Ermionida

Plans for €475-million ‘ultra-luxury’ tourist resort in Peloponnese announced

A development company has announced plans to construct a €475-million "ultra-luxury" tourist resort in the western Peloponnese.

The Hydra Rock company, which is chaired by billionaire shipping magnate Ioannis Vardinogiannis, submitted the plans to Enterprise Greece with the intention that it be deemed a strategic investment