One & Only Asteria Complex
Construction of a 5plus star high end luxury resort in Glyfada
About the project
One & Only Asteria Complex in Glyfada is a new luxury resort, located within the famous Athenian Riviera in a 27-hecture tranquil beachfront site in South Athens.
The Development concerns a 5plus star high end luxury resort of 400 beds in total, with a combination of standard rooms, suites, bungalows, furnished apartments and branded villas, offering spectacular views over the Saronic Gulf. Specifically, the available keys will be 141 with the total saleable are amounting to 12.550 m2. Further to that, the Development includes various F&B settings, multipurpose buildings, events hall, Beach bars and an exclusive Spa, of 4.100 m2 area. All of the buildings will be in a short walking distance from the beach, and many of them in close visual contact with it. The total buildable area of the Resort (GBA) amounts to 20.550 m2.
Focal was engaged to provide Technical Advisory Services on behalf of the Lender, in terms of construction quality, time-schedule, cost control, risk assessment, GC payments & certifications, and any other issues may occur during the Project.