According to the investment plan, there will be constructed and operate a large five star hotel unit, with a capacity of 580 beds, (according to international standards is classified in the category of 6 stars) in an area of 182 acres in Varko Pogonias area of Palero Municipality, near the popular beach Vathiavali.
The investment is been comprised in the Strategic Investment Procedures of Law 3894/2010 as of strategic importance.
The total investment is estimated to reach €107 million and will offer 350 permanent and seasonal jobs. The project is implemented by the Dutch company RND Investments Greece
