Mykonos

37.4519672739
25.330696106

Top court rules in favor of Mykonos tourist investment

Although it pulled the plug on a marina which would accompany a tourist development in Kalo Livadi on Mykonos, the Council of State rejected two other appeals against the project, ruling that it was correct to exclude large tourist investments from the general suspension of issuing new building permits for tourist units in areas of the island outside planning zones.

Greece boasts 150 five-star hotels within three years

New hotel units are mushrooming across the country as investors and hoteliers agree that tourism will experience a new boom in the coming years and demand for vacations will be high.

From Santorini and Mykonos to Corinth, Evia and Attica, the Ministry of Development is constantly approving new investment projects for larger and smaller hotel units.

Pages