Huge investment in Crete by Vassilis Milionis

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Crete, continues to keep the intresting of investors

Vassilis Milionis’ new activity in the real estate and tourism sectors is accompanied by his new investment project, amounting to EUR 16 million, his company will be able to build a 5-star hotel and holiday appartments

Thus, after the large investment of Ethniki Pangaea together with the development company Dimand for the construction of a tourist complex that will be developed on two 11.4 acres of land, but also the investment of a Russian cress of real estate for the construction of a tourist village in Agios Nikolaos and Elounda, comes one more large investment from the businessman Vassilis Milionis.

Luxury properties aimed at greek and foreign audiences.

These are the new business of Vassilis Milionis, which operates in the real estate and tourism sectors, with his flagship Filia Investments LTD.

At the first phase the new investment in Crete for Filia Estate, amounting to 16m euros, the Filia Development IKE, managed by Vassilis Milionis and the headquarters is at Neo Psychiko, was created as a Private Capital Company in 2018 which evolved into Filia Investments, one of the most ambitious private real estate development companies in Greece, with a strong presence in China, which focuses on the development of luxury properties for private investors, as well as on projects in the hospitality sector.

Vassilis Milionis’ new activity is in very promising sector of luxury tourism – especially in one of the most popular domestic destinations, a few days ago in island of Crete, in the area of Avgenikis & Veneratou in the mainland of Heraklion city, the establisment ceremony of the first major project entitled Filia Estate which wants to attract foreign investors through the program of the “Golden Visa” took place.

The program gives the oppertunite in residence, to non-EU third-country investors, if they buy properties worth it 250,000 euros or more.

The masterplan of the project, predicts to build a luxury hotel with dining areas, shops, wellness centre, club for children, sports facilities, gardens with large olive groves etc., as well as 127 residences, of which 90 with one bedroom and the 37 two bedrooms, from 70 sq.m. up to 95 sq.m., including their own swimming pool.

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