DIKAION LAW Lawyers advise on extensine new hotel investment in Northern Greece.

Our team advised on the entire process of locating, evaluating, bidding for successfully and implementing a hotel real estate investment with self management through the L. 4061/2012 tender process from the Greek State and the Ministry of Agricultural Development in particular. The investment refers to a hotel complex with self management in Eastern Northern Greece.

The investors, an EU based family office, have sought our advice and our office's full-range service in locating the investment opportunity and project place, deploying the project options and throughout the tender bidding process and the successful tender award as well as on the implementation and realisation of the project itself in collaboration with our team of project managers, development laws consultants, engineers and financiers.

The project itself involves the creation of two separate waterfront 4 star resort hotel units of 150 and 190 beds capacity respectively on a plot of approx. 39.000 sq.m. with a combined budget of over 15 mil EUR.

The project now enters its construction phase and we are thrilled!

Nenia Adamidou advised on corporate and real estate matters and Apostolos Moudoulias prepared and oversaw the tender bidding process and has taken care of all administrative law considerations.