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Reply To: Loyalward ltd Minoan Cavo Sidero Resort

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      • Practcally Cretan
      • ★★★★★★
      Member since: 1st January 2005

      The Sitia resort, all 25sqm and a 250mill Euro investment is alive and well, BritsinCrete has learned

      A report in the ekathimerini newspaper of May 25th, 2021 states that British company, Minoan Plc is planning to get started and appoint a developer.

      It has been a long drawn out process, even by Greek standards of government bureaucracy. In fact 25 years worth to date.

      Minoan has now named the super luxury 5*****project: “Itanos Gaia.”

      Financing is in focus

      In an ambiguous statement, it appears Cavo Sidero’s sheer size means the appointed developer and/or Minoan,  needs additional investor support.

      Any help available?

      Report is here.

      • This reply was modified 1 month, 3 weeks ago by admin.
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