LOCATION

Country: Greece
Region: Halkidiki Peninsula
Location: Kassandra
Distance from Thessaloniki Airport: 70 km.
Distance from the village: in the tourist area.
Distance from the sea: first line
Other details: Located in a popular tourist region with developed infrastructure. There are also other operating hotels nearby.

SITE CHARACTERISTICS

Plot area: 74.000 sq.m.
Plot type: outside the village (Agrotemachio)
Power supply: yes
Water supply: yes
Beach: wide, sandy

CHARACTERISTICS OF THE HOTEL

Total area of buildings: 14.623 sq.m.
Number of rooms: 304
Number of beds: 633

PROJECT STATUS

Building Permit: Received
Stage of construction: not started
Estimated completion date of the project: May 2011

ECONOMIC INFORMATION

Sale type: sale of a plot with a project
Project cost without construction: 11.500.000 euros
Estimated construction and equipment costs of the hotel: € 30,000,000
Estimated amount of the state grant: € 12,500,000