The Elounda Hills project by Mirum Hellas is set to transform Crete into a global luxury and sustainability destination. As one of the most ambitious developments in the Mediterranean, this €700+ million investment combines premium residential living, world-class hospitality, and environmental consciousness. Designed to attract global travelers and investors, the project marks a significant milestone in luxury tourism and real estate.
What is Elounda Hills?
Elounda Hills is a sprawling, 735-acre development near the picturesque town of Agios Nikolaos, Crete. This exclusive project features luxury residences, premium hospitality, and the largest private marina in Greece. Designed to embrace Crete’s natural beauty and rich culture, it seamlessly integrates modern elegance with environmental sustainability.
The project’s central focus is on creating a unique lifestyle destination that blends relaxation, recreation, and ecological balance. From breathtaking sea views to state-of-the-art amenities, Elounda Hills is poised to become a premier choice for discerning individuals seeking an unparalleled Mediterranean experience.
Core Features of the Project:
- Luxury Living: Over 260 branded villas and apartments for sale in the initial phases.
- Iconic Hilltop Hotel: A 5-star eco-luxury hotel managed by 1 Hotels, emphasizing sustainable design.
- Marina: A 202-berth facility catering to yachts of all sizes, including 12 superyacht berths.
- World-Class Amenities: Botanical gardens, cultural spaces, boutique shops, dining venues, waterparks, and more.
Why is Elounda Hills a Game-Changer in the Mediterranean?
Elounda Hills stands apart by harmonizing luxury with environmental stewardship, creating a destination that feels both indulgent and responsible. Here’s why it’s making headlines:
1. Unrivaled Location
Set on the stunning coast of Crete, Elounda Hills offers panoramic views of the Aegean Sea, a tranquil climate, and a strategic position for yacht owners traveling through the Mediterranean. Its proximity to Agios Nikolaos ensures access to traditional Cretan culture while maintaining a sense of exclusivity.
2. Sustainable Development at Its Core
The project is designed to align with the highest standards of sustainability. This includes:
- Underground infrastructure for roads and utilities to minimize visual impact.
- Renewable energy sources such as solar panels and smart grids.
- Indigenous landscaping to preserve the local ecosystem and reduce water usage.
- On-site desalination plants and wastewater treatment facilities to ensure resource efficiency.
3. Luxury Meets Ecology
Elounda Hills isn’t just about luxury—it’s about creating a harmonious relationship with nature. From the energy-efficient Hilltop Hotel to the eco-conscious marina, every element of the project is crafted to leave a positive environmental footprint.
What Does the Development Include?
Elounda Hills is a multi-phase project, with each stage bringing new offerings:
Phase 1: Completion by 2028
- Hilltop Hotel: A 5-star, 135-room luxury hotel designed in partnership with 1 Hotels.
- Residences: Over 260 branded villas and apartments featuring eco-friendly architecture.
- Marina: A state-of-the-art private marina ready by 2027, offering docking services for vessels up to 90 meters.
- Infrastructure: Road networks, utilities, and recreational areas integrated with the natural landscape.
Future Phases: Extending Beyond 2030
- Expansion of residential options with standalone villas and apartment complexes.
- Development of cultural hubs, sports facilities, and commercial centers.
- Advanced amenities like waterparks, amphitheaters, and botanical gardens.
What Makes the Marina a Standout Feature?
The Elounda Hills Marina, managed by Camper & Nicholsons Marinas, will be the largest private marina in Greece. With 202 berths accommodating vessels of various sizes, it is designed to attract global yacht owners. Its highlights include:
- 12 dedicated superyacht berths for vessels over 90 meters.
- A yacht club, luxury dining, and boutique shopping options.
- Strategic location for yachts traveling between the Mediterranean and the Suez Canal.
- Integration with the marina of Agios Nikolaos, creating a regional hub for maritime tourism.
What Opportunities Does Elounda Hills Offer Investors?
Elounda Hills has already attracted significant interest from global buyers, with over €120 million in pre-sales secured. Investors benefit from:
- High Returns: Rental programs offering annual yields exceeding 4%.
- Branded Residences: Properties managed under the 1 Hotels brand, ensuring quality and prestige.
- Long-Term Growth: Rising demand for luxury and eco-conscious living in Crete positions Elounda Hills as a solid investment.
How Will Elounda Hills Impact Crete and the Local Economy?
Elounda Hills is more than a development—it’s a transformative force for the local economy and community:
- Job Creation: Over 1,200 jobs during construction and 2,000+ permanent roles post-completion.
- Tourism Boost: Enhanced reputation as a premium travel destination, drawing high-net-worth individuals.
- Economic Impact: Increased property values and business opportunities in the region.
How is Elounda Hills Preserving Crete’s Natural Beauty?
Environmental sustainability is integral to the project. Measures include:
- Maintaining and enhancing local ecosystems with native plants.
- Using bioclimatic architectural designs to reduce energy consumption.
- Smart water management systems, including desalination and recycling.
- Underground utilities to preserve the aesthetic and ecological integrity of the area.
When Will Elounda Hills Be Completed?
Elounda Hills is progressing according to its strategic timeline:
- 2027: Marina and coastal zone operational.
- 2028: Hilltop Hotel and branded residences completed.
- 2030+: Expansion of residential areas and advanced amenities.
Why Choose Elounda Hills for Living or Investing?
Elounda Hills combines luxury, sustainability, and unparalleled Mediterranean beauty in one destination. Whether you’re a global traveler, a discerning homeowner, or an investor seeking returns, Elounda Hills offers a rare opportunity to be part of a groundbreaking project.
Elounda Hills is more than a property—it’s a lifestyle. With its blend of eco-conscious development, world-class amenities, and a prime location, this project is redefining luxury living in Crete.
