Gulf News: Leptos launches ‘Olympus Village’ in Cyprus for GCC investors

June 21, 2024

Leptos Estates‘ Olympus Village project featured in Gulf News.

Dubai: Leptos Estates, the leading property developer in Cyprus, has launched Olympus Village, a prestigious development aimed at discerning GCC investors. Nestled in the hills above the seaside city of Paphos, Olympus Village stands out for its blend of luxurious living, natural beauty, and traditional Cypriot charm. The exclusive collection of homes includes a variety of bungalows, split-level, and two-storey detached villas, ranging in price from US$902,118 +VAT to US$2,899,665 +VAT.

Pantelis Leptos, Co-President of Leptos Group of Companies, commented, “Olympus Village is an oasis situated in the idyllic southern hilltops. The development combines exceptional properties and a fantastic location to create an all-encompassing offering as either a holiday home or a permanent residence for GCC investors. Based on the unprecedented success of neighbouring developments, we anticipate much interest in Olympus Village.”

Following immense success across their multiple residential projects in mainland Cyprus and the Greek Islands, particularly neighbouring Kamares Village, Leptos Estates foresees significant interest in this development. Situated next to the traditional village of Tsada, the properties enjoy an elevated position, providing respite from summer humidity with refreshing mountain air.

Tsada is often a full six degrees cooler than Paphos, which sits 612 meters below, benefiting from more moderate temperatures and greater rainfall. This allows for the cultivation of olive and fruit trees, creating a beautiful green landscape.

Comprising detached villas and bungalows ranging in size from 140 sq. m. to 606 sq. m. and providing three, four, or five bedrooms, each home will be finished to an exacting standard. Although different in their design, there is a synergy throughout the collection characterized by light-colored natural Cypriot stone exteriors and dark wooden pergolas covering sun terraces. To complement the seasonal climate of the area, each home provides a private swimming pool for cooling down in the summer months and a stone-dressed wood-burning fireplace for the winter.

Located next to the village of Tsada and close to the city of Paphos, residents of Olympus Village will have a multitude of amenities at their fingertips. The town of Tsada, dating back 500 years, is one of the ‘villages of Minthi’ – a cooperative of villages that operate under a common umbrella to highlight history, tradition, and the area’s unique natural environment. The villages have collectively released a guide with tourist information and hiking trails in the Ezousa Valley, showcasing rural tourism in the area.

Olympus Village is also within minutes of the city of Paphos, where residents have access to a full range of amenities, from education and healthcare to retail and leisure. As the fourth largest city in Cyprus, Paphos is rich in both history and culture, housing several incredible artifacts and archaeological sites, with Paphos Archaeological Park listed as a UNESCO World Heritage site.

Leptos Estates is the leading provider of new homes in Greece and Cyprus. For more information, contact the Dubai office at +971 4 2579306 / +971 509482424 or email Jenny.Pullon@LeptosEstates.com.

Original Source: Gulf News

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