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The green light ” for strategic tourism investment “The Mykonos Project” of the AGC Equity Partners Consortium in the “Karapetis” area of Ano Mera, Mykonos, was ignited by the State Council, giving a positive opinion on the draft Presidential Decree on the Special Plan for the Spatial Development of Strategic Investments (ESXAS) .
The project contemplates the development of a complex of 95 luxury private homes. This development will take place on a 60.32-acre parcel, just above Karapetis Beach, which is located on the east side of the peninsula that separates Elia and Kalo Livadi beaches south of Ano Mera. The complex will be developed as a 5-star hotel unit, with a capacity of 192 beds with sports facilities, a spa, a place for multiple events and shops. In front of the waterfront of the property, it is proposed to place a refuge for tourist boats.
As the Ministry of Development emphasizes in a relevant announcement, “the investment is a slight tourist development with high environmental and urban characteristics and for these reasons it is accepted to adapt to the urban environment of the Mykonos Residential Control Zone (ZOE)”.
The decision, the ministry said, “encourages the development of organized tourism through the Strategic Investment Process – ESCHASE, indicates an attractive environment for the development of high value-added strategic investments in the country and the creation of high-end tourist destinations. ” respect for the environment and spatial planning. “
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