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  FP Promotions 4  * Spanish  Fincas* We  have  added  fp.promotions6  more Bulgarian Homes


 " Leptos Estates" is the renowned name under which Armonia

  Estates Ltd. operates.

The company has held a paramount position during the past decades in the area of Land Development and Construction. It has created hundreds of development projects and thousands of housing units, both in Cyprus and overseas.

An extensive organisation with skilled management, Leptos Estates is privately owned, well organised and has permanent and continuously trained personnel in fully equipped offices in Paphos, Nicosia, Athens, London and Moscow . They also have associates in dozens of Countries including Ireland


Paradise Gardens Block B  2 Bedroom Apt.  £ 110,000.Cy£ . partly furn.


*Convert to €uro*


Paradise Gardens is situated in a residential area of Kato Paphos within walking distance of the Municipal sandy beach, the picturesque harbor, the shopping center and the nightlife. The development comprises of value packed 3 bedroom villas, 2 and 3 bedroom townhouses, 1 and 2 bedroom apartments and superb penthouses all surrounding the landscaped gardens with sun terraces and a luxurious communal swimming pool. The Paradise Gardens properties are designed in traditional Cypriot style with special attention to detail and quality and have proved to be extremely popular.

contact us  for more info about these properties


*Villas of Distinction is what  they are about*

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CYPRUS & some beautiful Greek Isles

MBR Agencies

for information and brochures

Property ownership
Leptos Estates

Compared to many countries Cyprus has flexible property buying procedures.

A non-Cypriot is entitled to FREEHOLD ownership of a villa, apartment, or a piece of land of up to 4,000 sq.m.   E U citizens may be residence and may then be able to  buy property in addition to their home .

International business units may also acquire premises for their activities or for residence of their foreign employees.

  • Leptos Estates offers for sale the best range in holiday, residential or investment, custom built and completed properties.
  • Leptos Estates provides the largest portfolio for the sale of quality properties situated in over 65 exclusive developments in the Paphos area.
  • A highly qualified team of specialists, architects, engineers and craftsmen ensure that a high degree of quality in all aspects of construction is maintained at all times.

  • The construction department ensures that strict control over the quality of production is maintained.
  • The in-house legal department offers FREE advice on a wide range of issues.
  • Offices in England, Germany, Russia, Greece and Cyprus with an agency network in 40 countries throughout the world.
  • The best long term financing options to suit your needs.
  • Full in-house property management service.
  • Special advisory service for those planning retirement in Cyprus.
  • Completed and custom made properties available for sale.
  • Basilica Design Centre offers FREE advice on interiors.
  • Unbeatable value for money.

CY£ 244,000

Meletis Villas

just outside Paphos

For the second consecutive year, Leptos Estates has been

rewarded for its outstanding contribution to the real estate

development of Cyprus, once again bringing international

recognition to the Island and in particular Paphos.

Despite increasing competition, Leptos Estates has been honoured

with TWO top awards for 2004, in acknowledgement of the

companies continued quest for excellence and quality in the field.

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Friday, July 15, 2005 01:21 AM EEST CATEGORIES

60 000 sq.m. land, forests...

4 storey house with...

3 storey house in Varna...

4 storey house with...

Hunters cottage-60 m...

Estate summary:

Region Black Sea coastal region
Location Sunny Day

Style & Stunning Seaviews. Fully Furnished Executive Apartments - PORT PALACE, Varna

Floor 11 - SOLD

The beautiful Sunny Day Resort, holder of three prestigious International Awards - An International Tourism and Hotel Industry Award – Spain, 1997, the Golden America Quality Award – New York, 1998 and the Blue Flag International ecological Prize 1996 - 98, welcomes all nature and comfort lovers to its New Premier Residential Development – PORT PALACE.

The resort is a peaceful green oasis located in a sheltered bay, just 10 km. from the seaside capital of Bulgaria – Varna city and 16 km. from the International Airport.

Sunny Day has wonderful natural conditions for relaxation: a lovely natural park with rare tree species, clean sea, 1 km. long and 20 to 80 m. wide beach, a shallow sandy coast, springs with healing mineral waters and fresh and pure air.

With its natural potential and the perfect client service of its 4 elegant beach front hotels, Sunny day offers its guests and residents excellent conditions for relaxation, recreation, balneotherapy, and congress and business tourism.


The Exclusive Coastal Residential Complex PORT PALACE is to be developed in the northern part of Sunny Day resort, on the very beach.

A seaside alley of the resort lies to the west of the property, the road from the north goes along the complex and turns in a quay inside the sea, which borders the whole eastern part of PORT PALACE, offering the residents the beauty of its views.

The complex is designed to be the interpretation of the PALACE type construction, with modern features and upmarket luxury facilities.

The seven living floors have 2 one-bedroom apartments (96.12 sq.m., 94.64 sq.m.) and 14 two-bedroom apartments (from 93 sq.m. to 166 sq.m).

The tenth floor is a mansard type with 4 two-bedroom and one three-bedroom apartments.

All apartments avail of a spacious living room with an open plan kitchenette, bedrooms, bathrooms with toilets, and terraces. The mansard apartments will have garret garret windows.


The design of the building includes the development of a swimming pool and a park in its southern part.

The ground floor of the building has large, spacious foyers with a reception desk, a currency exchange office, a safety vault, a rest – room with a WC, a document processing office, an office for the head of the reception desk, a luggage room, WCs ect.

A lobby bar is located on the semi-level.


a Turkish bath,
a beauty parlour,
a hairdresser’s,
a medical office,
a SPA center with separate saunas for men and women with toilets, showers and bathing cabins,
a GYM,
a massage room,
an aerobics room.
The apartments are sold fully furnished and prices include all furnichure and luxury finishes of the properties as follows:

Kitchen Furnichure:
Kicthen cupboards and a bar plot
Fitted electric stove
Fridge - 150 ltr.
Fitted sink
A kitchen table with 4 chairs
2. Living room furnichure:

2 arm chairs
3. Entrance:

Double wardrobe
4. Bedroom:

A Double bed (180/200 sq.m)
2 Bedroom cupboards
Double size wardrobe with additional cupboards
A desk - 1.50 m.
One armchair


The Development is scheduled for finalization on 31.12.2005.


Mortgage arrangement for Bulgarian and Foreign Clients is available from a prestigeous banking institution. Applications are being processed from both UK and Bulgaria.

ELEVAT ESTATES LTD. invites all interested clients to view the special presentation of this exclusive Development on or contact us for further details.

FLOOR 11- 100 % SOLD

for more info about

Copyright 2005 © ELEVAT ESTATES LTD. All rights reserved.

. Exquisitely designed 4-block complex in the heart of

Sunny Beach consisting of 140 apartments


Studios and 1-bed apartments - € 50000 - € 61000
2-bed apartments cost € 72000 - € 81000

" Breeze "From  € 38,000

The new Breeze development is located in the South end of Sunny Beach, the premier beach resort in Bulgaria. A development of 51 apartments spread over 6 floors with a selection of studios, 1 bedroom and 2 bedroom apartments.
Prices vary from as low as €38 000 Euro for the studio to a high of €121 000 Euro for the largest 2 bedroom apartment of 130 sq meters



Exclusive Residential Complex- Manastirski Livadi District



Book now and pay 25% deposit at Preliminary contract stage to secure your apartment. Prices are guaranteed and completion date is June 2006.
Purchase off plans today to secure your apartment and take advantage of the rapidly increasing property prices in Sofia.

contact us  for more info about these properties and more !


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Bulgaria is expecting an increase of 5-7% in the number of tourists visiting its winter resorts, according to the deputy economy minister.

Dimitur Hadzhinikolov opened Wednesday a special Tourism and Leisure fair in Varna, the country's main Black Sea city. The four-day event brings together Government officials and representatives of trade unions, as well as the small and medium-sized business.

According to Hadzhinikolov, the total number of tourists to Bulgaria would reach four million by the end of 2004, while the annual revenues in the sector were approaching USD 2 B.

The deputy minister also said that the seaside airport infrastructure would expand in the forthcoming years.

18 Nov. 2004, Issue


There is a considerable influx of investors willing to build up holiday villages in the valley in-between Balchik and Albena seaside resorts.

Balchik's Mayor Krassimir Mikhailov reported that over 35 applications for developing resort activities in the lands of the seaside resorts Kranevo, Rogachevo and Oborishte have been filed. The entrepreneurs are mostly joint German-Bulgarian or Russian-Bulgarian or British-Bulgarian ventures.

The increased interest in the local real estate market has led to a hike in the prices of the the building sites nearby Albena and Balchik.

24 Oct 2004, Issue 1234



Tourism revenues in Bulgaria over the first six months of 2004 account for EUR 646.3 M, preliminary data shows.

Bulgaria's tourism revenues have gone up by 25.1% as compared to the same period of 2003, the Economy Ministry explained.

The number of tourists for January-August 2004 has also went up as compared to 2003. A total of 3,303,359 foreigners have visited Bulgaria during these months.

Greece still tops the list with more than 437,470 tourists that have come to Bulgaria. It is closely followed by Great Britain with 199,950 Britons coming to Bulgaria.

The Economy Ministry also pointed out that in August alone the number of foreign tourists in Bulgaria has excelled the number of tourist in the 2003 season. They predicted that Bulgaria would mark a new record in its tourism history

Sofia Morning News Published by 22/9/04


Sofia Morning News (22 Feb 2004)
The average 2003 increase of Bulgarian real estate prices is between 24 % and 28 %, the Real Estates National Association Chairman Orlin Vladikov announced on Saturday.

The boosted bank crediting at lower interest rates and the straight-forwarded state foreign policy are considered among the main reasons thereof.

Most aspired are small-sized panel apartments, between 60 and 80 sq.m., which have seen a 100 % increase in some suburbs of capital Sofia in 2003.


Sofia Morning News (4 March 2004)


Anna Kastreva, Dnevnik Daily (15 March 2004)
Foreigners will be able to purchase real estate properties without special licenses from the government. Members of the Parliament Economic Commission voted down on second reading, the text of the Investments Encouragement Law, according to which the foreigners had to ask the cabinet for such a license. Irrelevant became also the requirement for special license from the Ministry of Defense and the Ministry of Internal Affairs for purchasing real estate properties in the interior areas of the country, close to the national security objects.
The grounds for this vote are that such restrictions do not correspond to the law, whose purpose is to encourage the investments. The law is to be adopted by the parliament on second reading.
In the beginning of March, at the conference of the Bulgarian Industrial Business Association (BIBA), the American Trade Chamber and the Bulgarian-German Chamber was requested these restrictions to be dropped off. At the moment the Real Estate Agencies face difficulties in interpreting the Foreign Investments Law and the regulations for applying the Law of the Ministry of Internal Affairs, since there are many unclear points concerning the property or land acquisition in urbanized territories at the border area, in connection to the national security.
Due to the same reason, the Notary Publics faced difficulties to perform the sale formalities of land along the Black Sea coast, which according to the real estate agents is an obstacle for the realties market. Companies in this trade sphere explain that the foreign investors used to buy properties and land via figureheads, but in the long run this practice is not serious and may lead to exodus from the most perspective construction regions in Bulgaria.
The main problem for them is due to the ambiguity in the interpretation of the term "border area". The lawyers regard the term as applied only for the land and river borders, since according to the Sea Area Law, the sea coast is not considered a state border.
As by the Foreign Investments Law enacted, a juridical person on the territory of Bulgaria can acquire property and restricted law of estate over realties.
According to the "Alliance & Leicester International" report in 10 years time about 2.3 million British people aged over 50 or 1/8 of the British population will spend their money abroad. Till 2020 every fifth pensioner will live outside of England. Bulgaria is among the countries, where the retired British people would like to have a dwelling. Croatia, Turkey, Spain, France and the English speaking countries are also in the preference list. According to the report, till 2012 the governments will offer different tax concessions and other alleviations in order to attract the pensioners. It is expected till 2020 at about 100 billion British pounds to be "exported" out of the British Economics and spend abroad.






*Please note that the furniture is not included in the selling prices of the apartments, but full packages are available.


Have a selection of inland properties at  great prices




The additions from Dimo


Here is another one.
The region is already discovered by the Europeans and here the many British,Germans and others are enjoying the benefits of their investments.
The region is very easy accessible through 3 airports Sofia(180km) Bourgas (180 km)  and Plovdiv(130 km).These are the distances to these major cities.Also my city Stara Zagora(160 000 pop.) -5 th largest in BG is 40 km away.

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Holiday apartments in

Sv.Vlas/Sunny Beach.

Their area is 62,72,83 and 114 m2.Best construction materials.Each flat with terrace to the sea,sandy beach 100 m away,Sunny Beach is 1 km away.The price is €870.00 per m2. Payment in installments,because the building still in construction phase.Ready in may 2005.

Some  properties already purchased by British people.         

                                  Close to beautiful forests.







Cyprus Property

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Bulgarian Land





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MBR Agencies



Determine whether the sale is with land.
If the sale is with land a company needs to be incorporated to hold the land.
If sale is without land no company is needed.
Your receive an initial contract of sale .
For resale, do the standard checks on the property. Use a reputable Bulgarian solicitor.
The Notary Act (Contract of purchase)signed in front of a Bulgarian Notary

No land ownership for foreigners in Bulgaria
Buildings can be owned by foreigners
Foreigners wishing to own land can do so through a company
Bulgarian company incorporation costs less than £600.
Bulgaria's ownership policy will be harmonised with the EU in the future.
Under the Bulgarian act on Foreign Ownership, foreigners are not allowed to own land but may own buildings. Foreigners can however own land by setting up a Bulgarian company to hold the property for them





  Another  MB Ranch Agencies location

for your consideration

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