It is officially approved and the awesome project starts immediately

Elounda Hills has been officially approved, combining luxury and sustainability to create an iconic tourist resort.

The housing project is entering a new phase Elounda Hills one of the most important investment projects for this period not only in Greece but also in the wider region Mediterraneansuch as the investment of over 700 million euros in Crete also received the official approval of the Greek state.

Specifically, based on sheet 776 of the State Gazette dated 7/11/2024. (State Gazette, issue D’ 776/07.11.2024) the urban planning survey, zoning, determination of environmental conditions and accompanying infrastructure projects of the project were approved Elada is wonderfulc Municipality of Agios Nikolaos Lasithi and within the implementation of the Special Plan for Spatial Development of the Strategic Investment (ESHASE) “Elounda Hills”.

This is an expected but necessary development that gives the “green light” for implementation work based on the schedule and initial design and is sure to increase sales that are already in high demand. To date, over 60 reservations and pre-sales worth over 120 million have been made. euro.

More specifically, the total approved area is nearly 735 decares, with construction and drainage lines, common green areas, roads and streets with light traffic, sidewalks, parking lots and sports areas, water treatment facilities and other necessary infrastructure and facilities specified in the gazette. . According to the Official Gazette, the tourist development will be realized in three residential areas, which are organized into sectors and blocks and a sub-district, in which exclusively public and public spaces will be located.

The characteristics of each area are as follows:

  • 1st Region (HERA)with an area of ​​about 90 decares. It will have separate holiday homes and complexes, but also public buildings such as shops, doctor’s office, indoor gym, bar, restaurant, swimming pools, etc.
  • 2nd zone (PLOT OF LAND)with an area of ​​about 163 decares. Individual homes and apartment complexes will be located there.
  • 3rd zone (HILLTOP)with an area of ​​about 460 decares, organized in three sectors. Here, both the construction of residences and the “Center for Social Services and Recreation” is allowed, which includes, among other things, a water park, a shopping center, extensive green and entertainment areas, but also the construction of an emblematic hotel – a landmark (five stars, with a stamp per 1 hotel).

As for the building factor, it varies depending on the area and ranges from 0.21 to 0.60, with the maximum permissible height of buildings not exceeding 10.75 meters.

Following this development, the relevant building permits will follow and work will begin to complete Phase 1 by August 2028, which includes most of the residences and the hotel in the HILLTOP area. However, the beach area is expected to become operational much earlier, in 2027, together with the official opening of Elounda Hills Marina, which will be the most modern private marina in Greece with a capacity of up to 202 berths.

It is understandable that for a project that combines luxury with sustainability, sustainability with an ecological nature, but also a different perception of life, the regulations of the Official Gazette regarding environmental conditions are perhaps among the strictest and most detailed that have ever been raised in Greece. The aim is to achieve the adaptation and promotion of endemic ecological systems, while contributing to flood and corrosion protection of the area, but also to ensure the compatibility of the plantations with the local bioclimatic conditions, ensuring low water and fertilizer requirements.

It is also worth noting that all utility infrastructure networks will be built underground, under the common areas, especially the roads and sidewalks, with the installation of two desalination plants and plants for local biological treatment systems planned. In addition to these, “recycling corners”, “green spots”, regular sampling and control of both water and atmosphere, measures to organize flows in the area, extensive use of renewable energy sources and a “smart” grid of energy networks” in order to optimize the energy efficiency of the settlement, make up the fully sustainable resort of the 21st century.

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