Pantelis Leptos: 2025 will be a year of growth for the Leptos Group

In 2025, good prospects and potential are predicted for the sectors of real estate, tourism, higher education, and health, all sectors in which the Leptos Group operates, the Group's Co-President Pantelis Leptos suggests.

In an interview with InBusinessNews, as part of its IN Business Forecasting 2025 series, Leptos emphasises that the strategic investments launched by the group in development projects, such as luxury resorts, residential projects and mixed developments in Cyprus and Greece, appear to be attracting significant interest.

Moreover, a key trend in the real estate market, according to Leptos, is the growing demand for energy-efficient and sustainable properties, as well as the shift to products that combine high quality of life with investment value, while the use of technology, such as in smart buildings, is also gaining ground.

Noting that 2025 is expected to be a year of growth for the Leptos Group, he emphasises that the group is focused, among others, on the completion of major projects, such as the Poseidon Tower at Limassol Blu Marine, Coral Seas, Adonis Beach Villas, as well as the large Aphrodite Beach project, in Chania. At the same time, the group is offering many new development projects, including the Zeus Tower at Limassol Blu Marine, the final phase of the Venus project in Chloraka, and the Maleme Beach seaside project in Chania.

How do you think the Cypriot economy will perform in the new year? How optimistic are you about its prospects?

The Cypriot economy remains resilient, despite the challenges of recent years and the increased geopolitical activity in our region.

Key sectors of the economy, such as real estate, tourism and services, continue to be the main sectors of the economy.

After the successive upgrades of the Cypriot economy by international rating agencies, and the reduction in national debt, I am optimistic that in 2025 we will also have an increase in foreign investments, which had reached 20% of GDP in 2024.

However, maintaining this momentum requires stability, immediate adaptability, and strategic investments in infrastructure.

Who do you consider to be the biggest risks to the country's economy? What should be taken into consideration in order to ensure its growth trajectory?

The biggest risks come from global economic uncertainty, such as inflation and rising interest rates, which affect investment and purchasing power.

At the local level, attention must be paid to simplifying bureaucracy, enhancing extroversion, enhancing energy autonomy and sustainable development.

Only in this way will we maintain Cyprus' competitiveness and its attractiveness as an investment destination.

At the same time, measures should be taken that will not put Cypriot businesses in a more unfavorable position, tax-wise or otherwise, than foreign investors.

What should Cyprus do to become an even more attractive destination for foreign investments? And how important, in your opinion, are they to its economy?

Foreign investments are vital to the economy, as they create new jobs, bring in capital, know-how and strengthen Cyprus' position as a regional services centre.

Cyprus needs to focus on improving infrastructure, increasing flights, reducing bureaucracy, developing a more business-friendly tax policy, and promoting the country as a stable and safe environment for investment.

In particular, in the real estate sector, the state has already expedited procedures for small-scale developments.

It is important to expedite pending permits for large developments so as to further strengthen the housing supply and economic growth in general.

Dynamic 2025 in real estate, tourism, higher education and health

Regarding your company's sector of activity, how do you estimate it will develop in 2025? Are there any issues that concern you?

In 2025, potential prospects are predicted for the sectors of real estate, tourism, higher education, and health, namely the sectors in which the Leptos Group operates.

The strategic investments we have already launched in development projects, such as luxury resorts, residential projects and mixed-use developments in Cyprus and Greece appear to be attracting significant interest.

However, we are concerned about the remaining high construction costs, the lengthy permitting processes, as well as global economic conditions, which may affect demand.

Focus on products with high quality of life and investment value

What are the biggest trends/changes you expect to occur in your sector and what are the most significant challenges?

A key trend is the growing demand for energy-efficient and sustainable properties, as well as the shift towards products that combine high quality of life with investment value. The use of technology, such as in smart buildings, is gaining ground.

The challenges include maintaining Cyprus' competitiveness, reducing construction costs, reducing bureaucracy, being quick to adapt and adapt to new buyer needs.

A year of growth, with the completion of important projects

What can we expect in terms of your organisation's plans and development strategy in 2025? What moves do you intend to make in this direction?

Our main concern is maintaining our leading position.

We enter 2025 having completed an expansion at Neapolis University, an expansion at IASIS Hospital, and upgrades to all of our hotels. We expect 2025 to be a year of growth for the Leptos Group.

We are focused on completing major projects such as the Poseidon Tower in our Limassol Blu Marine project, Coral Seas, Adonis Beach Villas, as well as the large Aphrodite Beach project in Chania.

At the same time, we are offering many new development projects, including the Zeus Tower in Limassol Blu Marine, the final phase of our Venus project in Chloraka, and the Maleme Beach seaside project in Chania, remaining true to our commitment to sustainable development.

Our strategic goal is to create projects that meet the modern needs of investors and buyers.

(Source: InBusinessNews)