LEPTOS Group has announced the official publication in the Government Gazette (Issue D’ 439/25.06.2025) of the Presidential Decree approving the Special Spatial Development Plan for Strategic Investment (ΕΣΧΑΣΕ) related to the flagship “Costa Nopia” project in the Gulf of Kissamos, Northwestern Crete.
The project is being developed by Cretan Sun & Sea Developments S.A., a wholly owned subsidiary of LEPTOS Group, and is set to become one of the largest tourism-related developments in Greece. Costa Nopia has been included in Greece’s Strategic Investments framework since 2019.
The Investment
The development will take place on a coastal plot of approximately 1,130,000 square meters (113 hectares) and will consist of 13 integrated neighborhoods, hosting around 830 residences, supported by retail outlets and amenities to serve both residents and visitors.
Key components of the project include:
- Two hotel units with a total capacity of 300 rooms (600 beds)
- A primary healthcare center and pharmacy
- A 9-hole golf course
- Various sports facilities
- Restaurants, public squares, and cultural infrastructure (e.g., an olive oil museum or similar spaces for showcasing local products)
- Extensive green spaces, pedestrian zones, and coastal trails
- Research, education, and training centers focused on the primary sector and innovative agricultural practices
- A tourist marina accommodating up to 100 vessels is also planned, to be developed along the property's southern coastal edge where a natural cove is located.
The resort’s internal transportation network will be organized around a primary vehicular road linking the neighborhoods to each other, to the main access points of the site, and to the marina.
The total investment is estimated to reach €300 million.
About LEPTOS Group
With over 65 years of experience, LEPTOS Group is a leading force in real estate, tourism, healthcare, and education. The Group owns Neapolis University Pafos and the Iasis Private Hospital, and maintains a sales network across more than 75 countries, with offices in Cyprus, Greece, the UK, Egypt, Dubai, India, and China.
To date, LEPTOS Group has successfully completed more than 350 developments, including residential communities, resorts, shopping centers, a university, and a state-of-the-art private hospital. The Group holds a significant land bank across Cyprus and Greece, including premium coastal properties, seafront villas, and agricultural estates.
Today, LEPTOS Group stands as the #1 provider of permanent residency through real estate investment in Cyprus and Greece.
