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Thermal Springs OctoberJanuary 201520171 Contents 1 Why thermal springs in Greece? 2 Investment highlights 3 HRADF’s portfolio 4 Fthiotida cluster 5 Edipsos thermal spring 6 Kythnos thermal spring Hellenic Republic Asset Development Fund 2 www.hradf.com Why thermal springs in Greece? Greek thermal water composition Proximity to areas of great provides a unique variety of healing historical interest exquisite natural properties sceneries Greece is endowed with natural mineral springs and Thermopylae monument of Leonidas, Byzantine geothermal waters which form an integral part of the Museum of Fthiotida, ancient ruins and castles country’s national wealth. Both seaside and mountainous landscapes of unique natural beauty Potential for many complimentary Unexplored business activity in a outdoor activities traditional tourist destination skiing in Parnassos and Karpenisi ski areas, Increasing demand for authentic health and lifestyle trekking, hiking, diving etc experiences has created the opportunity for Greece to become an international wellness destination Hellenic Republic Asset Development Fund 3 www.hradf.com Investment highlights 1.Unique Opportunity Unexplored business activity in a traditional tourist destination such as Greece The potential for investment include a variety of business development such as hotels, residents, marinas, parks etc. 2. Ideally Located Properties Geographical location easily accessed by car or by chartered flight (Anchialos airport), or by boat (port of Lavrio) Most of the properties are beachfront Proximity to areas of great historical interest and natural beauty Relatively close to major Ski centers (Parnassos, Karpenisi) (Fthiotida cluster) and daily connections with major Cyclades islands (Kythnos thermal spring) 3. Potential for complementary use and supplementary activities Proximity among the Thermal Springs allows the complementary use It is envisaged the properties to be developed either individually or at a cluster form Potential for many outdoor activities (trekking, hiking etc) A wide variety of uses could be explored (Agrotourism, ecotourism, golf operation, family or children oriented destination, medical tourism, marina) Hellenic Republic Asset Development Fund 4 www.hradf.com HRADF’s portfolio HRADF’s portfolio comprises: Five (5) thermal springs in Fthiotida, One (1) thermal spring in Evia, in close proximity to areas of great a well known tourist destination with archaeological interest great beaches and stunning sceneries of green forests One (1) thermal spring in Cyclades, and specifically in Kythnos island which offers the famous Cycladic scenery and the unique hospitality of the locals at an only two hours distance from Piraeus port Hellenic Republic Asset Development Fund 5 www.hradf.com HRADF’s portfolio Platystomo Thermal Spring Ypati Thermal Spring Edipsos Thermal Spring Thermopylae Thermal Spring Kamena Vourla Thermal Spring & Koniavitis Camping Kamena Vourla Thermal Spring Thermal Springs Platystomo Thermal Spring Ypati Thermal Spring Kythnos Thermopylae Thermal Spring Thermal Spring Kamena Vourla Thermal Spring & Koniavitis Camping Kamena Vourla Thermal Spring Edipsos Thermal Spring Kythnos Thermal Spring Hellenic Republic Asset Development Fund 6 www.hradf.com Fthiotida cluster Potential for many complimentary outdoor activities (skiing in Parnassos and Karpenissi ski areas, trekking, hiking etc) Ferry boat connection with the islands of Sporades (Agios Konstantinos and Volos ports) and Evia Distances / Drive-times from major neighboring cities, transport Pelion infrastructure and tourist sites to : Volos Nea Anchialos Platystomo Karpenissi • Athens (city center): 2h 44’ – 245 km ski center • Volos: 1h 52’ – 156 km Ag. Parnassos Konstantinos • Pelion: 2h 34’ – 184 km ski center • Ag. Konstantinos port: 1h 12’ – 82 km • Nea Anchialos airport: 1h 35’ – 131 km Athens • Parnassos ski center: 1h 25’ – 86 km • Karpenissi ski center: 1h 6’ – 49 km Ypati Thermopylae Kamena Vourla / Koniaviti • Athens (city center): 2h 40’ – 230 km • Athens (city center): 1h 55’ – 195 km • Athens (city center): 1h 55’ – 174 km • Volos: 2h 00’ – 145 km • Volos: 1h 30’ – 130 km • Volos: 1h 45’ – 153 km • Pelion: 2h 17’ – 166 km • Pelion: 2h 0’ – 157 km • Pelion: 2h 14’ – 180 km • Ag. Konstantinos port: 0h 55’ – 65 km • Ag. Konstantinos port: 0h 27’ – 37 km • Ag. Konstantinos port: 0h 11’ – 9 km • Nea Anchialos airport: 1h 17’ – 113 km • Nea Anchialos airport: 1h 0’ – 104 km • Nea Anchialos airport: 1h 14’ – 127 km • Parnassos ski center: 1h 07’ – 69 km • Parnassos ski center: 1h 39’ – 41 km • Parnassos ski center: 0h 56’ – 64 km • Karpenissi ski center: 1h 16’ – 64 km • Karpenissi ski center: 1h 43’ – 89 km • Karpenissi ski center: 1h 55’ – 111 km Hellenic Republic Asset Development Fund 7 www.hradf.com Fthiotida cluster Proximity among Fthiotida cluster’s thermal springs (the maximum distance between two thermal springs of the cluster is 73 km, i.e. approx. 1h drive) allows for complementary use. Moreover, Fthiotida cluster’s thermal springs are located in proximity to areas of great historical interest (Thermopylae monument of Leonidas, Byzantine Museum of Fthiotida, ancient ruins and castles) and of great natural beauty. 1h 5’ drive from Platystomo to Cape Artemissium, where the battle of Artemissium, a Kamena Vourla thermal spring series of naval engagements during the 2nd Persian invasion of Greece in 480 BC took place. Platystomo Byzantine Museum of Fthiotida Ypati Thermopylae Koniavitis Thermopylae Kamena Vourla archaeological site & Memorial of Leonidas and Sparta 300 Delphi archaeological site & Museum Chaeronea, where the famous homonymous battle took place in 338 BC Hellenic Republic Asset Development Fund 8 www.hradf.com Fthiotida cluster 1. Platystomo Thermal Spring General Info Prefecture Fthiotida Two hotels, one hydrotherapy center (spa) and Municipality Makrakomi numerous supporting facilities are located inside the property. Landplot 785,398 sqm One of the hotels and some of the supporting facilities are abandoned. The rest of the existing facilities (of Built area 11,194 sqm total built area 7.394 sq.m.) are currently operating. The property is currently leased. However, there is a Development Tourism-Leisure, pending litigation between ETAD S.A. and the lessee, concept Spa, Thematic Park who is expected to leave the property. 2. Ypati Thermal Spring General Info Prefecture Fthiotida Located at the foot of Oiti mountain, within the homonymous town of Loutra Ypatis. Municipality Lamia Three listed hotel buildings , one hydrotherapy center (spa) and numerous supporting facilities included. Landplot 700,326 sqm The spring is known since ancient The property is currently operating as a hydrotherapy Built area c. 11,098 sqm center. Spring characteristics: 20°C < Water temperature < Development + - 2+ - + - - Tourism-Leisure, 34°C, Na - Cl - Ca - HCO3 - K - HS - Br - B - acidic - concept athletic facilities, mineral – hypotonic healthcare buildings Hellenic Republic Asset Development Fund 9 www.hradf.com Fthiotida cluster 3. Thermopylae Thermal Spring General Info Prefecture Fthiotida Located in an area of great natural beauty, at the foot of mountain Kallidromo, next to very Municipality Lamia important historical sites Landplot 785,398 sqm. Two hotels, one hydrotherapy center (spa) and numerous supporting facilities are located inside Built area 4,057 sqm the property but, currently, are not operating. Development Tourism, Leisure, Spring characteristics: Water temperature > + - 2+ + - - concept Historical Theme 38°C, Na - Cl - Ca - K - HS - Br - B - acidic - Park mineral - hypotonic 4. Kamena Vourla Thermal Spring & Koniavitis Camping General Info Prefecture Fthiotida Beachfront property Molos - Ag. Located at the foot of mountain Kallidromo, in Municipality Konstantinos proximity to areas of historical interest and natural beauty Landplot 789,272 sqm Abandoned camping and supporting facilities are Built area 1,510 sqm located inside the property Spring characteristics: 34°C < Water Development Tourism, Leisure, temperature < 38°C, Na+ - Cl- - K+ - HS- - Br- - B - concept vacation homes, acidic - mineral - hypotonic - weakly radioactive eco-camping Hellenic Republic Asset Development Fund 10 www.hradf.com Fthiotida cluster 5. Kamena Vourla Thermal Spring General Info Prefecture Fthiotida Beachfront property Located at the foot of mountain Kallidromo, in Municipality Molos - Ag. proximity to areas of historical interest and natural Konstantinos beauty Landplot 474.524,00 sqm Three hotels, two hydrotherapy centers (spa) and supporting facilities are located inside the property Built area c. 22,100 sqm Two hotels and one spa are characterized as listed Property currently leased and operating as one of the top wellness natural SPA resorts in Greece Development Tourism-Leisure, (only hotel Galini and spa Ippokratis are operating) concept Conf. Center Spring characteristics: 34°C < Water temperature < 38°C, Na+ - Cl- - K+ - Br- - B - mineral - hypotonic - radioactive Hellenic Republic Asset Development Fund 11 www.hradf.com Edipsos Thermal Spring General Info Prefecture Evia Thermal spring within property Municipality Istiaia -Edipsos limits Property situated in an area of Landplot 22,115sqm + 2,485 sqm special natural beauty in proximity (beach) . to areas of historical interest, next Built area 6,943 sq.m. to cave Sylla, one of the best preserved finds of Roman baths Development Tourism-Leisure, Spa concept The springs are known since
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