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More specifically, the group’s plans include the construction of a 2.5-billion drachma convention centre catering to 2,000 once it receives the necessary permits. These investments should enable the organisation to operate at least two units during the winter season.
The 10 billion drachmas will fund Astera’s five-year business plan; 7.6 billion drachmas will go towards new works while the cost of renovating existing buildings is estimated at 2.4 billion drachmas.
The company intends to spend 1.5 billion drachmas on building 75 beach bungalows and 1.6 billion drachmas on two underground parking facilities for 800 cars in total. A church is planned and may be coupled with a reception centre while a new jetty is on the cards as is an environmental park spanning 100 stremmata.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.