"Green Light" for Asteria Glyfada's privatization
"Green Light" for Asteria Glyfada's privatization

"Green Light" for Asteria Glyfada's privatization

The environmental impact report was approved by authorities, although regional dwellers raise arguments on investor's intention to constraint access in the area.
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RE+D magazine
18.03.2015

The Attica Regional Council approved the environmental impact report on the privatisation of the Asteria Glyfadas five-star hotel south of Athens on Tuesday.

Deputy regional finance director Christos Karamanos said the current report is very different from the one invalidated in 2003 by decision of the Council of State, and said there were strict terms and full protection of the forestland and archaeological site in the area.

Objections to the report were voiced by residents and other groups on several grounds, including the fact that illegally built structures of recent decades were not going to be torn down (the hotel was built in 1955 by a group of architects) and that destructive interventions will take place in the natural forest in the area.

There were also fears expressed that the investor would close off the beach for his hotel use.