Luxury 5★ Resort Development Opportunity In Elounda, Crete, Greece

Existing Hotel Asset with Significant Upside Development Potential

A unique investment opportunity is offered for the acquisition of an existing hotel property located in Elounda, Crete, one of Greece’s most prestigious and internationally recognized luxury tourism destinations.
Elounda is renowned for its exceptional natural beauty, exclusive hospitality profile, and strong presence of high-end resorts attracting international visitors and premium travelers. The area continues to demonstrate strong tourism resilience and long-term investment potential.

The opportunity concerns an existing hotel unit currently out of operation, situated on a privately owned land plot of approximately 15,400 sq.m.
The property includes existing buildings with a total built area exceeding 1,600 sq.m., providing a solid foundation for a comprehensive renovation, repositioning, and redevelopment strategy aimed at creating a high-end hospitality asset.

Investment Highlights
• Prime location in Elounda, Crete – one of the leading luxury tourism destinations in Greece
• Land plot of approximately 15,400 sq.m.
• Existing hotel infrastructure exceeding 1,600 sq.m. of built area
• Existing technical and licensing documentation available for review
• Significant potential for renovation, expansion, and value creation
• Opportunity to develop a premium hospitality concept targeting international luxury markets

The property is accompanied by an available technical and licensing file, allowing prospective investors to conduct a comprehensive assessment of the existing status and evaluate the development potential according to their investment strategy.
Proposed Luxury Resort Development Concept
In addition to the acquisition of the existing asset, an optional development package is available under a separate agreement and additional consideration.
The proposed development plan includes:
• Additional construction potential of approximately 3,000 sq.m.
• Swimming pool facilities with a total surface area of approximately 1,000 sq.m.
• Development of a luxury resort concept with a total capacity of 77 premium suites

The proposed project combines the full refurbishment of the existing structures with the construction of new luxury accommodation units, creating a contemporary resort designed according to international hospitality standards.
A significant number of suites are planned to feature private pools, enhancing the exclusivity and positioning of the resort within the luxury accommodation segment.
The envisioned resort concept includes:
• High-end accommodation facilities
• Extensive guest areas and landscaped outdoor spaces
• Premium hospitality services
• Luxury lifestyle experiences targeting international clientele
Strategic Investment Rationale
This opportunity represents an attractive platform for investors seeking exposure to the Greek luxury hospitality market through the acquisition and transformation of an existing hotel asset.

The combination of:
• Exceptional location in Elounda
• Significant land ownership
• Existing infrastructure
• Expansion potential
• Strong demand for luxury tourism in Crete
creates substantial potential for long-term value appreciation and the development of a landmark hospitality project.

The asset is suitable for:
• Hotel investors
• Hospitality groups
• Real estate investment funds
• Private equity investors
• Developers seeking luxury tourism opportunities in Greece
Confidentiality & Access to Information
Further information, including detailed technical documentation, licensing files, development plans, financial information, and property documentation, will be provided exclusively following:
• Execution of a Non-Disclosure Agreement (NDA)
• Submission of Proof of Funds / Evidence of Financial Capability

All information regarding the asset is strictly confidential and intended solely for qualified investors and authorized representatives.

Property Code : ID 5465 RE/MAX Real

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Remax real 1: Heraklion, Crete, Sofokli Venizelou Avenue [hidden information]
Phone: [hidden information]598 Mobile: [hidden information]
Email: [hidden information]

Remax real 2: Agios Nikolaos , Themistokleous 6 , 72100
Phone: 2841181240 Mobile: [hidden information]
Email: [hidden information]

We are at your disposal for any additional information and to schedule a visit to the property. Contact us today to find the property you have always dreamed of!