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ETAD: Extension until May 20 for the proposals for the development of Lake Caiaphas

The Public Real Estate Company SA, following relevant requests and increased interest, announces the extension of the deadline for submission of proposals for the development, in part or in full, of the property “Spa and Lake Caiaphas” in the context of the relevant Invitation announced in January .

New date for submission of proposals is set for Friday, May 20, 2022, from 09.00 to 16.00.

It is noted that the purpose of the Invitation is on the one hand to inform the Greek and international investment public about the intention of ETAD to announce an International Tender for the long-term development of this property and to attract innovative and detailed proposals for its upgrading and quality development.

The aim of the development will be the substantial upgrade of the existing infrastructure of the property and its transformation into a new, international radiation, “green” development pole for the whole area with emphasis on its unique characteristics and taking into account the rules of protection of the unique ecosystem.

Property Description

This property, in which a branch of ETAD operates, occupies an area of ​​5,210,342 sq.m. and includes:

a) Lake Caiaphas

b) the thermal springs: of Anigrid Nymphs and Geranium or Atlantis Nymphs, which have been recognized (Government Gazette 1043 / Β / 2016 and Government Gazette 3323 / Β / 2019)

c) thermal treatment facilities, with central reception room, canteen, doctor’s office, changing rooms, drilling for the supply of thermal water, hydrotherapy pool that is fed directly from the drilling, etc.

d) the islet of Agia Aikaterini in which there are: Reception building, Hotel Geranio, Hotel Olympia, Hotel Arini, three elongated single-storey buildings (hostels), the church of Ag. Aikaterinis, warehouses, other ancillary facilities and facilities that serve water sports activities (water skiing). Of the Hotels, only Olympia (category 2 *, with 18 rooms – 34 beds) operates, while the rest do not operate

e) land area around the lake and on both sides of the railway line, between the E55 road and the bay of Kyparissia, which includes the coastal zone of forest and sand dunes

It is noted that the modernization of part of the existing facilities and infrastructure networks of the property has been included in the Operational Program “Competitiveness, Entrepreneurship and Innovation 2014-2020”.

Institutional framework

The protection zones, the uses, and the building conditions are defined in the P.D. “Characterization of the Kyparissia gulf and its wider area as” Nature Protection Area “, definition of protection zones, determination of uses, terms and construction restrictions” (Government Gazette 391 / D / 03.10.2018).

With this invitation, ETAD is addressed to any interested party who wishes to submit non-binding proposals for the development of either the entire property or part of it. The utilization will take into account the existing uses, but also the generally valid legislation for the property.

ETAD will utilize the proposals that will be submitted within the aforementioned framework, in order in the second year to examine the way of development / utilization of the property.

The proposals of the interested parties should be submitted in a closed file at the Company’s headquarters (Protocol, 2nd floor). For more information, interested parties can contact 210-3339660 or e-mails: [email protected], [email protected].

Source: Capital

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