Monthly Newsletter – February 2020


Dear Friends, distinguished Clients and valuable Associates,

A very warm welcome to all our readers to the 2nd Edition of our monthly Leptos Group Newsletter for 2020.  Featured in this edition, you will find important and useful information from various fields of our new property developments, including activities both in beautiful Cyprus and amazing Greece, as well as information about Paphos, Limassol and Chania, the new multi-cultural and cosmopolitan cities in the Mediterranean.

Paphos Maintains its Position as the Most Popular Spot for Overseas Buyers and Investors in 2020 
Paphos is in the lead for January 2020, as the most popular region for overseas buyers and investors for Europeans and Non-Europeans by 34.8% in comparison to Limassol which follows with 25.2%. Larnaca is 3rd with 24.8% followed by Famagusta with 12.3 % and lastly Nicosia with just 5.9%.

“LEPTOS PROPERTY GAZETTE” Celebrates 25 Years 
The Leptos Group, which is at the forefront of Real Estate since 1960, proudly celebrates 25 continuous years of publication of its Property Gazette (in English and Russian) with 60,000 copies published per year and more than 1.5 million to date. At the same time, the issue of the Chinese Property Gazette continues its successful publication for the last 3 years.

“Anyone can save lives” was the new slogan adopted by Leptos Estates for their 16th Annual Blood Donation which was organized by the management and employees of the company in collaboration with the Paphos Coordinating Committee of Blood Donation (SEAD) and supported by the medical team of the Paphos IASIS Hospital.

LEPTOS ESTATES: The Pioneer in the Creation of Holiday Homes in Cyprus and Greece 
The Leptos Group with a leading presence in the Real Estate sector both in Cyprus and Greece since 1960, has an extensive property portfolio of high quality and aesthetically designed projects which stand out, particularly holiday homes.In Cyprus, locals as well as foreign buyers choose mainly coastal dwellings, with more emphasis on the Paphos and Limassol provinces,

Leptos Estates: New Sales Office at the Coral Beach Hotel & Resort 
Leptos Estates has recently opened a newly renovated Information and Sales Office at the 5-star Coral Beach Hotel & Resort in Paphos. The new office is located in the lobby area, just across the Hotel’s Reception and Guest Relations Office. The opening of the new office seals the company’s great success in the area including its Coral Bay projects, and paves the way for their new developments.

Neapolis University Pafos takes on the presidency of the Cyprus Rectors’ Conference 
The Rector of NEAPOLIS UNIVERSITY PAFOS Professor Pantelis Sklias was appointed President of the Cyprus Rectors’ Conference for the next two years during the 27th General Assembly, on Monday 24th February 2020. On the occasion of assuming his new duties, Professor Pantelis Sklias stated that “it is a special honour for me personally the assumption of the..

More scheduled flights to Paphos International Airport for summer 2020. 
Paphos International Airport (PFO), located just 6 km from the city of Paphos and adjacent to the coast, provides access to popular Sea Resorts in areas such as Kato Paphos, Coral Bay, Latchi, Pissouri, Limassol and the Mountain Resorts of Platres and Troodos.With the new terminal and its modern facilities, amenities and services, the nearly completed, new four lane road linking the airport and Paphos’ tourist area, as well as the direct bus service from all the towns,

Cooperation Agreement Between Neapolis University and Geroskipou Muncipality 
Neapolis University in Cyprus, committed in its willingness to contribute to the development of the local community, and the Municipality of Geroskipou, the second largest municipality of the Pafos District with its long historical, cultural, social and folklore tradition, formalized their cooperation through the signing of a Cooperation Agreement,

Cyprus GDP Set To Grow Over The Next Two-Year-Period According To Commission Forecast 
The economy in Cyprus will grow by 3.2% in 2019, 2.8% in 2020 and 2.5% in 2021, according the European Commission`s Winter Economic Forecast, published today in Brussels, and presented by Commissioner Paolo Gentiloni. Inflation will be 0.8% in 2020 and 1.2% in 2021 and "downside risks are primarily external notably a potential slowdown in foreign demand for residences and tourism services," the CNA reported.

CYPRUS - One of 10 of the Sunniest Places to Visit in March 
As per Conde Nast Traveller, Cyprus is among the 10 Sunniest Places to visit in March with an average temperature of 19* C, a good 8 hours of sunshine a day and one of Europe’s most reliable winter holiday spots. Australia, Cuba, Myanmar and others were also included in the list but Cyprus is arguably the closest and most accessible from numerous countries such as the UK, Europe and Russia and many more.