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‘Atalanti Hills’ Tourism Project Goes to Greece’s Council of State

A draft Presidential Decree concerning the 1.5 billion euros tourism investment of Atalanti Hills in Atalanti, Greece, has been submitted to the Council of State for approval. Greece’s Council of State is the country’s highest administrative court.

The Atalanti Hills project by Lokros Real Estate is be erected in the Exarchos area of the Central Greece region of Fthiotida. The area is located at the foot of Mount Chlomos, near the Municipality of Orchomenos, and is located approximately 11 km away from the sea.

If approved, the investment is expected to provide more than 5,500 permanent full-time jobs per year. With the full operation of the resort it is said that over 8,800 direct and indirect full-time jobs will be secured. During the construction stage, job positions will range from 310 to 885 per year.

According to the investment plan, the Atalanti Hills facilities will include five-star hotels with a total capacity of 8,872 beds. The 2,990 beds will be available in the hotel complexes and the 5,882 beds in 3,306 holiday homes (furnished), which can be sold or leased for the long-term.

Moreover, plans include a hybrid hydrotherapy and spa center, a conference center, the creation of three 18-hole golf courses of international standards and covering 1,703,465 square meters of forest and non-forest areas.

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