A new €600 million euro investment by Dolphin Capital Investors on Kea Island and near the village of Kilada in the eastern Peloponnese, promise luxurious resorts to come. According to the news from ekathimerini, work is scheduled to take place later this year.
The building licensing process for the project is expected to be completed in the next couple of months, according to the news. Meanwhile, Dolphin’s other tourism complex – a 150-million-euros project named One&Only Kea Island, has already entered the implementation stage with a ground-breaking ceremony that took place on July 8th.
This is the first development in Europe for Dolphin’s partner in this investment, Kerzner International Holdings Limited. The project will culminate in a luxury unit with 75 rooms and villas, some of which will be put up for sale under the name One&Only Private Homes.
The Kilada Hills project will surround an 8 hole Jack Nicklaus signature golf course and features like a golf club, 260 residences, and a seaside resort.
Dolphin conducted a series of property sales last year – including its participation in a tourism development project in Sitia, Eastern Crete – securing total revenues of €34 million euros.
Dolphin Capital Investors is a real estate investment company focusing on the residential resort sector in emerging markets and listed on the Alternative Investment Market of the London Stock Exchange.