Greece approves € 60 million Mykonos Hotel Investment Project
The Greek Council of State approved The Mykonos Project, a plan to develop 95 luxury villas on a 60,000 sq.m. land plot above Karapetis Beach in Mykonos. The hotel investment is estimated at € 60 million.
Mykonos, Greece: 18 May 2020
An investment project of € 60 million, The Mykonos Project, will be developed into a 5-star hospitality complex in an area of 60,000 sq.m. Developed by AGC Equity Partners, the project is considered a mild type of tourism investment with high environmental and urban standards.
The project will have a capacity of 192 beds, and include a marina, sports facilities, a wellness center and stores.
This type of activity in tourism investment projects, shows that Greece continues to attract hotel investment that diversify the tourism product.
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The Mykonos Project gets approved amid Coronavirus
Greek City Times. 18 May 2020
The Mykonos Project Gets Green Light from Council of State
Greek Travel Pages. 18 May 2020