The green light for the implementation of the strategy investment in Ios received the company 105 SA then from the positive opinion with the conditions by the competent authorities. This is one of the three strategic investments totaling 200m euros that will be completed in a depth of 15 years From Calilo Group in Ios.
The investment to implement Company 105 SA, with a total budget of 42 million euros, It concerns the creation of a mild form of high standard tourist facilities in the “Koumbara – Diakofto – Lighthouse” area, on an area of about 566 acres, close to the country of the island.
The investment proposal has been substantially revised in relation to the original planning of 2020, reflecting a clear approach to sustainability and protection of the natural landscape. Specifically, the construction decreased by 43%, from 23,802.89 to 13,653 sq.m., while the projected capacity of the beds was reduced from 622 to about 270 people, ie a decrease of 59%.
At the same time The zone to be utilized is 273 acres, With the average building factor standing at 0.05 – four times lower than the permitted ESCEE Tourism – Recreation threshold and 50% below the corresponding limit of the special decree of Ios. Over half of the total area, 54%, remains unstructured and is part of a protection zone.
The investment is planned With full respect for natural geomorphology and the Cycladic landscape. It is envisaged to use local materials, maintaining low height and volume of buildings, and creating spatial zones that provide free access to the beaches. The architectural proposal of the investment is directly linked to the cultural identity and aesthetic character of Ios.
The investment provides for complete autonomy in terms of basic infrastructure. Includes desalination units capable of producing 1,000 cubic meters of water per day, sewage treatment plants with a reuse of 80% of the volume produced, photovoltaic systems that reduce CO₂ emissions by 2,500 tonnes per year and practices Management of natural resources in accordance with the standards of the circular economy and climate adjustment. At the same time, biodiversity is enhanced by the creation of 15,000 square meters of green zones and planting new trees, while project management includes fire protection measures, flood protection and stream demarcation.
At the social and economic level, the investment provides for the creation of 130 direct and 500 indirect jobs, contributes to the strengthening of the local economy and to differentiate the tourist product of Ios, with the aim of extending the tourist season and reducing seasonality. The public spaces that will be created, as well as the upgraded infrastructure, are expected to serve the islanders, enhancing the sustainable coexistence of visitors and local community.
The completion of the first phase of work expected within the next five years, after the issuance of the Presidential Decree of Approval of the ESSCSE and the subsequent licenses required.