Permit issued for new 5-star hotel in Folegandros

The Thira Building Authority has issued a full building permit for a new 5-star tourist complex in Folegandros. The property will be developed at the Tsimplaki-Trouli site, on out-of-plan land within the Municipality of Folegandros. The investor is Varisty Hellas Investments IKE.

The project includes villas, a dining building, a gym, an auxiliary building, swimming pools and underground areas. The development will cover a plot of 12,664.75 sq.m., with approved construction of 1,437.20 sq.m. and coverage of 1,526.96 sq.m. The total volume of the facilities is estimated at 4,796.60 cubic meters.

Accommodation areas will be built as single-story buildings, with underground auxiliary spaces also planned. The maximum height of the facilities is set at 3.55 meters.

The project has already received approvals from the Cyclades Ephorate of Antiquities and the Architectural Council of the Regional Unit of Thira, as well as environmental licensing from the relevant service of the South Aegean Region.