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Ithaca to get top class resort

Iliad Resort, when completed, will have individual hotels, villas and residences across 400 hectares

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Iliad resort in Ithaca, once completed, is expected to be the largest master planned resort in the Greek islands. Photo supplied.

28 April 2014

Portfolio International Holding Limited, an international company with many years of development and investment history that can be traced in Australia, the United States, the Caribbean, Europe and Mexico, is planning to build a luxurious resort in the southern shores of Ithaca.

The project is called Iliad Resort and the plans are already posted on the website of the company (www.interportfolio.com). Amongst others the developers plan to build a 200 slip mega yacht marina, a waterfront village and marina retail, six luxury resorts, comprising of 1,020 resort suites and condominiums, and 150 golf course residences, and an 18-hole Greg Norman designed golf course.

The Iliad Resort will be situated on 400 hectares of Ionian sea front land on the Ionian island of Ithaca, and when completed it will be the largest master planned resort in the Greek islands.

According to the developers, Setai Hotels and Resorts, Rosewood Hotels and Resorts and Rotana Hotels have all agreed to manage, brand and operate individual hotels, villas and residences within the master plan.

Originally formed in 1984 in Australia, Portfolio has completed 22 projects globally and has as its principal partners Ian Meredith and Chris Meredith.

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Comments

One of the big areas of corruption is Greeks selling everything to foreigners to destroy all that is Greece on the pretence that Tourism gives something to Greece. Tourism takes everything from Greece and gives back the shit of 10 million people only. The destruction that Tourism has so far created in Greece will take a few lifetimes to fix, at the expense of tax paying Greeks. Landscapes and beauty that all the invasions and wars did not destroy in thousands of years, have not been able to cope the attack of traitors and Barbarians in less than 50 years. The reason Greeks wear dark glasses and drink cheap pure alcohol? To hide their shame and drown their hearts in cheap booze? They should just drown themselves in the pure undiluted shit they pump in every other persons village shore. "Vengence is mine said the Lord".
There goes Ithaca...

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