The objective of the aid scheme
The purpose of this scheme is to support tourism investments relating to alternative forms of tourism aimed at exploiting and promoting the specific characteristics of the country’s regions, such as geographical, social, cultural and religious characteristics.
Eligible investment projects
The investment projects concerned are:
a. Facilities of special touristic infrastructure, such as conference centers, golf courses, tourist ports, ski resorts, theme parks, health tourism facilities (thermal therapy units, thermal tourism centres, thalassotherapy centres, rejuvenation centres (spas)), sports tourism training centres, mountain refuges, motorways
b. agro-tourism or wine tourism or geotourism facilities
Eligible expenditure
(i) Construction, extension, modernisation of buildings, special and ancillary facilities of buildings, constructions to ensure accessibility for people with disabilities, and landscaping.
(ii) Purchase and installation of new modern machinery and other equipment, including technical installations and means of transport moving within the premises of the integrated unit.
(iii) Other costs, such as consultancy services, costs for innovation, costs for procedural and organisational innovation for SMEs and Large Enterprises, costs for energy efficiency measures, etc.
Types, intensity and amounts of aid (Development Law – Alternative forms of tourism)
| Category of enterprise | Tax Exemptions | Subsidy | Leasing |
| Small | 100% RAM | 80% RAM 100% under certain conditions* | 100% RAM |
| Medium sized | 80% RAM 100% under certain conditions* | – | 80% RAM 100% under certain conditions* |
| Big | 80% RAM 100% under certain conditions* | – | 80% RAM 100% under certain conditions* |
RAM: percentage of aid as per Regional Aid Map
*Maximum amount of aid per investment project: € 10.000.000
Specific categories of aid
Special categories of aid are provided for investment projects carried out in the following areas/circumstances:
- a. Mountainous areas, according to the classification of the Hellenic Statistical Authority, except for the Municipal Units which form part of the urban complex of Athens,
- b. Frontier area, i.e. an area within 30 kilometers of the border.
- c. Island region, i.e. islands with a population of less than three thousand one hundred (3,100) inhabitants
- d. In buildings classified as preserved buildings
Evaluation procedure (Development Law – Alternative forms of tourism)
Applications for eligibility are submitted to the General Directorate for Private Investment of the General Secretariat for Private Investments and Public-Private Partnerships (PPPs) of the Ministry of Development and Investment.
Applications will be evaluated using comparative evaluation. In this case, a final ranking list will be drawn up, in descending order of merit, following the decisions of the Objections Committee. In the event of a tie, investment projects will be ranked according to the lowest eligible investment cost. le investment cost.
The evaluation of investment projects shall start from the date of submission of the application and shall be completed, with the result of the evaluation check by the Evaluation Committee within thirty (30) days. The promoter of the investment project may submit an objection within an exclusive period of ten (10) days from:
- A) The posting of the Tentative List on the website https://ependyseis.mindev.gov.gr/en of the General Secretariat for Private Investment and S.D.I.T. of the Ministry of Development and Investment; or
- B) The notification of the act issued in cases where the submitted application is rejected during the legality check or of the act issued during the assessment of reasonable costs and the verification of the scoring indicators.