Founded in 1997, TEMES is a leading investor, developer and operator in the high-end tourism and real estate sector in Greece. Costa Navarino, its flagship development, is one of the largest tourism investments in the Mediterranean. Based on solid financial foundations, the development will ultimately comprise five resort areas with 5-star hotels, quality facilities and world-class golf courses. TEMES has fulfilled the vision of its founder, Captain Vassilis Constantakopoulos, to establish his homeland Messinia as a top international destination.
It is owned by long-term and committed shareholders – the Constantakopoulos family (c.75%) and the Olayan Group (c.25%). ΤΕΜΕS also controls Ionian Hotel Enterprises S.A., owner of a historic and flagship property in the center of Athens, which is currently being transformed into a new city destination. Additionally, TEMES has partnered with Lamda Development S.A with the majority stake in the joint development of two state-of-the-art hotels along with branded residences in the framework of the landmark Hellinikon project which aims to put the ‘Athens Riviera’ on the global tourism map.
The Constantakopoulos family are also the founders and majority shareholders of Costamare Inc., a leading NYSE-listed owner of containerships, and Faliro House, an international film company whose recent productions include Before Midnight, The Founder, Knight of Cups, and The Lobster.
Costa Navarino is the prime, sustainable destination in the Mediterranean, located in the Greek region of Messinia in the southwest Peloponnese. One of the most unspoiled and breathtaking seaside Mediterranean landscapes, this area has been shaped by 4,500 years of history. Its philosophy is driven by a genuine desire to promote Messinia, while protecting and preserving its natural beauty and heritage. It comprises a number of distinct sites featuring five-star deluxe hotels, luxury private residences, conference facilities, spa and thalassotherapy centers, signature golf courses, as well as a wide range of unique year-round activities for adults and children.
Navarino Dunes, the first area, is home to two luxury five-star hotels, The Romanos, a Luxury Collection Resort, and The Westin Resort Costa Navarino; Navarino Residences, a collection of luxury villas for private ownership; and The Residences at The Westin Resort Costa Navarino – fully furnished resort apartments for sale; the signature golf course The Dunes Course; Anazoe Spa, a 4,000m2 spa and thalassotherapy center; the state-of-the-art conference center House of Events; specially designed facilities for children; and a variety of gastronomy venues, sports, outdoor and cultural activities.
Navarino Bay, the second area, is home to the signature golf course, The Bay Course and the earth-sheltered Bay Clubhouse, and is set to welcome the Mandarin Oriental, Costa Navarino in 2023.
At the nearby site Navarino Waterfront, the upscale, vibrant W Costa Navarino will open in summer 2022.
At Navarino Hills, two new 18-hole signature golf courses -The International Olympic Academy Golf Course and The Hills Course- are open as of February 2022.
Costa Navarino’s philosophy is driven by a genuine desire to promote Messinia, while protecting and preserving its natural beauty and heritage. Costa Navarino adheres to strict environmental protection guidelines and management principles, recognizing the significant contribution of a pristine natural environment to the development of a sustainable tourism product. Its vision is to establish Costa Navarino and Messinia as a model destination where people from all over the world wish to not only visit but also to reside.
TEMES has developed several environmental programs in conjunction with the University of Stockholm, the Academy of Athens and environmental NGOs.