NewzEgyptian businessman Naguib Sawiris, chairman of Ora Developers, is investing approximately €100 million to develop the Silversands resort on the Greek island of Mykonos. The six-star luxury property is scheduled to open in May 2027.
Spanning 42,000 square metres in the Kalafatis area, the project aims to showcase a quieter, more understated side of Mykonos. According to the developer, the resort is specifically designed to attract affluent families back to the destination.
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