New hotel investment in Messinia was approved by Greek authorities
New hotel investment in Messinia was approved by Greek authorities
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New hotel investment in Messinia was approved by Greek authorities

The accommodation unit will have a capacity of 27 rooms and 68 beds
RE+D magazine
28.09.2022

A new tourist investment in the area of Ambelionas in Messinia has received approval to be comprised under the provisions of Law 4399/2016.

Specifically, according to the Ministry of Development and Investments, this new investment refers to the development of a five-star luxury hotel by the company under establishment named "ABELIONA'S ART HOTEL AE" with the distinctive name "ABELIONA'S NATURE ART HOTEL".

According to the available information, the accommodation will have a capacity of 27 rooms and 68 beds, while the total cost of the investment is estimated at €4,695,516.53, with the total subsidized cost being €4,593,776.93.

It is been noted that the investment plan will be supported through a public grant of €2,546,577.31 and the new dependent jobs that will be created by the development of this hotel investment are estimated at 8.76 Annual Work Units.