The Investment Law of Greece aims to increase liquidity, accelerate investment procedures and ensure transparency.
The Investment Law provides for an efficient institutional framework for all investors and speeds the approval process for pending, approved investment projects.
This Law 4146/2013 “Creation of a Development Friendly Environment for Strategic and Private Investments” of the Ministry for Development, Competitiveness, Infrastructure, Transport and Networks, aims at modernizing and improving the institutional framework for private investments, subject to investment laws.
Following you can find only some ideas of the very promising Strategic Investment Opportunities that exist in Greece. All Strategic Investments gives you the opportunity to get a Resident Permit. Residence permits may be issued to a legal representative of the investor and to up to 10 additional persons, for whom a residence permit is a prerequisite for the unimpeded implementation of an investment plan.
Such persons may be accompanied by members of their families.
Tourism
5 star Beachfront Resort - Western Peloponnese
- Development Cost: 53,300,000€
- Land Cost: 10,000,000€
- Total Cost: 63,300,000€
The project concerns the construction of a 132-room 5 star hotel and spa resort and 196 residential units of total land area of 261,000 m² consisting of two adjacent plots, plot A which is seafront and has an area of 212,000 m² and plot B which is inland (located just behind plot A) and has an area of 49,000 m². The asset is in the Western Peloponnese near Ancient Olympia. The project qualifies for government grants. In fact, this geographical region has the highest subsidy rates ranging 35-45% of the approved construction budget.
Real Estate
Seafront Residential complex - Syros Island
- Development Cost: 6,000,000€
- Land Cost: 2,400,000€
- Total Cost: 8,400,000€
The project is located at the southern shore of the Island of Syros, in the centre of the Cyclades in the Aegean Sea. The land area is a seafront property of 9.675 m² (c. 1 Ha) arranged into 10 land plots. The development plan is for a residential complex of 40 residences (maisonettes) of a total built-up area of c. 4.000 m², all with a sea view and 27 swimming pools. The project is very mature in terms of permitting. The design intent was to marry modernism with traditional Cycladic architecture.
Tourism
5 star Beachfront Resort - Crete
- Development Cost: 23,300,000€
- Land Cost: 5,600,000€
- Total Cost: 29,900,000€
The project concerns the construction of a 5 star hotel of 600 beds in total land area of 110.287.84 m². The asset is located along a long beach on the southern side of Crete. The project is very mature in terms of permitting. The scheme is based on an area program for a total buildable area of ~16,500 m², of which the hotel is ~7,500 m² and the residences are ~9,000 m² (82 units) arranged into 4 generic typologies from 80 m²/unit to 210 m²/unit that could be sold as long term leasehold property. The Project qualifies for 25% government grants.
Αgriculture
Hydroponic Greenhouse Implementation for cluster tomato production
- Total Investment Cost: 31,740,000€
The proposed Investment Project deals with the construction and operation of a 10Ha Venlo glass Greenhouse in Northern Greece. Production of the Greenhouse will be vegetables such as tomatoes, multicolored peppers, cucumbers and others. Furthermore, under the same Investment Project, the company has plans to establish a unit producing 4.8 MW electrical power with the usage of natural gas. The main goal is to use 1 MW, directly to the operation of the greenhouse and sell the rest 3.8 to the Grid.
The financial data of the investment promise satisfying returns on equity and returns on Investment as well. The 10Ha Venlo glass Greenhouse is planned to be developed in the area of Sxoinas Alexandria North Greece where we have available the respective land. The annual profits and the Internal Rate of Return (IRR) projected for growing tomatoes are impressive to warrant carrying out a more detailed design and a more complete feasibility study of the proposed investment scheme with a budget of €31,740,000.
Renewable Εnergy
Environment protection, Synthetic Diesel Project
- Total Investment Cost: 33,005,000€
The current Investment Project deals with the construction and operation of a plant, which aims to produce synthetic Diesel via the Cold Catalytic Conversion and De polymerization process.
In general, the Cold Catalytic Conversion and De polymerization process is the one and the only technology which can convert all organic input material (plastic, straw, paper, wood, olive \ residues, MSW etc.) in a sustainable ecological and economical way. Because we have temperatures of under 280°C centigrade, we don´t produce any of the most toxic products like dioxins and furans.
The main product we can produce with the Cold Catalytic Conversion and De polymerization process by KDV-Plants is high quality diesel fuel which conforms to the European Diesel Norm EN 590 and can be used directly in all diesel engines.
Also when we use biomass as input material we get synthetic diesel fuel which conforms to EN 590 (no biodiesel!) By-products are distilled water, Co2, salt (mineral salt when you use biological residues) and ash (from the inorganic of the input material).
The financial data of the investment promise satisfying returns on Investment. The annual profits and the Internal Rate of Return (IRR) projected are impressivewith a budget of € 33,005,000.
Renewable Εnergy
Small Wind Farm
- Total Investment Cost: 20,000,000€
Small Scale Wind Power generation is an emerging opportunity in the energy sector in Greece. The project concerns the development of 100 Small Scale Wind Parks of 50 KWp each in mainland Greece with long term loans (10 year duration) with a investor participation of 40%.
The project offers to the investor the following services:
- Site selection based on certified wind measurements
- Licensing procedure from all public authorities (Forestry, Archaeology, Environmental, Civil)
- Sign of PPA with H.E.D.N.O (Hellenic Electricity Distribution Network Operator S.A.)
- Grid connection
- Road access to the wind turbine installation area site
- Installation of wind turbines and monitoring system
- Maintenance and operational services
Αgriculture
Production of Extra Virgin Olive Oil
- Total Investment Cost: 5,500,000€
The project concerns the vertical production of EVOO (Extra Virgin Olive Oil). The company will bottle and export extra virgin olive oil of Premium and Ultra Premium quality produced in Greece.
The final product will be distributed and sold to international markets and will aim at customers who seek exquisite products for their dietary habits and are concerned about their wellbeing and also to anyone that wants to present a gift of well being.
Tourism
5 star hotel development
- Total Investment Cost: 12,000,000€
The project concerns the construction of a 2,300 m2 5 star hotel (230 beds/115 rooms capacity) plus the basement area (not inclusive in the buildings license) at a land of 23,393 m2 at the island of Ios in Greece at a prime location. The project does not concern the acquisition of the land itself the cost of which is 1,500,000€. There is also an option to acquire an extra 30,000 m2 of land from adjacent owners.
The total cost of the investment has been calculated taking under consideration that the project can apply for subsidy of 35% to the Investment Law 3908/2011.
Tourism
Small hotel
- Total Investment Cost: 4,500,000€
The project concerns the construction of a small hotel of total area of 1,200 m2 hotel (84 beds/42 room capacity) plus the basement area (not inclusive in the buildings license) at a land of 11,700 m2 at the island of Kythnos in Greece. The project does not concern the acquisition of the land itself the cost of which is 750,000€.
The total cost of the investment has been calculated taking under consideration that the project can apply for subsidy of 35% to the Investment Law 3908/2011.
Tourism
5 star hotel
- Total Investment Cost: 20,000,000€
The project concerns the construction of a 5 star hotel of total area of 5,200 m2 hotel (364 beds/182 room capacity) plus the basement area (not inclusive in the buildings license) at a land of 13,000 m2 at the island of Santorini in Greece. The project concerns the development of the business plan and not the acquisition of the land.
The total cost of the investment has been calculated taking under consideration that the project can apply for subsidy of 35% to the Investment Law 3908/2011.
Renewable Εnergy
Production of biodiesel
- Total Investment Cost: 14,500,000€
The project concerns the installation of a biodiesel plant in Greece with an output 32,000 to of biodiesel / p.a. (36,363,520 l/ p.a.), with a total investment cost of fourteen million and five hundred Euros (14.500.000€).
The project has been approved for the financial support according to the Investment law N.3299/2004 for the support of the investment plan, with the motive of grand support , for the amount seven million two hundred and fifty thousand Euros (7.250.000€) , equal to 50% of the total approved budget of fourteen million and five hundred Euros (14.500.000€).