Indian Investors Setting their Sights on Luxury Villas in Cyprus
National, 21 February 2024: The allure of luxurious living on the picturesque island of Cyprus has captivated the attention of Indian investors, showing a keen interest in upscale properties provided by Leptos Estates, the leading property developer in the region.
A recent report from the Cyprus Statistical Service indicates a surge in Indian investors choosing Cyprus as their preferred destination for acquiring luxury villas, with a notable focus on the exquisite Luxury Villas. Situated against the breathtaking backdrop of the Mediterranean Sea, these Luxury Villas redefine the meaning of luxury living. Each villa is meticulously crafted to meet the highest standards, ensuring an unparalleled living experience. The residences boast private swimming pools, beautifully landscaped gardens, and inviting BBQ areas, creating perfect settings for open-air dining. The expansive verandas and abundant outdoor spaces provide ideal spots for both relaxation and entertainment.
Pantelis Leptos, Co-President of Leptos Group of Companies, expressed his excitement regarding the burgeoning interest from Indian investors. He stated, “We are delighted to witness the increasing interest of Indian investors in our luxury villas in Cyprus. These Villas embody the epitome of sophistication and elegance, offering a unique lifestyle that harmoniously combines natural beauty with modern amenities.”
Investing in Leptos Estates offers robust appreciation rates and a thriving rental market, coupled with stunning aesthetics, prime locations, and unmatched amenities. The recent reforms in Cyprus, including abolishing the Golden Visa and refining the Permanent Residency Programme, add further appeal, providing a streamlined pathway for non-European Union nationals to secure an Immigration Permit through a property investment starting from €300,000. This, combined with Leptos Estates’ luxurious offerings, makes Cyprus an attractive destination for investors seeking a sophisticated lifestyle and sound investment opportunities.
The strategic location of these luxury villas provides residents with easy access to various nearby facilities, including five-star hotels, schools, shopping centers, archaeological sites, and points of interest. Additionally, the acclaimed sandy beaches of Coral Bay, marked with the prestigious blue flag, are just a short distance away, offering a beautiful retreat for residents to enjoy.
Leptos Estates has established itself as a pioneer in the Cyprus real estate market, consistently delivering exceptional properties that meet the highest standards of quality and craftsmanship. The Luxury Villas represent just a fraction of the diverse and opulent portfolio offered by the company.