Investments Major Corfu Tourism Unit Gets Go-ahead by GTP editing team 26 February 2016 written by GTP editing team 26 February 2016 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 6 Photo source: KLC III Hellas SA A massive tourism complex including a five-star hotel, bungalows and holiday lodgings on the Ionian island of Corfu has received the go-ahead from the culture ministry, Greek daily Kathimerini reports. The luxury accommodation unit, to be situated at Agios Stefanos near tourist hotspot Benitses, will also include a spa center, swimming pools, sports facilities, restaurants, bars and shops. Budgeted at approximately 50 million euros, the ambitious project will be undertaken by KLC III Hellas SA and will in effect include the expansion and revamp of the former San Stefano Hotel. The company will be required to abide by the terms set out in the ministry’s approval including the creation of a 30-meter building-free zone as well as retaining traditional Corfiot architecture during the construction of the holiday homes and bungalows. The Agios Stefanos complex has been slated at a total capacity of 893 beds. In the meantime, UK daily The Telegraph recently listed Corfu as the best Greek island for family travel. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Three Greek Cities Shortlisted for ‘European Capital of Culture 2021’ Title next post KEPE Report: Cultural Tourism Next Big Thing, Greece Lagging Behind You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Greek Tourism Ministry Monitors Santorini Situation as Seismic Activity Continues 5 February 2025 Global Air Passenger Demand Reaches Record High in 2024, IATA Reports 5 February 2025 Greek PM Reassures Public About Santorini’s Ongoing Seismic Activity 5 February 2025 Milos: Ministry Suspends 5-star Hotel Construction Near Sarakiniko Beach 5 February 2025 ELIME and HELMEPA Join Forces for Safer, More Sustainable Greek Ports 5 February 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment. Δ