Stella Island Resort has gained immense popularity in recent years for its luxurious amenities and breathtaking views. But, have you ever wondered who owns this magnificent property? In this article, we will explore the ownership of Stella Island Resort and shed light on its history.
History of Stella Island Resort
Stella Island Resort is a five-star property located in the beautiful island of Crete, Greece. It was opened in 2017 and has since then become a popular destination for tourists worldwide. The resort boasts 225 suites and villas, each designed to offer utmost comfort and luxury to its guests.
Ownership of Stella Island Resort
The ownership of Stella Island Resort is a bit complicated. The property is owned by a Cyprus-based company named Efstathios Kontopoulos Ltd. However, the resort is managed by a Greek hospitality company named Metaxa Hospitality Group.
Efstathios Kontopoulos Ltd.
Efstathios Kontopoulos Ltd. is a private company registered in Cyprus that specializes in real estate investments. The company acquired the property where Stella Island Resort now stands in 2004. After acquiring the land, they invested heavily in building the resort from scratch.
Metaxa Hospitality Group
Metaxa Hospitality Group is a Greek hospitality company that manages several properties across Greece. They are responsible for managing various aspects of Stella Island Resort, including operations, marketing, and customer service.
The Future of Stella Island Resort
Stella Island Resort has been a massive success since its opening in 2017. However, there are plans to expand the property further to meet growing demand from tourists worldwide. Efstathios Kontopoulos Ltd. has already acquired additional land adjacent to the resort with plans to build more suites and villas.
Conclusion
In conclusion, Stella Island Resort is owned by Efstathios Kontopoulos Ltd. and managed by Metaxa Hospitality Group. The property has been a massive success since its opening in 2017, and there are plans to expand it further to meet growing demand. If you ever visit Crete, be sure to check out this magnificent property and experience its luxurious amenities firsthand!