Breaking Ground

Elounda Hills

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.

Official Website
Verified Sep 22, 2026~4.3 yrs to delivery
AnnouncedBreaking GroundConstructionOpening SoonNow Open
10.26
Start
2030
Completion
129
Keys
130
Units
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Details

130 residences and 129 hotel keys. Broke ground Oct 2026, completing 2030.

The story so far
Announced Jul 13, 20211 Hotel & Homes Elounda Hills ultra-luxury resort unveiled in Mirabello Bay, Crete (PR Newswire)
prnewswire.com
Broke ground Jun 2026Demote 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 (Tornos News, Greek City Times)
tornosnews.gr
Phase One passes $165M in sales Jun 26, 2026Mirum Group says about 45% of Elounda Hills Phase One residences are sold, with prices from roughly EUR 872,000
globenewswire.com
First construction contract signed Sep 2026Mirum 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.gr
Expected opening 2030
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
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About the project

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. 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.

Developer & design
Common questions

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.

How big is Elounda Hills?

Elounda Hills features 130 residences and 129 hotel keys.