The UK’s Leus Developments is finishing a number of initiatives in Limassol, Cyprus.
With two websites completed and already rented out, and two extra being accomplished over the subsequent two years, Enterprise Issues heard from founder Dmitry Leus to study extra concerning the firm’s actual property initiatives and the continued enchantment of Cyprus for UK traders.
Leus has been dividing his time between London and Cyprus for the previous a number of years, as Leus Developments’ 4 Limassol actual property initiatives every get nearer to the end line. Two have already been accomplished and are rented out: Neapolis I and Neapolis II. Leus appears happy with the reception these accomplished buildings have acquired: “It’s great to see the end result, with happy residents. Neapolis I was always going to be appealing, with the amazing panoramic views, and just four minutes’ walk to the seaside, and the buzz of restaurants and shops close by. The architecture of Neapolis II, for me, is something special.”
Subsequent up for Leus Developments might be their sea view Agios Athanasios improvement, due in December this yr. It options 22 residences, together with one, two, and three bed room items, in addition to three penthouses that every have a personal rooftop terrace. Leus says: “We’re especially looking forward to seeing people’s reaction to the site’s internal garden with its swimming pool. This development feels especially modern, catering especially well to those who work from home and host guests.” That might be intently adopted by Metropolis Tower, premium Limassol workplace house, as a consequence of be accomplished in January 2025. Leus explains the enchantment: “It’s in a great location, and we know the large roof-garden will be ideal for corporate events and as an outdoor space for employees.”
The luxurious Mandarin Park Tower is due for completion in January 2027. It’s going to include 29 excessive finish residences, together with triplex penthouses with non-public roof gardens, having fun with panoramic sea views by way of floor-to-ceiling home windows, with elegant residing areas, and Italian marble finishes within the kitchens and loos. There might be a personal clubhouse onsite and the foyer is designed by the famend Luxurious Antonovich Design Studio.
Leus Developments take into account Cyprus the perfect location for his or her initiatives. High quality of life on the island and the constantly sturdy economic system imply their purchasers are dedicated to Cyprus. For them, the island is ideally positioned for accessing a number of markets and journey inside Europe and to Africa and Asia. The EU standing of the island is one other draw.
Leus explains why he and different British corporations are comfy investing in Cyprus: “It’s truly a European business environment here in Cyprus. We enjoy high quality professional services and infrastructure here. We see a high demand for real estate and good rental yields. It’s also a very safe place to expect a significant return on long term investment. The economy is doing very well There is a strong legal system and it feels familiar because it’s based on British common law and is trusted internationally.”
He provides: “It’s also just a truly great place to live and to work. Whether we are talking about lifestyle, culture, the sunshine quota or coastal living, this island has so much to offer.”
Leus concludes by saying: “We are proud to contribute very high quality living and working spaces to Cyprus. So much has gone into each project, starting from the tremendous Limassol locations, to securing the very best architecture to insisting on the very best of materials and equipment for each aspect of our sites.”
