Construction company Intrakat plans to build an 80 million euro tourism resort on Mykonos with London & Regional Properties, officials from the Greek company told greekguru.net on Wednesday.
The five star resort will consist of two hotels and luxury villas in the area of Kalo Livadi.
London and Regional Properties is a private investment company with a global portfolio in excess of 9 billion pounds. The company had shown an initial interest in the Hellinikon urban development project, before later pulling out of the tender. It recently purchased a hospitality asset in Rhodes.