The latest revision of the building permit for the project being developed by Hin marks the transition from an extensive renovation of the existing hotel to a large-scale luxury resort featuring new vacation homes, bungalows, and wellness facilities is marked by the latest revision of the building permit for the project being implemented by Hinitsa Bay Holdings S.A., owned by Irishman Paul Coulson, in Hinitsa, Porto Heli.
According to the Directorate of Prehistoric and Classical Antiquities of the Ministry of Culture, new interventions have been approved that are expected to expand the scope of the investment, as the project currently focused primarily on the hotel complex.
At the heart of the project’s new phase is the effective doubling of the site’s area, from 31.6 acres to approximately 64.8 acres.
The additions
At the same time, the capacity of the Four Seasons Resort and Residences Porto Heli is significantly increasing. The new plan calls for the addition of 182 new beds, 172 of which are for hotel use, while the remaining 10 correspond to vacation homes for sale.
This move is part of the broader trend toward developing high-end mixed-use tourism projects that combine hotel services with branded residences and private homes.
In the same vein, seven new bungalow buildings are being added , with a total floor area of over 1,000 square meters. The new bungalows will include one- or two-bedroom residences with private pools.
The revised project also provides for the addition of new specialized tourism infrastructure approved as part of the revision. This involves the creation of a comprehensive spa complex. The investment includes a total of 11 new buildings, with a total area of approximately 2,200 square meters, featuring a gym, thermal facilities, relaxation areas, treatment and wellness buildings, as well as underground support spaces.
The wellness complex also features a series of outdoor pools and other spa facilities.
Among other things, the third revision of the building permit provides for, among other things, the extensive landscaping of the surrounding area, with new routes for cars and golf carts, an internal road network, and parking areas.
The project also includes new sports facilities, such as tennis and padel courts, enhancing the resort’s multi-theme profile.
The Ministry of Culture’s approval concerns the project’s compliance with archaeological legislation. It sets clear conditions, as noted: if antiquities are discovered during construction, work will be suspended immediately, and the cost of any excavations, archaeological monitoring, and conservation of finds will be borne exclusively by the investor.
It should be noted, however, that in the event of a modification to the project, a relevant dossier must be submitted, and it is emphasized that “a Memorandum of Understanding and Cooperation will be signed with the project owner to monitor the implementation of the project and the execution of all archaeological research and work, as well as for the protection and promotion of archaeological finds within the scope of the project.”
It is recalled that billionaire Paul Coulson purchased two plots of land from the Siakola family several years ago for 50 million euros, on which the AKS Hinitsa Bay and AKS Porto Heli hotels were located, with plans to convert the former AKS Hinitsa Bay into a luxury resort, which will bear the signature of the international chain Four Seasons Hotels & Resorts.