The peninsula of Hermione (Ermioni) along the eastern coast of the Peloponnese province is evolving into a Grecian version of the Côte d’Azur with foreign funds and investors from around the world, along with local developers, focusing on luxury property investments.
A few kilometers away from the harbor town of Hermione and very close to Hydra Beach, operated by the Spanish group Barceló Hotels & Resorts, the tourism investment Hydra’s Art Residencies received approval under a fast-track law for “strategic investments”. The plan involves the creation of thematic and sustainable holiday units, which will include a hotel complex and supporting facilities, a convention center, two zones of vacation residences with a total of 229 villas, spaces for art, culture, recreation and sports, as well as a marina for 40 pleasure craft.
Another tourism investment in the same wider area is the Scarlet Beach Hotel, with Scarlet Beach S.A. as the investing entity. The property, spanning 234 acres, is one of Sheikh Tahnoun bin Zayed Al Nahyan’s first investments in Greece. The residences in the complex, to be completed by 2026, will bear the Waldorf Astoria by Hilton brand. The investment plan includes the creation of a 5-star hotel complex, 15 villas, a conference center, spa, gym and restaurants.
At the same time, the Hermione peninsula has attracted the InterContinental, which will introduce its Six Senses brand. The 5-star Six Senses Porto Heli is set to open in 2026 and will feature approximately 60 rooms and suites, along with a villa. Additionally, there will be 10 branded residences for sale, as well as spa, gym, restaurants, boat docks and even an organic vegetable garden.
Billionaire Paul Coulson is planning to develop a complex of a 5-star tourist accommodation and 10 luxury residences in upscale Porto Heli, with a total value exceeding 250 million euros.
Finally, Goutos Construction S.A., controlled by the Goutos family, has submitted the sole binding offer for a property at the Ververonda site, also in Porto Heli.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
When Blue Skies was Unmasked as ND’s Political ‘Slush Fund’
The fact that so many top New Democracy (ND) party cadres were paid by the firm Blue Skies, owned by Thomas Varvitsiotis and Yiannis Olympios, without ever citing this publicly, raises very serious moral issues, regardless of the legality
Greek Women’s Water Polo Team Top in the World after 13-9 Win Over Hungary
The Greek team had previously defeated another tournament favorite, the Netherlands, to reach the final.
S&P Raises Greek Rating; BBB with Stable Outlook
S&P’s decision raises the Greek economy to the second notch of investment grade ladder, at BBB with a stable outlook.
Greek Tourism Optimistic About Demand from American Market
A recent survey by MMGY Global, conducted from April 3–5 with a sample of 1,000 U.S. adults, found that 83% of Americans still intend to take leisure trips over the next 12 months, a slight drop from 87% in late February
New Exposé by Domumento Reveals Nefarious Triangular Link of ‘Black Money’ with New Democracy, Blue Skies, & Truth Team
The latest exposé by the Documentonews.gr news site lays bare what appears to be a surreptitious path of indirect financing of ND through the business sector—transactions that, as widely understood, rarely occur without expectations of reciprocal benefit
PM Meloni Meets Vice President Vance in Rome Signalling Optimism on Ukraine Talks
Meloni emphasized the strength and strategic value of the Italy-U.S. partnership.
Airbnb: Greece’s Short-Term Rentals Dip in March Amid Easter Shift
Data from analytics firm AirDNA shows that average occupancy for short-term rentals dropped to 45% in March, down from 49% the same month last year.
Easter Week in Greece: Holy Friday in Orthodoxy Today
At the Vespers service on Friday evening the image of Christ is removed from the Cross and wrapped in a white cloth
Meloni and Trump Meet in Washington, Vow to Strengthen Western Ties
“I am 100% sure there will be no problems reaching a deal on tariffs with the EU—none whatsoever,” Trump stressed.
ECB Cuts Interest Rates by 25 Basis Points in Expected Move
The ECB’s Governing Council opted to lower the deposit facility rate—the benchmark for signaling monetary policy direction—citing an updated assessment of inflation prospects, the dynamics of underlying inflation, and the strength of monetary policy transmission.
![Πλημμύρες: Σημειώθηκαν σε επίπεδα ρεκόρ στην Ευρώπη το 2024 [γράφημα]](https://www.ot.gr/wp-content/uploads/2025/04/FLOOD_HUNGRY-90x90.jpg)
![Airbnb: Πτωτικά κινήθηκε η ζήτηση τον Μάρτιο – Τι δείχνουν τα στοιχεία [γράφημα]](https://www.ot.gr/wp-content/uploads/2024/07/airbnb-gba8e58468_1280-1-90x90.jpg)
![Χρυσές λίρες: Φρενίτιδα χωρίς τέλος – Πόσες πούλησαν και αγόρασαν οι Έλληνες [πίνακες]](https://www.ot.gr/wp-content/uploads/2022/12/xrises-lires-600x300.jpg)
