INVESTORS FROM ABROAD SHOW INTEREST FOR PROPERTIES IN HALKIDIKI

The strong interest of investors (not only Greek but also Russians and Bulgarians) for pieces of land in Halkidiki considered “fillets” shows that this year there will be excess activity in the fields of investment and tourism .

Soon a major investment will begin in the position Thermes of Canistro in Paliouri, Kassandra. The investment, which will be exploited by a greek company interests with the participation of Russian shareholders includes the construction of a complex, consisted of a five-star hotel with 640 beds, a village of holiday homes and a marina with 90 yacht seats. The investment will begin with the construction of the hotel and is expected to be completed in spring 2016. It should be pointed out the point at which the investment will be built, due to the thermal waters in the plot, which will give investors the opportunity to create a thermal spa medical center. The total investment is estimated to cost 150 million euro.

Although the interest of foreign investors is mainly focused on properties that promote tourism, it is also intense concerning individual holiday homes. Thus, at least 70 houses have changed hands during the period from June 1^st to December 31^st, of which the majority goes to the Russians and Bulgarians. 80 % of these transactions took place in the first peninsula of Halkidiki, Kassandra.