Projects in Greece

Azapiko Project

Azapiko is a large-scale project located south of Thessaloniki, near the Kassandreia Peninsula in Greece. The total investment for the project is approximately €3.4 billion. The project covers an area of around 1,700 hectares and is designed as a fully serviced, year-round urban resort destination.

The main goal of Azapiko is to create a high-quality environment that combines tourism, residential living, and leisure facilities. The concept focuses on providing premium services and modern infrastructure while maintaining an exclusive atmosphere with only four- and five-star hospitality services.

Structure

The Azapiko project is divided into six main functional areas:

• Waterside Services – including a ferry terminal, marina, restaurants, and retail spaces.

• Hotels – several four- and five-star resort hotels offering high-quality accommodation and hospitality services.

• Villas, Apartments, and Residential Areas – a variety of residential units including luxury villas, apartments, and residential land for development.

• Offshore Island Development – an island attraction featuring a sea aquarium, conference center, and retail facilities.

• Leisure and Entertainment Facilities – including a ski sporting hall, championship golf courses, and a large aqua park.

• Functional Buildings – such as hospitals, retail areas, and other supporting infrastructure.

Urban Concept

The entire is organized into six interconnected districts, each with its own unique character and facilities:

• A central district featuring the marina, ferry terminal, retail areas, and key infrastructure.

• The Golf Resort area with championship golf courses and a club hotel.

• The Venetian Village, combining a resort hotel with traditional-style villas.

• The Hillside Villas district with a spa hotel and scenic residential areas.

• The forest and beach luxury villa zone, including premium villas, leisure services, and supporting facilities.

• An offshore island destination offering unique attractions and a luxury hotel.

Year-Round Destination

Unlike seasonal resorts, Azapiko is a year-round serviced urban destination. Most services and facilities operate throughout the year, supporting both tourists and permanent residents.

Some facilities may operate seasonally due to their specific nature. For example, the golf courses may host international tournaments, and the sea aquarium may occasionally close for animal care, maintenance, and technical operations.

Premium Concept

The strategy of Azapiko focuses exclusively on high-quality services and infrastructure. Therefore, the project does not include low-budget accommodation or services. All hotels belong to the four- and five-star category, ensuring a premium experience for residents and visitors.

Certain infrastructure elements such as parking areas, helicopter landing zones, and some sports facilities are designed mainly to support the attractiveness and functionality of the destination rather than to generate direct financial returns.