Dolphin Capital Partners and Kerzner International Holdings Limited have broken ground on the site of One&Only Kéa Island in Greece.

Situated in a 60-hectare beachfront site on the west side of Kéa Island, the ultra-luxury development on the Aegean Sea will encompass 75 resort villas, as well as a limited number of One&Only Private Homes for purchase.

As part of the brand’s strategic expansion, One&Only Kéa Island will be the second One&Only resort in Europe following the opening of One&Only Portonovi in Montenegro in 2020.

The resort will be home to a “destination spa with holistic wellness at its heart,” as well as state-of-the-art fitness facilities.

One&Only recently partnered with leading health, wellness and beauty expert brand Chenot to develop and implement various methods across the One&Only portfolio.

Two different wellness approaches are being introduced across the One&Only resort collection – the well-established Espace Chenot and the new One&Only Spa by Chenot, which has been created exclusively for the ultra-luxury resort portfolio. Further details on the upcoming spa at One&Only Kéa Island are not yet available.

Designed with a contemporary Greek elegance by Heah&Co., the resort will celebrate the natural setting of the Cyclades and honour the country’s rich culture and traditions.

The project is being developed in Vroskopos Bay in the northwest part of the island. The One&Only Kea Island resort and Private Home community will be built in a style reminiscent of a Greek amphitheatre, maximizing the sea views on two slopes of the bay.

The total investment of the project is €150 million and is a joint venture between Dolphin Capital Investors, Dolphin Capital Partners, John Heah, and Kerzner International.

Kerzner, an international developer and operator of ultra-luxury resorts and residences, has plans to continue to grow and develop the One&Only brand globally.

Dolphin Capital Partners, specialising in hospitality investment of ultra-luxury residential resorts, will maintain the management of the project and the sales of the Private Homes.