Work is underway to transform Skorpios, the legendary island of Onassis, into a global luxury tourist resort…

Its new owner, Russian billionaire Dmitry Rybolovlev, has already invested over 400 million euros in the island. The modified plan for the creation of a VIP exclusive club unit, launched by the Russian tycoon, with the aim of attracting VIP travelers from all over the world, foresees a significant increase and spatial redistribution of the total construction in the approved building units of the investment, with an initial budget of 165 million euros.

In its publication, elxis.com reminds that the company developing the island is Mykines SA, which recently requested building permits from the government. Architecture firm Snøhetta from Norway made the plans for the island resort. The same firm is known for designing the Library of Alexandria in Egypt, Europe’s first underwater restaurant and the headquarters of Le Monde in Paris.

“The project is expected to create more than 100 new jobs, according to a press release from the Greek Ministry of Tourism, Development and Investments, which approved the development. When completed, the island will include a spa, villas, a sports field, a farm, a vineyard, a helipad and a dock for large yachts,” the publication said.

The project called “VIP Exclusive Club” was approved in December 2020 by the Greek government and is scheduled to be completed by 2024.

How much will it cost to stay in Skorpios?

The resort will be available to rent on a weekly basis for over €1 million and the island will not allow more than 50 guests at a time.

Elxis says it will have high security, guarded by snipers and cameras for maximum security. The Dmitry Rybolovlev family will use the island for their personal enjoyment for some time of the year and rent it out the rest of the year.

According to the Wall Street Journal, Onassis bought the island in 1963 for 3.5 million drachmas (today, about 13,000 euros) and brought thousands of trees and rare plants to organize his glamorous parties in Scorpio.

What does the investment provide?

It is recalled that the Russian tycoon bought Scorpio from Athena Onassis in 2013, with the aim of transforming it into an ultra-luxurious tourist resort, which will attract the world’s tourism elite.

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