Elounda Hills is an ultra-luxury branded-residence resort rising on the hills above Elounda near Agios Nikolaos on the northeastern coast of Crete, Greece, with 130 residences and 129 hotel keys, under way since June 2026 and set to finish in 2030.
Overlooking Mirabello Bay and the historic island of Spinalonga, the roughly 800-million-euro development spans a vast hillside site with luxury hotels, a collection of branded villas and residences, a marina, and extensive leisure and tourism amenities. Developed by Mirum Group with a 1 Hotel and Homes branded-residence component, the project blends contemporary Mediterranean design with sustainability at the scale of a new coastal destination.
Mirum Hellas signs Domiki Kritis to build the Waterfront Villas and 24 Marina Branded Apartments, with works starting October 2026 and due December 2027 after an ECI process begun March 2026 (GTP Headlines).
news.gtp.grMirum Group says about 45% of Elounda Hills Phase One residences are sold, with prices from roughly EUR 872,000.
globenewswire.comDemote from construction: still in Early Contractor Involvement / pre-construction (AKTOR & Domiki engaged, final design compliance filed); peak construction not until 2027–2028, no groundbreaking yet.
tornosnews.gr1 Hotel & Homes Elounda Hills ultra-luxury resort unveiled in Mirabello Bay, Crete.
prnewswire.comThe outlook for Elounda Hills
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Frequently asked
Where is Elounda Hills located?
Elounda Hills is located in Agios Nikolaos.
When will Elounda Hills be completed?
Elounda Hills is breaking ground, with completion targeted in 2030.
Who is developing Elounda Hills?
Mirum Group, 1 Hotels & Homes is the developer behind Elounda Hills.
Who designed Elounda Hills?
Elounda Hills was designed by K-Studio, with interiors by Gulla Jonsdottir & More.
Who is building Elounda Hills?
Elounda Hills is being built by Domiki Kritis.