Investors have their eyes on tourism infrastructure

Foreign investors in Greek tourism have turned to the development of plots for the creation of holiday complexes (i.e. resorts combining hotel units, golf courses and holiday housing), according to Enterprise Greece officials who are in contact with funds and investment groups from abroad on a daily basis.

There is a clear difference in the strategy of foreign investors who until just a few months ago would not even consider discussing the development of a plot from scratch, said Angela Michalopoulou, investment director at Enterprise Greece, during an event on Wednesday ahead of the Mediterranean Resort & Hotel Real Estate Forum, which takes place in Athens on October 17-19.

That trend is attributed both to foreign investors realizing that there are no existing tourism complexes for sale in Greece, and to the constant growth of Greek tourism and its future...