(Visited 20 times, 1 visits today)
(Visited 20 times, 1 visits today)
  • Transaction / Assets
    Land plot in Elafonissi, Crete
  • Seller
    AEGEK SA
  • Buyer
    Tsatsaronis Family
  • € MM
    1.7

Land plot in popular touristic area in Crete sold for €1.7 m

The Tsatsaronakis family is the new owner of the seaside area, on the beach “Voulimeni Elafonisos” with a total area of 610807.65 sq.m. The new owners paid AEGEK SA €1.7 m for the land plot.

The property is licensed for mild tourist exploitation and is located in an area of special natural beauty. The purchase was made as part of the settlement of part of the debt obligations of AEGEK CONSTRUCTION S.A. 

The Tsatsaronakis family, known for its activity in the bakery sector, has launched a great investment in Falassarna with high quality hotel infrastructure, residences and crop development for the production of organic products. 

Original Source: eRED.gr

Adaptation/Summary: Kiki Athanasiadis

 

 

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