The abandoned former royal estate at Tatoi, northwest of Athens, will be undergoing a face lift after the Greek Culture Ministry and the country’s public assets fund (TAIPED) inked a deal on Tuesday.
The agreement paves the way for the conversion of the Tatoi estate into a mixed-use space which will include tourism and culture facilities as well as recreational areas, and mild cultivation activities in the estate’s vineyards and olive groves.
Greek authorities are expecting the revamped estate to become a major tourist destination attracting more than 1 million visitors a year.
The second phase of the redevelopment project concerns the restoration and utilization of buildings on the estate for accommodation, F&B, and recreational services with an initial budget of 25 million euros, the ministry said.
Commenting on the news, National Economy Minister Kostis Hatzidakis said the upgrade and utilization of a section of the former royal estate would contribute to the protection of the natural habitat and modern architectural heritage and boost state coffers.
The future of the Tatoi estate was discussed during Greek Prime Minister Kyriakos Mitsotakis’ visit to the Dumfries House estate in Scotland in 2022 during his meet with Charles III, king of the UK.
