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Leptos Estates to market Mediterranean vacation homes in India

#Taxation & Finance News#India
Last Updated : 8th May, 2024
Synopsis

Leptos Estates, a 64-year old family-run real estate firm renowned for properties in Greece and Cyprus, is entering the Indian market. It aims to offer Indian buyers the opportunity to purchase homes in Greece and Cyprus while also obtaining permanent residency. Indian buyers of Cypriot homes qualifying for residency must invest a minimum of EUR 300,000 plus VAT. For Greek homes, the minimum investment is EUR 250,000 with 0% VAT until the end of 2024. With a focus on quality living and investment incentives, Leptos aims to cater to Indian families seeking Mediterranean homes. Their seamless process and commitment to customer satisfaction make them a compelling choice for Indian investors eyeing overseas real estate opportunities.

Leptos Estates, a six-decade family-run real estate firm renowned for residential, commercial and holiday homes in Greece and Cyprus, is now entering the Indian market.


Founded 64 years ago, Leptos Estates has sold over 25,000 environmentally friendly properties worldwide, including in China, Russia, Africa and the Middle East. Led by second-generation industry veteran Pantelis Leptos, the company is focusing on opportunities in India. It aims to offer Indian home buyers and investors the chance to purchase property in Cyprus and Greece while also securing permanent residency in both countries.

Indian home buyers interested in Cyprus can qualify for permanent residency with a minimum property investment of EUR 300,000 plus VAT. For Greece, permanent residency can be obtained with a minimum EUR 250,000 investment and 0% VAT (valid until the end of 2024).

Pantelis M. Leptos, Co-President of Leptos Group, expressed excitement about Indian families experiencing the local culture of Greece and Cyprus from the comfort of homes in these beautiful destinations. The large Indian market holds great potential for both Leptos Estates and prospective Indian customers.

Cyprus offers a high quality of life, year-round sunshine and natural beauty - making it popular with foreign investors. Its business-friendly environment and investment incentives add to its appeal.

In Greece, renowned for its ancient civilisation, climate, cuisine and wine, Leptos Estates provides a selection of permanent residency-eligible properties like beachfront and village homes with sea and mountain views.

Sanjay Sachdev, Group Marketing Director, highlighted limited second home options in India while emphasising the unmatched affordability, luxury, sustainability and design offered by Leptos Estates in Greece and Cyprus. Their turnkey solutions ensure a seamless journey from purchase to rental and resale.

Thus, Leptos Estates is inviting Indians to consider Greece and Cyprus for their dream Mediterranean home, offering superb amenities and benefits. Its commitment to an effortless, hassle-free buying process underscores its focus on customer satisfaction.

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