Leptos Monthly Newsletter – August 2018

Dear Friends, distinguished Clients and valuable Associates
A very warm welcome to all our readers for the 8ᵗ_ edition of our monthly Leptos Group Newsletter for 2018. In this updated edition you can find important information from various fields of our new property developments and other activities both in beautiful Cyprus and in Amazing Greece, as well as about Paphos the new multicultural and cosmopolitan city in the Eastern Mediterranean which offers to all property buyers and investors a very welcoming environment and the suitable infrastructure in which a modern business can operate.

Neapolis University Pafos, Scholarships for Children of Families Which Fell Victim to Fires in Greece 
Neapolis University in Cyprus, its University Council, academic community, administrative staff and students express both their deepest sorrow and sincere condolences over the tragic loss and suffering endured by the victims and their families in the recent devastating fires which befell the Municipalities of Rafina-Pikermiou and Marathon.

Polis Chrysochous – An excellent destination for beachfront Properties 
The trip along the Paphos coast, continues to the north side, over the quaint little villages of Akamas and the beautiful vineyards, reaching the picturesque area of Polis Chrysochous renowned for its abundant natural beauty, known as one of the most beautiful and romantic areas in Cyprus because of Goddess Aphrodite.
Limassol Del Mar: 2nd official timelapse video The construction works progress run 
In less than 3 months after the first timelapse video taken from the heart of the construction site of the fully licensed project, Limassol Del Mar, a new video is released showing how coordinated efforts and meticulous performance can lead to fast results for the Cypriot development industry.

“Leptos Santorini Villas” – The jewel of the Aegean Sea 
“Leptos Santorini Villas” is situated on the east coast , only few meters from the best sandy beach of the island, the Monolithos- Kamari beach, and within easy reach of Santorini Caldera undoubtedly one of the natural wonders on our planet .
Paphos maintains its position as the most popular district for overseas buyers 
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% and lastly Famagusta with 10.5 % and Nicosia with just 5.5%.
New comprehensive website to promote Paphos district 
The Paphos regional board of tourism has launched a new comprehensive website as part of a wider campaign utilising technology and upgraded literature to help to promote the entire district.
Moody’s Upgrades Cyprus’ Ratings To Ba2 From Ba3 
Moody`s Investors Service upgraded the government of Cyprus’ long-term issuer rating to Ba2 from Ba3, as reported by audit, tax and advisory specialist Costas Tsielepis & Co.

Cyprus GDP growth rate is positive and estimated at +3.9% 
GDP growth rate during the second quarter of 2018 is positive and estimated at 3.9%. According to the Flash Estimate compiled by the Statistical Service, the GDP growth rate in real terms during the second quarter of 2018 is positive and is estimated at +3.9% over the corresponding quarter of 2017.