Hospitality Real Estate Company ‘Everty’ to Invest €100m in Greece

Petrothalassa Villas in Ermioni, Greece. Photo source: Everty

Everty, a global investor, developer, and operator of a first-class commercial and hospitality real estate on Wednesday announced its plans to invest up to 100 million euros in Greece over the next four years.

According to an announcement, the international real estate company is looking to acquire, develop, and manage hospitality and commercial projects in Athens and across the country.

“Our goal is to invest in and manage highly strategic properties in the hospitality sector. We’re also interested in sustainable and modern offices that encourage productivity, a healthy lifestyle, and wellbeing, and residences that place Greece as the ideal destination to visit, work and live in,” said Nikolaos Roupakas, Country Manager for Everty Greece.

Petrothalassa Villas in Ermioni, Greece. Photo source: Everty

Everty’s portfolio includes exclusive villas in the Pacific Ocean and in front of the Aegean Sea’s crystal clear waters, world-class restaurants, a boutique hotel in the heart of Costa Rica’s cloud forest, a state-of-the-art office building in the heart of Sofia, and many other properties. The company has made essential investments in strategic markets such as Costa Rica, Bulgaria, Nigeria, the United States, and now Greece

“Our experience in managing mixed-use buildings and hospitality properties drives us to new horizons and to look for opportunities to expand our operations,” Roupakas added.

Investment in Greece for 2021: Petrothalassa Villas

Petrothalassa Villas in Ermioni, Greece. Photo source: Everty

The company’s first major investment in Greece, the award-winning Petrothalassa Villas, will begin construction in early 2021. The duo of luxury properties will be located in the Peloponnese’s Ermioni province, within the Porto Heli and Ermioni regions.

According to Everty, the hospitality project aims to attract international travelers to Greece.

“The villas will appeal to those travelers who want an oasis away from the hustle and bustle of big cities, but with all the comforts and luxury amenities to enjoy a dream holiday on the imposing Aegean coast,” Everty said.

Everty is part of the YNV Group, a group of multinational groups that invests and operates in several sectors worldwide, from technology and education to hospitality and real estate.

The company says that it is open to discussing new projects and investments, with plans to add assets to its growing portfolio as soon as Q1 2021.