• Ilma Danielienė

Elounda Hills Resort & Marina Development

Updated: Sep 11

A 202-berth marina, part of the Elounda Hills resort investment project, will be developed on Crete. This is part of a wider integrated tourism resort comprising a 200-bed hotel, villas and holiday homes valued at € 410 million.

Crete: 10 August 2020



Mirum Hellas has announced approval for the construction of a 202-berth marina. This will be part of the Elounda Hills Resort, an environmentally-friendly luxury tourism project based in the popular resort area of Crete.

The resort will be located on an 80 hectare site overlooking Mirabello Bay. Both the hotel and the marina will be developed in phases corresponding to customer demand.

After completion, the venture is expected to create at least 350 permanent jobs and multiple seasonal employment positions.

The marina approval was implemented under Greece’s Fast Track Investment Licensing procedure.

Navigator Consulting offers investment due diligence, business planning, financial modelling and risk analysis for marina, hotel and tourism investments in Greece. We have advised on some of the largest hotel and marina investments and privatisations in Greece since 1997. For more information please contact us.

Philip Ammerman

Managing Director

info@navigator-consulting.com

Sources:

Crete Expectations: Crete attracts high end developments

Financial Times: 30 August 2019

Elounda Bay Project

Mirum

Elounda Hills Mega Marina Gets Green Light

Greek Travel Pages. 10 August 2020

Mirum Hellas Moves Ahead with Elounda Luxury Hotel, Holiday Home Venture

Greek Travel Pages. 19 October 2018