The proposed study provides for an increase in the capacity of the Integrated Tourist Resort to 565 beds and the application of a new building coefficient (floor area ratio) of 0.07, allowing for a maximum permitted built-up area of 45,100 sq.m., compared to the previously utilized 0.05. This adjustment is made without expanding the development site, which remains at 644 stremmas.
The total constructed area—comprising both existing and new buildings—will amount to 45,000 sq.m., with the proportion of residential units permitted for sale remaining unchanged at 60%.
Under the new design, certain already constructed spaces will now be included in the total buildable area due to changes in use and adjustments under the revised provisions of the New Building Code (NBC).
Additionally, the proposed modifications include corrections to the siting of residences resulting from design errors, as well as changes to the typology of the buildings compared to the originally approved plans. Beyond these amendments, 17 new residences will be added.
Furthermore, the project includes the addition of new swimming pools and decorative water features, with a total surface area of 9,884 sq.m. At the same time, the environmental infrastructure of the project will be expanded—including the wastewater treatment facility and desalination unit—alongside the development of new networks for water supply, sewage, stormwater drainage, internal roadways, electromechanical systems, and parking facilities.
The project, which remains one of the most ambitious tourism investments in Greece and has been in development since 2013, is undertaken by Special Purpose Vehicle 24 S.A., a subsidiary of the Dolphin Capital Partners Group. The operation of the luxury resort, which began functioning in 2024, has been assumed by Kerzner International, marking its first investment within the European Union.
