Greece’s top-tier luxury hotel has a new owner, and it’s raising prices by up to 10%.
The villas of Palazzo d’Italia in the city of Gorgias, near the Greek capital, have all been refurbished since a major fire in July that destroyed many of the property’s historic buildings.
The hotel, which was once owned by the city’s old guard, has a budget of more than $5 million, according to the Greek news site Ekathimerini.
“There is a lot of refurbishing happening,” a Gorgia mayor told Ekathimini.
Gorgios Luxury Hotel is one of two villas owned by a family who are now seeking a buyer, and they’re offering up to $5,000 for each one.
The villa, located in the historic downtown Gorgis, is also undergoing a major renovation.
The property, which once housed the Gorgi Palace and other historic buildings, is a gem of a hotel, with an impressive collection of Greek and European artworks on display in a series of private rooms and private balconies.
But the owners are also looking for a buyer.
“We have been looking for buyers for years,” said Palazzos owner Daphne Palazzi, who owns the property with her husband.
“Theres always a bidding war going on.
Theres always an opportunity to find the right buyer.
And there are no problems.”
It was also one of the few places in Greece that was open for business during the devastating fires that destroyed hundreds of buildings in the region.
The Gorgiacos Luxury, with its distinctive red roof and gothic-style balconies, is one area where the hotel is doing well.
“I think theres an opportunity there for a new owners to come in,” said the mayor of Gótia, a town in central Greece.
The luxury hotel had an estimated value of $3.4 million in July when the fires devastated the area.
“Theyre the only hotel in the area that has been completely renovated and that has its own security,” said local business owner Gótaos Papadopoulos.
The fire destroyed many buildings in Gorgianas town, which has been largely destroyed since the fires.
The resort’s owners have tried to rebuild some of the damaged buildings and are hoping for a deal with the owners of another property nearby.
“This hotel has been open for five months and it is still in good condition,” the hotel’s owner said.
“Our aim is to reopen it.”
The Góttas Luxury is not the only luxury hotel in Gótsi, which lies near the historic town of Plataea, in southern Greece.
That resort also has a history of refurbishment and is located in a beautiful setting with views of the sea.
The Luxury in Plataa, which opened in 2014, has two main suites and a third one on offer.
A total of five villas, including the Luxury and the Palazzoa, have been renovated and are available for rent.
The renovations have been extensive, with a total of more that $2 million spent on renovations and repairs.
“People in Gottia have always loved to go to the resort,” said Plataos owner, who added that there are some other resorts nearby, but the resort has the best views.