Tourism Investments & Real Estate

The first tourist accommodation complex in Greece will be built on Kea after a major investment proposal was recently given the green light by the special tourism investment service* of the Greek National Tourism Organization (GNTO).

Santorini is one of Greece’s most popular islands worldwide, known for its geological uniqueness, local cuisine, traditional Cycladic architecture and of course most spectacular sunset view.

The National Bank of Greece has launched a public tender for investors to submit an expression of interest for the acquisition of a majority participation in the share capital of Astir Vouliagmenis S.A.

The Ministry of Development, Competitiveness, Infrastructure, Transport and Networks yesterday, 14 January, launched a call for proposals in regards to an NSRF-funded program to assist small and medium-sized enterprises (SMEs) in manufacturing, tourism and trade-services in Greek Regions.

The Greek Government will divide the country’s regional airports into three groups based on geographical criteria prior to inviting private investors to submit expressions of interest for their operation, the Greek media recently reported.

Greece’s main social security fund, IKA, announced that a sealed bid public tender for the short-term (12-month) lease of the Makedonia Palace hotel in Thessaloniki, will take place on Monday, 4 February 2013.

Major tourism investments and an extended tourism season are expected to result from the new Special Zoning Plan for Tourism, the basic points of which were presented today, 13 December, to the Greek media by Tourism Minister Olga Kefalogianni and Alternate Minister of Environment Stavros Kalafatis.

The Development Ministry recently announced a provisional agreement between American IT firm Hewlett-Packard (HP), Chinese shipping giant Cosco and Greek state railway Trainose for the use of Dock II in Piraeus Port.

The new special zoning plan for tourism that will promote tourism development alongside environmental protection in Greece, is expected to be ready by the end of the year, Greek press reports said recently.

A tender for the concession of 22 Greek regional airports will be launched by the end of the year, the Greek press reported recently.