Rosewood Blue Palace
Rosewood Blue Palace is Rosewood Hotels & Resorts' debut in Greece, a full reinvention of one of Crete's landmark waterfront resorts on a hillside between Plaka and Elounda overlooking the Gulf of Elounda and the islet of Spinalonga.
Official WebsitePlaka, Elounda. 44 residences and 154 hotel keys. Targeting 2027. Financed with $42.6M from Recovery and Resilience Facility (Greece 2.0) in January 2025.
The 154-room retreat, 85 of them with private pools, spans suites and villas alongside three outdoor pools, a private beach, six dining and bar concepts, and an Asaya spa devoted to hydrotherapy and movement. It is developed by Greece's Phaea group under sisters Agapi and Costantza Sbokou.
Greece's tourism-investment licensing service (EYPATE) approved a revised permit on Jan 9, 2026, valid to Nov 2029, reconfiguring the Blue Palace and Argo units plus 44 tourist residences (631 beds total), after Culture Ministry sign-off in Dec 2025.
powergame.grGolf Residences (Phāea) secured a €42.57M Recovery and Resilience Facility loan toward the €100M Blue Palace transformation.
powergame.grRosewood announces its Greece debut, reimagining the Blue Palace resort in Elounda, Crete.
oftmw.comThe outlook for Rosewood Blue Palace
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Frequently asked
Where is Rosewood Blue Palace located?
Rosewood Blue Palace is located in Elounda.
When will Rosewood Blue Palace open?
Rosewood Blue Palace is opening soon, with completion expected in 2027 (a TMW estimate).
Who is developing Rosewood Blue Palace?
Phāea is the developer behind Rosewood Blue Palace.
Who designed Rosewood Blue Palace?
Rosewood Blue Palace was designed by K-Studio, with interiors by Afroditi Krassa.
How big is Rosewood Blue Palace?
Rosewood Blue Palace features 44 residences and 154 hotel keys.