Happy Holidays S.A. and Qatar-based JTA Investment Holding have announced the signing of an investment agreement for the development of the sustainable SARTIMARE Beach Resort & Spa in Sarti, Halkidiki, Greece.
Under the agreement, JTA Investment Holding will invest €65 million in the project. The development will be built on a site of approximately 120,900 square meters, with construction scheduled between 2027 and 2030.
The project, named SARTIMARE Beach Resort & Spa, is designed as a sustainable luxury destination and will include:
- Luxury hotel and hospitality facilities
- Premium residences and villas
- Wellness and spa amenities
- Retail, food and beverage outlets
- Marina infrastructure
The total project valuation is expected to exceed €100 million upon completion of key development phases.
The partnership combines the tourism development expertise of Happy Holidays S.A. with the international investment strength of JTA Investment Holding, aiming to create one of the Mediterranean’s leading sustainable luxury destinations.
Statements from leadership
George Iosifidis, Founder and Owner of Happy Holidays S.A., said the agreement marks an important milestone for the project and highlights growing international confidence in Greece’s tourism sector.
Dr. Amir Ali Salemi Zadeh, Founder and CEO of JTA Investment Holding, stated that the investment reflects strong confidence in Greece’s tourism potential and aligns with the company’s long-term international strategy in tourism and real estate.
Economic impact
The project is expected to:
- Upgrade tourism infrastructure in Halkidiki
- Create jobs during both construction and operation
- Attract international visitors and investors from Europe and the Middle East
About the companies
Happy Holidays S.A.
Website: https://www.happyholidayssa.com
JTA Investment Holding
Website: https://www.jta.qa
