According to the CEO, the project encountered significant challenges, including extensive bureaucracy, complex licensing procedures, and the lasting repercussions of the decade-long economic crisis.

The listed building was constructed by silk merchant Ioannis Michalopoulos and is a characteristic example of Athenian Belle Époque architecture.

The property comprises 57 serviced apartments in a prime location.

Significant cultural enhancement project signed by the Peloponnese Region

The Presidential Decrees that will clarify the status of building permits affected by the annulment of the development incentives are now heading to the Council of State (StE) for review.