10 of the Top Real Estate Development Projects in

CyprusEhsan Bayat

10 of the Top Real Estate Development Projects in Cyprus• The home of Mount Olympus, Cyprus is an island nation in the Middle East located south of

Turkey and west of Syria. The country appeals to tourists and expatriates due to its rich variety of waterfront hospitality and real estate. Throughout the years, Cyprus has evolved with influences from the Turkish and Greek cultures. These characteristics are evident in many of the local property developments, such as those built by Leptos Estates.

• Possessing a leading position in the Cypriot real estate and land development sectors, Leptos Estates has operated under the subsidiary Leptos Group for more than 50 years. In an effort to accommodate the high demand for residential and holiday homes, as well as luxury hotels, spas, and resorts, the Leptos Group has constructed a diverse range of properties.

• Environmentalism has been a key consideration in all of the projects undertaken at Leptos, where lush landscapes and the Mediterranean countryside surround much of the land. The firm has endeavored to find a balance between preserving the land and creating real estate opportunities for consumers interested in visiting or buying property in Cyprus. Here are several examples of properties in the portfolio:

Kamares Village

• The concept for Kamares Village, which was formulated with luxurious outdoor living and the developing country club environment in mind, presents investors with real estate options such as two-story homes and customized bungalows. Designers of the award-winning residential properties have infused a blend of stone and wood to best capture the style of the region. Once completed, Kamares Village will include more than 1,000 holiday residences.

Image courtesy Archway Andres | Flickr

Limassol Del Mar

• A curvilinear design sets the Limassol Del Mar apartment complex apart from others in the region. The high-rise structure spans roughly 170 meters along the shore of the Mediterranean Sea. Residents benefit from favorable access and a wide variety of shopping and entertainment options. Each room features the highest quality in smart building technology, and residents will find security in the gated access of Limassol Del Mar.

Sea Caves Villas

• Another seafront property option, the Sea Caves Villas are located near the Akamas Peninsula and Coral Bay. The Sea Caves area adds immense value to local real estate, and the homes built by the Leptos Group include a wide range of amenities, such as private swimming pools and landscaped gardens. Villa residents enjoy close proximity to the beaches, which rank among the best in Cyprus.Image courtesy Ronald Saunders |

Flickr

Adonis Beach Villas

• Found in Paphos on the southwestern coast of Cyprus, the Adonis Beach Villas overlook the Mediterranean Sea. The Leptos Group calls the development its most luxurious, and each villa serves as either a permanent home or holiday home for buyers. Residents can watch yachts and sailboats pass from the comfort of their own homes, and several cultural attractions and shopping centers are located within a short distance.

Aphrodite Gardens

• Also located in Paphos, Aphrodite Gardens is a gated residential resort with housing options that range from one-bedroom apartments to penthouses. Much of the value of this development centers on its close location to the Neapolis Smart Eco Project, a significant infrastructure venture that the Leptos Group is currently pursuing. Aphrodite Gardens features 200 properties surrounded by public parks and swimming pools.

Neapolis Smart Eco City

• The Neapolis Smart EcoCity is the premier project of its kind in Cyprus, offering a health care park, private university, and research center. In addition, the development will include a commercial park, museums, and dining venues. Altogether, the project will cover roughly 1.3 million square meters, more than 70 percent of which will include specially designated green areas. The university is already open for enrollment. Image courtesy Lefteris Katsouromallis | Flickr

Iasonas Seafront Villas

• Located at Coral Bay near the Sea Cave Villas, the Iasonas Seafront Villas are among the very few properties in the area. This exclusive selection of real estate offers proximity to the Coral Beach Hotel and downtown Paphos while maintaining the appeal of freehold villas along the coastline.

Kings Gardens

• The Kings Gardens development’s neighbor, Tombs of the Kings, is a renowned archeological site in Cyprus. Developers at the Leptos Group modeled this community after the successful design of the Paphos Gardens. Several blocks of residential properties, which are situated on the hillside, create a unique view of the sea. The villas feature multi-bedroom and multi-story options, and each property includes private garden and patio space.

Limnaria Complex

• A five-phase project in Paphos, the Limnaria Complex is quickly nearing completion. The first four phases have been sold to buyers, and the remaining residential real estate will soon be released for purchase. Limnaria offers residents a comprehensive list of amenities, ranging from high-quality restaurants to private tennis courts.

Olympus Villas

• The luxury properties at Olympus Villas offer a humidity-free environment for residents. The homes feature a panoramic view of the region from atop the city of Paphos in the mountains by the village of Tsada. Three- and four-bedroom bungalows account for the majority of the houses, and a variety of villas complement the project.