Exclusive Commercial Redevelopment Opportunity | Porto Heli, Greek Riviera

One of the Greek Riviera’s Largest Hospitality Redevelopment Opportunities

Located in the heart of Porto Heli, one of Greece’s most prestigious waterfront destinations, this landmark commercial property presents an exceptional opportunity to acquire and reposition a large-scale hospitality asset within a market experiencing sustained international demand.

Originally developed and operated as a hotel, the property offers outstanding flexibility for redevelopment into a luxury hospitality or mixed-use destination, making it an ideal investment for international hotel operators, developers, family offices and institutional investors.

As Porto Heli continues to establish itself as one of the Mediterranean’s most desirable luxury destinations—home to ultra-high-net-worth individuals, superyacht owners and internationally renowned resorts—opportunities of this scale are becoming increasingly rare.

Property Overview
Asking Price: €9,000,000
Plot Area: 2,825 sq.m.
Total Built Area: 4,695.64 sq.m.
Building Volume: 17,854 cu.m.
Outdoor Areas: 1,729.56 sq.m.
89 Guest Rooms
Reception & Lobby
Lounge & Bar
Breakfast Restaurant
Laundry & Technical Facilities
Rooftop suitable for a Signature Restaurant, Sky Bar or Rooftop Lounge
Development Potential

The existing structure offers an outstanding foundation for a variety of high-end hospitality concepts, including:

Luxury Five-Star Hotel
Branded Residences
Wellness & Medical Retreat
Boutique Lifestyle Resort
Serviced Apartments
Mixed-Use Hospitality Development
Luxury Senior Living
Private Members Club

Subject to the necessary planning approvals.

Investment Highlights
Prime location within Porto Heli
Walking distance to the New Marina
One of the largest existing hospitality assets in the area
Significant value-add and repositioning opportunity
Strong international tourism growth
Increasing demand from yacht owners and UHNWIs
Multiple exit strategies
Attractive government redevelopment incentives
Government Incentives

The property is eligible for redevelopment incentives under Greece’s Development Law 4887/2022 (”Strong Growth”), allowing qualifying renovation and modernization projects to receive financial support that may cover up to 60% of eligible redevelopment costs, subject to approval.

Additional incentives may also be available through Regional Aid programmes, NSRF (ESPA) funding and renewable energy schemes.

Porto Heli | The New Luxury Destination of the Greek Riviera

Often referred to as the Greek Riviera’s most exclusive yachting destination, Porto Heli has become a preferred location for international investors and luxury travelers.

The destination is home to world-class resorts, luxury villas, private marinas and a growing collection of premium hospitality developments, attracting an international clientele seeking privacy, security and an exceptional Mediterranean lifestyle.

Its proximity to Spetses, Hydra and Nafplio, combined with continuous investment in tourism infrastructure, positions Porto Heli among Greece’s most promising long-term hospitality markets.

A Rare Investment Opportunity

Large-scale redevelopment opportunities in Porto Heli rarely become available.

Combining exceptional scale, strategic location, redevelopment flexibility and attractive investment incentives, this landmark property offers investors the opportunity to create one of the Greek Riviera’s next flagship hospitality destinations.

Property Features
89 Guest Rooms
4,695.64 sq.m. Built Area
2,825 sq.m. Plot
Rooftop Development Potential
Marina Proximity
Prime Greek Riviera Location
Hospitality Redevelopment Opportunity
Government Incentives Available
Investment Property
Commercial Real Estate
Luxury Hospitality Development