InBusinessNews “Pantelis Leptos: A Year of Growth for the Leptos Group in 2025 – Strategic Investments Set to Attract Interest”
The year 2025 is expected to be dynamic for the real estate, tourism, higher education, and healthcare sectors—key areas in which the Leptos Group operates.
In an interview with InBusinessNews, as part of the IN Business Forecasting 2025, Pantelis Leptos, Co-President of Leptos Group of Companies, emphasized that the Group’s strategic investments in development projects—such as luxury resorts, residential developments, and mixed-use projects in Cyprus and Greece—are attracting significant interest.
According to Mr. Leptos, a key trend in the real estate market is the growing demand for energy-efficient and sustainable properties, as well as a shift toward developments that combine high quality of life with investment value. At the same time, technology is playing an increasingly important role, with smart buildings gaining ground.
Highlighting that 2025 is set to be a year of growth for Leptos Group, he noted that the company is focusing on completing major projects, including the Poseidon Tower at Limassol Blu Marine, Coral Seas, Adonis Beach Villas, and the large-scale Aphrodite Beach project in Chania. Additionally, the Group is launching several new developments, such as the Dias Tower at Limassol Blu Marine, the final phase of the Venus project in Chloraka, and the coastal Maleme Beach project in Chania.
How do you see the Cypriot economy evolving in the coming year? How optimistic are you about its prospects?
The Cypriot economy remains resilient despite recent challenges and increased geopolitical activity in the region.
The key sectors—real estate, tourism, and services—continue to be the backbone of the economy. Following consecutive upgrades of Cyprus’ credit rating by international agencies and the reduction of national debt, I am optimistic that in 2025, we will see further growth in foreign investments, which accounted for 20% of GDP in 2024.
However, maintaining this momentum requires stability, swift adaptability, and strategic investments in infrastructure.
What do you see as the biggest risks for Cyprus’ economy? What should be addressed to ensure continued growth?
The greatest risks stem from global economic uncertainty, such as inflation and rising interest rates, which impact investment and consumer purchasing power.
Locally, attention must be given to streamlining bureaucracy, enhancing international outreach, strengthening energy independence, and promoting sustainable development.
Only by addressing these factors can Cyprus maintain its competitiveness and attractiveness as an investment destination.
At the same time, measures should be taken to ensure that Cypriot businesses are not placed at a disadvantage—whether in terms of taxation or other factors—compared to foreign investors.
What steps should Cyprus take to become an even more attractive destination for foreign investors? How important are foreign investments to the economy?
Foreign investments are vital to the economy as they create new jobs, bring capital and expertise, and strengthen Cyprus’ position as a regional service hub.
To enhance its attractiveness, Cyprus should focus on improving infrastructure, increasing flight connectivity, reducing bureaucracy, developing a more business-friendly tax policy, and promoting the country as a stable and secure investment environment.
Specifically in the real estate sector, the government has already accelerated the approval process for small-scale developments. However, it is crucial to fast-track pending permits for large-scale projects to further boost housing supply and economic growth.
How do you expect your company’s sector to perform in 2025? Are there any concerns you have?
The year 2025 is expected to be dynamic for the real estate, tourism, higher education, and healthcare sectors—key areas in which the Leptos Group operates.
Our strategic investments in development projects, including luxury resorts, residential developments, and mixed-use projects in Cyprus and Greece, are already attracting significant interest.
However, we remain concerned about high construction costs, lengthy permitting processes, and global economic conditions, which could impact demand.
What are the biggest trends and changes you expect in your sector, and what are the main challenges?
A major trend is the increasing demand for energy-efficient and sustainable properties, as well as a shift toward developments that combine high quality of life with investment value. The use of technology, particularly in smart buildings, is also gaining momentum.
Key challenges include maintaining Cyprus’ competitiveness, reducing construction costs, streamlining bureaucracy, and ensuring quick adaptability to evolving buyer needs.
What can we expect in terms of your organization’s growth strategy and plans for 2025? What actions will you take in this direction?
Our primary focus is to maintain our leadership position.
As we enter 2025, we have already expanded Neapolis University, extended IASIS Hospital, and upgraded all our hotels. We anticipate that 2025 will be a year of growth for Leptos Group.
We are concentrating on completing key projects, including the Poseidon Tower at Limassol Blu Marine, Coral Seas, Adonis Beach Villas, and the large-scale Aphrodite Beach project in Chania.
At the same time, we are launching several new developments, such as the Dias Tower at Limassol Blu Marine, the final phase of the Venus project in Chloraka, and the coastal Maleme Beach project in Chania—remaining committed to sustainable development.
Our strategic goal is to create projects that meet the evolving needs of investors and buyers.