Facebook Linked In Twitter
Invest Cyprus 30/04-30/03/2019

Syllouris Pays an Official Visit to Hungary

Anastasiades and Tsipras Discuss Bilateral Cooperation and Developments on Cyprus Issue



brought to you by Deloitte

Limassol Del Mar: Foundation Stone Unveiled

Limassol Del Mar: Foundation Stone Unveiled

On October 6, the foundation stone of Limassol Del Mar, a landmark development in Limassol, was unveiled in the presence of the President of the Republic of Cyprus and other prominent international and local personalities. The event’s schedule began with a blessing from the Bishop of Amathus, Nicholas.

Following the blessing, Michalis D. Zavos, Chief Executive Officer of the D. Zavos Group and Director of the Cypeir Properties Ltd Consortium, referred to the importance of the government’s and all political parties’ contribution to the project, by bolstering and repairing the Cypriot economy , by making accurate and immediate decisions. Zavos did not neglect to thank the guests and the members of the authorities for their attendance and support. In conclusion, he highlighted the importance of joint venture projects for the promotion and expansion of both Limassol and the country, in general.

In turn, Pantelis Leptos, Deputy Chairman of the Leptos Group of Companies and Director of Cypeir Properties Ltd, noted that the whole project is a purely Cypriot private initiative and stressed that the close collaboration of the two groups highlights that a small country is capable of delivering large-scale projects. At the same time, Leptos emphasized that the project increased potential for large investment from overseas , whilst  emphasizing that the sales of Phase I are now almost 100% sold.

The speeches of the event were concluded with the greeting of the President of the Republic of Cyprus, Nicos Anastasiades, who expressed his satisfaction on the fact that the Limassol Del Mar project provides a refreshing addition to the Cypriot economy and at the same time promotes the island abroad while attracting significant investment and quality tourism.

Subsequently, the foundation stone was revealed by the President of the Republic of Cyprus in the presence of  the Messrs. Michalakis Leptos, Dimitrakis Zavos, Pantelis Leptos, Michalis Zavos and Giorgos Leptos, who are the members of the leading team of the Leptos and Zavos Group Consortium.

The event was completed with a spectacular show, which included 4D screenings on a 240m²-screen, which was specially constructed for the evening. The unique atmosphere of the event flawlessly shaped the image of Limassol Del Mar as envisioned by its creator, John Dawes, who combined the sea waves with the peaks of Troodos.

Eleftheria Voskaridou, Marketing Director of Limassol Del Mar, expressed her delight on behalf of the whole group, who have worked hard during these past months to make this event a reality. Special thanks were given to the Cypriot composer Kostas Kakoyiannis, who created the musical arrangement of the presentation, which included originally-composed music specifically dedicated to Limassol Del Mar, as well as to the musician Rodos Panagiotou.

Limassol Del Mar is an internationally-acclaimed mixed use project, located in one of the most coveted coastal areas of Limassol, with unobstructed views of the sea from all apartments. The project consists of luxury residences, 5-star facilities and services as well as luxurious shops and restaurants. Limassol Del Mar is the product of the consortium of the Leptos and D. Zavos groups. 


Paphos Maintains Its Position as The Most Popular Spot to Overseas Buyers and Investors

Paphos is in the lead as the most popular district for overseas buyers from Europe ...

Residential Properties in Cyprus Continue Upward Trend

Residential Properties Index in Cyprus rose by a quarterly 0.6% in the first quarter of ...

The Absolute Blue of the Leptos Group in Greece

In a nutshell Leptos Group has today six new Seafront developments to display all ...



Meet the experts at the 2nd Cyprus HealthCare Conference Gala Dinner

The 2nd Cyprus HealthCare Conference Gala Dinner which will take place on 27 September 2018 at the European University Cyprus will combine entertainment ...

Global Fintech Investment Roars Ahead at a Record Pace in First Half of 2018

Global fintech investment reached US$ 57.9B invested across 875 deals in H1’18, a significant increase from the US$ 38.1B invested in all of 2017, ...

12th Cyprus-Russia Gala Organised at the Presidential Palace

The 12th Cyprus-Russia Gala took place at the Presidential Palace in Cyprus on the 15th September 2018 under the high patronage of the First Lady of the ...

Cypriot Documentary ‘The Ghost of Peter Sellers’ Wows in Venice and Telluride

The independent Cyprus feature documentary opened to rave reviews at its World Premiere in Venice last week. Hollywood Reporter calling it “Jaw ...

2nd Cyprus Open Data Hackathon Crowned with Success

The 2nd Cyprus Open Data Hackathon was held on the 15th and 16th September 2018 with great success in Limassol at the premises of ARIS | A Really Inspiring ...

CIA Challenge Exam for ACCA Members

The Institute of Internal Auditors (IIA Global) in collaboration with the Association of Chartered Certified Accountants ...

New 100 and 200 Euro Notes Unveiled

The design for the new €100 and €200 bank notes has been unveiled, ahead of entering circulation in May next year, the BBC reports. Both notes ...

People at Poverty Risk Drop to 25% of Population in 2017

Data released on Monday 17 September show that people at risk of poverty or social exclusion, dropped in 2017 to 25.2% compared to 27.7%. According to the ...