Leptos Estates
 | |
| Industry | Property development |
|---|---|
| Founded | 1960 |
| Headquarters | Cyprus |
Area served | Cyprus, Greece, Middle East |
| Website | www |
Leptos Estates is a property development group in Cyprus. Its operations began in 1960 and over the years it expanded its reach in 75 countries by successfully completing over 325 different home developments and 25,000 home owners.[1] Its latest developments include Limassol Del Mar, Adonis beach villas and Coral seas villas.
History
In the early 1960s Michael Leptos, was starting the property development business in Kyrenia, Cyprus. Following the 1974 events in Cyprus, the Group’s activities were relocated to the Middle East and the Persian Gulf with an emphasis on constructing major residential developments. An example of these was the Saudia City project in Jeddah, comprising 4,000 homes.[2]
Leptos expanded in the 1980s by purchasing a large area of land from the Bishop of Paphos. Subsequent developments in the area included the Kamares Village and Olympus Village projects.[3] By 2005, Leptos had become the largest property developer on Cyprus.[4]
The group later continued its activities in the region of Paphos. The company opened hotels, developed houses and operated other businesses in the region. It later own continued its activities in Greece, specifically in the islands of Paros, Santorini and Crete.[2]
In 2009 Michael Leptos received an award by the President of Cyprus Dimitris Christofias at the Cyprus Chamber of Commerce for his contribution as a company to the progress of the Cyprus economy. [5]In 2010 Leptos Estates received the gold Homes Overseas Russian Award for best project in Greece, the Aphrodite.[6]
Developments
Michael Leptos, the founder of the company, opened the five-star hotel of Coral Bay, situated in the Coral Bay, Cyprus. It then also opened one more hotel in the same area, the Thalassa Boutique Hotel & Spa. The group has now a number of hotels and resorts both in Cyprus and Greece which operate under the Leptos Calypso Hotels Public Ltd.[2]
Among the latest developments are the seafront residences at Limassol Del Mar. The architecture of the project was provided by Benoy.[1]
Awards
This is a list of some of the Awards of Leptos Estates:
| Year | Award | Description |
|---|---|---|
| 2017 | Overall Contribution to Entrepreneurship | Business leader of Leptos Estates, Michalakis G. Leptos. The purpose of the award is to reward Cypriot business excellence by recognising the achievements of Cypriot entrepreneurs. [7] |
| 2016 | Cyprus Export Award | Cyprus Export Award is for exceptional effort for the growth of exports of Cyprus industrial, agricultural products and services. The award was presented by Mr. Nikos Anastasiades for the Armonia Estates LTD, a member of the Leptos Group.[8] |
| 2012 | Cyprus Export Award | Cyprus Export Award is to recognize and reward exceptional effort to increase exports, industrial and agricultural products and services.[9] |
| 2011 | First winner in Cyprus in the residential category (low-rise) at the Global FIABCI Prix d' Excellence Awards | FIABCI is the French acronym for the International Real Estates Federation which represents the world's real estate professions. This unique award is given to the real estate projects that embody excellence in all disciplines involved in their creation. [2] |
| 2010 | Best Property Agents | The award was given by Bellevue Magazine in Germany. The company was chosen having achieved recognition in the following criteria, professionalism, market knowledge, experience, choice of property and quality of service. |
| 2008 | International Homes Awards | Nomination Best Development in Cyprus for 'Leptos Limnaria Gardens' and for 'Leptos Aphrodite' in Greece. |
| 2008 | Leading Cyprus Developer | In 2008 Leptos Estates again took the Leading Cyprus Developer award by International Homes Magazine. |
| 2007 | Best Cypriot Development | Paradise Gardens IV received a 4* award from International Homes CNBC. [10] |
| 2007 | Best Property Agent | Leptos Estates won the top award from Bellevue for Best Property Agent. |
| 2006 | The Best Cypriot House/Villa award | Kamares Village received recognition by Homes Overseas Awards with The Best Cypriot House/Villa award. |
| 2003/2004 | The Leading Cypriot Developer | For two consecutive years, Leptos Estates was voted The Leading Cypriot Developer at the esteemed Homes International Magazine 2003/2004. |
| 2003 | Best Cypriot Development | Olympus Village took the Five Star Award winning the top prize of Best Cypriot Development in the prestigious Bentley International Property Awards. |
| 1994 | Prix d'Excellence by the International Real Estate Federation (FIABCI) | Kamares Village, achieved international recognition when it was awarded as one of the top five residential projects in the world. |
References
- ^ a b "Leading Property Developer in Cyprus - Leptos Estates". realestatestructured.com. 27 February 2019. Retrieved 28 February 2019.
- ^ a b c d "Leptos Group History - Leptos Estates". www.leptosestates.com. Retrieved 28 February 2019.
- ^ Moye, Catherine (September 24, 2003). "A slice of Cyprus". The Daily Telegraph.
- ^ Keay, Justin (February 4, 2005). "Cyprus gets a face-lift". The New York Times.
- ^ http://www.financialmirror.com/News/Cyprus_and_World_News/14024[permanent dead link]
- ^ "Archived copy". Archived from the original on 2012-08-02. Retrieved 2011-03-06.
{{cite web}}: Unknown parameter|deadurl=ignored (|url-status=suggested) (help)CS1 maint: archived copy as title (link) - ^ "Overall Contribution to Entrepreneurship at the Business Leader Awards".
- ^ "Leptos awarded Cyprus Exports Award".
- ^ "Cyprus Export Award".
- ^ "Best Cypriot Development".