Former "Xenia" in Paleokastritsa to open in July under the name "Aragosta"
CORFU. First to open will be the restaurant on the ground floor. After the end of the season, work will begin on the development of the four luxury suites, aiming to have them ready by Easter 2025.
The property has been leased for 15 years with the option to extend for another 15 years, with the annual rent set at 75,000 euros. The winning company has made a significant investment to enhance the tourist product and the broader development of the area. The family behind the company has a long and rich history in the hotel industry since 1936, with three other hotels in Paleokastritsa: the “Zephyros”, the “Apollo”, and the “Akrotiri”. The ambition of the fourth generation of hoteliers is to contribute through this investment to the tourism development of Paleokastritsa, which is a major attraction for thousands of tourists every summer.
The property
The Paleokastritsa tourist pavilion is located at Koggou, on the Paleokastritsa beach of Agios Spyridonas Bay, south of the Byzantine castle of Aggelokastro. The property was originally constructed in 1932 and was converted into the "Xenia" tourist pavilion in the early 1950s by the Greek National Tourism Organisation.
MARIA BAZDRIYIANNI
Photo: ETAD
