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(Visited 217 times, 1 visits today)
  • Transaction / Assets
    Apanema Resort hotel in Mykonos
  • Seller
  • Buyer
  • € MM

Intrakat acquired the Apanema Hotel in Mykonos

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