The first “Tourism Investment Support Scheme” of the new Development Law 4887/2022 was announced.
The opening date for applications is next Wednesday 5th of September 2022 and the closing date is 5th of December 2022.
The purpose of this scheme is to grant aid for a wide range of tourism investments, mainly for the creation, expansion and modernisation of tourist accommodation throughout the country, with the aim of improving the quality of the tourist product.
Aid rates
Under the Regional Aid Map, the aid intensity is expected to range from 15% to 75% depending on the size of the company and the region in which it is located.
Beneficiaries of the scheme
- Commercial company
- Cooperative
- Social Cooperative Enterprises, Agricultural Cooperatives, Producer Groups, Αgricultural Cooperatives
- Companies in the process of being established or merged
- Joint ventures registered in the General Commercial Register.
- Public and municipal enterprises and their subsidiaries under certain conditions
For further information regarding this Scheme, you can contact us at 210 8020555 or [email protected].