Dolphin Capital Investors, the largest residential resort investor in Southeast Europe is investing EUR 26 mln to develop the Plaka Bay Resort on the Greek island of Crete. The 430-hectare property has a 7 km seafront and the new resort will comprise a few hundred residential units, a five-star hotel, other leisure facilities and, potentially, an 18-hole golf course. Plaka Bay, situated on a secluded peninsula 30 minutes from Sitia international airport, is DCI’s ninth major project in Greece and its second on Crete, Greece’s most popular holiday destination.
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