Intrakat acquired the Apanema Resort hotel in Mykonos, through the acquisition of 100% of the shares of its owner company, dynamically continuing its strategic positioning in the field of tourism development.
Apanema Resort is a complex of 1,544 sq.m., on a plot of land with a total area of 2,743 sq.m. and is located in a privileged position in the Tagou area of Mykonos Town, very close to the city center and the port. The acquisition of the hotel was made through the 100% subsidiary company “INTRA ESTATE SHOINOUSA MONOPROSPI AE”, for a total price of €10.6 m.
According to INTRAKAT’s plan, the full reconstruction works of the complex will begin as soon as the required studies are completed, in the immediate future. The new high-end luxury boutique hotel will offer its guests a special holiday experience with an emphasis on high-quality luxury accommodation, gastronomy, and well-being.
The acquisition strengthens INTRAKAT’s presence in the Mykonos market, as the company’s investment portfolio on the island includes the construction of 200-bed staff residences in Ano Mera, for which the licensing process is expected to begin soon.
Original Source: Euro2day.gr
Adaptation/Summary: Kiki Athanasiadis