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AGC very close to approval for hospitality development on Mykonos

AGC Equity Partners is close to getting approval for a 51-million-dollar investment project for the development of 95 luxury residences on Mykonos island. AGC also owns the Astir luxury hotel in Vouliagmeni.

The Mykonos Project residences will be located above Karapetis beach, on the eastern part of the island and will be part of a 5-star hotel complex that will also include 192 rooms, shops, sports facilities, and a marina.

AGC, which has invested about 600 million euros in the Astir resort in Southern Athens, is said to be in talks with three hotel chains for the operation of the resort among them Four Seasons and Ritz-Carlton.


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