Featured in this edi on, you will find news and informa on on our Group’s ac vi es, including relevant news on Cyprus and Greece. The Leptos Group received first prize in the category “Best Land Development / Construc on” at the 13th annual IN Business Awards ceremony, which took place at the Hilton Park Hotel in Nicosia.

The gli ering event, which was a ended by the President of the Republic of Cyprus, Mr. Nicos Anastasiades, ministers and prominent personali es, is considered the most pres gious awards ceremony in Cyprus. The IN-Business Awards recognise excellence in companies and entrepreneurs across a broad spectrum of local businesses and prac ces.

Receiving the award for the Leptos Group was George and Pantelis Leptos, Co-Presidents of the Leptos Group of companies. “This award reflects the meless commitment to quality, and the effort of con nuous development,” said George Leptos. “It gives us addi onal strength to con nue the legacy of the Group, established by our late father, Michael Leptos, since 1960; a journey of development and extroversion that promotes the modern image of Cyprus across 70 countries.”

In his acceptance speech, Pantelis Leptos paid tribute to the employees of the Leptos Group. “ This award is a ributed to the 1,200 employees within the Group. The same people who, on a daily basis, give their utmost best to meet the challenges within our sector, and the requirements of our customers. Every employee has their name engraved on this award.”

The Leptos Group has been at the forefront for real estate and property development in Cyprus and Greece for over 60 years. Their enviable

INSIDE THIS ISSUE

reputa on is largely due to the excep onal service offered to their clients, as well as the quality in their proper es over the last 60 years.

The Group’s key objec ve is to deliver superior designs, and unrivalled products in the very best loca ons.

The Leptos property por olio features an extensive land bank, which includes major mixed-use developments, large-scale private residen al projects, bespoke villas, hotels and resorts, accredited university, and a state-ofthe-art private hospital. The Leptos Group has also been at the forefront for developing environmentally sensi ve projects, u lising intelligent urban planning and sustainable strategies based on new and innova ve technologies.

The Group boasts an interna onal presence of sixteen representa ve offices in influen al

global ci es, and an extensive network of business associates in over 75 countries.

CLASS ‘A’ GOLD ENVIRONMENTAL

AWARD

Leptos Estates DEVELOPING PROJECTS WITH SENSITIVITY TO THE ENVIRONMENT

ARMONIA BEACH VILLAS : HIGH-END LIVING ON THE SHORES OF THE MEDITERRANEAN

NEAPOLIS UNIVERSITY 100% SUCCESS RATE OF GRADUATES OF THE LAW SCHOOL

PHASE ONE OF THE ICONIC LIMASSOL DEL MAR COMPLETED

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LEPTOS GROUP NEWS

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Repeated full (100%) success of graduates of the NUP Law School

Once again, absolute success was achieved by all the graduates of the Law School of NEAPOLIS Pafos University, who a ended the recent examina ons (Results of July and March 2021) of the Legal Council of Cyprus for registra on in the register of lawyers prac cing in the Republic.

The University of NEAPOLIS Pafos and the Law School congratulate the lecturers in the field of Cyprus Law for the high level of the educa on, knowledge and prac cal skills (monitoring true trials and prac cal elabora on of legal and judicial issues, etc) offered to the students and wish to the successful graduates warm congratula ons and good luck in their careers.

It is noted that the degree of the Law School of NEAPOLIS University is fully recognized by KISATS and as a result of its acquisi on, the University students register as prac cing lawyers (register for Trainees lawyers of the Republic) directly, without any other examina ons.

International fashion model, Nadine Leopold, visits Cyprus and Kamares Village

Interna onal fashion model, Nadine Leopold, visited Cyprus recently, and Leptos Estates – Cyprus’ leading property developer, hosted the model and her produc on team for a Vogue photo shoot at one of its exclusive 5-bed villas near Kamares Club, with a stunning view of the Coral Bay area. Located within the award winning Kamares Village development in Tala, Pafos.

Armonia Beach Villas High-end living on the shores of the Mediterranean

Situated on one of the most breathtaking shorelines in the world, Leptos Armonia Beach Villas offer sand, sea and luxury living in abundance. These incredible, limited edi on contemporary proper es feature clean and elegant designs, spacious and func onal living areas with a keen focus on outdoor living. From private swimming pools and BBQ areas suitable for al fresco dining, to lush, landscaped gardens, Leptos Armonia Beach Villas allows its residents to immerse themselves in the beauty of their natural surroundings, complemented by the unparalleled views of the Mediterranean.

Located in the cosmopolitan resort town of Pafos, a preferred holiday

and second home des na on for many foreign na onals, Leptos Armonia Beach Villas lies adjacent to a plethora of ameni es, services, places of interest and archaeological sites, including the renowned blue flag-awarded sandy beaches of Coral Bay. These ultra-modern villas embody the ul mate in Mediterranean living on the beau ful island of Cyprus. For over 60 years, Leptos Estates seeks out the finest loca ons to develop award-winning projects, working closely with its team to ensure the end result is always beyond expecta on. To find out more about Leptos Armonia Beach Villas, visit the onsite sales office in Pafos, or view the project on www.leptosestates.com

LEPTOS ESTATES NEWS

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Greece Lightening The outlook for Greece's property market looks buoyant following the government's start of two new programmes to a ract European pensioners and non-domes c residents to support the wider economy.

Greek agents forecast a strong Q4, this year, as travel begins to reopen globally with a surge in enquiries from overseas buyers. Pantelis Leptos, Co-President of Leptos Group of Companies says, “The latest government ini a ves can poten ally spark a new age of investment in Greece. The success of the Golden Visa Programme has demonstrated there's a real appe te for Greek property, drawing approximately 10,000 investors to date, and the new residency programmes will complement the exis ng offering.”

Venus Gardens Resort “Where life meets lifestyle”

Greece Permanent Residency Apply Remotely and enjoy the benefits.

For those seeking an unrivalled lifestyle, Venus Gardens Resort has it all. Posi oned on an elevated hillside loca on, offering panoramic views of the sparkling shoreline and the stunning natural beauty of Pafos, your new lifestyle in Cyprus awaits in an established, gated, and highly coveted real estate development with excellent on-site facili es that include restaurant, bar, health club with gym, sauna, steam bath, massage and beauty salon, infinity swimming pool overlooking the Mediterranean, recep on, tennis court, children’s playground, natural walkways and paths, and ample parking.

Architecturally designed by Leptos Estates, to blend in seamlessly with its surroundings, Venus Gardens Resort creates a strong connec on with people and place alike. Offering a diverse range of proper es, ideal for holiday homes, permanent residency or buyto-let, Venus Gardens Resort presents a true lifestyle des na on in a cosmopolitan loca on, with a myriad of coastal-luxe cafes, dining establishments, private schools, blue flag-awarded beaches, archaeological sites and places of interest, all on your doorstep.

LIMASSOL NEWS

PAFOS NEWS

Phase 1 of the iconic Limassol Del Mar completed

British survey says Paphos one of the cheapest holiday destinations in Europe

The iconic Limassol Del Mar, the €400 mln landmark development in the coastal town, has completed the first phase, with work on Phase II expected to be finalised soon.

The mixed-use project, a collabora on between developers Leptos Group and D. Zavos Group, offers unobstructed views of the sea from all apartments. The 27-storey project consists of luxury residences, 5-star facili es and services, and luxurious shops and restaurants.

Despite the Covid pandemic pushing back delivery schedules by almost two years, the company said, “construc on work has con nued over the last few months despite the restric ons bought on by the pandemic, with over 85% of residences now sold and many homes ready to move into.”

A series of six penthouse residences, furnished by Gianfranco Ferré Home, feature three to six bedrooms, terraces with dual aspect panoramas, gardens, and pools. Other units also furnished by Gianfranco Ferré Home are known as The Signature Collec on, and ARA Design Interna onal used the sea as its inspira on, crea ng awe-inspiring interiors for the lobby area, residents’ restaurant, spa, gym, indoor and outdoor swimming pool spaces.

The surrounding Plaza Del Mar will be a vibrant shopping des na on for Limassol providing luxury bou que outlets on the ground floor, elevated pocket gardens, and a selec on of high-end restaurants and bars.

Pantelis Leptos, Joint Director of Limassol Del Mar, said there is high demand for ready premium property along Limassol’s beachfront.

Paphos is the seventh cheapest holiday des na on in Europe for Bri sh travellers, according to the latest Bri sh Post Office Travel Money survey. The survey covered 16 des na ons in Europe, 13 in the Americas and Caribbean and 17 in the rest of the world.

Overall, Paphos came in the 11th cheapest des na on among the 46 with a total cost of £66.74 for a basket of eight tourist items comprising dinner for two with a bo le of wine, a range of so and alcoholic drinks, sun cream and insect repellent.

Coronavirus has dealt a huge blow to the world travel industry, and like many tourism-reliant economies, Cyprus’ tourism sector is struggling to cope with a significantly lower number of foreign visitors that account for most of its business.

The UK is tradi onally Cyprus’ biggest tourism market, but numbers are down amid travel restric ons in place un l recently in the UK, compounded by a surge in cases here, though there are hopes of increased arrivals in autumn.

For the fourth year running, Post Office Travel Money research found that holidaymakers can expect to pay less for meals, drinks and other tourist staples in many of the world’s most popular resorts and ci es.

The 15th annual Worldwide Holiday Costs Barometer found that prices have fallen in over three-quarters of the des na ons surveyed. The breakdown for Cyprus’ total of £66.74 was: dinner with wine £47.72, water £0.24, coffee £2.43, so drink and beer £2.21 each, wine £2.92, insect repellent £3.37 and sun cream £5.65.

The Post Office Worldwide Holiday Costs Barometer was compiled with the help of na onal and regional tourist boards, and specialist tour operators. A poll of more than 2,000 UK adults indicated that 44 per cent of families planning to travel abroad this year will budget more to allow for rising resort costs and coronavirus tests. The tests required to enable tourists to enter their des na on and return to the UK can add several hundred pounds per person to holiday bills. “A er such a long wait, it is understandable that families want to head to European beach resorts for some summer sun,” head of Post Office Travel Money Nick Boden said. “However, the big varia ons we found between costs in European resorts means it will pay dividends to do some homework before leaving home to get a realis c view of the holiday cash needed in the resorts they are considering.”

FOR MORE INFORMATION ON OUR PROPERTY PRICES, TERMS AND INSPECTION TRIPS

www.leptosestates.com )

* info@leptosestates.com

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